Iowa Republican Senator Charles Grassley, who believes Google was getting a sweetheart deal from NASA by paying only $3.7 million a year. Schmidt said that building a company airport will provide Google with long term hangar stability and the ability to grow its flight department in Silicon Valley.
The deal would be a 50-year lease that spanned 29 acres and each private plane "would be a property tax generator." The “Googleport" will have an executive terminal, multiple hangars, ramp space, aircraft, parking lot, retail shops and even office space. In all, the new facility would generate over $3 million in rent, fuel fees and taxes.