Jackson Hole Airport / JAC

« All News

Wednesday, 2 August 2017

NOTICE OF PUBLIC HEARING FOR 2017 BUSINESS READY APPLICATION FOR COMMUNITY GRANT AND LOAN PROGRAM PROJECT

NOTICE OF PUBLIC HEARING
FOR 2017 BUSINESS READY APPLICATION FOR COMMUNITY GRANT AND LOAN PROGRAM PROJECT

The Wyoming Business Council (WBC) is seeking grant and loan applications from counties, municipalities, joint powers boards, and tribes for the Business Ready Community (BRC) Grant and Loan Program. The program helps to ready communities for new business development through economic or educational development projects which may include, among other things, airport projects. The rules governing the BRC Grant and Loan Program are available through the WBC or http://www.wyomingbusiness.org.

The Jackson Hole Airport Board (Board) intends to submit an application for a BRC loan and grant for construction of a consolidated above ground fuel facility (the “Project”). The current capacity of the fuel facility at the Airport is not sufficient to meet the needs of airline and other aircraft during times of peak demand. To address this problem the proposed facility will provide 3 days fuel storage, compared with one day in the current facility.

The Project will be a common use facility with a smaller footprint that would provide the Airport with sufficient fuel capacity to handle existing and anticipated future passenger volumes and peaks. This will enhance air transport to the community, which in turn is expected to retain and promote businesses which use the Airport and rely on adequate community air service, and thus will support the economy of Teton County.

The Project is estimated to cost $10.3 million. The Board is exploring a variety of funding sources for the Project, including the BRC Grant and Loan Program administered by the WBC. The Board proposes to apply for a $1.5 million loan and a $1.5 million grant under this Program. Matching and additional moneys for this Project would come from Board reserve funds.

Comments: The Board is soliciting comments on its proposed application. Written comments and opinions should be submitted no later than August 11, 2017. They should be addressed to:

Jim Elwood, A.A.E., Airport Director
P.O. Box 159. Jackson, Wyoming 83001
Fax (307) 733-9270 Email: jim.elwood@jhairport.org

Public Hearing: Rules of the WBC require the Board to solicit citizen input through a public hearing before submission of an application. The Board will hold such a public hearing as part of its regular meeting on August 16, 2017, commencing at 8:30 a.m. in the Board Room at the Jackson Hole Airport. Immediately after the public hearing, the Airport Board will consider all comments and the adoption of a Resolution approving the filing of an application.

Further Information: Further information about the proposed application may be obtained upon request at the above address or by calling (307) 733-7682.

Dated this 2nd day of August 2017.
JACKSON HOLE AIRPORT BOARD
By: Jim Elwood, A.A.E., Airport Director