City of Laredo Awards Facilities Contract to Gravity Jets LLC (May 2025)
City of LaredoCity · Laredo, TX- Disclosed value
- $250.00 per month (CPI-adjusted annually)
- From agenda
- Approved
- May 5, 2025
The 30-second brief
The City of Laredo approved a 30‑year ground lease with Gravity Jets, LLC for a 5,004.15 square foot fuel farm tract at Laredo International Airport at $250 per month, with annual CPI adjustments and a 10‑year extension option. The lease supports Gravity Jets’ FBO operations and airport economic development.
Gravity Jets LLC holds this facilities contract with City of Laredo. Its other public contracts on record include work for Laredo Airport Advisory Board and Laredo Urban Transportation Study.
Term as filed: 30-year lease term with one 10-year extension option.
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Contract details
- Contract type
- Facilities
- Amount
- $250.00 per month (CPI-adjusted annually)
- Document date
- May 5, 2025
- Term
- 30-year lease term with one 10-year extension option
- Vendor
- Gravity Jets LLC
- Agency
- City of Laredo
- Source document
- City of Laredo Regular Meeting Agenda 2025-05-05 (Agenda)
Gravity Jets LLC's other public contracts
More City of Laredo contracts
Questions about this contract
Who was awarded the facilities contract by City of Laredo?
Gravity Jets LLC was awarded this facilities contract by City of Laredo, as recorded on May 5, 2025. The contract value is $250.00 per month (CPI-adjusted annually).
How much is the Gravity Jets LLC contract with City of Laredo worth?
The Gravity Jets LLC contract with City of Laredo is valued at $250.00 per month (CPI-adjusted annually), covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Laredo Regular Meeting Agenda 2025-05-05 (Agenda), dated May 5, 2025 from City of Laredo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Gravity Jets LLC hold?
Gravity Jets LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Laredo currently buying?
Explore City of Laredo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.