|City of Salem and Lucas Oil close to a deal on airport purchase|
|Thursday, 11 June 2009 00:00|
Woodward said that the deal to purchase the old airport is about 99 per cent complete. Assuming that negotiations go well between Thompson and Lucas Oil, everything should be signed before the end of the year.
Woodward went on to say that the engineering firm R.W. Armstrong has redesigned the plans for the new facility to have a shorter runway than the initial plan called for. The new plan includes a 3500 runway which is 1500 feet shorter than the one in the initial engineering plan but over 1000 feet longer than the current runway. After completion of that phase, the additional 1500 feet of runway will be added over time. This revision will allow the new facility to be operational within 24 months.
Woodward confirmed that the re-appraising of properties to be purchased for the new airport is still expected to begin this fall.
The next regularly scheduled BOAC meeting is Wednesday, June 17, beginning at 7pm at the airport.
|Last Updated on Thursday, 11 June 2009 10:48|