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Tupelo council approves short-term loan to airport authority to cover control-tower costs
Summary
The Tupelo City Council authorized city negotiators to draft a short-term loan of up to $685,758.14 to the Tupelo Regional Airport Authority to cover remaining costs for a recently completed control tower while federal grant funding is finalized.
On July 1, 2025, the Tupelo City Council authorized city officials to negotiate a short-term loan to the Tupelo Regional Airport Authority to cover remaining costs from construction of a new air-traffic control tower.
The council voted unanimously to let the mayor, the city attorney and the chief financial officer finalize terms for a loan not to exceed $685,758.14 and return the loan document to the council for approval on July 15. Ben Logan, the city…
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