Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Board approves EDA contract/mortgage and lease framework for Airframe & Powerplant workforce facility
Summary
The board approved a resolution to enter a contract and mortgage with the U.S. Economic Development Administration for PWEDA Award No. ED26DEN0G0017 for Hangars 4 and 7 and separately approved a lease framework with Ranken Technical College for the hangars, both passing 5–0 (1 absent).
After discussion, Alderman Curt Buerck moved and Alderman Clint Rice seconded a motion to enter into a contract and mortgage with the U.S. Economic Development Administration (EDA) related to the Airframe and Powerplant Workforce Facility (Hangars 4 and 7) under PWEDA Award No. ED26DEN0G0017; the motion carried. Resolution No. 2026-39 authorizes the mayor to execute the contract and mortgage and directs the city clerk to attest the mayor’s signature. The board recorded a vote of 5 ayes, 0 nays, 0 abstentions, 1 absent.
The board also approved a motion to enter into a lease agreement with Ranken Technical College for Hangars 4 and 7 (subject to EDA approval); that resolution (No. 2026-40) passed on the same recorded vote. Minutes indicate the board believes the agreements further the city’s interest in workforce and aviation-related economic development.
