That sales agreement will be with The Rockefeller Group, a New York City-based commercial real estate developer and broker.
That resolution also authorized the airport to negotiate a purchase option with Rockefeller for another 199 acres adjoining the 250 acres.
Those properties are in Allen and East Allen townships.
Any sales will be subject to approval by the authority board.
The authority passed a second resolution designating “all remaining flight path properties as disposition properties for potential future development, reuse and/or sale.”
Those five properties, which total 299 acres, are northeast of the airport in Hanover Township, Northampton County.
Buesing voted against both resolutions, but did not explain the reason for his votes.
Iannelli said the airport has had a good relationship with Rockefeller, but the board’s action allows local developers an opportunity to partner with the airport on other parcels.
The authority intends to use income from the land sales to help pay off a multi-million-dollar legal judgment against it. Proceeds from a sale of Braden Airpark also would be used to pay that debt.
According to the legal settlement’s payment schedule, the authority must pay $3 million before the end of 2013, $5 million in 2014 and $6 million in 2015. It paid $2 million last December.
Also during the meeting, it was announced that Brian Sinnwell, planning and facilities director at Lehigh Valley International Airport, has accepted the position of deputy executive director for planning and engineering at Louisville Regional Airport Authority in Louisville, Ky.
“He has served the airport authority with distinction for the past 12 years,” said Everett.
Pawlowski told the authority he has convinced senior planning officials at US Airways to come to LVIA in late October to meet with airport officials and local corporate leaders about how local air service might be increased.