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Council reviews airport hangar plan, square resurfacing estimates and potential street borrowing
Summary
Council reviewed budgeted capital projects including a private airport hangar/grant question, resurfacing work around the downtown square with cost estimates discussed, and a projected need to borrow roughly $2.5–3 million to finish major street projects after several loans mature.
Council members and staff reviewed several capital projects and budget priorities, including an airport hangar/grant matter, downtown square resurfacing estimates, and potential borrowing to finish a multi‑year street program.
Staff explained that a private party interested in a hangar initially considered the city building the hangar but decided to lease land and construct its own facility; an $8,000 grant figure was cited in the discussion as part of the related conversation. For the downtown square and the adjacent block, staff discussed a square‑only resurfacing estimate that was transcribed around $537,000; council members noted additional work (widening parking, ADA sidewalks and street realignment) would increase costs and that the full project for remaining streets could require borrowing approximately $2.5–3 million once several existing water and streets loans mature in the next fiscal years (three loans noted as falling off after the coming fiscal year).
Council also discussed phasing and prioritization tied to grant eligibility timelines (airport grant) and cautioned against losing available funding if projects are delayed. Members asked staff to pencil priorities into the budget and bring back firm numbers for formal budget adoption. Several council members emphasized the importance of completing the final major street project after water loans are retired and recommended waiting until loan payoffs to consider new borrowing.
The discussion informed budgeting work; staff said the overall budget will be entered in draft form so the council can reallocate if additional funds are available before final adoption.
