P.G.Airport Expansion Dollars To Be Approved Tomorrow
By 250 News
Wednesday, August 15, 2007 04:01 AM
The Treasury Board of Canada is expected to approve the $12 million dollar grant to the Prince George Airport Authority by Thursday. That is when the people of the region are expected to finally know that the airport expansion in the city is a go.
The Airport Authority has been holding up the expansion while they wait for the Federal Government contribution to the project. The provincial funding for the project is tied to the Federal approval. Both levels of government had a consultant review the business plan for the expansion to ensure the plan was sound.
According to MP Dick Harris, " The total package went to the Treasury Board on Monday and it is expected that we will know of the approval on Thursday."
Federal Minister of Natural Resources, Gary Lunn, had initially announced the Federal Government's support of the project in January of this year, but the funding has yet to arrive.
The total project will cost $36 million dollars and will expand the runway to 11,400 feet. That will make the runway long enough to handle major cargo flights heading to Asia.
Tenders for the first stage of the extension project have closed and the awarding of the contract is expected to be made by the Board at its regular meeting next week.
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