On Monday March 9, at a Special Meeting of the Sedona-Oak Creek Airport Authority (SOCAA), the Board that oversees the Sedona Airport on behalf of Yavapai County voted twice to further the development of the airport and to secure its financial future. The first vote was to accept a loan offer from WIFA (Water Infrastructure Finance Authority) of Arizona of $1.67 million at a rate of 3.784% for a term of 23 years. The vote passed in a 5-1 vote of the 7-member board.