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Council approves $75,289 transfer of franchise fees to airport hangar project
Summary
The council authorized a line‑item transfer of $75,289 in franchise fees from the streets budget to the airport capital project budget to fund an infill hangar development project (including undergrounding power lines); the transfer passed by roll call vote.
City clerk Bessie Jo Wagner presented a request to transfer $75,289 in franchise fees from the streets department to the airport budget to support an airport infill hangar development project. Wagner explained the franchise fees were placed in the streets budget in the current year instead of the capital improvement project (CIP) budget and a line‑item transfer is needed so the airport can use the funds for the hangar project.
Councilors asked clarifying questions about the specific uses; Wagner confirmed the transfer will fund items such as undergrounding power lines across the highway and other franchise‑fee‑eligible infrastructure work for the hangar project.
A councilor moved and another seconded the line‑item transfer; a roll call vote recorded affirmative votes and the motion carried. Wagner said the transfer avoids a formal budget amendment by using contingent revenue and allows the airport to proceed with the infield hangar development.
