HomeMy WebLinkAbout06-01-1994 Board Meeting71
MINUTES OF AIRPORT BOARD MEETING 31 MAY 1994
The Airport Board held a special meeting to discuss the progress of the legal
proceedings against the current FBO, and the future of the airport. Options were
explored, including the City of Farehope taking over the operation of a limited FBO
for an interim period of time pending finding someone else the come in and lease the
airport facilities. On a motion by Buzz Colling, seconded by Bill Payne, the Board
recorded its desire that the collateral for the $90,000.00 note be retained at Fairhope
after the departure of Clark Aviation, to ensure its safeguarding and proper
maintenance until the debt is paid. The motion passed unanimously. Meeting
adjourned to meet again very soon at the call of the Chairman to work on
replacement FBO.
MINUTES OF THE TELEPHONIC AIRPORT BOARD MEETING OF 1 JUNE 1994
After consultation with the City Attorney, and determining that, after Clark Aviation
registered the airplanes pledged as collateral for the $90,000.00 note, thus allowing
the City of Fairhope to register a lien on them with the FAA, the City must allow
Clark Aviation to remove the collateral as they cease operation at the Fairhope
Airport, the Chairman conducted a meeting by telephone with the members available
at that time, Buzz Colling, Bill Payne, Jeanette Puckett, Mike Baugh. It was
unanimously decided that in lieu of retaining collateral, an agreement would be
entered into with Clark Aviation and the two Clarks individually, which would
provide that
1. Clark Aviation would operate a full service FBO through 30 June 1994
2. Clark aviation would immediately provide the Board with a list of
individuals or corporations renting space in the T-hangars, the bog hangars, or on the
ramps, including rate paid, paid through what date, name, address, phone #, aircraft
N-number, and which hangar or space aircraft is located in.
3. Prior to release from current lease, Clark Aviation and the two Clarks will
sign promissory note for rent arrearage plus hangar/ramp rent collected in advance.
4, Terms of note to include satisfactory condition of buildings and equipment
left at departure, with inspection by City of Fairhope personnel.
5. Monthly reporting procedure on collateral inventory to be put in place with
default on note as result of failure to provide report on time.
MINUTES OF AIRPORT BOARD MEETING OF 7 JUNE 1994
The Board met to hear presentations from MC Aviation of Mobile, represented by Mr.
Hendrickson and Mr. Yarbro; Mobile Air Service (Aero-One) represented by Mr. Read
and Mr. Morissette; and a yet to be named corporation represented by Mr. Kilgore,
appearing for himself, Mr. McGowin, Mr. McLean, and Mr. Cox.