FACILITIESAPPROVED

City of Dallas Council Agenda 2026-05-27

Dallas Approves Long-Term Love Field Lease With Signature

Capital investment obligation of $65,000,000.00; Estimated Revenue: Aviation Fund ($100,774,049.00) over primary term and ($514,579,706.00) during renewal terms; Aviation Construction Fund ($4,500,000.00)City of Dallas citySIGNATURE FLIGHT SUPPORT LLCMay 27, 2026

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Description

The City of Dallas will enter a 20‑year lease with Signature Flight Support LLC, with multiple renewal options, for nearly 49 acres at Dallas Love Field and a $65 million capital investment obligation. The agreement is projected to generate over $100 million in Aviation Fund revenue during the primary term and more than $514 million during renewals.

Contract Details

Contract Amount

Vendor

SIGNATURE FLIGHT SUPPORT LLC

Agency

City of Dallas city, TX

Contract Type

FACILITIES

Document Date

May 27, 2026

Contract Term

Twenty-year lease with two fifteen-year and one fourteen-year renewal options

Renewal Info

Includes two 15-year and one 14-year renewal options beyond the initial 20-year term, with substantial projected Aviation Fund revenues during renewal periods.