Airport
Project
Minimum Spend Commitment
Timeframe Commitments
DVT
DVT Phase II
$14.6 million of capital improvements.
Complete construction within 36 months of receiving all permitting documents.
ORL
ORL Phase I
$30.0 million of capital improvements.
Complete minimum spend commitment within 36 months of the effective date of the lease.
ORL Phase II
$5.0 million of capital improvements.
Commence construction within 5 years of effective date of the lease and complete construction within 24 months of construction commencement.
POU
POU Phase I
$25.0 million of capital improvements.
Commence construction within 6 months of the issuance of permits and complete construction within 15 months of construction commencement.
PWK
PWK Phase I
None.
Commence construction within 6 months of the issuance of permits and complete construction within 18 months of construction commencement.
SJC
All Phases
$8.1 million of capital improvements.
Complete minimum spend commitment within 15 years of lease commencement.
SLC
SLC Phase I
$40.0 million of capital improvements.
TTN
TTN Phase I
Complete construction within 36 months of receiving all permitting documents or no later than 48 months after the effective date of the lease.
Tabular disclosure of information about lease capital commitment.
No definition available.