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City flags planned $1B-plus airport revenue bond to support terminal project
San Antonio City Council · January 21, 2026
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Summary
Staff told council it will seek approval in April to issue approximately $1 billion to $1.2 billion in airport revenue bonds to finance a terminal development program tied to a $1.3 billion guaranteed-maximum-price contract with Hensel Phelps, with a market sale in June and closing in mid-July.
City staff told the council they plan to seek authorization in April to issue roughly $1 billion to $1.2 billion in airport revenue bonds to finance terminal development and enabling CIP projects.
Troy said the city has about $740 million of outstanding…
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