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Ryan Releases $695,000 For Improvements At Illinois Airports
SPRINGFIELD -- Governor George H. Ryan today approved the release of more than $695,000 in state funds for improvements at airports throughout the state to help meet growing demand for air service and to improve safety.
"As we move into the 21st Century, the importance of airports to the state's economy will continue to grow," Ryan said. "I am committed to keeping Illinois a leader in air transportation so that it can support economic growth."
The governor approved the release of $114,000 in state airport "Series B" bond funds for expansion of a runway apron and construction of an access taxiway at the Greater Peoria Regional Airport. This project will accommodate more aircraft and allow for increased business now and in the future. Work is expected to begin this fall and be completed next summer. Total cost for this project is $2.31 million with the state funds being combined with the $115,300 in local funds and $2.08 million in federal funds.
At Danville Vermilion County Airport, the Governor released $100,487 for rehabilitation of the T-hanger taxiways revitalizing deteriorating taxiways worn by age. The work is scheduled to begin and be completed by the end of the year. Total cost for this project is $170,000 with the state funds being combined with $69,513 in local funds.
In Wheeling and Prospect Heights, Governor Ryan released $355,012 for construction of a southeast quadrant parking lot and transient apron at the PalWaukee Municipal Airport. These funds will also be utilized to remove obstructions around the airport. The total cost for the entire project is $620,000, making the local portion $264,988. Work is expected to begin this fall with completion scheduled before the end of the year.
Other projects included in today's release of state bond funds include:
Federal funding will be secured for each project by combining state funds with local funds. The lone exception is the Parks Airport project, which is funded with state and local funds only on a 50/50 matching basis.
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