Cortland County Considers $20k Hangar Project to Accommodate Local Businessman's Airplane
Cortland based McNeil Insurance Company is expanding, and the company owner Dan McNeil is looking to buy a bigger airplane and is asking Cortland County to make renovations at the County owned airport to accommodate his new aircraft.
Yesterday, Cortland County lawmakers on the Highway Committee approved spending $20 thousand dollars to widen the door at one of the larger hangars at the County Airport.
The project is aimed at accommodating McNeil’s larger aircraft, according to McNeil’s attorney Fran Casullo, McNeil is opening new offices in California and in turn is looking at a larger plane to make the trip back and forth from Cortland to his new business interests on the West Coast.
In connection with the renovation project McNeil has agreed to pay the county over $5 thousand dollars for the new larger hangar door and related materials, the county’s share of the project would be nearly $15 thousand dollars to cover labor and other costs.
Currently, McNeil leases the hangar for just over $13 hundred dollars a month; he’s in the process of entering another five year lease for the property.
County attorney Ed Pursor says the lease should be signed before the project is approved to ensure the county is not spending money for a tenant that is not going to be using the facility.
Casullo assured lawmakers that Cortland will continue to be the headquarters for McNeil Insurance, he also pointed out that McNeil has invested as much as $30 thousand dollars in the hangar over the years to make improvements, which will benefit the county if he opts out of the lease in the future.
Highway committee Chair Dave Fuller supports the project, which will be funded from airport fuel sales revenue. Fuller says the renovation will benefit the airport, the county, and McNeil.
The full legislature will consider the project on the 24th; McNeil plans to sign a five year lease ahead of that meeting. The terms and conditions of the new lease were not released pending that upcoming meeting.