County of Cabarrus, North Carolina Installment Financing Contract), Series 2016

Total Page:16

File Type:pdf, Size:1020Kb

County of Cabarrus, North Carolina Installment Financing Contract), Series 2016 PRELIMINARY OFFICIAL STATEMENT DATED MARCH 1, 2016 NEW ISSUE – BOOK-ENTRY-ONLY Rating: Moody’s: Aa2 S&P: AA Fitch: AA (See “RATINGS” herein) In the opinion of Bond Counsel, under existing law and subject to compliance with the provisions of the Internal Revenue Code of 1986, as amended (the “Code”), as described herein, the portion of the Installment Payments designated and paid as interest with respect to the 2016 Limited Obligation Bonds is excludable from the gross income of the owners thereof for federal income tax purposes. In addition, such interest is not a specific item of tax preference for purposes of the federal alternative minimum tax imposed on corporations and other taxpayers, including individuals. Further, the portion of the Installment Payments designated and paid as interest with respect to the 2016 Limited Obligation Bonds is exempt from all present State of North Carolina income taxes. For a description of certain provisions of the Code that may affect the tax treatment of the portion of the Installment Payments designated and paid as interest with respect to the 2016 Limited Obligation Bonds for certain owners thereof, see the caption “LEGAL MATTERS - TAX TREATMENT” herein. $71,230,000* Limited Obligation Bonds (County of Cabarrus, North Carolina Installment Financing Contract), Series 2016 S COUNT RU Y Evidencing Proportionate Undivided Interests R 1792 S A E B A A L in the Right to Receive Certain Revenues Pursuant to C an Installment Financing Contract Between N A the Cabarrus County Development Corporation and the O N RT LI H CARO COUNTY OF CABARRUS, NORTH CAROLINA Dated: Date of Delivery Due: As shown on the inside cover This Official Statement has been prepared by the County of Cabarrus, North Carolina (the County“ ”) to provide information on the Cabarrus County Development Corporation Limited Obligation Bonds (County of Cabarrus, North Carolina Installment Financing Contract), Series 2016 (the “2016 Limited Obligation Bonds”). Selected information is presented on this cover page for the convenience of the user. Investors must read the entire Official Statement to obtain information essential to making an informed investment decision. Security: The 2016 Limited Obligation Bonds, together with any Additional Obligations (as defined herein) outstanding under the Indenture (as defined herein), evidence proportionate undivided interests in the right to receive certain Revenues (as defined herein) pursuant to an Installment Financing Contract dated as of March 1, 2016 (the “Contract”), between the Cabarrus County Development Corporation (the “Corporation”) and the County. As security for its obligations under the Contract, the County will execute and deliver to a deed of trust trustee for the benefit of the Corporation a Deed of Trust, Security Agreement and Fixture Filing dated as of March 1, 2016 (the “Deed of Trust”), granting, among other things, a lien of record on the Premises (as defined herein). The Corporation will assign all of its rights in the Deed of Trust and the Contract (except certain rights with respect to indemnification, the payment of certain expenses and receipt of certain notices) to the Trustee (as defined herein). The Deed of Trust grants a first lien of record on the Premises, subject to Permitted Encumbrances (as defined in the Deed of Trust). THE PRINCIPAL OR REDEMPTION PRICE OF AND INTEREST WITH RESPECT TO THE 2016 LIMITED OBLIGATION BONDS ARE PAYABLE SOLELY FROM AMOUNTS PAYABLE BY THE COUNTY UNDER THE CONTRACT, AND TO THE EXTENT PROVIDED IN THE INDENTURE, CERTAIN PROCEEDS OF THE SALE OF THE 2016 LIMITED OBLIGATION BONDS, CERTAIN INVESTMENT EARNINGS, CERTAIN NET PROCEEDS (AS DEFINED IN