County Airport 119.91 Acres Farmland Lease

This contract is for the lease of 119.91 acres of farmland at the Nueces County Airport. The lease is for a three (3) year period, with an option to extend the lease term for two (2) additional one (1) year periods. The vendor awarded this contract is Keith Skorrupa, who bid $5.99 per acre per year. The key aspects of this contract include: • The lease is for farmland use only • The County reserves the right to terminate the lease in its entirety or amend the lease during the term of the lease • The vendor is required to provide sufficient evidence of reasonable and necessary costs incurred if the County terminates the lease • The contract has an option to extend the lease term for two (2) additional one (1) year periods • The vendor is required to submit a cashiers' check in the amount of five percent (5%) of the bid for one (1) year's rental