With the delivery of Stark County's $100,000, commissioners from both counties decided that Summit County Commissioners would purchase the property and operate, maintain and further develop it under the CAA. Summit County agreed to name the new airport Canton-Akron Memorial Airport. To fulfill their obligation to the joint facility, it was also decided that Stark County would provide 48.10 percent of the cost of the land. Summit County agreed to pay 51.9 percent of the land cost, giving them control over the operation and maintenance of the airfield. Operating revenues were restricted to an airport fund for operational purposes only.
Governance of the bi-county airfield came in the form of a board of trustees — two appointed by the Summit County Commissioners and two by the Stark County Commissioners. The trustees met quarterly, appointed the Airport superintendent and employees, fixed pay, and adopted rules and regulations. The trustees were also responsible for preparing plans and specifications for capital improvements, subject to the approval of the Summit County Commissioners. In March of 1944, the first four trustees were appointed: Henry H. Timken Jr. and F.S. Wilkins from Stark County, and Lon L. Tighe and Gillum H. Doolittle from Summit County. When Mr. Tighe died, he was replaced by Arthur F. Ranney. The agreement was rewritten in 1948 and again in 1955, when the board was increased from four to eight members. The airport was governed in this manner until October 1964. Then the Board of County Commissioners of both Stark and Summit Counties approved the creation of the Airport Authority pursuant to section 308 of the Ohio Revised Code. This newly enacted State legislation allowed the two counties to form the first bi-county Airport Authority in the State of Ohio. The airport has been governed by an Airport Authority since that date.