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MINUTES AIRPORT ADVISORY BOARD TUESDAY, JULY 31, 1979 7:15 O'CLOCK P. M. PARIS, TEXAS The Airport Advisory Board met in regular session at Cox Field Airport on Tuesday, July 31, 1979 at 7:15 p.m., with the following members present: 1. Rick Rex - Chairman 2. James Moseley 3. T.D. Mallison 4. Joann Ondrovik- Burress 5. Allie O'Brien The meeting was called to order by Chairman Rex and the minutes were approved following correction of paragraph one, on page 2 from, "Phase I improvements be approved and presented by Mr. Hayter." and correction of page 2, number 2, last paragraph to add closing quotation marks to, seconded by Mr. Moseley, to "revise the Master Plan as presented by Mr. Hayter." Old Business: 1. Report on construction of T- Hangers: The airport manager was not present but Mr. Rex noted that Fasken, et al had their hanger slab poured, indicating progress toward completion. 2. Recommendation on rental fees for new City T- Hangers. Following a lengthy discussion of methods for assessing equitable rental fees for both New and Old City Hangers and taking into consideration recodery of building costs over a 15 year period as well as a comparison of closed vs. open hangers, the Board agreed that in the long run the full cost approach would be desirable. (1% per month). A motion was made by T.D. Mallison and seconded by Jarxes Moseley that rental fees for the 13 New Open Hangers be set at $45.00 per month, effective when available, rental fees on the six older, closed hangers be raised from $50.00 to $55.00 effective September 1, 1979. The Board recommends that rental fees be reviewed at each November Board meeting for the next calendar year. The motion carried with one opposing vote by Allie O'Brien who recommended higher rental fees be charged for both new and old hangers.