Paying for airport construction

Amarillo, Texas - The City of Amarillo has worked out a plan to pay for current airport improvements.

The Commission today approved the issuance of Certificates of Obligation to fund constructing, improving, renovating and equipping the Rick Husband Amarillo International Airport terminal building and other areas.

The obligation amount will be $18-million.

The money will be repaid through passenger facility charges and available airport entitlement funds.

The renovations should be complete in 20 months.