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HomeMy WebLinkAboutMINUTES - 01241995 - 1.14 TO: BOARD OF SUPERVISORS FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR DATE: JANUARY 24, 1995 SUBJECT: AUTHORIZATION TO REVISE THE APPLICATION FOR A CALTRANS LOAN FOR THE CONSTRUCTION OF T-HANGARS AT THE BYRON AIRPORT SPECIFIC REQUFS'r(S)OR RECOMMENDAMN(S)&BACKGROUND AND NS MCA-nON I. Recommended Action: APPROVE and AUTHORIZE the Public Works Director, on behalf of the County, to revise County's application for a Caltrans loan to fund the construction of T-Hangars at the Contra Costa County - Byron Airport. II. Financial Impact: The estimated cost of the project is $600,000.00 of which 100% will be funded through a loan from Caltrans' hangar loan program, or through other loaned funds. Loans will be repaid with hangar rents. Hangar rents greater than the loan payments will be deposited in the Airport Enterprise Fund. III. Reasons for Recommendations and Background: On September 20, 1994, the Board of Supervisors authorized the Public Works Director to apply, on behalf of the County, to Caltrans' Division of Aeronautics for a loan of $280,000 to build fourteen (14) T-Hangars at the Byron Airport. The hangar project has been increased to include the construction of twenty-eight (28) T-Hangars at a cost of up to $600,000.00, to meet increased demand at Byron. IV. Consequences of Negative Action: T-Hangar development may not occur at the Byron Airport resulting in reduced income to the Airport Enterprise Fund. The lack of T-Hangar development will not satisfy current demand for hangared space and will not attract additional tenants to the Byron Airport. Continued on Attachment: No SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR `RECOMMENDATION OF BOARD CONIlVIlTTEE APPROVE _ OTHER SIGNATURE(S): ACTION OF BOARD ON JAN 2 4 1995 APPROVED AS RECOMMENDED ✓ OTHER VOTE OF SUPERVISORS UNANIMOUS (ABSENT ) AYES: NOES: ABSENT- ABSTAIN: I hereby certify that this Is a true and correct copy of an action taken and entered on the minutes of the Board of Sup i rs°ten the date shown. HEW:DRA ATTESTED:—D�� �• d low c:HangConl.brd:byrhang PHIL BATCHELOR,Cler�he Board of Supervisors and County Administrator Orig Div:Airports(Dick Awenius 646-5722) cc: County Administrator Public Works Director By %nG!/tYw Deputy Public Works Accounting Auditor/Controller Aviation Advisory Committee Federal Aviation Administration Caltrans,Division of Aeronautics