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Council approves up to $875,000 for hangar at Angelina County Airport
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Summary
Council approved a budget amendment to appropriate funding for the Lufkin Economic Development Corporation to support construction of a hangar at Angelina County Airport, with a city commitment capped at $875,000 and a private partner match cited in staff comments.
The Lufkin City Council approved a budget amendment to appropriate funding for the Lufkin Economic Development Corporation to construct an additional hangar at the Angelina County Airport, city staff said.
Kevin, the staff presenter, said the project had been previously approved by council and the Lufkin Economic Development Corporation in an agreement with KC Aviation. Under the agreement the city is committed to providing no more than $875,000 in funding. Kevin said KC Aviation will provide $125,000 in matching funds and "an additional investment of $500,000 over the next five years." The budget amendment before council appropriated the city's share for the approved project.
A council member moved to approve the ordinance appropriating the funds; the motion was seconded and approved by voice vote. The meeting record does not include a roll-call vote or a recorded tally in the transcript.

