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Pitkin County outlines schedule for airport, landfill and joint‑dispatch financings
Summary
County officials and municipal adviser Piper Sandler briefed commissioners Dec. 2 on three planned financings: airport revenue bonds (up to $340 million authorized by voters), a landfill expansion bond targeted to price in early Feb. 2026, and a certificate‑of‑participation for a joint dispatch center. Staff said federal grants will be considered before final bond sizing.
Pitkin County commissioners were briefed Dec. 2 on the timing and structure of three major borrowing plans that staff expect to bring to the board in 2026: Aspen‑Pitkin County Airport revenue bonds, bonds for a landfill expansion and a certificate of participation (COP) to help finance a regional joint dispatch center.
Robin Moore, municipal adviser with Piper Sandler, told commissioners the airport financing is the most complex and furthest advanced in planning. Voters approved a ballot question that allows the county to issue up to $340,000,000 of airport revenue bonds; Moore said the financing will likely combine revenue bonds, grants, passenger facility and customer facility charges, and possibly some fund‑balance. Recondo was retained to complete a feasibility study that will inform revenues, expenses and the bond structure; Moore said that study is a critical input before the county moves to underwriting and…
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