Commissioners agree to financing arrangement for Michael J. Smith hangar construction

The Carteret County Board of Commissioners Monday approved loaning the Carteret County-Beaufort Airport Authority funds to rebuild 28 hangars at the airport, pictured here in Beaufort, while the airport awaits reimbursements from the federal Economic Development Administration. (Elise Clouser photo)

BEAUFORT — It still needs final sign off from the Local Government Commission, but county commissioners have approved a cash flow arrangement with the Carteret County-Beaufort Airport Authority that will allow the airport to proceed with constructing 28 airplane hangars at the Michael J. Smith Field in Beaufort.

The airport is in the middle of a grant-funded project to rebuild hangars that were damaged or destroyed in recent storms, including Hurricane Florence in 2018 and Hurricane Dorian in 2019. Last July, the U.S. Department of Commerce’s Economic Development Administration announced it would award the airport authority nearly $3.3 million for the effort, with the county providing matching funds totaling around $820,000.

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(1) comment

Texas Pete 14

Same Ol' Clowns, getting same good bargains for the people.

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