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HomeMy WebLinkAboutLaurel Airport Authority Minutes 06.13.1988City of Laurel ? LAUREL MONTANA 59044 P.O. BOX 10 IAIMEL AI= br MY PHONE: 62"791 DEPARTMENT June 13, 1988 Meeting of the Laurel Airport Authority was called to order at 7:00 PM by Chainrian John H. Smith. Present where Mary McKamy, Bill Brennen, Claude Cory. Absent was Dave Powers. Minutes of the April meeting were read and approved without corrections. Ear' 1,-1-K-uTy m?ed we aPPrcvcd the z:ix_utes be approved as read, se=nd by Bill Breru-an. Motion passed. FQ I- a W d a c `t l41 s T( 9Id ? qlI ' Bills were read in the amount of $7,853.000 Motion by Claude and Seconded by Bill we pay all bills as read. Motion passed no decent. Jhon brought the subject of a grant of $1,000.00 we could obtain from the State Aeronautic Board. Mary moved we apply for this grant, seconded by Claude. Motion passed. Discussion about insurance we have on the airport. We have amil]ion dollars coverage and the question was asked if this was enough if we had a disaster at the airport and the airplanes tied down on the ramp were all damaged, if we had sufficient coverage to cover the number planes. A quick review of the number planes damaged would only amount approximately $100,000.00 as of June 13, 1988. Mary moved we approved the insurance of $1,000,000.00 for liability at the airport, seconded by Bill, motion passed. NW--t was the discussion of bor#pwrincr $7,000.00 from the State Aeronautics Board for repairs at the airport. Bill moved we borrow the amount of $7,000 Dollars, second by Claude, motion passed. No further business to come before the authority motion was made by Mary and second by Bill we adjourn. Meeting adjourned at 8:50 PM. Secretary City of Laurel is an EEO Employer