Airport Land Lease Proposed for Seacoast Hangar Condominium
City of SanfordCity · Sanford, ME- Disclosed value
- $938.79 for the first partial year; $3,755.16 for the first full year; annual rent thereafter based on 19,764 square feet and the applicable private hangar land lease rate
- From agendapacket
- Document date
- Oct 8, 2026
- Renews
- Free account
The 30-second brief
The City of Sanford is considering a land lease with Seacoast Hangar Condominium Association for Hangar Condominium I at Sanford Seacoast Regional Airport. The lease covers units E1 through E10 for an initial term ending December 31, 2046, with first-year rent of $3,755.16 and a potential 10-year extension.
Seacoast Hangar Condominium Association holds this facilities contract with City of Sanford.
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Contract details
- Contract type
- Facilities
- Amount
- $938.79 for the first partial year; $3,755.16 for the first full year; annual rent thereafter based on 19,764 square feet and the applicable private hangar land lease rate
- Document date
- October 8, 2026
- Term
- October 1, 2026 – December 31, 2046, including a preliminary period through December 31, 2026, followed by a 20-year initial term beginning January 1, 2027; one optional 10-year extension through December 31, 2056
- Renews
- On record
- Vendor
- Seacoast Hangar Condominium Association
- Agency
- City of Sanford
- Source document
- Sanford Seacoast Regional Airport AgendaPacket Airport Advisory Committee Meeting And Related Documents 2026-10-08 (AgendaPacket)
More City of Sanford contracts
Questions about this contract
Who was awarded the facilities contract by City of Sanford?
Seacoast Hangar Condominium Association was awarded this facilities contract by City of Sanford, as recorded on October 8, 2026. The contract value is $938.79 for the first partial year; $3,755.16 for the first full year; annual rent thereafter based on 19,764 square feet and the applicable private hangar land lease rate.
How much is the Seacoast Hangar Condominium Association contract with City of Sanford worth?
The Seacoast Hangar Condominium Association contract with City of Sanford is valued at $938.79 for the first partial year; $3,755.16 for the first full year; annual rent thereafter based on 19,764 square feet and the applicable private hangar land lease rate, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Sanford Seacoast Regional Airport AgendaPacket Airport Advisory Committee Meeting And Related Documents 2026-10-08 (AgendaPacket), dated October 8, 2026 from City of Sanford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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