Description
Authorization for the issuance of bonds and acceptance of a $30 million TIFIA loan to finance the construction of a new commercial service terminal and associated infrastructure at McKinney National Airport.
Impact summary
This approval allows the city to move forward with a key phase of the airport expansion, leveraging federal financing at a favorable rate to reduce long-term debt costs.
Applicant
- Name
- McKinney Community Development Corporation
At a glance
- Hearings
- 1
- Public comments
- 1
- Total mentions
- 0
Last vote
Approved4–0, unanimous
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