Developer offers to privately fund hangars and taxiway extension; board directs staff to draft agreement

Kyle Fisher, a local builder, told the Logan-Cache Airport Authority board he and a small team would privately finance and construct a phased taxiway extension and new hangars consistent with the airport layout plan and FAA standards. "We're gonna finance and the construction of the taxiway extensions and also have all of the utilities and everything brought over," Fisher said, describing a plan that would deliver immediate infrastructure without public capital outlay.

The proposal calls for phased construction beginning with four hangars configured as two duplex buildings and options to scale to larger corporate-style hangars later. Fisher said the developer would sell completed hangars at fair market value and coordinate sales with the airport's waiting list. "We do have the waiting list with all the... wanted hanger sizes," Fisher said, adding the developer would offer the new units first to people already on that list.

Why it matters: Board members noted the airport has a multi-year waiting list and regional demand for hangar space; building privately could accelerate supply but raises questions about selection fairness, maintenance costs and completion guarantees. Judd, who manages airport projects, said the proposed location is in the airport layout plan and would be the next prioritized taxi-lane location for larger hangars.

Board questions focused on financing, construction oversight and protections if a private developer failed to complete a phase. Chair (unnamed) framed the item as discussion only and said the next step would be to direct staff to draft a formal agreement: "I would imagine we would ask our airport manager to work with our attorneys and the proposers to draft an agreement that the board could consider at perhaps the next meeting." Board members signaled assent.

The board also discussed how new taxi lanes are funded: Bob, the airport manager, reminded the board that the FAA is no longer a reliable funder for taxi lanes and that the Bipartisan Infrastructure Law has enabled some projects, making private investment one of the ways to move forward. Members asked that any draft agreement include a timeline, completion milestones, bonding or other protections against partial completion, and clear rules to ensure hangars are used for aviation purposes rather than general storage.

What happens next: The board directed the airport manager to work with the developer and the board27s attorneys to produce a draft development agreement for the board27s consideration at a future meeting. That draft will define phasing, selection/offer process to waiting-list tenants, completion guarantees and how leases or sales will be handled if buildings are finished but not sold immediately.