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Agenda Package - 11-14-11
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Agenda Package - 11-14-11
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11/9/2011 8:27:38 AM
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11/9/2011 8:24:07 AM
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Board of Commissioners
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1O6 <br />RALE <br />The Raleigh Executive Jetport @ Sanford -Lee County <br />FOREST SERVICE PROJECT AT <br />RALEIGH EXECUTIVE JETPORT <br />The NC Forest Service is seeking to lease an aircraft hangar, storage and office <br />combination facility at Raleigh Executive Jetport. The hangar size requested is 10,000 <br />square feet, a storage building of at least 2,500 square feet and the office of at least <br />2,000 square feet. <br />The NC Forest Service will enter into a 30 year lease. The estimated cost of the <br />facilities could be one million dollars. The Sanford -Lee County Regional Airport <br />Authority is applying for up to $800,000 in loans from the Central Electric Membership <br />Corporation (CEMC). The Authority may request the 20% match required by CEMC for <br />the loan from the Airport Special Reserve Fund managed by the County. <br />The project will bring up to 14 Forest Service employees to work at the new central <br />location. The fleet of planes around the State managed by the Forest Service will be <br />maintained here at Raleigh Executive Jetport. The airport will generate additional <br />revenues from fuel sales. <br />9 19.7 76 2939 700 Rod Sullivan Road Sanford, NC 27330 www.raleighcxec.com <br />
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