One referendum would authorize $30 million in borrowing for conservation projects while a second referendum would authorize $40 million in bonds for affordable housing efforts.
Tag: Lew Bleiweis
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Asheville airport to borrow $275M for improvements
According to minutes from a March 17 meeting of the airport authority, work to be financed with the revenue bonds includes expansion and modernization of the terminal, construction of a central energy plant and a new air traffic control tower. While none of the debt will be the responsibility of Buncombe County taxpayers, the county Board of Commissioners must still approve the bond issue.
Former Commissioner Frost to plead guilty on fraud charge
According to a factual basis document filed on July 30 with the U.S. District Court for the Western District of North Carolina, Ellen Frost will likely admit to one count of conspiracy to commit federal program fraud, for which the maximum prison term is five years. Frost’s court date is scheduled for Monday, Aug. 17.
Asheville Regional Airport plans for future growth
Last year, AVL hosted over 1.13 million passengers, an 18.6% jump from 2017’s total and over 67% more travelers than used the airport five years prior. Tina Kinsey, the Greater Asheville Regional Airport Authority’s director of marketing, public relations and air service development, says the airport is now striving to manage its expansion and ensure its long-term path maintains a steady cruising altitude.