SPRINGDALE -- The City Council gave the Municipal Airport a lift Tuesday with a commitment of $700,000 to build a new hangar.
The hangar project will benefit the airport in two ways, said Wyman Morgan, the city's director of administration and finance. First, it will provide a place to put more airplanes. Second, it will result in an increase in fuel sales with a fuel tax benefiting the airport's budget, he said.
Morgan said construction could start in 90 days.
The city's money would match two grants from the Arkansas Division of Aeronautics set for approval next week, he said. The state would pay about $400,000, and the city would provide $131,000. Then, the city would build the new hangar with money from the budget's unreserved funds if it doesn't get another grant, Morgan said.
