Farfetched? Not really, considering that they just voted to close the airport!
The City has absolutely no authority and no legal means to close the Santa Monica Municipal Airport. The City has binding agreements made in 1948 and later with the government of the United States to maintain and operate the airport as an airport forever.
The airport land, purchased in 1926 for an airport, like the land under the metro or the 10 freeway or PCH is not city property, free and clear, to do with as they wish or as the whim strikes them. Over the last half-century, the City has spent millions of taxpayer dollars on one magic potion after another trying to get control of the land, but swill as much of this expensive draught as the taxpayers are willing to stomach, the fact remains: The Federal Government says the airport must remain open and operating in perpetuity.
Government bodies, city councils included, can vote on anything they want. There is no limit no matter how foolish, or ignorant, or asinine those votes might be. The limit to their powers becomes apparent when they attempt to implement an ill-conceived, illegal, or idiotic vote.
The sooner the City accepts this simple fact and begins to avail itself to the cornucopia of federal funding available to improve operations at the airport, the better. The Municipal Airport is more than simply self-sustaining; it is an enormous economic engine for Santa Monica. It generates hundreds of millions of dollars a year for the city even as the city fathers treat it like a bastard child. Imagine what this airport could do with the unreserved and much deserved support of the City. The sky, no matter what color it may be, is the limit.