We find ourselves in the middle of one of the greatest wealth transfer periods of all time. Those with wealth must decide whether they want to make transfers, and if they do, they must decide how much, to whom, when and in what structure?
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Fred Diehl, assistant to the Erie town administrator, said the project is expected to receive final approval from the Colorado Division of Aeronautics at a meeting on Monday, Jan. 28. Some $400,000 for the lights would come from the Colorado Division of Aeronautics, while another $150,000 would come from the Federal Aviation Administration and the final $51,851.85 would come from the town of Erie.
Lights are considered an airport safety improvement, Diehl said. Erie’s municipal airport is open around the clock; the taxiway is lined with reflectors. The project is expected to be put out to bid after the Colorado Division of Aeronautics approves it, said Russell Pennington, Erie’s deputy public works director.
At the same time, the town expects to spend about $250,000 on an airport master-plan update project, which is scheduled to wrap up in August.
The master-plan update is expected to govern proposed development at the airport for the next 20 years — including a possible runway expansion.