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Commission asks finance subcommittee to produce ROI and demand analysis before Building 63 build-out RFP
Summary
Commission members agreed to have the finance subcommittee assemble a financial return-on-investment analysis and for staff to provide demand data before deciding whether to issue an RFP to build out four units in Building 63.
Commissioners asked the finance subcommittee to compile a financial analysis and return-on-investment (ROI) case to guide a decision on whether to proceed with a build-out of Building 63 at Grosse Ile Airport.
Manager Janelle said designer Daniel Bogg prepared construction drawings for roughly 1,900 square feet to build four additional units in Building 63. Janelle reported a rough construction estimate of about $350,000 under the latest drawings. Commissioners did not vote to…
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