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City staff seeks council backing to pursue UDOT bridge loan for airport apron expansion
Summary
Provo Airport director presented financing plans for an apron expansion tied to MAG and FAA funding; staff requested council resolution ahead of final loan adoption to bridge cash-flow until MAG funds arrive in 2028.
Provo Airport Director Brian Torgetts told the council on Jan. 14 that staff will ask the council in February to adopt a resolution supporting a short-term loan from UDOT to bridge a cash-flow gap for the airport apron expansion.
Torgetts said the project is the apron build-out to support a future 10-gate terminal. He said funding already committed includes $16.9 million from the Mountainland Association of Governments (MAG), which will not be available until 2028, and $11.9 million from the Federal…
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