Citizen Portal
Sign In

Board authorizes new hangar leases, pursues TxDOT grants to repair Possum Kingdom Airport

5504017 · July 29, 2025

Loading...

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board authorized new 10-year hangar lease terms with a 10-year extension option at Possum Kingdom Airport, approved a proposed lease rate increase to about $2,400 annually per lease (72¢ per square foot), and discussed pursuing TxDOT Aviation grants covering about 90% of an estimated $1.4 million repair package.

Regional Lake Operations Manager Randall McCartney told the board on July 28 that staff recommends preserving the Possum Kingdom Airport and making repairs to keep it operational for community access and emergency response such as wildfire support.

McCartney described the facility as a 3,500-foot runway built in 1981 with 11 leases occupying 19 hangars and 16 tie-down areas. He said TxDOT Aviation recommended a repair package totaling about $1.4 million; TxDOT grants would cover roughly 90% while the Brazos River Authority—s share would be about $140,000.

To support program sustainability and grant eligibility, staff recommended new hangar lease agreements with a maximum initial term of 10 years plus a 10-year extension option. The board resolution sets a new lease rate averaging $2,400 annually (72¢ per square foot) and rescinds the 2008 lease moratorium only for Possum Kingdom Airport to allow longer-term agreements. The proposed average rate represents an increase of more than 400% over current charges, McCartney said.

Director LaChance, chair of the properties committee, told the board the committee supports moving forward with leases and grant work and expects leases could be in place by early next year; the committee recommended staff proceed with grant applications and necessary repairs.

The board voted to authorize the general manager/CEO to enter new airport hangar lease agreements under terms intended to be in the authority—s best interest, with the stated maximum 10-year term and 10-year extension option and the board-set 72¢ per square foot rate (motion by Director LaChance; second by Director Taylor).