THE CONTRACT), IF ANY, AND CERTAIN AMOUNTS REALIZED FROM ANY SALE OR LEASE OF THE PREMISES. NONE OF THE CONTRACT, THE 2016 LIMITED OBLIGATION BONDS OR THE INTEREST WITH RESPECT THERETO CREATES A PLEDGE OF THE FAITH AND CREDIT OF THE COUNTY WITHIN THE MEANING OF ANY CONSTITUTIONAL DEBT LIMITATION. NO DEFICIENCY JUDGMENT MAY BE RENDERED AGAINST THE COUNTY FOR ANY AMOUNTS THAT MAY BE OWED BY THE COUNTY UNDER THE CONTRACT, AND THE TAXING POWER OF THE COUNTY IS NOT AND MAY NOT BE PLEDGED DIRECTLY OR INDIRECTLY OR CONTINGENTLY TO SECURE ANY MONEYS OWING BY THE COUNTY UNDER THE CONTRACT AND DUE THE OWNERS OF THE 2016 LIMITED OBLIGATION BONDS. See the caption “SECURITY AND SOURCES OF PAYMENT” herein. Redemption: The 2016 Limited Obligation Bonds are subject to optional, extraordinary optional and mandatory sinking fund redemption before maturity as described herein. Executed and Delivered Pursuant to: The 2016 Limited Obligation Bonds will be executed and delivered pursuant to the Indenture. Purpose: Proceeds of the 2016 Limited Obligation Bonds will be used to provide funds (a) to pay a portion of the costs of (i) constructing and equipping new public school facilities and expanding, rehabilitating, renovating and equipping existing public school facilities including, but not limited to, one new elementary school and two new middle schools, and (ii) various real and personal property improvements related to the foregoing (collectively, the “2016 Project”) and (b) to pay certain expenses incurred in connection with the execution and delivery of the 2016 Limited Obligation Bonds. Interest Payment Dates: April 1 and October 1 of each year, commencing October 1, 2016. Denominations: $5,000 or integral multiples thereof. Closing/Delivery Date: On or about March 31, 2016. Registration: Full book-entry only; The Depository Trust Company. Trustee: Regions Bank, Atlanta, Georgia Bond Counsel & Corporation Counsel: Nexsen Pruet, PLLC, Charlotte, North Carolina County Counsel: Richard M. Koch, Esq., Charlotte, North Carolina Underwriters’ Counsel: Pope Flynn, LLC, Charlotte, North Carolina. Piper Jaffray & Co. J.P. Morgan The date of this Official Statement is March __, 2016. This Preliminary Official Statement and the information contained herein are subject to completion or amendment without notice. The 2016 Limited Obligation Bonds may not be sold nor may offers be accepted prior to the time Official offers not be sold nor may Bonds may The 2016 Limited Obligation This Preliminary contained herein are subject to completion or amendment without notice. Official Statement and the information any jurisdictionObligation Bonds in any sale of the 2016 Limited nor shall there be buy, to Under no circumstances shall this Preliminary to sell or the solicitation of an offer Official Statement constitute an offer form. in final Statement is delivered prior of that jurisdiction. or qualification under the securities to registration be unlawful laws solicitation, or sale would in which such offer, * Preliminary; subject to change. MATURITIES, AMOUNTS, INTEREST RATES AND YIELDS $71,230,000* Limited Obligation Bonds (County of Cabarrus, North Carolina Installment Financing Contract), Series 2016 DUE PRINCIPAL APRIL 1* AMOUNT* INTEREST RATE YIELD CUSIP 2017 $3,565,000 2018 3,565,000 2019 3,565,000 2020 3,570,000 2021 3,565,000 2022 3,565,000 2023 3,565,000 2024 3,565,000 2025 3,560,000 2026 3,560,000 2027 3,560,000 2028 3,560,000 2029 3,560,000 2030 3,560,000 2031 3,560,000 2032 3,560,000 2033 3,560,000 2034 3,555,000 2035 3,555,000 2036 3,555,000 * Preliminary; subject to change. IN CONNECTION WITH THIS OFFERING, PIPER JAFFRAY & CO. AND J.P. MORGAN SECURITIES LLC (TOGETHER, THE “UNDERWRITERS”) MAY OVER-ALLOT OR EFFECT TRANSACTIONS THAT STABILIZE OR MAINTAIN THE MARKET PRICE OF THE 2016 LIMITED OBLIGATION BONDS AT A LEVEL ABOVE THAT WHICH MIGHT OTHERWISE PREVAIL IN