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JSDC gives acceptance to lease with UTC

by Keith Norman

Posted on 11/24/2015

The Jamestown/Stutsman Development Corp. Executive Committee gave its final acceptance to a lease agreement with UTC Aerospace Systems during its meeting Monday.

The lease covers an office building owned by the JSDC on the grounds of Jamestown Regional Airport and was given tentative approval by the JSDC Board of Directors in September.

UTC will pay $3,800 per month in a payment that includes the lease of the building from the JSDC and the land from the Jamestown Regional Airport Authority.

UTC has an option to purchase the building from the JSDC at $350,000.

knorman@jamestownsun.com

(701) 952-8452