Georgetown Airport Going Regional?

It has been reported in the Wilco Sun that the City is considering a name change for the airport by appointing a committee to consider such a change.

During the regular meeting, the council will consider appointing two council members, City Manager David Morgan and two assistant city managers to a committee that will consider a request to change the Georgetown Municipal Airport’s name to the Johnny Gantt Regional Airport and the Airport Terminal Building to the Buz Landry Terminal Building.

Does this action presage a change in the type, size and frequency of aircraft usage at the airport?