Lago Vista's Airport Advisory Board has made significant strides in securing funding for critical airport rehabilitation projects during their recent meeting. The board discussed a major project estimated to cost just under $200,000, for which funding has already been approved. The city is expected to contribute 10% of the total cost, amounting to approximately $15,000.
In addition to this immediate project, the board is also focusing on a comprehensive conditions assessment of the runway. This assessment aims to develop a long-term budget for pavement and lighting rehabilitation across the airport. The Texas Department of Transportation (TxDOT) has indicated a willingness to utilize discretionary funds for these projects, marking a shift in funding strategy that could benefit the airport significantly.
TxDOT has forecasted a larger rehabilitation project costing around $6.6 million, which would require a local commitment of $600,000 from the city for its 10% share. The board is preparing to submit a letter of intent to TxDOT, signaling their commitment to these funds and allowing the next steps in selecting an engineering firm to proceed.
The meeting also highlighted TxDOT's readiness to support the airport's funding needs without the constraints of previous federal compliance issues. This newfound momentum is seen as a positive development for the airport's future, with TxDOT expressing confidence in moving forward with funding as soon as the city confirms its readiness.
Overall, the discussions reflect a proactive approach to enhancing the safety and viability of Lago Vista's airport, with the board optimistic about the upcoming projects and the potential for improved infrastructure in the community.