Airport Tenant Lease Approvals
At a glance
- What: Three leases at the Patrick Leahy Burlington International Airport authorized on June 29, 2026.
- Status: Approved with the consent agenda (unanimous, Litwin/Schachter).
- Next: The Mayor executes the leases after City Attorney review.
Detail
- The Jones Payne Group, Inc.: City building at 481 White Street, two-year term with a one-year extension at the City's option, $9,060 a year with a 2.5% annual increase.
- Pratt & Whitney Engine Services, Inc.: aeronautical facility lease, 10-year initial term with two 5-year renewals at the City's option, $281,436.40 a year.
- Hangar Condominium Association Inc.: lease amendment extending the lease through August 31, 2028, with an optional ten-year renewal at the City's discretion, $24,865 a year rising with the Consumer Price Index.
Jones Payne also holds the oversight contract in Airport Residential Sound Insulation Oversight Contract. For other airport financing see Airport Snow Removal Building Financing and Grant Anticipation Notes.
Sources
- Minutes, City Council, June 29, 2026 (items 6.11 to 6.13): https://burlingtonvt.api.civicclerk.com/v1/Meetings/GetMeetingFileStream(fileId=20562)
Log
2026-06-29 - City Council
Consent items 6.11, 6.12 and 6.13, adopted with the consent agenda.
2026-11-04 - Airport Commission
- Staff said the airline use-and-lease agreement (about two years in negotiation) should reach the Commission in Q1 next year, rental car contracts are moving to direct negotiation with three incumbents, and a Vantage Technologies lease amendment may come in December.