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The Federal Aviation Administration(FAA) is currently reviewing the plan, and is expected to approve <br /> the plan, possibly with minor changes. The plan updates a 1981 Master Plan for the site, and covers a <br /> 20 year planning period, 1995 to 2014. The plan includes recommendations for acquisition of <br /> additional properties adjacent to the existing airport. <br /> Snohomish County currently requires that individual SEPA reviews be completed for each development <br /> proposal covered by the airport master plan. Projects that have completed SEPA review, but have not <br /> yet been constructed include: <br /> • The North Ramp Corporate Hangers, proposed near the entrance to Paine Field north of the <br /> Museum of Flight. This project is expected to be constructed in 1996. <br /> • Extension of Taxiway Foxtrot located near Minuteman Lane. <br /> The Bomarc Business Park has a Binding Site Plan which established an approved threshold of square <br /> footage buildout. Additionally, a Road Improvement Agreement is in place which defines the phased <br /> traffic mitigation required for full buildout authorized by the Binding Site Plan. These approvals are <br /> shown in Table 3. <br /> Table 3 <br /> Bomarc Business Park Approvals <br /> Full authorized buildout per binding site plan and Office Manufacturing Total <br /> road improvement agreement. 591,430 sf 850,070 sf 1,441,500 sf <br /> Phased development completed to date. 282,200 sf 459,530 sf 741,730 sf <br /> Future development approved in binding site 309,230 sf 390,540 sf 699,770 sf <br /> plan. <br /> Traffic mitigation installed in advance of 1,300,000 sf <br /> development. <br /> Phased development completed to date. 741,730 sf <br /> Future development not requiring traffic 558,270 sf <br /> mitigation. <br /> Paine Field Boulevard (Snohomish County Public Works) <br /> A SEPA and NEPA (National Environmental Policy Act) environmental review has been completed for <br /> construction of a new 1.16 mile roadway west of Paine Field to connect SR 525 and SR 526. A design <br /> report has been completed and money has been set aside to construct the road. Current plans include <br /> the construction of the roadway between the Winter of 1996 and the Summer of 1998. <br /> 21 <br />