Originally Posted by N42AH
Whats the price tag for all this work? And how is it being funded?
$50K engineering/plans by http://www.hwlochner.com/services_aviation-hexagon.html
$75K for drainage improvements prior to runway constructions (200+ trailers of silt trucked off) https://dougreeves.smugmug.com/52F-A...-Improvements/
$659K for new runway with Portland cement mixed in down to 12 inches, asphalt top and paint. Self-funded by less than 30 property owners investing $25K each for a 5% return paid back over 6 years. No banks were involved, other than to hold the money. Work did not begin until all the money was deposited (that's what was voted on by a majority of the property owners a year and a half ago). Yearly assessments based on hangar square footage services the debt. In all probability the runway will be paid off in 5 years, not 6.
2560 x 1920 pixel image from today:
The 'you won't believe it unless you read it
' history of 52F going back to 1969 can be read at: https://drive.google.com/file/d/0B_8...ew?usp=sharing
The comment was made that the packed dirt in place now is BETTER than the old runway. Not a joke!