OTHERAPPROVED

Amended Lease Option Approved for Airport Hotel Project

The Authority approved an amended and restated Option to Lease Agreement with ILM Airport Hotel Partners, LLC, effective February to June 2026, including two $50,000 payments related to development milestones.

Status
APPROVED
Document date
January 28, 2026
Contract type
OTHER
Vendor
Ilm Airport Hotel Partners Llc
Agency
Wilmington Airport Authority · NC

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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 amount
$50,000 upon execution (non-refundable), additional $50,000 upon financing closing
Contract type
OTHER
Contract term
Option term: February 1, 2026 – June 30, 2026
Renewal date
2026-06-30
Document type
Minutes
Source document
New Hanover County Airport Authority Regular Meeting Minutes January 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Wilmington Airport Authority?

Ilm Airport Hotel Partners Llc was awarded this government contract by Wilmington Airport Authority, as recorded on January 28, 2026. The contract value is $50,000 upon execution (non-refundable), additional $50,000 upon financing closing.

How much is the Ilm Airport Hotel Partners Llc contract with Wilmington Airport Authority worth?

The Ilm Airport Hotel Partners Llc contract with Wilmington Airport Authority is valued at $50,000 upon execution (non-refundable), additional $50,000 upon financing closing.

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 New Hanover County Airport Authority Regular Meeting Minutes January 2026 (Minutes), dated January 28, 2026 from Wilmington Airport Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ilm Airport Hotel Partners Llc hold?

Ilm Airport Hotel Partners 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.

View Ilm Airport Hotel Partners Llc's profile

What is Wilmington Airport Authority currently buying?

Explore Wilmington Airport Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Wilmington Airport Authority's profile

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