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Quincy council approves new lease with Cape Air
Posted: 02.06.2012 at 10:46 PM
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It looks like the agreement between Cape Air and the city of Quincy is still going strong.
QUINCY, IL. --
Monday night the council approved a resolution for a new airport facility lease with the carrier.

WTAD reports that the contract between Quincy Regional Airport and Cape Air for office space in the terminal  is for $10,188 per year with an automatic increase of 3% per year.

That is in addition to a second lease or $35,000  for the new maintenance hub that will open later this month at the airport.

Cape Air is an Essential Air Service provider and received 1.9 million dollars per year from the government for that role.
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