Memorandum #08-72Hangar Space Lease Agreement • March 24th, 2021 • South Dakota
Contract Type FiledMarch 24th, 2021 JurisdictionAttached to this Memorandum is the proposed Hanger Lease Agreement with Kolberg-Pioneer Inc. (KPI) for a portion of the new Jet Hanger Maintenance Facility (approximately 35%) recently completed at the Chan Gurney Airport. This contract was reviewed by Jim Goetz, City Attorney. The agreement reflects a monthly payment of $950.00. While this is slightly below what was discussed previously, it is slightly higher than the industry averages of $700.00-