Concord Considers Extending Airport Lease with DK Aviation
Town of ConcordCity · NE- Disclosed value
- $275,000 reversion deferral fee for 16-year lease extension
- From minutes
- Document date
- Feb 11, 2025
- Renews
- Free account
The 30-second brief
Concord City Council reviewed a proposed 16-year lease extension with DK Aviation Properties LLC at the municipal airport, extending the lease to October 29, 2064. The extension carries a $275,000 reversion deferral fee payable in four annual installments and maintains terms consistent with a 2018 Council action.
Dk Aviation Properties LLC holds this facilities contract with Town of Concord. Its other public contracts on record include work for City of Concord city.
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Contract details
- Contract type
- Facilities
- Amount
- $275,000 reversion deferral fee for 16-year lease extension
- Document date
- February 11, 2025
- Term
- Extension of 6 years plus new 10-year option, extending lease term from 10/29/2048 to 10/29/2064
- Renews
- Free account
- Agency
- Town of Concord
- Source document
- town-of-concord-work-session-minutes-economic-development-benefit-plan-feb-11-2025_cba.md (Minutes)
Dk Aviation Properties LLC's other public contracts
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Questions about this contract
Who was awarded the facilities contract by Town of Concord?
Dk Aviation Properties LLC was awarded this facilities contract by Town of Concord, as recorded on February 11, 2025. The contract value is $275,000 reversion deferral fee for 16-year lease extension.
How much is the Dk Aviation Properties LLC contract with Town of Concord worth?
The Dk Aviation Properties LLC contract with Town of Concord is valued at $275,000 reversion deferral fee for 16-year lease extension, 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 town-of-concord-work-session-minutes-economic-development-benefit-plan-feb-11-2025_cba.md (Minutes), dated February 11, 2025 from Town of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Dk Aviation Properties LLC hold?
Dk Aviation Properties 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 Town of Concord currently buying?
Explore Town of Concord's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.