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Cut Bank airport authority outlines FAA grant opportunities, local match needs
Summary
Rick Geiger of the airport authority told the council FAA and state grants could fund beacon repairs, a terminal remodel or runway projects if the city provides local matching funds (the authority identified $50,000 for a terminal match); the authority also described fragile operating margins and low fuel-sales revenue.
Rick Geiger, representing the airport authority, briefed the Cut Bank City Council on airport finances and capital priorities tied to FAA and state aeronautics grants.
Geiger said the FAA typically allots roughly $150,000 annually to airports of Cut Bank’s size and described a current grant opportunity with a local match requirement reduced to 5% for this cycle. The authority has identified about $50,000 in potential local match commitments from local entities to pursue a terminal remodel and engineering work; if the project qualifies as public space the FAA grant-match arrangement would apply, but if…
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