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Committee agrees to amend airport bond ordinance to add issuance costs; items continued one week
Summary
The committee accepted the Budget Analyst's recommendation to increase the Airport Commission bond appropriation by $41 million to cover issuance costs and continued the bond items one week for final figures; the airport highlighted runway safety, terminal and baggage projects and projected job creation under the capital plan.
The Budget and Finance Committee considered a resolution and an ordinance authorizing the issuance of up to $502.2 million in bonds for the San Francisco Airport Commission’s capital plan and appropriating bond proceeds for capital improvement projects.
Julia Dawson, the Airport's budget manager, summarized the capital plan highlights — runway safety (a…
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