Salt Lake Airport can now spend money on rebuilding
ksl.com
SALT LAKE CITY — Airport officials have a green light to begin spending money on design and engineering for the redevelopment of Salt Lake City International Airport.
The Salt Lake City Council unanimously passed a resolution Tuesday night promising to reimburse the airport for capital expenses on the planned $1.8 billion airport rebuild. The city likely will use bond funds to reimburse the airport, though city officials don't plan to issue any bonds before 2014.
Roughly one-third of the project's price tag will be covered by the airport's cash reserves.
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