Airport Ground Lease Approved with Lake Area Technical College
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Description
Watertown City Council approved a ground lease at Watertown Regional Airport with Lake Area Technical College, setting annual rent at $578.68. The lease supports the college’s aviation-related use of airport property.
Contract Details
Contract Amount
$578.68 per year
Vendor
LAKE AREA TECHNICAL COLLEGE
Agency
City of Watertown, SD
Contract Type
FACILITIES
Document Date
June 1, 2026
Contract Term
Annual ground lease; amount stated as annual rent
Renewal Info
Described as a ground lease with stated annual rent; specific renewal or term length details are not provided in the excerpt.
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