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watsonvll airport tiff-6/12/14 – 1825 –  PMD

a proposed loan to the watsonville airport is generating CONTROVERSY.   the 5 million dollar loan is to be used to balance the airport’s books by paying off a DEFICIT, however the watsonville pilots association says the airport doesn’t need a loan, and instead it needs to be in charge of its own hangar revenue.  at the present airport assets go in to the city’s general fund, and end up financing non-revenue generating DEPARTMENTS, such as police and fire.  the city’s HANDLING of the airport’s finances has remained an issue with the pilots association for the last 3 decades.

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