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Airport Commercial Lease Amended for NavFleet Holdings

City of Owatonna logoCity of Owatonna
Disclosed value
$3,460 per year (2026, CPI escalator in future)
From minutes
Document date
Jan 6, 2026
Term
30 years (effective January 2, 2026)
Renews
Free account

The 30-second brief

What it covers

Council approved Amendment One to the 30-year Commercial Use Airport Land Lease with NavFleet Holdings and Fountain Aviation, authorizing commercial aircraft repair and maintenance.

Who holds it

Navfleet Holdings holds this contract with City of Owatonna. Its other public contracts on record include work for Town of Owatonna.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Owatonna contract.

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Contract details

Amount
$3,460 per year (2026, CPI escalator in future)
Document date
January 6, 2026
Term
30 years (effective January 2, 2026)
Renews
Free account
Vendor
Navfleet Holdings
Agency
City of Owatonna
Source document
Owatonna City Council Minutes January 6 2026 (Minutes)

Navfleet Holdings's other public contracts

City of Owatonna, MinnesotaNavFleet Holdings amends airport hangar lease. · Jan 1, 2025Town of Owatonna, MinnesotaAmendment to airport hangar sublease agreement · Jan 1, 2025City of Owatonna, MinnesotaNavFleet to maintain Insurance coverage for airport sublease · Jan 1, 2025All Navfleet Holdings contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of Owatonna?

Navfleet Holdings was awarded this government contract by City of Owatonna, as recorded on January 6, 2026. The contract value is $3,460 per year (2026, CPI escalator in future).

How much is the Navfleet Holdings contract with City of Owatonna worth?

The Navfleet Holdings contract with City of Owatonna is valued at $3,460 per year (2026, CPI escalator in future).

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Owatonna City Council Minutes January 6 2026 (Minutes), dated January 6, 2026 from City of Owatonna. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Navfleet Holdings hold?

Navfleet Holdings 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 Owatonna currently buying?

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

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