Kokomo Standard

City of Marion issued the following announcement on Mar 12.

On Wednes­day, March 11th, 2020, the Mar­i­on Munic­i­pal Air­port received a grant from the Fed­er­al Avi­a­tion Admin­is­tra­tion (FAA) in the amount of $152,000 as a reim­burse­ment for the cost of con­struct­ing their Snow Removal Equip­ment (or SRE) Build­ing back in 2015. City of Mar­i­on Board of Avi­a­tion Pres­i­dent, Jim McK­in­ney, signed the paper­work Wednes­day, mak­ing the grant official.

McK­in­ney applied for the FAA grant and expressed grat­i­tude today for receiv­ing the reimbursement.

McK­in­ney said the grant allows them to pay back a loan in less than 5 years — some­thing he said the board has his­tor­i­cal­ly been able to do con­sis­tent­ly when bor­row­ing money.

About:

Mar­i­on Munic­i­pal Air­port web­site: http://www.marionairport.net/

Original source can be found here.