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:m......~.~,_~. _._.._. ~, , '. - • ~ ~ [? Mr. Hazard: "I don't know at this time." Commissioner Gustaveson: "Do you have any numbers that you're playing with?" Mr. Hazard: Said that he did have some he was "going over" but that labor, tone and money costs fluctuate from day to day. He added that they know the quantities required but without a permit they couldn't buy the stone. Commissioner Gustaveson: "po you have some range?" Mr. Hazard: "Yeah." He continued that since this wasn't a government project osts could be lower and that the runway would be built for under one million dollars. Commissioner Whitted: Asked what kind of instruments would be in place in pnase one. Mr. Hazard: "Oh, just what HWA has at~the present time." Ms. Crawford: Asked just what HWA did have. Mr. Hazard: Replied surveillance approach; and if money permits, a nan» directional beacon because the costs were reasonable. Commissioner Whitted asked if the beacon would be in phase one anal Mr. Hazard replied yes. Commissioner Whitted: "I believe the tie down capacity for-phase one is 276; is that right?" Mr. Hazard: 276 Is the total. Commissioner Whitted: Asked if Mr. Hazard knew what his break even point was for the airport on the number of based aircraft. Mr. Hazard: Said he was unable to answer the question. He. feels that a period of.twelve to eighteen months of "negative cash flow" is to be expected. Ms. Crawford: Noted that she was confused explained that she thought there were to be 276 hangared planes and any number of tie downs. Mr. Hazard: "We've planned for 276 hangared aircraft." He cited the example of a football game and said they would not tell pilots they couldn't come in because they had committed to a specific number. Ms. Crawford: Asked if Mr. Hazard agreed with the common percentages of 20-40% of total aircraft being hangared aircraft. Mr. Hazard: "I hope that we do a better job than that." He noted that hangaring was advantageous tv the aircraft owner because of reduced insurance rates and that "we will try to get all that he saves:" Ms. Crawford: Asked if Mr. Hazard could give the dimensions of one of the I hangars that would house thirteen units. ~, Mr. Hazard: "No, I can't." He added that Mr. Mehler could provide the infor- I~ motion.