Board Bill Number 188 | Session 2019-2020

Airport Debt Stabilization Fund Transfer

Summary

This bill authorizes the transfer of $13,727,769 from the Airport Debt Service Stabilization Fund to the Airport Revenue Fund to make funds available to mitigate rates in the Fiscal Year beginning July 1, 2019. This is in accordance with the five-year Airport Use and Lease Agreement that commenced on July 1, 2016.

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Overview

Session: 2019-2020

Sponsor: Marlene E Davis

Ordinance: 71103 effective 03/18/2020

Committee: Transportation and Commerce

Legislative History

Legislative activities for this board bill. Learn more about what these activities mean.

  • 01/10/2020

    First Reading

  • 02/14/2020

    Second Reading

  • 02/21/2020

    Perfection

  • 03/06/2020

    Third Reading

03/06/2020 Final Passage Vote Results

Aye Votes
26
Nay Votes
0
Vote Totals

View vote details

Ordinance

Ordinance Number: 71103

Effective Date: 03/18/2020

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