01/06/97 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.