Long-Term Airport Lease Proposed with MAG Aerospace

Greenstone plans to enter into a long-term lease with MAG Aerospace for two lots at the regional airport to support construction of a new hangar for wildfire aircraft operations. The proposed lease would run through December 31, 2035, requiring an exception to the Municipal Lease Policy and CAO authority to finalize the agreement.

Document date · August 10, 2026

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Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

From execution to December 31, 2035 (proposed)

Renewal date

2035-12-31

Renewal

Initial lease term proposed to extend to December 31, 2035; any renewal options beyond that date are not detailed in the agenda text and would be governed by the finalized lease.

Document type

Agenda

Source document

Municipality of Greenstone Regular Council Meeting Agenda 2026-08-10

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Municipality of Greenstone AgendaPacket Regular Council Meeting 2026-09-14

APPROVED

Municipality of Greenstone, CanadaSep 14, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Municipality of Greenstone?

Mag Aerospace was awarded this facilities contract by Municipality of Greenstone, as recorded on August 10, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Municipality of Greenstone Regular Council Meeting Agenda 2026-08-10 (Agenda), dated August 10, 2026 from Municipality of Greenstone. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mag Aerospace hold?

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

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