Nature of Contract
Agreement was negotiated with tenants and available to any cellular company with the same terms.
Date Contract Approved
7/01/2009 (Airport Commission)
Amount
Currently: Per lease year, the sum according to the following schedule:
July 1, 2009 – June 30, 2010 $350,000.00
July 1, 2010 – June 30, 2011 $375,000.00
July 1, 2011 – June 30, 2012 $400,000.00
July 1, 2012 – June 30, 2013 $425,000.00
July 1, 2013 – June 30, 2014 $450,000.00
Proposed per Amendment No. 1:
July 1, 2014 – June 30, 2015 $475,000.00
July 1, 2015 – June 30, 2016 $500,000.00
July 1, 2016 – June 30, 2017 $525,000.00
July 1, 2017 – June 30, 2018 $550,000.00
July 1, 2018 – June 30, 2019 $575,000.00