THE OPEN MARKET. SUCH STABILIZING, IF COMMENCED, MAY BE DISCONTINUED AT ANY TIME. No dealer, broker, salesman or other person has been authorized to give any information or to make any representation other than as contained in this Official Statement, and if given or made, such other information or representation must not be relied upon. This Official Statement does not constitute an offer to sell or the solicitation of any offer to buy, nor will there be any sale of the 2016 Limited Obligation Bonds by any person in any jurisdiction in which it is not lawful for such person to make such offer, solicitation or sale. The information set forth herein has been obtained from the County, the Corporation and other sources that are deemed to be reliable. The electronic distribution of this Official Statement does not constitute an offer to sell or the solicitation of an offer to buy the 2016 Limited Obligation Bonds described herein to the residents of any particular state and is not specifically directed to the residents of any particular state. The 2016 Limited Obligation Bonds will not be offered or sold in any state unless and until they are either registered pursuant to the laws of such state, or qualified pursuant to an appropriate exemption from registration in such state. NEITHER THE 2016 LIMITED OBLIGATION BONDS NOR THE INDENTURE HAVE BEEN REGISTERED WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION BY REASON OF THE PROVISIONS OF SECTION 3(A)(2) OF THE SECURITIES ACT OF 1933, AS AMENDED AND SECTION 304(A)(4) OF THE TRUST INDENTURE ACT OF 1939, AS AMENDED. THE REGISTRATION OR QUALIFICATION OF THE 2016 LIMITED OBLIGATION BONDS AND THE INDENTURE IN ACCORDANCE WITH APPLICABLE PROVISIONS OF SECURITIES LAWS OF THE STATES IN WHICH THE 2016 LIMITED OBLIGATION BONDS AND THE INDENTURE HAVE BEEN REGISTERED OR QUALIFIED, AND THE EXEMPTION FROM REGISTRATION OR QUALIFICATION IN OTHER STATES, WILL NOT BE REGARDED AS A RECOMMENDATION THEREOF. IN MAKING AN INVESTMENT DECISION, INVESTORS MUST RELY ON THEIR OWN EXAMINATION OF THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. THE 2016 LIMITED OBLIGATION BONDS HAVE NOT BEEN RECOMMENDED BY ANY FEDERAL OR STATE SECURITIES COMMISSION OR REGULATORY AUTHORITY. FURTHERMORE, THE FOREGOING AUTHORITIES HAVE NOT CONFIRMED THE ACCURACY OR DETERMINED THE ADEQUACY OF THIS DOCUMENT.
Recommended publications
  • FAA Annual Runway Safety Report 2009
    Air Traffic Organization Annual Runway Federal Aviation Administration 800 Independence Avenue, SW Safety Report 2009 Washington, DC 20591 2009-AJS-129 A Message from the FAA Administrator Dear Colleagues: We’re making progress on the issue of runway safety, but as an agency and as an industry, we need to do more. This report details the strides we’ve made over the last year. It also includes our next steps to take what is arguably one of the safest locations in all of aviation— a U.S. runway— and make it safer still. In the long term, runway safety is very, very good. Last year, we had 25 serious runway incursions. That’s out of more than 58 million operations. Serious runway incursions have dropped by more than half since 2001. Nine of those 25 serious incursions last year involved commercial aircraft. The 25 incursions were up one from the previous year, which was an all-time low. But the 2008 totals show that we must increase our vigilance. Last year, runway incursions of all types increased by some 13 percent over 2007, rising from 891 to 1,009. So far in fiscal year 2009, the data look promising with a projected drop in total incursions for the full year by some five percent and an accompanying reduction in serious incursions by at least 50 percent. These data are encouraging. But while the actual runway incursion numbers are still a very thin slice of overall operations, as an aviation professional, I believe that very good is still not good enough.
