During a recent government meeting, officials discussed significant developments regarding the expansion of Aviation North and its budget implications. The total budget for the project has increased from $62 million to $73 million, with approximately 80% of this increase attributed to the expanded airport format. This expansion includes an additional $8.2 million earmarked for various phases of the project.

Concerns were raised about the Payment in Lieu of Taxes (PILOT) program, which was established at 30 cents per square foot in 2020. Officials acknowledged that inflation has diminished the effectiveness of this rate, which now reflects only about 18-19% of the intended 25% PILOT. The timing for any adjustments to this rate remains uncertain, with discussions deferred to future meetings.

Commissioner Ashcraft questioned the rationale behind the current focus on Aviation North and the decision to pursue speculative building rather than build-to-suit options. Officials explained that the expansion is a logical step in response to increased demand for aviation facilities, particularly as existing capacities on the west side of the airport are nearing full occupancy. They noted that there are already inquiries for new aviation developments, indicating a strong market for the area.

The timeline for completing the Aviation North project is set for next year, with ongoing marketing efforts for available sites, including a cross-dock pad that could facilitate future developments. The meeting concluded with a consensus on the need for updated lease agreements and a commitment to addressing the evolving demands of the aviation sector.