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08/06/90 Public Works/Air Quality/Airport CommitteePUBLIC WORKS/AIR QUALITY/AIRPORT COMMITTE.3- A committee meeting was held August 6, 1990 at 2:00 p.m. in the conference room at City Hall. Chairwoman Moses presided and Councilmen Buck and Gunnerson, Mayor Hopkins, PWC Hanson, C/T Robertson, PD Baker, Doug Rauthe, and Larry Gallagher were in attendance. AIRPORT Mayor Hopkins explained one of the things that we would like to discuss is perhaps authorizing an appraisal of the property. Clerk Treasurer Robertson explained Pat McGregor from Re/Max Realty has discussed that he has a person interested in the city airport. The man is from California and he is a developer and he would like to look into a redevelopment project for the airport, with the intention it remain an airport. His background is that he has done this in several other cities. The realtor has contacted the Secretary of State from the the state of California and he has the funds or ability to do what he is talking about doing, which is an investment of anywhere from 30-50 million dollars. He builds corporate jets, he may be bringing a manufacturing business to the area, which would create jobs. He is interested in finding out if we have a master plan for the airport, he is willing to conform to whatever master plan the city does have. According to PD Baker, there is a mini -master plan that was developed in the mid -eighties. Robertson said she has given the realtor some maps of the airport. The interest would be in purchasing the property south of the airport so he could extend the airport about 500 feet. He does not want his name released at this point, he wanted to know the feasibility. It came about because of the articles in the paper about the airport debt and the problems the city is having maintaining the airport and he would not want to invest here unless he is positive the airport would remain an airport. He would probably be interested in a lease or purchase. Larry Gallagher suggested notifying Mike Furguson, Montana Aeronautics, for more information and to see what revenue enhancement possibilities might be for the city use. Gallagher stated rather than ordering an appraisal now, it would be better to start gathering all the impacts that affect value. All of the income and all of the expense information at one central location so that you can evaluate and then project with the fixed base operators and others that have an interest in it. I would not order an appraisal until it is known how he intends to and wants to use it. He said there are alot of issues that the city could start gathering information on, the more the city does, the less costly it will be for the consultant. Buck moved to to notify the developer that the city would entertain consideration fo the proposal for lease and or sale of the airport property and take to the council. Gunnerson seconded the motion. There was more discussion. Gallagher said to first get an accurate survey and description of the property. Upon vote, the motion carried. The meeting was adjourned at 2:50 p.m.