Res 2001-006 - Laserfiche WebLink

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the tower construction. To be fully funded, the airport needs to meet the benefit/cost ratio specified by the FAA (1.0). Any ratio lower than 1.0 could be funded as a percentage thereof For example, a ratio of 0.60 could attract 60 percent funding assistance from the FAA. The final projects to be completed in the short term is the addition of an Airport Rescue Firefighting Facility (ARFF) including the acquisition of an ARFF vehicle and perimeter fencing. These facilities are also requirements for Part 139 certification. Short term projects graphically depicted on Exhibit 6B have been estimated at $7.3 million total cost. Of that total, approximately $650,000 will be required to be provided by the City. INTERMEDIATE TERM IMPROVEMENTS Intermediate term improvements consider meeting a higher threshold of aviation activity demand. In this time frame development will begin in the northwestern portion ofthe airport property between the ends of Runway 12-30 and 8-26. It is envisioned that maintenance costs of Runway 4-22 and additional hangar space requirements will drive the need to close the runway. After Runway 4-22 is closed an improved portion will be used as a taxiway providing access to this new area of general aviation development. As planned, this area would include three FBO/Specialty shops, eighty T-Hangars, and 48 executive hangars. It is planned that the city will lease the unimproved lots to private developers. This would significantly lower the cost to the City while still providing substantial annual Income. In addition, several areas have been identified in the existing terminal area on the southeast side of the airport for additional executive and conventional hangar development. As planned, there' would be a total of four conventional hangars and sixteen executive hangars in this area. Once again, it is planned that private developers would be responsible for the construction of the hangars. In order to protect safe approaches in the future, property acquisition of areas in the Runway 12 and future Runway 35 RPZs has been planned. The area off the end of Runway 12 on the north side of the airport, encompassing approximately 270 acres. The full 270 acres is not required for the RPZ, however, this tract ofland would ensure safe and efficient flight to the airport's only instrument landing system (ILS) approach. The second area planned for acquisition is on the south side of the airport, south of Runway 35. This parcel ofland is approximately 75 acres. Acquiring this property would allow for the ultimate plans of extending and making Runway 17-35 the primary runway. Finally, a new airport entrance road will be constructed during this planning horizon. 6-4