Fullerton, the City built the ATCT in 1959 (the
first civil ATCT in Orange
County). Ever since then
the City has leased the tower to the FAA. The current annual lease payment is
$26,550. The lease was renewed in 2010 and has a term of 15 years with an
option for another 15 years. There is a CPI escalator clause which is
effective every fifth (5th) year. The FAA leasehold is for 1,378 square feet.
Currently, the ATCT is staffed by contract controllers. I hope this is of some