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County approves line-of-credit to Border Coast Regional Airport Authority with contract edits
Summary
Del Norte County supervisors approved a line of credit to the Border Coast Regional Airport Authority with edits requested by supervisors and direction authorizing the board chair to sign the amended agreement.
Del Norte County supervisors voted unanimously to approve a line of credit to the Border Coast Regional Airport Authority and directed staff to correct contract language and authorize the chair to sign the agreement on the county's behalf. The board approved the action after supervisors requested specific wording changes to clarify responsibility for outstanding balances and county disbursement obligations.
The change the board asked for would replace an equality-based repayment phrase with language that makes the airport authority responsible for “fully fund[ing] any outstanding loan balance,” according…
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