Sawyer County Agenda Packet 2026-06-18
County Approves 20-Year Hangar Lease with Hanna Bay Holdings LLC
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Description
Sawyer County entered into a 20-year lease agreement with Hanna Bay Holdings, LLC for hangar property at Sawyer County Municipal Airport. The agreement includes annual rent, CPI-U adjustments, and an option to renew for ten additional years. The Board approved the resolution and lease on June 18, 2026.
Contract Details
Contract Amount
$735.00/year, adjusted annually by CPI-U index; $1,000 one-time payment upon commencement
Vendor
HANNA BAY HOLDINGS LLC
Agency
Couderay village, WI
Contract Type
OTHER
Document Date
June 18, 2026
Contract Term
20 years commencing July 23, 2026, with option for one 10-year renewal
Renewal Date
2056-07-22
Renewal Info
Renewable for one additional ten (10) year period under same terms except for rent, with 60-day written notice prior to expiration. Annual CPI adjustment to rent. Personal guaranty from Daniel Mersel ensures performance. Lessee has option to renew, provided notice is given at least 60 days before the initial 20-year term ends.
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