Airport Master Plan November 1984

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' the County Seat, Princeton is doing much better because of the airport. 1 ` Virgil Barnes - 2807 Taylor Street - Stated that he is Airport Manager at Gateway and has visited many small towns with small ' airports and most of those towns are progressing or planning to progress or expand. The airport traffic levels we are talking about at Gateway in the near future would be no greater than ' the traffic level at Gateway 5 years ago. The initial local investment will be off -set 3 or 4 fold by the revenue generated from the airport being there. ' Commissioner Sieber referred to the local investment and the multiplying affect coming back to the City 3 or 4 fold and pointed out that in the best of cases, it would mean a 10-15% margin for ' Ramsey. Chairman Tppel referred to Mr. Babcock's comment that -one small ' store will.generate $40,000 in revenue for Ramsey and inquired as to what Ramsey has out here now that will attract that business to locate in Ramsey. He further commented that a growing . industrial park creates jobs and even if those employees don't ' live in Ramsey they will patronize businesses in the area. To develop an industrial park you need an attraction and an airport is an attraction that draws. ' Commissioner Greenberg agreed add stated. that a good portion of his business comes from- employees of businesses in the area.. Commissioner Sieber pointed out that an increase in business can ' also be attributed to the increase in population in Ramsey. ' Doug Lida. R Stated that supply and demand determines home values and an increase in employment- opportunities in Ramsey would increase'the'demand for homes. Mr. Leda also stated that first ' impressions also determine property values and first impressions you get coming into Ramsey on Cty. Rd. #47 and Sunfish Blvd, are not good. ' Chairman Ippel adjourned the public meeting at 10;36 p.m, ' Respectfully submitted, ' Sy : Xvia Prolik $ecre;tary AP /August 22, 1984 Public Meeting Page 10 of 10