AIRPORT PARKING PLAN LOOKS TO SOAR AHEAD.Byline: Katie Katie may refer to: In sports:
BURBANK Burbank, city (1990 pop. 93,643), Los Angeles co., S Calif.; inc. 1911. Tourism and the entertainment industry are central to its economy; several motion-picture studios and television headquarters are here. Burbank's aerospace industry collapsed with the end of the Cold War. - In another sign that Burbank Airport officials are giving up on their first choice for a new terminal site, administrators have recommended that a parking lot on the property be replaced with a costly elevated structure at another location. The 1,040-space lot on Lockheed “Lockheed” redirects here. For the character in Marvel Comics, see Lockheed (comics). For the current company, see . Lockheed Corporation (originally Loughead Aircraft Manufacturing Company) was an American aerospace company originally founded in 1912 Martin's former B-6 property is currently used for overflow parking for rental car companies and the airport's valet parking valet parking n. Parking arrangements provided by a commercial establishment, such as a restaurant, whereby patrons leave their cars at the entrance and attendants park and retrieve them. Noun 1. service. But since the property was put up for sale after airport and Burbank representatives could not agree on plans for a new terminal at the site, airport officials say they have been forced to look for an alternate location to meet their parking needs. Officials have recommended constructing a 613-space, elevated structure at Parking Lot C as a replacement for the spaces on the B-6 site. ``There is a general belief that the property will be sold, so we can't rely on it for our parking,'' said Victor Gill gill, in weights and measures gill, in weights and measures: see English units of measurement. , spokesman for the Burbank- Glendale-Pasadena Airport Authority. Gill refused to say whether any offers have been made on the property since it was listed in February. The proposal will be discussed today by an Airport Authority subcommittee sub·com·mit·tee n. A subordinate committee composed of members appointed from a main committee. subcommittee Noun . Officials have allocated $10 million to build the structure, Gill said. Plans for a new 14-gate terminal on the B-6 property called for 5,000 parking spaces, but Gill said ``that's irrelevant at this point.'' The escrow agreements Escrow Agreement A certificate provided by an approved bank that guarantees the indicated securities are deposited at that particular bank. Notes: For example, an investor who writes a call option and can present an escrow agreement is considered covered. with the city of Burbank required the 130-acre site to be put on the market if a deal could not be reached. After the Burbank City Council said in January it would not consider the 14-gate terminal without a new environmental review, the Airport Authority withdrew its application for the project. In February, the authority voted to conduct a study on an alternative site, a 14-acre parcel that is already zoned for airport use. Officials have been seeking to overhaul the airport's 71-year-old terminal since 1980. |
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