3. Rent. In considerationof the rights andprivilegesgrantedby this Agreement,

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

This item concerns a lease agreement for airport property in Fernandina Beach. The Lessee will pay $1 per year for the first year, with annual increases of $1 each year thereafter. The leased area totals approximately 121,096.8 square feet. This agreement is currently under review by the City Commission. If approved, the project would involve leasehold improvements to the property, which are funded by private donations, not city funds. The scope of work could include site preparation, construction of facilities, and related trades. Local contractors, suppliers, and service providers are encouraged to reach out early to learn more about potential opportunities as plans develop.

leased area

121096.8 square feet

annual rent

1 dollar