Grant & Loan Awards: Bartow County


Bartow County

Equity Fund: $500,000

Awarded: 03/07/2008

Applicant: Cartersville-Bartow County Airport Authority

Equity funds to assist with the construction of 30 T-hangars at the Level III Cartersville-Bartow Regional Airport. Currently the Airport houses 120 private aircraft permanently based at the airport, spread among 60 T-hangars, 50 tie-downs and corporate hangars. There are currently no vacancies for T-hangar space and a waiting list of 100. The new hangars will add economic development capacity, meet an airport need, generate new taxes and encourage tourism. The Airport is ranked by the DOT as number one in the nine airports within Region One and 7th highest in economic activity compared with all 94 general aviation airports in Georgia. Shaw Industries and Anheuser-Busch use the Airport regularly to fly executives in and out for meetings. Georgia Power bases its aerial patrols and resource management there. Phoenix Air Group, a worldwide airline services company and fixed based operator at the Airport, will handle the rental of the hangars. The Company provides many services including electronic warfare training to militaries; air charter, fuel, and advanced flight school services.

Total Budgeted Project Cost: $1,486,540

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