Laconia Airport Authority

LACONIA AIRPORT AUTHORITY 65 AVIATION DRIVE GILFORD, NH 03249 (603)524-5003 * FAX (603)528-0428 www.laconiaairport.com RECORD OF MEETING Thursday, July 21, 2022, 16:00L Terminal Conference Room CALL TO ORDER: 16:02 ROLL CALL PRESENT: Andrew Hosmer, Chairman; Dale Chan Eddy, Vice Chairman; Robert Glendening, Clerk; Jason Larrere, Treasurer; Dale Crumb NOTE: Kim Weeks joined the meeting at 16:06L ABSENT: Peter Spanos; Paul Gaudet, Jr.; Eric Tierno GUESTS: John Gorham, Jacobs; David Emerson, Emerson Aviation; Lee Avery, Sky Bright; Drew Gillett AGENDA: 1. Action on Approval of 5/19/2022 meeting minutes. MOTION: Upon a motion by Mr. Eddy, with second by Mr. Crumb, the minutes of the May 19, 2022, meeting were unanimously approved as presented. 2. Public Input – There was none. 3. Review of Finances – The Treasurer led a general discussion regarding the finances. 4. Old Business a. AIP Projects Update – Mr. Gorham provided an update on the Airport Improvement Projects currently underway:  i. SBG 15 – Obstruction removal – The contractor chose to delay the survey of the boundary lines until the trees are free of foliage. The work is still on schedule for Fall/Winter. ii. Perimeter Fence preliminary planning – The grant application has been submitted for Phase 1 – Design, permitting, and bidding. Wildlife surveillance by the USDA Wildlife Services has yielded photos of the presence of wildlife. We are waiting for grant approval. b. Update s: i. Culvert repair/replacement at Emerson Aviation : The work was completed at a cost of $70,772.25 which was $4,223.75 less than what was approved by vote in the May 19, 2022, meeting. ii. Patchwork on runway : There were three significant potholes on the runway that were successfully repaired using a product called Elephant Armor, a concrete product that is stronger than normal concrete. iii. Wing, Water, Wheels : The event on May 21st was very successful and well attended. The weather was great and aircraft owner participation was wonderful. iv. Site Plan – Dubois & King was not able to present a completed site plan for the Crosswinds Development for this meeting. Following a discussion, it was decided that we should encourage the engineer to have the site plan ready for presenting to the LAA before July 31, 2022, so it can get on the agenda for the town’s planning board meeting in August. v. Boiler replacement – The boiler installation is almost complete! It will be fine-tuned in four days, after which it will be operational. vi. Generator – According to the schedule submitted by the contractor, it is due to be installed in November barring supply issues. 5. New Business a. Bank of NH, who we do business with, has proposed that we combine our investment funds into a Municipal Investment Pool Savings Account (MIP) with BNH where a 1.5% APY is currently being offered. This would entail removing our funds from FSB and NHPDIP and placing them in the MIP. MOTION: Upon a motion by Mr. Larrere, seconded by Mr. Eddy, the proposal to combine the investment funds of the Laconia Airport Authority into a Municipal Investment Pool Savings Account with BNH was approved by unanimous vote. 6. Other Business – There was none. 7. Next Scheduled Meeting: August 18, 2022 8. Adjournment at: 16:45L.