Eloy council approves lease agreement with parachute manufacturer
by Maria Vasquez | The Eloy Enterprise
The City Council on Monday approved a business hangar lease agreement at Eloy Municipal Airport with Sun Path Products Inc. of Raeford, North Carolina, to conduct parachute manufacturing and rigging training.
The city previous had an agreement with Sandy Reid of Rigging Innovations Inc., but he sold his business to Sun Path Products.
Reid’s lease agreement ran until November 2023 but that existing lease is not assumable by Sun Path Products, which is why a new agreement is required.
