Supervisors adjust airpark leases for Altman Specialty Plants

Altman Specialty Plants LLC leases 116.45 acres of non-aviation land at Fallbrook Community Airpark, and the San Diego County board of supervisors approved a lease rental amount adjustment for the parcel Wednesday, Sept. 11.

The supervisors’ 5-0 vote approved rent adjustments for two separate leases which run through 2029. The 20-year lease approved with Color Spot Nurseries Inc. in 2009 called for a renegotiation in the rental rates every five years based on current market rates, and the rent was increased by approximately 5%.

Two separate 20-year leases with Color Spot were approved by the b...