MANSFIELD — City council approved two separate leases with a business and nonprofit organization at its recent meeting.
One lease is with R.H. Phillips Trucking Co., Inc., for real estate known as Hangar 518 at the Mansfield Lahm Regional Airport.
The initial term for this lease will be for 10 years beginning July 1, 2018. The Shelby business will pay $1,000 a year in rent for the initial 10-year term.
R.H. Phillips Trucking Co., which has leased space at the airport for several years, plans to use the space for storage and maintenance of aircraft and for aeronautical purposes.
“The tenant is only leasing the land,” said assistant law director Chris Brown said. “They own the building on top of it.”
The lease allows for four additional renewal terms of five years each, meaning the lease is eligible for a total of 30 years. With each five-year renewal, the rent increases by $100.
Council also approved entering into a lease with Growth and Empowerment Project Inc. Services for classroom space at Ocie Hill Neighborhood Center for a term of one year, retroactively commencing Jan. 1, 2018.
Parks and recreation department manager Mark Abrams said the nonprofit works with at-risk teenagers and helps them develop better relationships with loved ones. He said the start-up organization plans to work with local youth.
“They wanted to get the space to do things first and then they’re going to move forward with it,” he said.
The one-year lease calls for quarterly rent payments of $175 each ($700 over the course of the year). Since it’s April, Abrams said first quarter’s rent will be knocked off.
