FRIDAY, JUNE 29, 1990
3
ADVANCE FOR PROVISIONAL AIRPORT AUTHORITY APPROVED
OF
AUTHORITY
ΤΟ
THE FINANCE COMMITTEE TODAY (FRIDAY) APPROVED A COMMITMENT
THE $20 MILLION AS AN ADVANCE TO
PROVISIONAL AIRPORT FINANCE ITS ESTABLISHMENT AND INITIAL OPERATION.
ON OCTOBER 10 LAST YEAR, THE GOVERNOR IN COUNCIL ORDERED,
UP то INTER ALIA, THAT A PROVISIONAL AIRPORT AUTHORITY SHOULD BE SET
DEVELOPMENT PI'EPARE FOR THE
OF THE REPLACEMENT AIRPORT AND THAT AUTHORITY SHOULD
ΤΟ ESTABLISHED
CARRY AND MANAGEMENT OF THE
SUBSEQUENTLY AN AIRPORT FORWARD THE PLANNING, FUNDING, AIRPORT.
BE
DEVELOPMENT,
ON APRIL 4
A BILL PROVIDING FOR THE ESTABLISHMENT OF THE PROVISIONAL
COUNCIL AIRPORT AUTHORITY WAS PASSED BY THE LEGISLATIVE THIS YEAR AND THE RESULTANT ORDINANCE WAS GAZETTED ON APRIL 6.
APPOINTMENTS TO THE AUTHORITY WERE ANNOUNCED ON JUNE 15 AND THE FIRST MEETING WAS HELD ON THE SAME DAY.
TASK DURING ITS TENURE THE MAIN
OF THE PROVISIONAL AIRPORT HEADED BY A AUTHORITY WILL BE TO ESTABLISH A CORE MANAGEMENT GROUP,
THAT CHIEF EXECUTIVE OFFICER,
WILL BE
OF CAPABLE
OVERSEEING THE CONSULTAN IS ENGAGED TO PREPARE THE AIRPORT MASTER PLAN ENGINEERING DESIGN FOR THE AIRPORT, ESTABLISHING POLICIES ON FINANCIAL PROJECT MANAGEMENT, DETERMINING PROCUREMENT AND PROCEDURES, AND GENERALLY PLANNING FOR ACTIVITIES OF THE AIRPORT AUTHORITY.
THE
AND
CONTRACTING
ORGANISATION
AND
THE LEGISLATION FOR THE ESTABLISHMENT OF THE AIRPORT AUTHORITY
ALL THE ASSETS, WILL PROVIDE FOR THE AIRPORT AUTHORITY TO TAKE OVER LIABILITIES, POWERS AND DUTIES OF THE PROVISIONAL AIRPORT AUTHORITY.
THE LATTER WILL BE DEEMED TO BE DISSOLVED ON THE DATE WHEN AIRPORT AUTHORITY COMES INTO EXISTENCE.
THE
:
AT THE SAME TIME, ALL ADVANCES MADE TO THE PROVISIONAL AUTHORIT/ AS WELL AS GOVERNMENT DIRECT ATTRIBUTABLE TO THE NEW AIRPORT
BE EQUITY IN THE AIRPORT AUTHORITY.
WILL
CONVERTED INTO
WHICH EXPENDITURE
GOVERNMENT
AIRPORT IS
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