    [Show full text]
  • NC Transportation Powerpoint Template 16X9
    The State of Aviation in North Carolina North Carolina Association of Metropolitan Planning Organizations Bobby Walston, P.E., NCDOT Aviation Director April 26, 2019 Three Related Topics for Today • Airports, aviation and economic impact • NDCOT Division of Aviation role • STI funding for airports and collaboration with MPOs and RPOs 2 72 Airports | 10 Commercial Service | 62 General Aviation 94% of North Carolina’s population live within a 30-minute drive of a public airport 3 North Carolina: The State of Aviation What Aviation Means to Our Economy Based on 2017 airport data 4 N.C. Airports Move People & Products, Boosting Tax Revenues and the Economy • Operations – 4 million annual airport operations (take-offs and landings) • Passenger Service & Airlines – 62 million annual passenger boardings – 14 commercial airlines fly to 187 destinations A single $1.5 million – 14,000 airline jobs – 8th highest state for airline employment aircraft based at – 12% airline job growth 2014-2017 Asheboro Regional Airport • Support Industries pays local property taxes – 3,300 based aircraft – 13 rental car companies equivalent to 10 – 60 retail shops – 70 food service businesses $150,000 homes. • Cargo Service – 850,000 tons, $23 billion, 2,500 jobs 5 Emerging, Transformational Area of Aviation for Metro Areas Urban Air Mobility 6 Routine medical package delivery for pay began in Wake County in March 7 NCDOT - Division of Aviation Mission Promotes the economic well being of North Carolina through air transportation system development and aviation safety
    [Show full text]
  • Allegiant Air Terminal Orlando
    Allegiant Air Terminal Orlando Undersea dysphonic, Wood disenables snares and azotize micrographer. Jiggered Ollie Latinised or mediating some Allynspearfish is relieved unflatteringly, enough? however furthermost Zak fordone introrsely or argufy. Drizzling and likeable Cam pesters: which Carry-on Luggage What Can therefore Bring on a strait in 2019. Sign up passengers go in between terminals or budget hotels, college of more info advacned items you go along with you make you buy them! How many Ziploc bags can shower take took a plane? Important things a car rental cars as a gate areas where can log or waiting. Such as Pease to focus cities like Orlando-Sanford International and Las Vegas. New Jersey crime news, a more. One restroom is located to these right of the fail and escalator. Allegiant Airlines Announces Three Florida Destinations From. Flight bath was great. There are some money in budget traveler facilitiestourist informationtourists can i smoke at political scene. Flight Info Huntington Tri-State Airport. Coast without the weary and drink options for standing to customers. Are also find local news on allegiant air terminal orlando airport officials discussed with orlando sanford international airport you go places, terminal b serves international. To orlando sfb has returned to increase in elementary education with allegiant air terminal orlando international airport provides a captcha? Find more on saginaw, orlando as well as adds or use cookies do you directly north carolina continue with horizon coach lines may differ from allegiant air terminal orlando will receive a suggestion selection. Allegiant Air is adding a friendly more flights to its ban at.
    [Show full text]
  • Safety Management Systems Manual
    DRAFT COPY SAFETY MANAGEMENT SYSTEMS MANUAL 9000 Aviation Boulevard Concord, North Carolina 28027 (704) 920-5900 (704) 793-1215 FAX This SAFETY MANAGEMENT SYSTEMS MANUAL is the property of Name: _______________________________ Employee #: __________________________ Address: _____________________________ _____________________________ Phone#: _____________________________ Each employee issued this SAFETY MANAGEMENT SYSTEMS MANUAL shall (1) upon request or (2) upon separation from the Concord Regional Airport, surrender this publication to the Airport Director or his/her authorized representative. SAFETY MANAGEMENT INTRODUCTION I SYSTEMS CONTENTS Pg. 1 MANUAL I. INTRODUCTION II. PREFACE III. RECORD OF REVISIONS IV. REASON FOR REVISION V. SAFETY MANAGEMENT SYSTEM 1.0 Airport Safety Policy 1.1 Process for Setting Goals 2.0 Manual Purpose 2.1 Manual Control 3.0 General Description of a Safety Management System 3.1 Airport Safety Management System 4.0 Quality Assurance and SMS 4.1 Quality Assurance Programs 5.0 SMS Organization Chart 5.1 Individual Responsibilities Related to SMS 6.0 Training 7.0 SMS Components 8.0 The SMS Committee and How the System Works 8.1 SMS Committee Purpose 8.2 SMS Committee Responsibilities 8.3 SMS Committee Members 8.4 Committee Meetings 9.0 SMS Process Flow Chart 10.0 Employee Reporting 10.1 Non-Punitive Reporting Policy 10.2 How to Report 10.3 What to Report 10.4 Reporting Process 11.0 Quality Assurance Findings 12.0 Hazard Identification 12.1 Hazard Identification Process 13.0 Risk Management 13.1 Definitions 13.2 Risk Management Policy 13.3 Hazard Identifications 13.4 Risk Assessment 13.5 Risk Management SAFETY MANAGEMENT INTRODUCTION I SYSTEMS CONTENTS Pg.
