Peter Wadsworth gave a number-heavy presentation to the East Hampton Town Board on Tuesday, June 17, on behalf of the airport finance sub-committee.
After Cindy Herbst of Sound Aircraft Services again pleaded that the board reconsider increasing the fuel fee at East Hampton Airport from 15 to 30 cents, saying “it will surely close our business,” Mr. Wadsworth made the case in favor of the increase.
Mr. Wadsworth said that the airport fuel farm is “old,” “potentially hazardous” and in need of an upgrade that he estimated would cost over $600,000. “If you raised the fuel flowage fee today and ran it for five years that would be just about enough to pay for the upgrade of the fuel farm,” he said.
A resolution regarding the increase of the fuel flowage fee—which has not been changed since 1992—is on the agenda when the East Hampton Town Board’ meets today, June 19, at 6:30 p.m.