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County council appropriates $4.5 million as airport authority prepares Sheridan Airport purchase
Summary
Hamilton County council has appropriated $4.5 million to support the county’s planned purchase of Sheridan Airport, which the county intends to transfer to the airport authority. The authority’s legal team said environmental review is complete and that tenant and title issues remain under review before closing.
County legal counsel and authority attorneys told the board that county council approved an appropriation of $4.5 million to fund the county’s purchase of Sheridan Airport, and that the county intends to transfer the property to the airport authority after closing.
The county attorney reported that environmental work is complete and that title work is underway. “We do not know the status of what types of agreements the existing tenants might have, whether…
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