A new private hanger is currently under construction at the Yoakum Municipal Airport. Travis McKee, of McKee Construction, is constructing the metal building at his own expense on the east side of the airport entrance. It will have space to easily house two airplanes.
McKee obtained a 30 year ground lease from the City of Yoakum. At the end of the lease ownership of the hanger will revert to the City. McKee will then have first right to rent at a pre-established rate; otherwise the hanger will be available for rent at then current rates.
City Council approved the agreement at its June meeting.
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Dr. Thomas Tunstall, primary researcher at the Institute of Economic Development at University of Texas at San Antonio, shared this presentation at the Yoakum EDC 2019 Business Appreciation Luncheon.