Hangar rates to increase at Newnan-Coweta Airport
by Clay Neely
An increase in hangar rates for existing tenants of the Newnan-Coweta County Airport/ Whitlock Field this year was passed Tuesday by the Newnan-Coweta Airport Authority.
“We’re below the market down here,” said Steve Swope, Airport Authority member.
Tenants of hangars A,B,C & D would see an increase of 11 percent, while those utilizing the airport’s tie downs would see an increase of 13 percent.
The total annual revenue gain is expected to be $9,360.00.
“Our occupancy is full and we currently have over 70 people on our waiting list,” Swope said. “Even if we lost half, we could fill it right back. This is a modest increase — just trying to get it up to the market level.”
The authority proposes a one month deposit to go on the hangar list. Once cleared on the list, the tenant is required to provide the first month’s rent. If a hangar comes open and the tenant doesn't take it, they would go to the bottom of the list.
The proposed rate increases would go into effect July 1, but the authority would ensure that all tenants would be contacted in regards to the matter by March 1.
“It's the responsible thing for us to do,” said Swope. “We are $2,500 below our local competitors and we’re still the best bargain. It won’t create any harm or pain for our tenants and get us closer to a market base. In a way, it will separate the pretenders from the real deal." “We haven’t made a hangar rate adjustment in over 12 years,” said Dale Pepper, airport authority chairman. “We charge a flat rate for each hanger with electricity but we needed to adjust for inflation since the cost of electricity has skyrocketed. We had to adjust it a little bit to offset our costs.”
Reg Weaver, project manager for the airport, spoke on the ongoing efforts of extending the taxiway. With the Federal Aviation Administration and Georgia Department of Transportation requiring another 400 feet of grading, the original task order was amended and approved. Airport officials are hopeful for a July completion date.
The Newnan-Coweta Airport is also undergoing a renovation of the terminal building, which is why the authority met in the commission chambers this month.
“Our building superintendent noticed some mold in some of the Sheetrock, so we called in and had them go pull it off, take a good look at it and found it in a couple of rooms,” said Pepper. “So we tore out the Sheetrock, treated everything, re-Sheetrocked it, painted it and re-carpeted. It was about a two-week job and we put up a temporary trailer in the meantime so we don’t have any employees or customers in the building.”
“Our position is, as the airport authority, that once it’s identified, we have to deal with it,” said Pepper of the mold problem. “We’re erring on the side of caution, that’s what we have to do. It may be inconvenient but it’s our responsibility.”