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_ __- -_ _ _' - -_______--_'-___'__ �_-_ - __ <br /> �^��� <br /> . -��o " <br /> 481 <br /> Mr. Hazard: "I don't know at this time." <br /> Commissioner Gustavesvn: "Do you have any numbers that you're playing with?" <br /> Mr. Hazard: Said that he did have some he was "going over" but that labor, <br /> tone and money costs fluctuate from day to day. He added that they know the <br /> quantities required but without a permit they couldn't buy the stone <br /> �uan ' stone. <br /> Commissioner Gustaveson: "Do you some range?" <br /> Mr. Hazard: "Yeah," He continued that since this wasn't a government project <br /> costs could be lower and that the runway would be built for under one million dollars. <br /> Commissioner Whitted: Asked what kind of instruments would be in place in <br /> phase one. <br /> Mr. Hazard: "Oh, just what HWA has at the present time." <br /> Ms. Crawford: Asked just what HWA did have. <br /> Mr. Hazard: Replied surveillance approach; and if money permits, a nun- <br /> directional beacon because the costs were reasonable. Commissioner Whitted <br /> asked if the beacon would be in phase one and Mr. Hazard replied yes. <br /> Commissioner Whitted: "I believe the tie down capacity for phase one is <br /> 276; is that right?" <br /> Mr. Hazard: 276 Is the total' <br /> Commissioner Whitted: Asked if Mr. Hazard knew what his break even point was <br /> for the airport on the number of based aircraft, <br /> Mr' Hazard: Said he was unable to answer the question. He feels that a <br /> period of twelve to eighteen months of "negative cash flow" is to be expected. <br /> Ms. Crawford: Noted that she was confused explained that she thought there <br /> were to be 276 hangared planes and any number of tie downs. <br /> Mr. Hazard: "We've planned for 276 hangared aircraft." He cited the example <br /> of a football game and said they would not tell pilots they couldn't come in because <br /> they had committed to a specific number. <br /> Ms. Crawford: Asked if Mr. Hazard agreed with the common percentages of <br /> 20-40% of total aircraft being hangared aircraft. <br /> Mr. Hazard: "I hope that we do a better job than that." He noted that hangaring <br /> was advantageous to the aircraft owner because of reduced insurance rates and that <br /> "we will try to get all that he saves." <br /> ° Pb. Crawford: Asked if Mr. Hazard could give the dimensions of one of the <br /> hangars that would house thirteen units. <br /> Mr. Hazard: "No, I can't." He added that Mr. Mehler could provide the infor- <br />