Yakima, WASH. - For more than 30 years the Yakima Airport has been jointly owned and operated by the city and the county, but that is all about to change.
Yakima City Manager Tony O'Rourke said the county no longer wants to share ownership. It was originally set up this way so the city and county could equally split all profits, losses and liabilities.
However, O'Rourke said after many discussions, they decided it was best to have just one entity in charge. He said this will lead to more accountability and faster decision making.
"This would greatly simplify our ability to review and discern what costs we can eliminate, what revenue opportunities we can try to leverage and create a much more viable successful asset as an airport," O'Rourke said.
Of course, the downside to sole ownership is bearing full responsibility for losses and liabilities. But the city said any future year-end losses could be removed by reducing administrative costs and overhead.
The city manager said it is too early to determine if some jobs will be cut, but it is a possibility.
Friday, December 6 2013 8:09 PM EST2013-12-07 01:09:02 GMT
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