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* North / West Development <br />Both projects are progressing, each at different phases of the project, The private party for the <br />North development wanted to know if the City could help in any way to help reduce the overall <br />cost of the project. After internal discussions, it was decided that the City could do the install of <br />the water lines and fire hydrants if the private party supplied all applicable parts for the project. <br />This helped to reduce the overall cost to the private party which helped progress the project, <br />Currently, the West development is having a legal agreement created due to, the project having a <br />taxi -lane being developed. <br />e FAA Airfield Inspection <br />The airfield was inspected on May 11, 2024, by Aerologic, LLC — this company is subcontracted <br />out, by the FAA to conduct airfield inspections. The inspection lasted four hours with only one <br />concern, trees around runway 35. These trees are going to need to be removed to protect the <br />approach into runway 35, The airport is working on getting a quote to get the trees removed. <br />0 Infrastructure Investment and Jobs, Act Funding (IIJA) <br />Originally airports were told that the IIJA money could not be used for new fuel farms by the FAA. <br />A good number of airports are wanting to use their IIJA money to fund new fuel farms. After <br />enough airports expressed their positions on this, the FAA has reconsidered and will allow airports <br />to fund new fuel farms. A Letter of Interest (LOI) has been sent to TXD0T expressing that the <br />Paris Airport is wanting to use majority of the IIJA money to fund a new fuel farm in FY 2025. <br />TXDOT quoted the airport $1.2M for a new fuel farm, the City would need to budget $120K in <br />FY 25 to have this project go through. The old fuel farm will need to be "officially closed out" <br />through TCEQ after the new fuel farm is completed. This cost will entirely be placed onto the City, <br />no federal aid is available for this project. <br />5. Next Airport Advisory Meeting <br />Mr. Strahan announced the next Airport Advisory Board Meeting would be August 15, 2024. <br />6. Adjournment <br />Meeting adjourned at 5:47PM <br />Approved this i S" th day of August 2024. <br />Paul Strahan, Airport Manager <br />