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HomeMy WebLinkAbout2001-08-27 01-338 ORDERCORIWR, ACTIOR Rem No. 01-]3e Date: Augers a7, 3001 Item/Subject: Resolve, That $500,000 be appropriated from Airport reserves fpurchasing hawar atth A' rt Respomamle Departnumb Airport Commentary: The Telford Group needs addl0onal hangar space at the 600 am to support Its growing operators. They are willing to construct a hangar as an addition to the building and sell it to the Airport at their cost, not to exceed $500,000. Any costs 0 ver $500,000 will be the responsibility of The Telford Group. The hangar will be leased back to them. The final costs Y411 be audited by the Airport finance manager. There is continuing demand for hangar space at the AlrpDk. In the event that The Telford Group would w longer need the hangar, it could be used to help satisfy this growing demand. Rebecca Hnno Interim Department Head Manager's Comments: city M Associated Inf rreuation: 122.a+�r1{ Budget Approval: i Legal Approval: City Solicitor Introduced for peerage R Fiat Reading _ Referral Page — of 01-338 Asaigond [o_Cmmciloc Tcmble August 27. 2001 CITY OF BANGOR (TITLE.) Resolve, That $500,000 be approodated from Ai rt reserves for thef purchasingh tthe Airport. By the CW QtffWofthe Oty ofUngar.. RESOLVED *?"M There is a need to expand hangar spate at the Airport; and Mf a The Telford Aviaiton Group is willing to build a hangar at the 600 area of the Airport and Sell It to the Airport; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BANGOR that $500,000 be appropriated from unappropriated Airport Department reserves for the purpose of purchasing a hangar at the Airport. AND BE IT FURTHER RESOLVED that the Finance Director is hereby authorized to place this amount In the appropriate account FIs can comcfL Aagmc 27. 2001 Hrst Headia8 CI IN CITY COUNCIL September 26. 2001 Notioa Made and smoaded far Passage Passed g 01-338 ORDER Titl0.3'bat {500.000 he Appropriated from Airport 8eaerve for the Purpose of Purchasing a smear at the "ort Assigned to Councilor