Loading...
HomeMy WebLinkAboutMINUTES - 03141995 - 1.13 TO: BOARD OF SUPERVISORS FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR DATE: March 14, 1995 SUBJECT: AUTHORIZATION TO REVISE THE APPLICATION FOR A CALTRANS LOAN FOR THE CONSTRUCTION OF T-HANGARS AT THE BYRON AIRPORT; RESCISSION OF PREVIOUS BOARD ORDER SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION 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, and RESCIND that Board Order dated January 24, 1995 regarding the same subject. 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. 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. The January 24, 1995, Board Order rescinded herein stated that excess revenue from the hangar project would be deposited in the Airport Enterprise Fund. Caltrans regulations require that surplus funds from projects built with Caltrans' loaned funds must be used to repay said loan. Continued on Attachment: Yes SIGNATURE• _RECOMMENDATION OF COUNTY ADMINISTRATOR .-RECOMMENDATION"ARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON March 14 1995 APPROVED AS RECOMMENDED _OTHER VOTE OF SUPERVISORS UNANIMOUS(ABSENT ) ' AYES: NOES: ABSENT: ABSTAIN: I hereby certify that this IS a true and coned copy of HEW.DAA an action taken and entered on the minutes of the o:H=gCon1.brd:by,baqS Board of Superv1sm an tlN dat9 ahoM L 9 Orig Div:Airports (Dick Awenius 646- ATTESTED: _� QA-e—k 19L. 19 5722) PHIL BATCHELOR,Clerk of Board cc: County Administrator Public Works Director of SupervMM and Calmly Adminlstrator Public Works Accounting Auditor/Controller By - - Deputy Aviation Advisory Committee, via Airport Federal Aviation Admirristration, via Airport Caltrans, Division of Aeronautics, via Airport SUBJECT: AUTHORIZATION TO REVISE THE APPLICATION FOR A CALTRANS FOR A CALTRANS LOAN FOR THE CONSTRUCTION OF T-HANGARS AT THE BYRON AIRPORT; RESCISSION OF PREVIOUS BOARD ORDER DATE: MARCH 15, 1995 PAGE TWO 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.