FACILITIESAMENDED

City to modify airport land lease with Advantage Aviation

The City of Fairmont will consider approving a modification to its long-term ground lease with Advantage Aviation at Fairmont Municipal Airport to update the legal description and add lender financing provisions. The amendment supports financing for construction of a new hangar without altering core lease terms.

Status
AMENDED
Document date
July 26, 2026
Contract type
FACILITIES
Vendor
Advantage Aviation
Agency
Town of Fairmont · MN

Trusted by teams at

Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FACILITIES
Contract term
30-year ground lease term beginning on the Commencement Date in 2026
Renewal date
2056-12-31
Renewal
Original 30-year Third Party Development and Ground Lease approved April 27, 2026; current action is an administrative amendment to legal description and financing provisions, not a term extension.
Document type
AgendaPacket
Source document
City of Fairmont Agenda Packet 2026-07-27

Related contracts

Other contracts from Advantage Aviation.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Town of Fairmont?

Advantage Aviation was awarded this facilities contract by Town of Fairmont, as recorded on July 26, 2026.

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 City of Fairmont Agenda Packet 2026-07-27 (AgendaPacket), dated July 26, 2026 from Town of Fairmont. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Advantage Aviation hold?

Advantage Aviation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Advantage Aviation's profile

What is Town of Fairmont currently buying?

Explore Town of Fairmont's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Town of Fairmont's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free