Hamilton County To Purchase Terminal, Hangars At Indianapolis Executive Airport | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.13.24

Airborne-NextGen-05.07.24

 Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

Fri, Oct 04, 2013

Hamilton County To Purchase Terminal, Hangars At Indianapolis Executive Airport

Lone 'No' Vote On The County Council Calls Move A 'Bailout'

The Hamilton County (IN) Council voted Tuesday night to approve the $8.4 million purchase of the terminal building and hangars at Indianapolis Executive Airport (KTYQ) near the state's capitol city.

But there’s a twist. The airport is located in Boone County, just northwest of Indianapolis. Hamilton County is adjacent to Boone. The Indianapolis Star reports that Hamilton County had purchased the facility from Boone in 2002 in an effort to preserve the busy reliever airport from falling victim to developers.

The airport has been operated by Montgomery Aviation. The bond issue approve Tuesday would purchase the buildings from the operation, which Councilman Rick McKinney ... who cast the only "no" vote on the measure ... called a "bailout" for the management company.

But the argument that bond rates are at historic lows and it was better to buy the buildings now rather than risk paying higher interest rates in the future carried the day, and the measure passed 6-1.

FMI: www.indyexecairport.com, www.hamiltoncounty.in.gov/council/

Advertisement

More News

Airborne 05.10.24: Icon Auction, Drunk MedEvac Pilot, Bell ALFA

Also: SkyReach Parts Support, Piper Service Ctr, Airliner Near-Miss, Airshow London The Judge overseeing Icon's convoluted Chapter 11 process has approved $9 million in Chapter 11 >[...]

ANN's Daily Aero-Term (05.13.24): ILS PRM Approach

ILS PRM Approach An instrument landing system (ILS) approach conducted to parallel runways whose extended centerlines are separated by less than 4,300 feet and at least 3,000 feet >[...]

ANN's Daily Aero-Linx (05.13.24)

Aero Linx: FlyPups FlyPups transports dogs from desperate situations to fosters, no-kill shelters, and fur-ever homes. We deliver trained dogs to veterans for service and companion>[...]

Airborne-NextGen 05.07.24: AI-Piloted F-16, AgEagle, 1st 2 WorldView Sats

Also: Skydio Chief, Uncle Sam Sues, Dash 7 magniX, OR UAS Accelerator US Secretary of the Air Force Frank Kendall was given a turn around the patch in the 'X-62A Variable In-flight>[...]

Airborne 05.08.24: Denali Update, Dad-Daughter Gyro, Lake SAIB

Also: NBAA on FAA Reauth, DJI AG Drones, HI Insurance Bill Defeated, SPSA Airtankers The Beechcraft Denali continues moving forward towards certification, having received its FAA T>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 05.15.24: Ghost Sq MidAir, B-2 Junked, Dream Chaser Readies

Airborne-NextGen 05.14.24: 5293 Drone Record, Airbus Acquires, VA-1X UAS Accident

Airborne 05.13.24: DC-9 Jump Plane, Wag-Aero Sold, VA-1X AAIB Report

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC