Viewing page 108 of 166

–86–

(2) The 180 acres of land at Washington Dulles International Airport is being offered at no cost to the Smithsonian Institution on a long term lease. It might be argued that the land in question may not always be available on such favorable terms. Placing the shuttle in the interim facility will essentially secure the land for the future use of the Smithsonian.

(3) The current efforts of the Air and Space Heritage Council have generated national and international enthusiasm and could serve as a basis for fund raising for future construction or programmatic needs.

The Institution is advised that the WDTS will undertake to have public service revenue bonds in the amount of about $9,000,000 issued by Fairfax County. The bonds would be serviced by the proceeds from the parking, theater and shop concessions at the Dulles museum. The museum itself would have no admission fee. Any excess income over the amount needed to service bonds would flow to the National Air and Space Museum: any deficit would be covered by the Washington Dulles Task Force. The Smithsonian Institution could get any time exercise an option to take over the debt, paid it off, and receive the full income stream from the concessions. At the end of the twenty years, the building would be paid off and revert to the Smithsonian. It would be the Smithsonian's responsibility to operate the interim facility. Presently it intends to finance these operations out of the current National Air and Space Museum project by shifting operations from the Museum and from the Garber Facility to the Dulles facility, though this course of action requires further analysis.

A site selection process undertaken by the firm of Dewberry & Davis, and a construction estimate by the Gilbane Building Company, both on a complimentary basis, indicate that the probable best site for the interim facility and the proposed Dulles Wing is the 180-acre tract mentioned
Please note that the language and terminology used in this collection reflects the context and culture of the time of its creation, and may include culturally sensitive information. As an historical document, its contents may be at odds with contemporary views and terminology. The information within this collection does not reflect the views of the Smithsonian Institution, but is available in its original form to facilitate research. For questions or comments regarding sensitive content, access, and use related to this collection, please contact transcribe@si.edu.