HomeMy WebLinkAboutAirport.Minutes.10-12-1999.closedAIRPORT BOARD MINUTES
Executive Session
October 12, 1999
Airoort Restaurant
The Airport Advisory Board entered into Executive Session to discuss lease issues
Agricultural Lease - Mr. Loy reported a new agricultural lease is being drafted. The current
leases expire December 31, 1999. The board requested and will receive a copy of the lease when
completed.
Griffith/Johnson Hangar - Rick Griffith and David Johnson have building plans from Stockade
Building for the construction of their hangar. Plans are being submitted to City Hall for approval.
Potential Airlines - Mr. Loy reported un a phone conversation with Mr. Kris Bhatia, Chief
Executive Officer, Delta Pioneers. It appears they are backing down on their interest in establishing
airline service in Cape Girardeau.
T -hangar #9 lease - T -hangar #9 will be leased by the next person on our T -hangar waiting Its. Mr.
Russ Mothershead. The hangar will lease for $75 per month since the airport utilizes half of the
hangar for storage purposes.
LoPresti - Mr. Loy reported the prospect of LoPresti relocating to Cape Girardeau is at a stand still
currently due to the lack of venture capital funding. Mr. Waltz suggested a re -concentrated effort
be made to find the venture capital needed.
II. ADJOURNMENT
�.. There being no further business to discuss in Executive Session, Mr. Seesing motioned to exit
executive session with Mr. Trickey seconding the motion.
Minutes Prepared by Carol Peters, Administrative Secretary
Minutes Approved by:
Chairman, Airport Advisory Board