Staff recommends a presentation on this topic to provide background information needed regarding future action on a lease of Airport property to NorthWestern Energy.

The Airport's property extends about a third of the way down Airport Road toward the Billings Heights.  On the south side of the road, the Airport's most easterly property boundary abuts the existing NorthWestern Energy power substation located between the Airport and the Heights.  NorthWestern Energy is interested in expanding this substation location and would like to lease land from the Airport to do the expansion.  The Work Session presentation will explain in further detail why this is an important project for NorthWestern Energy and the Billings area.  Representatives from NorthWestern Energy will be available to provide information and to answer questions after the presentation.

Not applicable at this time.

Airport will generate annual lease revenues during the term of the lease.