- 14 - In 1992, NITCO purchased and paid approximately $781,000 for a new computer to perform its own billing and collections work. NITCO also hired additional employees to operate the new computer and to perform this work. Thereafter, employees of NITCO utilized this computer to perform NITCO's billing and collections work. During 1987 through 1989, NITCO had no specific and definite plans to buy a computer to perform its billing and collections work. F. Long Range Planning and Discussions Concerning a Proposed Airport in or Near NITCO's Service Area At various times during 1987 through 1989, long-range planning and discussions were taking place concerning a proposed new airport in Indiana to service the Chicago, Illinois, area. Proponents of the airport project anticipated that the proposed airport eventually would be needed, because Chicago's O'Hare airport was already being heavily used. The proponents believed that, as O'Hare airport's maximum air traffic capacity was reached (which some of them predicted could occur as early as 2010 through 2020), much of the increased air traffic to the Chicago area would have to be accommodated at a new Indiana airport. During the years in issue, 4 of the 15 possible sites in Indiana discussed for the proposed airport were either in or near NITCO's service area. However, a final decision concerning thePage: Previous 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Next
Last modified: May 25, 2011