Changes OK'd for airport contract

CentralOhio.com

FREMONT -- The Sandusky County Regional Airport board of trustees approved a motion Wednesday to make changes to a contract with a company interested in drilling wells on the airport property for oil.

Gene Cardi, who was representing M&M Royalty Ltd., said the airport could receive 12.5 percent in royalties if oil was found on the property. The airport could receive between $3,000 and $20,000 per month, he said, noting the airport would be paid off the top before the investors.

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Changes OK'd for airport contract »