Three-Year Marborg Industries Yard Lease at Airport
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Description
The Airport Commission will consider approving a three-year lease with two one-year extension options for Marborg Industries, Inc. covering fenced paved lots on David Love Place and Jack Peres Place at an annual rent of $253,155.48 plus utilities. The agreement supports industrial yard operations at the airport.
Contract Details
Contract Amount
$253,155.48 annual rent
Vendor
MARBORG INDUSTRIES INC
Agency
Santa Barbara Airport Commission, CA
Contract Type
FACILITIES
Document Date
May 20, 2026
Contract Term
Three-year lease commencing June 1, 2026, with two one-year options to extend
Renewal Date
2029-06-01
Renewal Info
Initial three-year term starting June 1, 2026, with two optional one-year extensions; specific notice requirements for exercising options are not provided in the agenda.
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City of Santa Barbara Airport Commission Agenda 2026-05-20
City of Santa Barbara Airport Commission Agenda 2026-05-20
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