Wednesday, November 7, 2007

Myrtle Beach Terminal Spring 2010

Myrtle Beach—An expansion of the current east side passenger terminal facilities at the Myrtle Beach International Airport could begin by Spring 2010, according to a plan submitted to Horry County Council last week.
The amendment appropriates $750,000 for payment of a program manager and $200,000 for an airport layout plan update.Delta Airports Consultants was selected in August 2007 to complete an airport layout plan update for the airport. Requests for Qualifications for a program manager were issued September 16, 2007 by county staff and responses were received on October 9, 2007.
Potential funding sources for the terminal expansion were identified as $17 million from airport cash, up to $19.5 million from passenger facility charges, up to $7.5 million from rental car contract facility charges, $14 million from FAA entitlement grants, $7.5 million from the former Myrtle Beach Aviation Trust Fund, $5.5 million from the Myrtle Beach Air Force Base Redevelopment Authority, $25 million from sale of property at Grand Strand Airport and the Myrtle Beach International campground, $40 million by leveraging PFC money for a 30 year term, $35 million from airport revenue bonds, $15 million from state grants and a letter of intent from the FAA for up to $25 million.