CONTRACTRECOMMENDED

Ground Lease for Airport Hangar PAP-21 Recommended

Lake in the Hills village
Disclosed value
$2,437.84 annually plus $72 electrical service fees
From minutes
Document date
Jul 26, 2022
Renews
Free account

The 30-second brief

What it covers

The Village is recommending approval of a 20-year airport ground lease with CS Air, LLC for Hangar PAP-21, running from August 1, 2022 to July 30, 2042, with four five-year renewal options. The agreement provides $2,437.84 in annual ground rent and $72 in electrical service fees, subject to annual adjustments.

Who holds it

Cs Air LLC holds this facilities contract with Lake in the Hills village.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Lake in the Hills village contract.

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Contract details

Contract type
Facilities
Amount
$2,437.84 annually plus $72 electrical service fees
Document date
July 26, 2022
Term
August 1, 2022 to July 30, 2042, with option to renew for four additional five-year terms
Renews
Free account
Source document
village_of_lake_in_the_hills_committee_of_the_whol.pdf (Minutes)

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Questions about this contract

Who was awarded the facilities contract by Lake in the Hills village?

Cs Air LLC was awarded this facilities contract by Lake in the Hills village, as recorded on July 26, 2022. The contract value is $2,437.84 annually plus $72 electrical service fees.

How much is the Cs Air LLC contract with Lake in the Hills village worth?

The Cs Air LLC contract with Lake in the Hills village is valued at $2,437.84 annually plus $72 electrical service fees, covering facilities work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in village_of_lake_in_the_hills_committee_of_the_whol.pdf (Minutes), dated July 26, 2022 from Lake in the Hills village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cs Air LLC hold?

Cs Air 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.

What is Lake in the Hills village currently buying?

Explore Lake in the Hills village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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