Ordinance 71348

Airport Debt Service Stabilization Fund to the Airport Revenue Fund

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Summary

This ordinance 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, 2020. This is in accordance with the five-year Airport Use and Lease Agreement that commenced on July 1, 2016.

Overview

Session: 2021-2022

Board Bill Number: 9

Sponsor: Shane Cohn

Effective: 06/14/2021

Legislative History

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

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