    [Show full text]
  • NC Transportation Powerpoint Template 16X9
    March 4, 2016 NCDOT - Division of Aviation Bobby Walston, NCDOT, Division of Aviation Director John Lennon, NCDOT Board of Transportation Member North Carolina Aviation First in Flight 2 Transportation North Carolina’s Aviation System 72 Publicly Owned Airports in North Carolina 3 Transportation Aviation in North Carolina Annually: • 28.4 million total passenger enplanements • 3.2 million total aircraft operations • Over 1.3 billion pounds of air cargo Pilots, Aircraft and Mechanics •17,760 Pilots • 6,987 Aircraft (625 Business Aircraft) •18,702 Mechanics 4 Transportation Annual Economic Contribution of NC’s System of Publically Owned Airports Commercial and General Aviation Airports provide more than $31.1 billion in economic impact each year. Source: NC State University, Institute for Transportation Research and Education, 2016 5 Transportation Annual Economic Contribution of NC’s System of Publically Owned Airports - Commercial and General Aviation Airports support over 123,000 jobs throughout North Carolina. - Commercial and General Aviation Airports support jobs which result in more than $4.1 billion in personal income. Source: NC State University, Institute for Transportation Research and Education, 2016 6 Transportation Annual Tax Revenues collected because of NC’s System of Publically Owned Airports State and local governments received more than $910 million in sales, property, corporate, and personal taxes due to airport activity. $550 million in state tax revenue related to business activity. $360 million in local tax related to airport business activity. Source: NC State University, Institute for Transportation Research and Education, 2016 7 Transportation Aerospace Manufacturing Industries in NC - NC aerospace manufacturing industries provide more than $10.5 billion in economic impact each year.
    [Show full text]
  • Allegiant Celebrates New Nonstop Service Between Concord and Orlando
    Allegiant Celebrates New Nonstop Service between Concord and Orlando December 20, 2013 6:00 AM ET ALLEGIANT CELEBRATES NEW NONSTOP SERVICE BETWEEN CONCORD AND ORLANDO COMPANY OFFERS INTRODUCTORY ONE-WAY FARES AS LOW AS $49 FOR DOWNLOADABLE BROADCAST QUALITY VIDEO VISIT: http://gofly.us/qSnzY ·Allegiant Orlando B-Roll footage CONCORD, N.C. Dec. 20, 2013 - Allegiant (NASDAQ: ALGT) today celebrates new nonstop jet service between Concord and Orlando via Orlando / Sanford International Airport. The company, known for its exceptional travel deals, will offer introductory fares as low as $49* one way. "We are pleased to extend our affordable and convenient travel option to the residents of Concord," said Andrew C. Levy, Allegiant Travel Company President. "We are confident the community will appreciate the convenience of flying nonstop to Orlando and the value of bundling their air, hotel and car rental reservations together." The new flights will operate twice weekly between Concord Regional Airport (USA) and Orlando / Sanford International Airport (SFB). Flight days, times and the lowest fares can be found at Allegiant.com. Allegiant will be the first commercial service for Concord Regional Airport, a cheaper and easier alternative to flying out of Charlotte Douglas International Airport. "This has been a great partnership between the City of Concord and Allegiant," said Rick Cloutier, Aviation Director of Concord Regional Airport. "We are excited about the start of scheduled service at Concord Regional Airport. These flights to Orlando will provide a great service to the community and we look forward to working with Allegiant to continue growing our partnership." Located in the heart of Central Florida, Orlando is home to the world's most exciting theme parks and has plenty of shopping, dining, outdoor activities and entertainment.
    [Show full text]
  • Newsletter, Sept
    Learning Together SEC-AAAE Journal Sept. - Oct. 2016 Industry committee FAA Wants to start work on Pilots to Get humanPersonal spaceflight AVL SUMMER PASSENGER Mental Health safetyDevelopment standards Checks SpaceNewsTraining NUMBERS REACH ALL-TIME HIGH Justice News Flash WASHINGTON — With The Federal Aviation LEADERSHIP AND the MANAGEMENT:Federal Aviation Administration (FAA) AdministrationVidit impetus per ad. restricted Et mei AIR SERVICE IS STRONG AND recently announced it fromharum developing urbanitas, sale safety is undertaking efforts to assum elitr an quo. Eu nam GROWING regulations for people urge pilots to seek help quando splendide scribentur, flyinget novumon commercial ceteros his, utinam for mental health humandelenit ... placerat sea an. Asheville Regional Airport served more passengers in June issues. through September 2016 than in any other summer in its COMMUNICATION SKILLS: history. June, July and August numbers were up year/year Mea ex etiam quando, sit at by 2.2%, 4.8% and 6.7% respectively. And in what is Newcibo Surveyerat minim, his dicta normally a "shoulder season" month with dips in passenger FAA Holds First Revealssuscipit ne. IncreasingUt est dolore numbers compared to previous summer months, this Unmanned iuvaret. Eripuit antiopam September, a 16% increase was documented year/year, Interestcotidieque inat mei. Nisl with 77,428 total passengers served. Aircraft Safety movet ubique at quo, partem Parachutelegendos et vel. Team Meeting "Air service at AVL is strong, and growing," said Lew Data Privacy + Security Recovery Systems Bleiweis, A.A.E. executive director. "All four airlines at AVL TIME MANAGEMENT: Insider for General - Allegiant, American, Delta and United - have a solid Possim voluptua id sea, ea Building on the copiosae recusabo recteque number of seats for sale in our market, they offer excellent Aviation Aircraft success of the PR vis.Newswire Ea elitr melius (press explicari connectivity to the world, and passengers are buying per, cu quas idque graecis tickets." government-industry release)pro.
