Loading...
January 6, 1997 Meeting - Airport Authority/Haven Field Agenda DescriptionAgenda -January 6, 1997 AGENDA ITEM 8 - AIRPORT AUTHORITY/HAVEN FIELD BACKGROUND/CONSIDERATION: I have enclosed a late memo (3:00 p.m. Friday) from the City Attorney. Upon receiving his answers from Mae Nan Ellingson concerning both the sale of Haven Field and the Airport Authority, I recommend we (re)discuss the options that are now available. RECOMMENDATION: I recommend that the Council authorize the third advertising of he offering for Haven Field. I also recommend that we reconsider the Airport Authority transition. If we create the Authority, we will not have the capability to finance the airport improvements by TIF funding. I believe we should (re)analyze the original funding plan. The City would complete all projects, through TIF, and upon completion of these improvements, we would then turn the airport over to a Commission/Authority at that time. ACTION REQUIRED: A MOTION to authorize the readvertisement for Haven Field is needed to proceed according to the Bond Attorney's advice. A decision for the airport administrative structure will need to be addressed.