Ordinance 71348
Airport Debt Service Stabilization Fund to the Airport Revenue Fund
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.
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Overview
Legislative History
Legislative activities and outcomes for this board bill. Learn more about what these activities mean.
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04/30/2021
First Reading
Bill text was introduced (175.21 KB PDF).
04/30/2021Referred to a Committee
The bill was assigned to the Transportation and Commerce Committee.
05/25/2021Committee Hearing
The bill was passed out of committee with a recommendation of do pass during the Transportation and Commerce Committee hearing.
05/27/2021Second Reading
06/04/2021Perfection
The bill was passed.
06/10/2021Engrossment
The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.
06/11/2021Third Reading
The bill was passed.
06/11/2021Delivered to Mayor
06/15/2021Mayor Returns Bill
The bill was approved.
06/15/2021Delivered to Register
06/28/2021Register Returns Notice with Ordinance Number
Register returns ordinance number 71348. Effective date is 06/14/2021
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