Three-year renewal of the lease with Enterprise Leasing Company of Florida LLC at the Ocala International Airport for annual rent and fees of approximately $410,374

Summary

This item concerns the three-year renewal of the lease agreement between the City of Ocala and Enterprise Leasing Company of Florida LLC for operations at the Ocala International Airport. The renewal is for an annual rent and fees totaling approximately $410,374. The lease has been amended multiple times since its original approval in 2019, with the latest amendments extending the term and adjusting terms related to leased areas and parking. The most recent amendment, the Third Amendment, extends the lease from February 1, 2026, to January 31, 2029.

Citizen Impact

This renewal ensures the continued operation of a rental car service at the Ocala International Airport, providing a necessary amenity for travelers. Residents may see continued availability of rental vehicles for personal or business use when traveling through the airport.

Confidence

high