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HomeMy WebLinkAbout01-30-1986 Regular Meeting269 The Airport Board of the City of Fairhope met January 30, 1986 at the Civic Center Complex, 161 N. Section Street, Fairhope, Al. at 8:00 A.M. Present: Russ Kilgore, Chairman; members Trisha Nelson Jim Gaston, M.L. Aust, Consulting Engineer. Russ called the Board to order and said we needed to consider the current invoices due which will be presented and make another draw. M.L. had an invoice from the contractor W.S. Newell in the amount of $104, 742.36. He had a basic engineering invoice in the amount of $8,750.00 and two invoices from the resident engineer in the amounts of $3,819.00 and $5,611.75 covering November & December. The Board considered a bill from Jim Reid, City Attorney in the amount of $1,667.17 which included a bill from Southern Land Title in the amount of $610.50. These being all the invoices we have at this present time totaling $124,590.28. Trisha Nelson moved to pay these bills after a request for fLnds is made and funds become available. Jim Gaston seconded and motion carried unanimously. M.L. presented at this time a form to make a request from the State for a draw on the state funds promised for the project total being $45,000.00. We are eligible at this time for a 50% draw since the project is half complete. Russ asked that the Mayor send a cover letter, Trisha moved that the State funds be requested, Jim Gaston seconded and motion carried unanimously. Trisha Nelson further moved that when the State funds come in that they be invested in a C.D. Jim Gaston seconded and motion carried unanimously. The discussion on T-hangars was carried over until we have a full membership present. An election of officers was held with Trisha Nelson nominating Mason McGowan for Chairman, Jim Gaston seconded. There were no other nominations. Motion carried unanimously. Betty Rivenbark will continue as Secretary. There being no further business, meeting was duly adjourned.