From Deseret News archives:
State not likely to buy St. George airport
"We haven't had a definitive discussion on how the economics will work" between the sale of the old airport and the cost of the new airport, Huntsman said. "I can't say I'd dismiss (the state buying the airport). But my knee-jerk reaction is no."
Washington County legislators recently made the purchase proposal to House GOP leaders. The 274-acre old airport site, located on top of a mesa overlooking downtown St. George, has been appraised at between $42 million and $46 million.
St. George already has $17.2 million in federal funds and a promise for another $90 million to build the $190 million replacement airport located about seven miles southeast of town.
Mayor Dan McArthur said he remains optimistic that the state will provide some kind of financial support for the new airport.
"Our whole goal is to get the airport built. The governor has always said the new airport is of vital economic importance to the entire state," McArthur said. "Our legislators are still hopeful. We are exploring any and all options."
"There may be other options that don't include the state buying the entire airport site. It's a little early to say anything like that," Mortensen said. "We don't necessarily need the money this legislative session. We're still in discussions with our state legislators. There could be a lot of different options out there."
But any developer would have to wait four or five years after his purchase before he could start developing the old airport site, for that airport must keep operating until the new one is ready.
And House Majority Leader Dave Clark, R-Santa Clara, says any developer must "discount" his purchase price for the old airport because he's tying up money he can't get a return on for four or five years.
Thus, no private developer could afford to pay market value for the old airport.
Unfortunately, Curtis says, even though the state has a lot of extra cash this year, there also are many demands on that money. The state itself may not want to tie up monies for four or five years until the new airport is ready, especially since the general economic downturn across the country is making state revenues less secure, Curtis said.
Recent comments
The city of St George and their team of developers want the state to...
Toxic dump | Feb. 15, 2008 at 7:15 p.m.
This should be a deal that is largely funded by private enterprise....
D. Black | Feb. 15, 2008 at 5:05 p.m.
The state should collaborate with private conservation organizations...
Susan F. Fleming | Feb. 15, 2008 at 12:19 p.m.
- NFL: Week 12 recap 12:50 a.m.
- '12 Days' bill would top $87K 12:35 a.m.
- Study finds autism therapy works 12:35 a.m.
- Boy shot following traffic stop 12:35 a.m.
- Sports on the air 12:24 a.m.
- Herbert builds his team of rivals 12:21 a.m.
- Corroon a step closer to governor 12:21 a.m.
- Monday on TV 12:18 a.m.
- Editorial: East, West and religion 12:17 a.m.
- A deficit commission? 12:17 a.m.
- Hall mouths off about hate of Utah
- BYU is champion of the state
- Cougars beat Utes in overtime
- Credit Coug defense for win
- Marriage definitions vary widely
- Field goals, penalties doomed Utes
- Cougar defense rose to occasion
- Banged up Jazz get best of Blazers
- Jones' joy for life remembered
- Fantasy is reality for BYU professor
- Hall mouths off about hate of Utah
869 - Cougars beat Utes in overtime
473 - Max Hall issues apology
145 - BYU is champion of the state
137 - Man trapped in Nutty Putty cave dies
117 - Cave to be sealed with body inside
116 - Rivalry Week is highly profane
90 - Hall's legacy measured today
79 - Hall's pain reflects self-betrayal
68 - Utes fall to Seattle U. at home
65
I wanted to tell them not to go. I dropped subtle hints. "My money is on...
When I was a kid, I worshipped my grandpa. He was undoubtedly my hero....
I find it interesting that many of the same people who say that we can't...
None of these teams is going to be easy. They all have fine football...
Max, no apology was necessary, but the apology was polically correct. If...
Very good piece of writing, Amy. You summarized what many of us have been...
How is a top 25 finish make Utah a top twenty team? I think what the poster...
90% of the BYU & Utah fans have class, and Hall knows it. If you don't...
This might be my favorite article I've ever read from the Deseret News. Kudos.
Thank you for not giving up and don't give up now brother and sister...
Dr. Lois Lee's work with children who are victims of child sexual...
Look at the preview for Pixar's "Up". The whole move is summarized in...


