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CONTRIBUTED PHOTO
HERE FOR MORE THAN DESSERT-Tim Murray, a Democratic
candidate for lieutenant governor, greets a citizen Saturday at
St. George's Greek Festival in Centerville.
Beatty/Crocker party
Sunday
Renee Sherwood of West
Barnstable will host a garden
partyinsupport of GOP Congres-
sional candidate Jeff Beatty and
state rep hopeful Will Crocker
Sunday from 1 to 3 p.m. The
cutoff dat e was July 15, but
call 508-362-4055 or write to
sherwoodrm@comcast.netto see
if there's still room. Donations
will be accepted at the door.
Perry party isJuly 30
StateRep.Jeff Perryholdsaeam-
paignkickofflobsterandclambake
July 30 at 2 p.m at the American
Legion hall on Route 130in Sand-
wich.Tickets($40) are available at
Joe'sLobsterMart attheSandwich
marina and TwinAcres Ice Cream
on Route 6A.
The event will include a silent
auction to benefit the Paige Vic-
toria Perry Fund, organized by
the candidate's son and daugh-
ter-in-law to help people deal
withthe loss of a child to Sudden
Infant Death Syndrome.
What's the alternative?
Kenneth Chase, Republican
candidate for U.S. Senate, says
it's fuels from nuclear power
and wind.
In a press statement, Chase
also backed the use of E-85, an
alternative fuel that's a blend of
85 percent ethanol and 15 per-
cent gasoline.
"Ourseniorsenatorspendsmost
ofhistimefocused on obstructing
energydiversification such asthe
wind farm, refineries, and ANWR
(AlaskanNationalWildlifeRefuge,
where oil drilling has been pro-
posed)," the candidate charged
in his press release.
"
POIITICAIPOTPOURRIZZZZZ
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
CraigAshworth ¦
385 Sea St., Hyannis ¦
775-0457
Airport commission
hears financial
options to fund
its share of $40M
proj ect
By David Still II
dstill@barnstablepatriot.com
EARTHTECH RENDERING
Proposedterminal-Goneare the swooping,space-ageflaresina hyper-conceptual
rendering of the new airport terminal presented before the town council last year,
leavingamoretraditionallookingstructure.Regardlessof itsoutwardappearance,the
internal finances of the airport will need to change in order to pay for the project.
Increased landingfees, borrowing
from the town and a reduced size are
part of the revised financial plan for
Barnstable Municipal Airport'snew
terminal project.
At Tuesday night's meeting, air-
port commissioners spent consider-
able time reviewing the funding al-
ternatives to bridge the gap between
what the airport can afford and what
it would need to support to fund its
planned new terminalbuilding, now
proposed at 45,000 square feet .
The airport's piece of the $40 mil-
lion terminal project is about $16
million. At that level, the airport
would need to come up with an ad-
ditional$1.5millionannuallyto cover
the borrowing.
Increasing fees at the airport is
less a question of "if" than "how
much." Based on information from
the SH&E consulting firm , the
"when" part of the question has
mostly been answered with "as soon
as possible."
In a presentation at the May air-
port commission meeting, financial
consultant Eliot J. Lees of SH&E
gave a rundown of how the airport
ispositioned to finance the terminal
project. This week'smeeting served
as a reiteration and refinement of
those numbers.
The actual fee recommendations
are expected to be presented to the
commission next month.
The initial hurt will be the high-
est, according to Lees. While the
airport has some reserves, there is
no dedicated account for capital
projects of the size and magnitude
of the terminal.That leaves aninitial
gap of perhaps $1.5 million annually
that must be closed.
Landingfees,parking fees and the
potential of anew passenger facilities
charge arethe primarytargetsfor the
airport to make more money.
Barnstable charges less per land-
ing -$6 -than most, if not all, re-
gional airports of its size. SH&E's
analysis suggested that in order to
cover the terminal costs, landing
fees would need to be somewhere
between $12 and $24, tending more
toward the higher end.
In May, Lees told the commis-
sion that in order for the project
to go forward, there will need to be
substantial increases to the airlines
and end users.
State and federal grantswillcover
about $21.4 million of this, leaving
the airport to fund the rest. While
some airport reserves will be used
($2.5 million), the majority of the
airport'sfunds would come through
a borrowing. A request to the town
council to authorizethat borrowing
is expected to be made in the fall.
Barnstable's airport project re-
mains in line for state and federal
funding, but that has yet to be au-
thorized.
The terminal's size, now at 45,000
square feet , was reduced by 6,750
square feet, based on decreased
demand. That resulted in a savings
of $1.5 to $2.5 million in construc-
tion costs.
Theproject'sestimated $40million
price tag represents $25.8 million in
terminal design and construction,
$5.2 million for access road design
and construction,$1millionfor park-
ing lot improvements and $8million
in land acquisition and business
relocation costs.
After a meeting with Massa-
chusetts Aeronautics Commission
memberslast week, airport manager
Quincy "Doc" Mosby said that he's
optimistic that Barnstable is "next
in line." Barnstable once competed
against two other airport terminal
projects, both of which have now
received funding, and now tops
that fist.
Mosby'sattitude isthat the state's
past financial support for planning
aspects of the terminal projects is
indicative of its future support.
He said the reaction to the fee
increase from operators was, not
unexpectedly,negative.He said that
the commission was asked to take
the region's seasonal nature and
competitive transportation market
into consideration when looking at
increases.
Bottomed Out
With 92 percent of air traffic going
between Hyannis and Nantucket,
from a service standpoint, Lees
said, "You are about as bottomed
out as you can go."
Mosby has attempted to bring in
new carriers to the airport, but such
efforts are on hold. New carriers
would represent new revenue that
could help support terminal costs,
but Mosby is not confident that the
existing facility could attract new
' carriers in its present condition.
"It's a chicken and the egg thing,"
Mosby said, later adding, ""That's
the process of modernization."
On Thursday, the airport's ter-
minal project will be back before
the Cape Cod Commission'sreview
subcommittee for a look at traffic
and hazardous material storage.
That meeting is scheduled for
a noon start at the Cape Cod
Commission's office in Barnstable
Village.
Paying for terminal will require new, higher fees
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