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Citrus County aviation board hears project updates; fair-market appraisal and funding decisions pending
Summary
Staff reported progress on a fair-market-value appraisal, several capital projects and funding needs for Crystal River fuel tank replacement; the board will seek budget approvals and work authorizations in coming weeks.
Citrus County airport staff updated the Aviation Advisory Board on several capital projects and on steps to establish fair-market values for airport assets that will guide leasing and development.
Airport appraisal: Todd Regan, Aviation Project Manager, said the county is gathering quotes for a fair market value (FMV) appraisal of airport assets and future property. "I'm hoping next meeting, we'll have, a forward progression on on starting the appraisal. That should take about 6 weeks to 2 months," Regan said. He said the appraisal scope will include land and built assets and would be used for negotiating leases, hangar pricing and future development.
Crystal River fuel tank replacement: Staff reported that bids for…
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