3. Rent. In consideration of the rights and privileges granted by this

City Commission Regular Meeting · 2026-06-02 · agenda_item

This item concerns a proposed lease agreement for approximately 121,096.8 square feet of ground on Airport property. The agreement is under review by the City Commission of Fernandina Beach. The lessee will pay $1 per year for the first year, with annual increases of $1 thereafter. If the lessee stops providing municipal and public animal rescue services, the rent will revert to the full market rate. This agreement could lead to significant leasehold improvements funded by private donations, benefiting the city and public. Local contractors, suppliers, and service providers should consider reaching out early to understand the scope of potential leasehold improvements, which may involve site preparation, construction, and related trades, as plans and permits are developed.

square footage of the Premises

121,096.8 square feet

annual rent for the first year

1 dollar

annual rent increase

1 dollar per year