Hangar Lease Acquisition & Facility Use

Floyd County Board of Commissioners is seeking a long-term lease agreement for a newly constructed corporate hangar at Richard B. Russell Airport, fully funded through SPLOST proceeds, for operational use by a qualified lessee. The facility is intended for corporate aviation purposes and will be made available under a subcontract arrangement under NAICS code 531120, which covers lessors of nonresidential buildings. The solicitation was posted on July 15, 2026, with proposals due by August 20, 2026, and the lease will establish a stable, long-term use of the facility by the selected party while ensuring public funds are appropriately utilized for infrastructure that supports regional economic development through private aviation operations. The hangar will be located within Floyd County, Georgia, and the lease terms will require compliance with all applicable regulations governing the use of SPLOST-funded assets, including ongoing maintenance and operational responsibilities by the lessee.