11-1-21 BOC Regular Meeting - Laserfiche WebLink

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V.B Request for funding from the Airport Tax Reserve Fund by the Sanford-Lee County Regional Airport Authority The Sanford-Lee County Regional Airport Authority met on Thursday, October 28, 2021 and passed a Resolution seeking the Commissioners' approval to withdraw $330,000 from the Airport Reserve Fund. The funds are needed as a local match to a state grant of$4.7 million to make improvements to the South Terminal Area. The Airport Authority will be using an additional$220,000 of funds they have on hand to complete the match. These improvements include additional taxiways and site improvements for additional hanger spaces. The Airport Reserve Fund currently has $396,260 in the fund. Assistant County Manager/Finance Director Lisa Minter told the Board that they are projecting an additional $140,000 will be collected by January 6, 2022, and we therefore expect a balance of over$200,000 to remain in the fund once all FY 21-22 taxes are collected. The area being improved will provide space for small to mid-size hangers, which are in large demand for users of the airport. The airport leases the land for 20 years and the airplane owner then builds the hanger. The number of planes and hangers are increasing, creating additional tax base for the airport. This investment by the State and County will again provide additional growth in the number of planes and in turn tax base for not only the airport but the Deep River Fire Department. Funds Request Resolution 10-28-21.pdf Motion: Motion to approve the request for funding from the Airport Tax Reserve Fund in the amount of $330,000 from the Sanford-Lee County Regional Airport Authority. Mover: Robert Reives For: 7 - Arianna Lavallee, Dr. Andre Knecht, Robert Reives, Cameron Sharpe, Kirk Smith, Bill Carver, Mark Lovick Motion Result: Passed VI. MANAGER'S REPORTS VI.A Update on Multi-Sports Complex County Manager John Crumpton stated that on October 20, 2021 the County closed on the 110-acre sports complex property. Now that the land is acquired, the next step is to begin the design process. There are some issues that will need to be addressed before starting construction, including wetland mitigation and access from Highway 42. Also, staff visited the Magneti Marelli site on Friday. They have stopped operations as of September 30th and are visibly trying to empty the facility. There are some concerns about some things that have been advertised for disposal at an auction next week that staff believes are fixtures to the site. There are some things in the building that Central Carolina Community College and County may need to bid on that are not fixtures, such as overhead cranes that the college would like to keep for training purposes. The County Manager asked for authorization to spend up to $100,000 for items advertised at auction. County staff is having issues with communication with the company. The purpose of participating in the auction is to protect the interest of the community college and the County. $100,000 should be able to purchase the cranes and other equipment. Staff is planning to visit the facility before and after the auction to evaluate the property that is left. It is Magneti Marelli's intent to vacate the building by December 31, 2021. 5