by Sam Hieb
Winston-Salem Journal reports a deal may have been reached between the city and Forsyth County to provide Smith Reynolds Airport with some economic relief that ostensibly will assist with expansion plans.
The Journal’s article did not get into the details of the deal, preliminary aspects of which involved partial de-annexation and cuts in stormwater fees. Bottom line is the latest proposal— which the City Council’s finance committee has approved—-states the “city and county will each contribute $1.2 million over eight years by paying out $150,000 each.”
The contributions could go toward $25 million in capital improvements the airport hopes to carry out over the next four years. So $1.2 million over eight years seems like a drop in the bucket, but what do I know…