Extra Aircraft Deadline Looms Closer

Jun 6th @ 4:07 pm in News by Scott Staley

EXTRA Aircraft logo

MONTROSE  -  The June 24th deadline for a Community Development Block Grant loan for Extra Aircraft is quickly approaching and nothing seems to have changed.  Everything is still in a holding pattern.  Region 10 economic development league Executive Director Paul Gray told the Daily Press that the community is still committed to bringing the Germany-based aircraft manufacturer to Montrose.  And although the delays do not mean there’s a problem the state, which is being asked to approve the loan, has set a number of conditions to be met by the 24th deadline. Gray has acknowledged that it’s not looking like some of those conditions will be met but says they’ll find other funding sources…
Source: Montrose Daily Press