Civic IQ
FACILITIESPENDING

Airport Ground Lease Planned With Gravity Jets

The City of Laredo plans to execute a ground lease with Gravity Jets, LLC for 5,004.15 square feet at Laredo International Airport at $250 per month. The tenant will construct a concrete fuel containment pad, with rent subject to annual CPI adjustments and one nine‑year extension option.

Document date · April 22, 2025

Issuing agencyLaredo Airport Advisory BoardVendorGravity Jets Llc

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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
$250.00 per month
Contract type
FACILITIES
Contract term
Initial term on 5,004.15 sq ft airport parcel with one 9-year extension option; rent adjusted annually by CPI starting first anniversary
Renewal
Lease includes one option to extend the term for an additional nine years; annual rent adjusted by CPI on each anniversary.
Document type
Minutes
Source document
city_of_laredo_city_council_minutes_april_2025.pdf

Related contracts

Other contracts from Gravity Jets Llc.

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City of Laredo Regular Meeting Agenda 2025-05-05
APPROVED
City of Laredo, Texas$250.00 per month (CPI-adjusted annually)May 5, 2025
city_of_laredo_city_council_meeting_minutes_may_5.pdf
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Laredo Airport Advisory Board, Texas$250.00 per month, CPI-adjusted annuallyMay 5, 2025
City of Laredo Regular Meeting Agenda 2025-05-05
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Laredo Urban Transportation Study, Texas$250.00 per month, CPI-adjusted annuallyMay 5, 2025
City of Laredo Regular Meeting Agenda 2025-04-22
PENDING
Laredo Urban Transportation Study, Texas$250.00/monthApr 22, 2025
City of Laredo AgendaPacket Regular Meeting Agenda 2024-09-16
APPROVED
Laredo Utilities, Texas$11,691.50/monthSep 16, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Laredo Airport Advisory Board?

Gravity Jets Llc was awarded this facilities contract by Laredo Airport Advisory Board, as recorded on April 22, 2025. The contract value is $250.00 per month.

How much is the Gravity Jets Llc contract with Laredo Airport Advisory Board worth?

The Gravity Jets Llc contract with Laredo Airport Advisory Board is valued at $250.00 per month, 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 city_of_laredo_city_council_minutes_april_2025.pdf (Minutes), dated April 22, 2025 from Laredo Airport Advisory Board. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Gravity Jets Llc hold?

Gravity Jets 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 Gravity Jets Llc's profile

What is Laredo Airport Advisory Board currently buying?

Explore Laredo Airport Advisory Board's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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