Grant & Loan Awards: McDuffie County


Equity

McDuffie County

Equity Fund: $500,000

Awarded: 01/30/2007

Applicant: Thomson, City of


Description:
Equity funds to assist with the construction of one nine-bay nested and one nine-bay oversized hanger at the Thomson-McDuffie Regional Level III Airport. The airport, jointly owned by the City of Thomson and McDuffie County, will also make improvements to the apron and taxiway area as well as site preparation for the possible construction of additional hangers. The airport’s fixed-based operator is Spirit Aviation who employs three and has just entered into a long-term lease. The existing runway is 5,200 feet and can accommodate greater than 85% of corporate jets. With existing hangars at 100% occupancy, the proposed new hangars will provide airport users with a protected area to store aircraft while also making the airport more regionally competitive.


Total Budgeted Project Cost: $1,252,280


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