PROJECT DESCRIPTION:
Performance Air Group, LLC, (PAG), an Arizona limited liability company, currently operating from H.A. Clark Memorial Field in Williams, Arizona wishes to relocate and expand their business to Buckeye Municipal Airport. Their leasehold will include the Southwest quadrant of the commercial hangar, formerly occupied by Triple G Dairy, as well as a 4,000 sq-ft ramp parcel. Once at Buckeye, PAG will grow their service from its current maintenance-only foundation to a full-service Fixed Base Operation (FBO). They will offer concierge services, a pilots' lounge and amenities, aircraft storage, maintenance, avionics, and Jet A fueling services. The PAG business plan calls for future expansions into aircraft rental, flight instruction in both fixed-wing and rotorcraft aircraft and rotorcraft sales, and the construction of a larger facility for the storage and maintenance of aircraft. Under our approved Airport Fee Schedule, the lease will bring in revenue of $13,351.00 per year for the term of the lease, which is for five years, plus options to extend.
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