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Board hears investor interest in airport land, master plan update and 2025 capital projects; open house planning continues
Summary
Board members heard a preliminary investor pitch for large hangars, a master-plan update showing zones for small and large hangars, and a report on 2025 capital projects including paint, taxi-lane and snow-removal equipment; board formed a small committee to begin discussions with the investor and asked staff and consultants to follow up.
Board members discussed a preliminary proposal from an outside investor to develop airport-owned land west of Runway 35 and north of Runway 28. The airport manager said the investor signed a nondisclosure agreement and wants the board to form a small committee to continue talks. The manager summarized the investorproposal as wanting large hangars, customs facilities (at the investor's expense) and to widen the runway; however, the manager presented the proposal in summary form and the transcript contains an ambiguous phrasing about runway widths, so the board asked for more detailed plans and engineering analysis before approving any changes.
The board agreed to form a committee that would include the airport manager and the two economic development directors; one…
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