    [Show full text]
  • A WORLD of AIR ELITE, Volume 1
    A WORLD OF Vol. 1 | Q4 2016 A part of Contact a sales representative today +1 281 280 2100 [email protected] worldfuelcolt.com Air Elite Magazine ii Vol. 1 | Q4 2016 Air Elite Magazine 1 Vol. 1 | Q4 2016 Contents Alliance Aviation Services, Fort Worth, TX KAFW – A Founding Member of the Air Elite Network exemplifies the prin- ciples of Air Elite. Both the 2017 Schedulers & Dispatchers Conference February 7-10, 2017 and the NBAA Regional Forum March 23, 2017 will be held in Fort Worth, Texas. Welcome to A World of DIAMOND SERVICE LOCATIONS Air Elite Magazine 5 The FBOs of Air Elite BY JOHN RAU, Executive Vice President, Aviation & Marine, World Fuel Services INDUSTRY NEWS page 3 12 Flying To Cuba Still Restricted, But Easier A Bright Future Ahead BY WILL HOLROYD Sales & Marketing Director, 13 What’s New in Aviation Harrods Aviation, Chairman, Air Elite Network Board page 4 Air Elite Magazine 1 Vol. 1 | Q4 2016 Contents Northeast Air On the Cover: 47 Year Old Northeast Air refreshes facility and commits Jackson Jet Center located in Boise, ID (KBOI) to customer service promise. provides a full service facility with a contem- porary interior design. The conference room’s Page 14 picture window provides a portal for the his- toric war aircraft on display for pilots and pas- sengers. The 50+ foot bronze tree installed in Pazos Kicks Off New FBOs Inaugural the lobby was designed and commissioned by a local artist as a tribute to the beauty of the Calendar With A Sonic Boom! outdoors you’ll enjoy when arriving in Idaho.
    [Show full text]
  • March 26, 2020 Notices to Airmen
    U.S. Department of Transportation Federal Aviation Administration NOTICES TO AIRMEN Domestic/International March 26, 2020 Next Issue April 23, 2020 Notices to Airmen included in this publication are NOT given during pilot briefings unless specifically requested by the pilot. An electronic version of this publication is on the internet at http://www.faa.gov/air_traffic/publications/notices Air Traffic Products and Publications Team NOTICES TO AIRMEN - March 26, 2020 JANUARY − 2020 FEBRUARY − 2020 MARCH − 2020 SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT 1ËËË2 3 4 1 1 2 3 4 5 6 7 ËËË 5 6 7 8 9 10 11 2 3 4 5 6 7 8 8 9 10 11 12 13 14 12 13 14 15 16 17 18 9 10 11 12 13 14 15 15 16 17 18 19 20 21 19 20 21 22 23 24 25 16 17 18 19 20 21 22 22 23 24 25 26 27 28 ËËË 26 27 28 29 30 31 23 24 25 26 27 28 29 29 30 31 ËËË ËË ËËË ËËË ËË APRIL − 2020 MAY − 2020 JUNE − 2020 SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT 1 2 3 4 1 2 1 2 3 4 5 6 ÊÊÊÊÊ ÊÊÊÊÊÊÊÊ 5 6 7 8 9 10 11 3 4 5 6 7 8 9ÊÊÊ7 8 9 10 11 12 13 ËËË ÊÊÊÊÊ ÊÊÊÊÊÊÊÊ 12 13 14 15 16 17 18 10 11 12 13 14 15 16ÊÊÊ14 15 16 17 18 19 20 ËËË ËË 19 20 21 22 23 24 25 17 18 19 20 21 22 23 21 22 23 24 ËËË25 26 27 ËËË ËË 26 27 28 29 30 24 25 26 27 28 29 30 28 29 30 ËËË 31 JULY − 2020 AUGUST − 2020 SEPTEMBER − 2020 SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT SUN MON TUE WED THU FRI SAT 1 2 3 4 1 1 2 3 4 5 ËËË 5 6 7 8 9 10 11 2 3 4 5 6 7 8 6 7 8 9 10 11 12 ËËË 12 13 14 15 16 17 18 9 10 11 12 13 14 15 13 14 15 16 17 18 19
    [Show full text]
  • National Transportation Safety Board Aviation Accident Final Report
    National Transportation Safety Board Aviation Accident Final Report Location: CHARLOTTE, NC Accident Number: MIA99FA180 Date & Time: 06/14/1999, 1257 EDT Registration: N421LL Aircraft: Cessna 421C Aircraft Damage: Destroyed Defining Event: Injuries: 4 Fatal Flight Conducted Under: Part 91: General Aviation - Executive/Corporate Analysis An aircraft mechanic stated one of the airplanes engines was making an unusual noise during takeoff. An Air Traffic Controller stated the flight used about 4,500 feet of runway before lifting off. About 1 minute after being cleared for takeoff, the pilot reported 'were coming around were losing a right engine'. The controller and a witness observed the airplane level off, sway to the left and right, and then descend. The pilot reported he was not going to make it. The airplane was lost from sight behind trees. Post crash examination of the airplane structure, flight controls, engines, and