FACILITIESAPPROVED

City of Santa Barbara StaffReport Lease Agreement 202610 – Pac Net, Inc. 2026-05-20

Airport approves lease with Pac Net for yard space

$43,110.72 annual rent, plus utilities (water $44.64 and sewer $29.76 minimum or metered rate)Santa Barbara Airport CommissionPAC NET INCMay 20, 2026

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Description

The City of Santa Barbara Airport Department seeks approval of Lease Agreement 202610 with Pac Net, Inc. for office and storage space at 629 Firestone Road and 150-C David Love Place. The month-to-month lease begins June 1, 2026, at $43,110.72 in annual rent plus utilities, with CPI-based annual adjustments capped at 8%.

Contract Details

Contract Amount

$43,110.72 annual rent, plus utilities (water $44.64 and sewer $29.76 minimum or metered rate)

Vendor

PAC NET INC

Agency

Santa Barbara Airport Commission, CA

Contract Type

FACILITIES

Document Date

May 20, 2026

Contract Term

Month-to-month term commencing June 1, 2026

Renewal Info

Lease is structured as month-to-month, continuing until terminated by either party, with rent subject to annual Consumer Price Index adjustments capped at 8%.