Council Approves Contract with Landrum & Brown to Negotiate Addison Airport Management Contracts

The current contract for real estate services at the Addison Airport expires on September 30, 2020. The contract for airport operations expires on September 30, 2022. At its January 14 meeting, Council approved a services agreement with Landrum & Brown (L&B), in an amount not to exceed $95,000, to negotiate contracts for airport management services. L&B will assist the Town in developing contract goals and strategies for the negotiation and in developing and drafting the term sheet that will be used during the negotiations. 

This expenditure was not anticipated when the Fiscal Year (FY) 2020 Airport budget was adopted. It is anticipated that the expense can be covered in the FY2020 Airport Operations budget. A budget adjustment will be brought to Council for consideration at a later date.
Council plans to discuss the future plans for airport management services at an upcoming meeting. The presentation included in the agenda packet for this item will be given at that time.

You can watch the Council's contract discussion here.