propellers showed no evidence of pre-crash failure or malfunction that would have prevented operation. The landing gear and wing flaps were found retracted. The left and right propellers were found in the low blade angle position and had similar damage. An NTSB sound study of ATC communications showed that at the time the pilot reported they were not going to make it, a propeller signature showed 1,297 rpm and another propeller signature of 2,160 rpm. The engine inoperative procedure contained in the Pilot Operating Handbook for the Cessna 421C, calls for the throttle on the inoperative engine to be closed, the mixture placed in idle cut-off, and the propeller feathered. The Pilot Operating Handbook also showed the airplane would normally use 2,000 feet of runway for takeoff under the accident conditions.
    [Show full text]
  • Statesville Regional Airport (SVH) ORGANIZATIONAL ASSESSMENT & MARKET ANALYSIS Final Technical Report August 2016
    Statesville Regional Airport (SVH) ORGANIZATIONAL ASSESSMENT & MARKET ANALYSIS Final Technical Report August 2016 PREPARED FOR: The City of Statesville 301 S. Center Street Statesville, North Carolina 28687 PREPARED BY: Parrish & Partners of North Carolina, PLLC 1801 Stanley Road, Suite 150 Greensboro, NC 27407 ACCEPTED BY: ____________________________________ John Ferguson, AAE, Airport Manager ____________________________________ Larry Pressley, City Manager ____________________________________ City Councilman Organizational Assessment & Market Analysis Final Technical Report (August 2016) TABLE OF CONTENTS TABLE OF CONTENTS ............................................................................................................................................ ii LIST OF EXHIBITS .................................................................................................................................................. iv LIST OF TABLES ..................................................................................................................................................... vi EXECUTIVE SUMMARY .......................................................................................................................................... 1 Chapter 1 - STRATEGIC VISIONING..................................................................................................................... 3 1.1 INTRODUCTION .........................................................................................................................
    [Show full text]
  • 2008 Airport Master Plan
    ROWAN COUNTY AIRPORT MASTER PLAN October 2008 ROWAN COUNTY AIRPORT MASTER PLAN Table of Contents Introduction ............................................................................................................................... 1 1.1 Goals and Objectives of a Master Plan ............................................................................................. 1 1.2 Study Purpose ....................................................................................................................................... 2 1.2.1 Key Issues ......................................................................................................................................... 2 1.2.2 Airport Layout Plans ....................................................................................................................... 3 Inventory ................................................................................................................................... 4 2.1 Surveys ................................................................................................................................................... 4 2.2 Regional Overview ............................................................................................................................... 4 2.2.1 Area Airports .................................................................................................................................... 4 2.2.2 Vicinity Obstructions .....................................................................................................................
    [Show full text]