Firm to settle with county

DESTIN, Fla. -- Miracle Strip Aviation, one of two fixed-base operators at Destin Airport, has agreed to a plan that would settle its $485,000 debt with the county by 2019. The Okaloosa County Commission is scheduled to vote on the plan Tuesday. Under the plan, Miracle Strip Aviation, recently purchased by Mississippi-based Regal Capital, will pay the county $150,000 upfront, make $100,000 in major renovations to the county-owned terminal at Destin Airport and repay the remaining $235,382 at 4 percent interest over six years. Miracle Strip Aviation amassed the debt because of an error in the county’s billing system. (Source: Northwest Florida Daily News, 03/17/13)