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1/29/2019 - Board of Aviation Commissioners Meeting
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The Greensburg Board of Aviation Commissioners met Monday evening. Bill Ernstes was reelected as President and Jon Dooley was reelected as Vice President. Mr. Dooley presented the financial report with $28,045.92 in the airport improvement account; $40,216.90 in the aviation and rotary fuel account; and $101,243.70 in the airport operations account for a total of $169,506.52. Mr. Dooley then reported that the airport sold 7,800 gallons of low lead aviation fuel and 15,037 gallons of Jet A fuel in 2018.
Mr. Dooley then read Resolution AV 2019-01 that will be presented to the city council for action on February 4th. The Resolution is titled "Resolution of the Board of Aviation Commissioners of the Greensburg Department of Aviation requesting issuance of Revenue Bonds." The resolution states:
"WHEREAS, the Board of Aviation Commissioners (Board) of the Department of Aviation of the City of Greensburg, Indiana (City) has determined that it is in the best interests of the City and its residents for the City to authorize the issuance of revenue bonds to fund a portion of the costs of the construction of airport capital improvements, including the acquisition of real property (Project) and the refunding of an outstanding note issued by the City to finance the acquisition of the airport facilities;
WHEREAS, the estimated total cost of funding the Project, paying capitalized interest, if necessary, refunding the outstanding note, and issuance expenses is now estimated in an amount not to exceed $3,500,000;"
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF AVIATION COMMISSIONERS OF THE GREENSBURG DEPARTMENT OF AVIATION, THAT:
Section 1. The Board hereby determines that it is in the public interest of the citizens of the City and that it is a proper public purpose for the City and requests that the Common Council of the City proceed to take such steps as may be necessary to authorize the Project, the refunding of the note and the issuance of bonds therefore as provided under Title 8, Article 22, Chapter 2, Section 18 of the Indiana Code. There is attached to this resolution and made a part hereof the same as if fully set forth herein, a proposed bond ordinance which the Board hereby recommends to the Common Council for its adoption.
Section 2. This resolution shall be in full force and effect immediately upon its passage.
The resolution was signed by all board member on January 28th, 2019.
Board attorney Donald Tribbett presented the board with an engagement letter with the Ice Miller law firm in Indianapolis. He reported that the Revenue Board Ordinance will require someone to serve as bond council. He stated that bond council is a highly specialized area of law and there are very few qualified in Indiana. The bond council fee will be about $25,000 to $30,000 with payment coming from bond proceeds. He stated that he does not have the appraiser contract prepared for the board yet. Due to the extent of the project, the appraiser wants to see the survey descriptions before entering into a contract. The board approved the engagement letter.
A representative from BF&S submitted Airport Improvement Project 12 for preliminary engineering. The federal share for AIP 12 is $36,270 with the state and local share both $2,015 for a total cost of $40,300. The board approved the AIP. Airport Manager Jerry Scheidler reported that there is still one empty hangar. He also stated that the new card readers are working well.
Lana Martin read a letter into the record on behalf of her parents, Larry and Pam Robbins. In the letter, the board was informed that their property had been trespassed and surveyed without their permission. They received no notification despite the prior agreement with the board. She reported that pictures were taken and stakes were removed. She stated that her parents did not sign a 2nd agreement that was sent from the board. She also stated that her parents were supposed to be provided with a copy of the updated capital improvement plan, but had not received it. She asked the board to follow the agreement in place with her parents.
The board will hold its next meeting on February 25th at 7:00 pm at Greensburg City Hall.
Tom Flemming-WTRE News
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