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Connersville airport board approves AIP partial payment for transient hangar; holds large contractor retainage
Summary
The Board of Aviation Commissioners approved a $103,263.16 AIP partial pay request for a transient hangar (FAA $98,100, local $5,163.16); the board reported completed solar-farm repairs, a $339,939.80 holdback for remaining closeout items, and will begin FAA closeout processing.
The Board of Aviation Commissioners of the City of Connersville on March 30 approved a partial payment under AIP 36 totaling $103,263.16 for construction of a transient hangar.
Paul Shaffer, a consultant with Butler, Fairman and Seifert, presented the pay request and the accompanying project update. He said the funding breakdown on the pay request shows $98,100 covered by the Federal Aviation Administration and $5,163.16 charged to local funds; INDOT’s share was listed as “no PO yet.” Shaffer also reported that the project’s solar-farm repairs are complete and that the electrical subcontractor tested the repaired cable and connections successfully.
Board members voted unanimously to approve the partial payment after the presentation. Board member Andy Yaryan moved to approve the AIP 36 partial pay request and Vice President Tim Patterson seconded; all members voted yes.
Shaffer told the board they are holding $339,939.80 in retainage pending completion of remaining items needed to reach substantial completion and that the FAA closeout-document process will begin. On the INDOT inquiry, Shaffer said, “it is for crack sealing, and it would be 75%/25%.”
The actions advance the hangar project toward final closeout while preserving funds to ensure outstanding work is completed. The board also authorized advertising to recruit tenants for the new hangar and heard that preliminary interest has emerged; Airport Assistant Manager Nathan Foreman said a lead indicated he owns nine aircraft.
The board did not set an immediate release date for the holdback; members said they will revisit outstanding items at a future meeting as the FAA closeout package progresses. The board’s next regular meeting is April 27, 2026.
