HomeMy WebLinkAbout2003-06-09 03-201 RESOLVEItem No. 03-201
Date: June 9, 3003
Item/Subject: Resolve, Appropriating $67,000 from Airport Department reserves for the
purpose of covering additional casts to build T Hangars at Bangor International Airport.
Responsible Department: Airport
Commentary: The Airport included $250,000 within its fiscal year 2001 operating
budget for construction of an eight (8) bay T -hangar for lease to general aviation
customers. The incremental cost to build an additional two bays was relatively minor
and there is sufficient demand to warrant ten bays. Council approved the change of
scope, but the additional funding was not encumbered at that Hme.
Rebecca Hund
Department Head
Maneger's Comments:
A/ .
City Manager
Associated information:
Budget Approvah
Introduced for
_ Passage
x First Reading
x Referral to the Finance Committee
Page —1 -of 1
03-201
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(� Agg1gaM to Cowcllor Palnec Jwe 9. 2003
CITY OF BANGOR
(TITLE.) Resolve, Appropriating $67,000 from Airport Department reserves for the purpose of
covering additional costs to build T Hangars at Bangor international Airport.
WHEREAS, the Airport had budgeted funds in fiscal year 2001 for construction of an eight bay
T -hangar; and
WHEREAS, it has been determined that R is more economical to build a Oen bay hangar, thus
providing additional space and increased revenue opportunitls for the Airport, and
WHEREAS, there is sufficient demand for general aviation aircraft storage space, and a 10-bsy
T -hangar is warranted; and
WHEREAS, the additional construction costs will be offset with rental interne.
NOW, ]HEREFORE BEITRESffiPM BY ME MY MMM OF 71#CFNOFB4NGOR 7H4T
There is hereby appropriated! $67,000 from Airport reserves for the purpose of covering
additional costs to construct T -hangars at Bangor International Airport.
The City Finance Director is hereby authorized to place these amounts within the appropriate
accounts.
IN CITY COOPCIL
June 9. 2003
Pirnt Reeding
Referred to eivance
Committee
C: CLQ.
I6 CITY MINIM
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for Passage
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