Concord Extends Airport Lease With DK Aviation Properties
Town of ConcordCity · NE- Disclosed value
- Reversion deferral fee $275,000, payable in four installments of $68,750 (2025–2028)
- From minutes
- Document date
- Feb 13, 2025
- Renews
- Free account
The 30-second brief
The Concord City Council authorized the City Manager to negotiate and execute a 16-year lease extension with DK Aviation Properties LLC at the general aviation airport, extending the lease to October 29, 2064. The extension includes a $275,000 reversion deferral fee payable in four annual installments.
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.
The renewal date is on record. A free account shows it, with the renewals for every Town of Concord contract.
Know when this contract comes back up.
See the renewal dateFree account · 30-second setup · No credit card
Contract details
- Contract type
- Facilities
- Amount
- Reversion deferral fee $275,000, payable in four installments of $68,750 (2025–2028)
- Document date
- February 13, 2025
- Term
- Lease extended 16 years from 10/29/48 to 10/29/64, including a new 10-year option within that extension
- Renews
- Free account
- Agency
- Town of Concord
- Source document
- town-of-concord-council-minutes-economic-dev-grants-water-sewer-feb-13-2025_722.md (Minutes)
Dk Aviation Properties LLC's other public contracts
More Town of Concord contracts
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 13, 2025. The contract value is Reversion deferral fee $275,000, payable in four installments of $68,750 (2025–2028).
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 Reversion deferral fee $275,000, payable in four installments of $68,750 (2025–2028), 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-council-minutes-economic-dev-grants-water-sewer-feb-13-2025_722.md (Minutes), dated February 13, 2025 from Town of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
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.