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HomeMy WebLinkAbout08-27-1980 Regular MeetingThe Airport Board of the City of Fairhope met on August 27, 1980 at the City Administration Building, 387 Fairhope Avenue, Fairhope, Alabama at 2:00 p.m. Those present: Chairman Russ Kilgore, member J.E. Gaston and M.L. Aust Consulting Engineer The purpose of the meeting being the negotiations frith the McCknsin Trusts having been completed for parcels F, G H & I for a sum of $3,136.69 per acre. It was moved by J.E. Gaston, seconded by Russ Kilgore that the purchase be made at the negotiated price, motion carried unanimously This being accepted, the Board authorized the Mayor.to sign for a $70,000.00 single pay loan for 24 mos., interest payable annually at 627. through the City of Fairhope, to the First National Bank of Baldwin County for parcels H & I. T-he parcels of land being the collateral for the loan. The justification for the $136.69 per acre over the $3,000.00 per acre appraisal figure was discussed and those justifications submitted to the F.A.A. Russ Kilgore made a motion for the Mayor to sign and execute the mortgage and note for parcels F & G to the Mcrkx an Trusts for 60 days at T. per annum in order to execute the deed, in the total amount of $49,465.60. J.E. Gaston seconded and motion carried. The above being accomplished, the closing of the loans and acceptance of the deeds executed by the McGovran Trusts were accomplished. Russ Kilgore moved, J.E. Gaston seconded authorizing the engineer to slide completion date of the project as requested to allay the contractor 120 calendar days from notice to proceed. The engineer informed the Board the notice to proceed would be September 2, 1930. The Board on motion by J.E. Gaston, seconded by Russ Kilgore authorized payment of the appraisers and review appraisers(600.00 and 605.50), accepted invoice Yk0780153 as submitted by M.L. Aust, engineer for the portion of the basic services under the YM3 ADAP project in the amount of $29,650.00. With the approval of the F.A.A. a motion was made to amend the engineers contract to better reflect the original intent of Mr. Aust as engineer, to furnish testing services for the Jffl3 ADAPT Project. It being the opinion of the Board that this is in accordance With both the original proposal to furnish engineering services from Nr. Aust and the execution of the contract. J.E. Gaston moved to give permission to Bass Aviation for construction of a temporary rigid building(located on the bubble building site) not to extend pass January 31, 1981, Russ lalgore seconded and motion carried. The Board also revised Exhibit A of the lease agreement and hereby revised as per agreement between the Airport Board and Phil Bass/Bass Aviation and will further be a part of the lease between the Airport Board and Bass Aviation.