Candidate for
Director; Santa Maria Public Airport District

The Santa Maria Public Airport District Board of Directors should embrace and follow a more conservative fiscal policy when making decisions affecting the District's fiscal resources. The District is currently in the fortunate position of having significant capital reserves ($8-9 million). These reserves, supplemented with prudent sources of debt equity, should be used to"jump start" the Airport's Research Park and Golf Course Project. The combination of available capital reserves and the liklihood of financing from the California Infrastructure and Economic Development Bank (CIEDB) should be adequate to begin infrastrucure projects for the Research Park and Golf Course as soon as possible.