Title
Airline Minimum Revenue Guarantee
Recommendation
That the Board of Supervisors review and renew the commitment of $250,000 from the Headwaters Community Investment Fund for a minimum revenue guarantee for additional airline service to Redwood Region Economic Development Commission for the California Redwood Coast- Humboldt County Airport, effective immediately and with a duration of one year; and authorize the Chair of the Board to execute a one-year grant contract, once a new air service contract is executed, in the amount of $250,000 from the Headwaters Community Investment Fund for a minimum revenue guarantee for additional airline service to Redwood Region Economic Development Commission for the California Redwood Coast- Humboldt County Airport.