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Board authorizes up to $800 million in airport revenue bonds for Sacramento airport projects
Summary
Supervisors voted to authorize issuance of Series 2025 Airport System Revenue Bonds to fund airport expansion projects including new gates, baggage handling upgrades and apron improvements.
The Sacramento County Board of Supervisors on July 8 authorized issuing airport revenue bonds in an amount not to exceed $800 million to finance projects at Sacramento International Airport and refund certain outstanding airport bonds. County debt staff described financing plans that would fund construction of additional gates at Concourse B, baggage handling improvements, and apron expansion; staff estimated new-money needs around $412 million tied to project…
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