Work is complete and a final walk-through is scheduled for five new hangars at Terry County Airport. The best part — all five of the new hangars have already been rented. Airport board member Buzz Timmons told the Brownfield News that the new project adds to the airport’s other amenities, making it one of the best around.
The project was approved last year by the Texas Department of Transportation and funded, in part, by a 90/10 RAMP grant from the state. Total cost of the hangar project was projected to be $820,000, 90 percent of which will be covered by the state.
County officials made room in the current budget for the remaining $82,000 necessary to fund the local portion of the project, however bids came in substantially lower. The project total is closer to $600,000, according to Timmons, meaning the county’s investment will be about $60,000.
Already, all of the hangars have attracted plane owners from Lubbock to house their planes at the local airport. The Lubbock pilots report faster and easier access to the local runway than any in the Hub City. “We truly have one of the most first-rate airports in all of West Texas,” he said. “The addition of these hangars will keep us moving forward.”
The hangars will rent for $150 per month each, which amounts to $9,000 annually in revenue to the county. At that rate, the new building could pay for itself in under seven years. With life expectancy of more than 50 years for well-maintained hangars, that amounts to more than four decades of income to the county from the building. Timmons said the airport board is exploring the possibility of constructing three more hangars on site. The airport board is proud of the facility as a whole and its contribution to Brownfield’s economy and quality of life. “We don’t claim to be the crown jewel of Brownfield,” Timmons has said. “But we feel like we definitely are a jewel in the crown.”
Article Courtesy of the Brownfield News