Airport Hangar Space Lease Lottery

The City of Mitchell is conducting a lottery to lease four 50-by-54-foot hangar spaces at Mitchell Municipal Airport for an initial five-year term at $450 per month.

City of Mitchell


General
Open (open)
Oct 28, 2026 06:30 PM
Oct 06, 2026 03:00 PM
$450.00
5 years
Sale
Local
Ask AI about this solicitation
Contact
+16059958433
612 North Main Street, Mitchell, SD, USA
Submission Instructions
Mail
Finance Office, City of Mitchell, 612 North Main Street, Mitchell, SD 57301
Airport Hangar Lease Lottery Submission Form
Description

The City of Mitchell is offering four approximately 50-by-54-foot hangar spaces at Mitchell Municipal Airport through a lottery. Interested parties must submit the provided Airport Hangar Lottery Submission Form in a sealed envelope by the stated deadline; the lottery will begin immediately after the forms are opened. Each participant may submit only one form, and selected participants may choose from the remaining available spaces. The initial rent is $450 per month, subject to change upon renewal. The initial lease term is five years and may be renewed by mutual agreement. The lease restricts use to hangar purposes, requires compliance with applicable laws, airport operating requirements, and Federal Aviation Administration regulations, and places maintenance, repair, insurance, indemnification, and other operational obligations on the lessee. The lease agreement is signed only by selected participants after the lottery.

Classification Codes
NAICS488119Other Airport Operations
PSCX129Lease/Rental of Other Airfield Structures
Smart Codes
airport hangar rentalairport facility leasingaviation property management
Timeline
Oct 6, 2026-Publication Date
Oct 28, 2026 06:30 PM-Submission Deadline and Bid Opening
Requirements
Required
No
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