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County approves revised Murray Investment Company lease at airpark

The San Diego County Board of Supervisors has approved a revised lease agreement for the land Murray Investment Company utilizes at Fallbrook Community Airpark.

The previous lease agreement had called for the rent to be renegotiated to market rate effective Nov. 1. The supervisors’ 5-0 vote Sept. 13 increases the monthly rent from $420.81 to $430.00 effective Nov. 1.

“This ensures the lease is updated, the park is at full cost recovery and it gives us an opportunity to revise the language for our airport tenants,” Supervisor Bill Horn said.

The board of supervisors approved a 30-year lease wit...

 

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