Description
The Floyd County Board of Commissioners is seeking proposals from qualified parties interested in leasing a newly constructed Corporate Hangar at Richard B. Russell Airport. The successful respondent may be chosen to enter a long-term lease for the hangar. The proposal should include identification information, a detailed description of the intended use for the hangar, and a description of the business plan for the hangar. The evaluation criteria include understanding of the airport's goal, investment into the property and the airport, lease rate and term, and the use of ancillary services.
• The hangar is a newly constructed facility with 84’x80’ hangar bay, a 74’x24’ single-panel hydraulic hangar door, and an unfinished 30’x80’ office area.
• The airport has a based aircraft population of approximately 100 aircraft and averages 37,000 operations per year.
• The lease term and rates will be negotiable based on the chosen proposal and the capital investment the proposer will commit.
• The Board of Commissioners reserves the right to reject any or all proposals and waive any or all irregularities or to proceed otherwise when in the best interest of the County.