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06/12/96 Airport Minutes41 •T _ f Minutes from June 12, 1996 Meeting The meeting began at 4:00 p.m. Present were: Mike Baker, Larry Gallagher, and Al Thelen (staff), Gib Bissell, Walt Nolte, Tom Reynolds, Keith Robinson, and Art Thompson. Also present were: Bill Heuson from Diamond Air, Mike Strand from Strand Aviation, and Dennis Carver from Carver Engineering. Council is interested in knowing the opinion of the airport board as to the sale or lease of land at the airport. As Larry has previously stated, the lease process may insure longevity but may not raise enough immediate funding to be able to supply the improvements for the airport. Gib suggests that the number one goal is to raise the 2.1 million dollars needed; (2) retain as much as you can by leasing if you can; and (3) sell what is needed to finance the bond. Mike said we,can protect the investment through an appropriate airport plan that would cover the operation and capital costs down the road. Larry presented a summary of tax increment, issuing bonds, and annexation issues regarding the airport. Gib states that two concerns of the Airport Advisory Board are: (1) Maintain enough revenue for ten years down the road for the airport; and (2) maintaining control over the neighborhood so it doesn't infringe on the airport. Mike addressed this earlier, stating we can put any restrictions that we want when we sell the land. In other words, don't sell to a developer, as his intent may not be a money maker for the airport. This can be controlled with zoning regulations. Mike stated that what he is hearing is that it is basically the consensus of the advisory board that the sale of the property at Daley Field is essential to move the project along. (Verbal "yeah" from group as a whole.) Gib adds: By virtue of the fact that it is essential to raise two million dollars and that's the collateral for the two million dollars. Mike: Because it's essential for you to see the improvements completed. Gib: It is a legitimate concern that we have enough lease money to carry on, and we're hoping that Airport Road and the soccer fields are going to fill that need. We're still waiting on the finished assessment from Peccia. Budgets and the best and worst case scenarios are discussed. The board needs to identify the role of a part-time airport manager with aviation experience, who can coordinate the maintenance that is going on, be sure the billing is being delivered, develop contracts for mowing, lighting, etc., have communication with F.B.O.'s, etc. The salary range would be $8,000 to $10,000. Airport Advisory Board Meeting June 12, 1996 Page 2 Al informed the board that July 1 may not be the exact date that the authority can be established. The City Council needs to control the land in the tax increment area for a time period, but we may be able to establish the authority board with the restrictions on the land. We would continue with the advisory board as it is until the authority is put in place. Discussion was held regarding the public hearing scheduled for Monday night. The board will go over all the draft plans at the next airport meeting. The next meeting will be Friday, June 21, 1996 at 2:00 p.m. Kathy Kuhlin Recording Secretary (Minutes compiled from tape of meeting.) 0