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Guthrie council approves purchase of 19.85 acres for regional airport; FAA, ODAA to reimburse most cost
Summary
On Oct. 21, 2025 the Guthrie City Council approved Resolution 2025-15 to buy about 19.85 acres adjacent to the Guthrie Edmond Regional Airport for $951,000, with roughly $903,000 expected to be reimbursed through the FAA and the ODAA.
Guthrie City Council on Oct. 21 unanimously approved Resolution 2025-15 authorizing the purchase of about 19.85 acres adjacent to the Guthrie Edmond Regional Airport from the Cogburn Living Trust for $951,000 and approving a temporary transfer of funds from the city’s general fund to the airport/GEDA fund.
The measure implements a parcel purchase that council and staff described as part of the airport’s five-year capital improvement plan and anticipated future expansion. City Manager Eddie Faulkner told the council the total purchase price is $951,000 and that $903,000 of that amount is reimbursable through the Federal Aviation Administration and the ODAA.
“This resolution will authorize the purchase of the property as well as the transfer of funds from the city's general fund to GEDA,” Faulkner said during the meeting. He also noted that the airport board recommended unanimous approval of the purchase.
Council members asked no substantive follow-up questions during the council vote. A Guthrie Economic Development Authority (GEDA) special meeting was held the same night to take parallel action authorizing the purchase; GEDA also voted to approve the transaction.
The purchase covers approximately 19.85 acres; council and staff cited a per-acre value in the meeting of about $46,000. Faulkner characterized the acquisition as consistent with prior joint briefings with the City of Edmond and presentations from the state aviation office on regional airport planning.
The council’s motion and vote did not specify a closing date or additional conditions in the meeting record. Council members and staff said the majority of the purchase price will be reimbursed by federal and state aviation programs, but specifics of the reimbursement schedule and closing timeline were not specified at the meeting.
