Mitchell Civicplus #143

Lease of Four Mitchell Municipal Airport Hangar Spaces

The City of Mitchell is offering four airport hangar spaces at Mitchell Municipal Airport for lease. - Government buyer: City of Mitchell, South Dakota; Finance Office. - Opportunity: Lease of four hangar spaces, each approximately 50′ × 54′. One space is available per lease, with selections made through a lottery. - Price and term: Initial rent is $450 per space per month. The initial lease term is five years; renewal requires mutual agreement and is subject to the lease terms. - Lease requirements: Space must be used as a hangar and comply with airport and FAA requirements. Outside storage is restricted, and major repairs or improvements require prior City approval. - OEMs and vendors: No product manufacturers, OEMs, or commercial vendors are named; this is a municipal property lease.

Description

The City of Mitchell is offering an opportunity to rent one of four available 50' × 54' airport hangar spaces. Interested parties must submit the provided form in a sealed envelope to the Finance Office by October 28, 2026, at 1:30 PM to be eligible for a lottery. The initial monthly rental fee is $450, and the initial lease term is five years, renewable under the agreement's terms. Each individual may submit only one form.

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