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Board approves up to $120 million financing and Clay Lacy lease package at John Wayne Airport over dissent
Summary
After a public hearing, the Orange County Board approved a financing and lease package to support Clay Lacy Aviation improvements at John Wayne Airport. Vice Chair Foley and other supporters said the project upgrades airport facilities; Supervisor Wagner opposed, calling the deal "crony capitalism." The measure passed 4–1 in roll call.
The Orange County Board of Supervisors approved a resolution authorizing revenue obligations of up to $120,000,000 and related lease amendments and assignment for Clay Lacy Aviation at John Wayne Airport following a public hearing and a divided discussion.
Vice Chair Foley, who moved the item, said the financing would support new terminals, hangars and office space for general aviation customers and that the…
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