Niceville Approves 30-Year Lease of Parkland from Air Force
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Description
The City of Niceville approved a 30-year lease agreement with the United States Department of the Air Force for the Twin Oaks Park/Mullet Festival Site. The lease covers approximately 47.6 acres and includes both monetary payments and in-kind services, ensuring continued use for community events and recreation.
Contract Details
Contract Amount
$65,000 for year 1 ($48,990 payment + $16,100 in in-kind services), escalating up to approximately $118,000 by year 30
Vendor
UNITED STATES DEPARTMENT OF THE AIR FORCE
Agency
City of Niceville, FL
Contract Type
FACILITIES
Document Date
June 9, 2026
Contract Term
30 years (2026–2056)
Renewal Date
2056-06-09
Renewal Info
New 30-year lease consolidates all prior expired/expiring licenses. Annual base rent increases by up to 3% or CPI each year.
More from UNITED STATES DEPARTMENT OF THE AIR FORCE
More from City of Niceville
City of Niceville City Council Agenda 2026-06-09
City of Niceville City Council Agenda 2026-06-09
City of Niceville Regular Council Meeting Minutes March 10 2026
City of Niceville City Council Meeting Agenda March 10 2026
Niceville CRA Board Meeting Agenda March 2026
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