HomeMy WebLinkAbout91-089
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A RESOLUTION OF THE BOARD OF SUPERVISORS OF
THE COUNTY OF MOHAVE AUTHORIZING MOHAVE
COUNTY AIRPORT AUTHORITY, INC. TO APPLY FOR A
GRANT ADVANCE THROUGH THE ARIZONA
DEPARTMENT OF TFtANSPORTATION-AERONAUTICS
DIVISION LOAN PIROGiRAM IN THE AMOUNT OF ONE
MILLION, TWENTY FIVIE THOUSAND DOLLARS FOR THE
PURPOSE OF EXPEDITING AND COMPLETING THE
BU LLHEAD/LAUG H L11" AI R PO RT CONSTRUCTIO N
PROJECT.
RESOI..UTION NO. 91-89
W HER E AS, the County of Mohave is interested in expediting and completing the
construction of the Bullhead/Laughlin Airpol1; and,
WHEREAS, the Arizona DI9partment of Transportation - Aeronautics Division has adopted a
Loan Policy Program to expedite airport improvement pr.ojects; and,
WHEREAS, Mohave County desires to apply for a Grant Advance Loan from the Arizona
Department of Transportation - Aeronalutic:$i Division in the amount of One Million, Twenty Five Thousand
Dollars ($1,025,000.00), to complete the cl:lnstruction of the Bullhead/Laughlin Airport, including but not
limited to runways, taxiways, aircraft aprons, public acce:ss roads, parking, utilities, ARFF facilities, marking
and light; and,
WHEREAS, Mohave County pn:>poses to pay 6.1 percent interest to the Arizona Department
of Transportation - Aeronautics Division for the Grant Advance Loan; and,
WHEREAS, Mohave County proposes to fl9pay the Arizona Department of Transportation-
Aeronautics Division within two years, beginning July 15, 1992 in an amount not less than Five Hundred
Thousand Dollars ($500,000.00) per year; ~md,
WHEREAS, Mohave County Airport Authority, Inc. is the management agency for the
Bullhead/Laughlin Airport under lease agreElment with Mohave County;
NOW, THEREFORE, BE IT BESOLVED that the Board of Supervisors of the County of
Mohave does hereby authorize Mohavl9 County Airport .Authority, Inc. to apply for a Grant Advance Loan
through the Arizona Department of Tr~mspc)rtation - Aeronautics Division Loan Program in an amount of
One Million, Twenty Five Thousand Dollars ($1,02S,000.00) to complete the construction of the
Bullhead/Laughlin Airport;
BE IT FURTHER RESOLVED that the Board of Supervisors of the County of Mohave
does hereby authorize the Vice Chairman t() execute documents in the absence of the Chairman if future
action is taken at an official meeting of the Board of Supervisors; also,
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BE IT FURTHER RESOILVED that the Board of Supervisors of the County of Mohave
does hereby authorize Mohave County Airport Authority, Inc., as the management agency of the
Bullhead/Laughlin Airport, to act 011 its behalf in the administration and application of the grant advance
loan.
PASSED, APPROVED AND ADOPTED by the Board of Supervisors of the County of
Mohave, Arizona this 25th day of March, 1991.
MOHAVE COUNTY BOARD OF SUPERVISORS
c;r~'/~~J
Lois J. Hubbard, Chairman
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Attest: .~. . .-< 1./" ,.. ~ :J-.[{ ,:, '~_,
Pat Chastain, Clerk
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