Posting Language
Title
Approve an ordinance authorizing the issuance and sale of City of Austin Airport System Revenue Bonds, Series 2019B (AMT), in an amount not to exceed $300,000,000 in accordance with the parameters set out in the ordinance, authorizing related documents, and approving related fees be accomplished by February 28, 2020.
De
Lead Department
Treasury Office.
Fiscal Note
This item has no fiscal impact.
For More Information:
Belinda Weaver, Interim Treasurer (512) 974-7885.
Council Committee, Boards and Commission Action:
June 11, 2019 - to be reviewed by the Austin Airport Advisory Commission.
Additional Backup Information:
The Bonds are being issued to provide funding related to infrastructure improvements at the airport, including, additional funding for the Airport Terminal/Apron Expansion project, for the construction of a consolidated maintenance facility, for the design and remodel of the Information Technology building and other improvements throughout the Airport.
The Airport Terminal/Apron Expansion and Improvement project will include nine new passenger boarding gates, four of which will be flexible in design to accommodate both domestic and international flights. The Aviation Department and Airlines identified additional needs that include gate modifications, modifications to the mezzanine level, a centralized operations center, build-out of apron level airline tenant space and the replacement of aging baggage claim devices.
The Consolidated Maintenance Facility (CMF) will support the functions of multiple Department of Aviation divisions. Building Maintenance, Airline Maintenance, Motor Pool, Field Maintenance, Asset Management and Warehouse functions will all be consolidated in the new CMF. APD support services will also be included in the facility. The new CMF will connect airport maintenance functions into a single, efficient location and contain all the conditions necessary for a working environment.
The design and ...
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