Memorandum
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The document outlines a request for City Council action regarding a Fourth Amendment to the Lease of Airport Premises Agreement with Southwest Airlines Co. The amendment seeks to extend the lease term for five additional years, from January 1, 2026, to December 31, 2030. The lease involves approximately 11,000 square feet of hangar and office space and 9,000 square feet of ramp space at San José Mineta International Airport, used by Southwest Airlines for provisioning operations. The extension is expected to generate approximately $892,010 in revenue over the five years.
Key points
- Request for City Council action regarding a Fourth Amendment to the Lease of Airport Premises Agreement with Southwest Airlines Co.
- Proposed lease extension from January 1, 2026, to December 31, 2030.
- Involves 11,000 square feet of hangar and office space and 9,000 square feet of ramp space.
- Lease extension expected to generate approximately $892,010 in revenue over five years.
- No commission recommendation or input associated with this action.
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