Coffs runway revamp
THE runway at Coffs Harbour Regional Airport will be resurfaced at a cost of $5.5 million.
The existing runway will be milled and replaced with a 50mm asphalt-concrete overlay.
A loan subsidy taken out by the Coffs Harbour City Council through the State Government will fund the works.
"The airport is a vital component of the region's future economic sustainability and the project will provide great community benefit by maintaining the main runway at Coffs Harbour Regional Airport to Boeing 767 standard," State Member for Coffs Harbour Andrew Fraser said.
"It is a vital upgrade to meet the future growth of the region and accommodate current and future jet operations.
A recent assessment found the existing runway was showing signs of surface deterioration, requiring heavy patching and crack sealing.
First laid in 1985 and widened to 45 metres in 1998, the runway has exceeded its design life by eight to 10 years.
The council expects the upgrade will cause minimal disruptions to flights as the required work will occur at night.
It will borrow $5 million under a 4% interest subsidy loan over 10 years.
The State Government scheme aims to help councils unlock up to $1 billion worth of shovel-ready infrastructure projects including roads, bridges, community halls, libraries, paths, parks and airports.
Almost 100 funding applications were received and councils that missed out are urged to apply for the second round of funding later in the year.