GOV
Ordinance 72187
STL 2026 Airport Financing
Summary
An ordinance recommended by the Board of Estimate and Apportionment authorizing and directing the issuance, establishment of terms and sale of Airport Revenue Bonds not to exceed $500 million to [effect the refunding of all or a portion of the City’s subordinated indebtedness incurred to provide interim financing and refinancing for the acquisition, expansion, construction, renovation and equipping or airport facilities and to finance the cost of the purchasing, extension, improvement or enlargement of the airport]; providing for the funding of any required debt service reserve funds and capitalized interest funds and for the payment of costs of issuance; appointing a trustee; approving and authorizing the preparation, execution and delivery of necessary or appropriate documents and actions; repealing inconsistent prior ordinances; and containing severability and emergency clauses.
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Overview
Co-Sponsors:
President Megan E Green
Legislative History
Legislative activities and outcomes for this board bill. Learn more about what these activities mean.
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06/18/2026
First Reading
Bill text was introduced (285.50 KB PDF).
06/18/2026Referred to a Committee
The bill was assigned to the Transportation and Commerce Committee.
06/25/2026Committee Hearing
The bill was held in committee during the Transportation and Commerce Committee hearing.
09/24/2026Committee Hearing
The bill was passed out of committee with a recommendation of do pass during the Transportation and Commerce Committee hearing.
The bill text was changed:
- Committee Substitute (1.21 MB PDF)
09/25/2026Second Reading
10/02/2026Referred to a Committee
The bill was assigned to the Legislation and Rules Committee.
10/02/2026Perfection
The bill was passed.
10/09/2026Committee Hearing
The bill was passed out of committee with a recommendation of do pass during the Legislation and Rules Committee hearing.
10/09/2026Engrossment
The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.
10/09/2026Third Reading
The bill was passed.
10/09/2026Delivered to Mayor
10/15/2026Mayor Returns Bill
The bill was approved.
10/15/2026Delivered to Register
10/16/2026Register Returns Notice with Ordinance Number
Register returns ordinance number 72187. Effective date is 10/15/2026
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