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The Commission unanimously approved increasing the airport’s fuel revolver to $8.5 million, subject to review by the Finance Committee and Select Board. The increase is intended to support fuel purchases, build cash reserves for capital needs, fund employee stabilization, and continue PFAS investigation and remediation.
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The airport can seek a larger revolving line of credit to manage fuel costs and support several ongoing financial needs, but final approval is still required from the Finance Committee and Select Board. Commissioners also approved several airport contracts and amendments, including a $45,705.75 carpet replacement contract and a $56,395 reduction for an equipment contract. Construction funding remains limited: Hardstand 2A is planned for spring, while Gate 1 is targeted for spring 2028 if supplemental funding is approved.
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