PASCO, Wash. - NBC Right Now continues to follow the Tri-Cities Airport expansion project.
Port commissioners formally agreed to move forward with the $36 million airport expansion Thursday but not without questions and concerns about how sequestration would affect the funding for the project.
The Port plans to use bonds to fund the expansion after consultants told port commissioners the airport can financially pay off the debt over 20 years through its operating revenue.
But commissioner Jim Klindworth says he's concerned with the government's state of flux and operations revenue falling short.
"The government is showing basically its dysfunctional at this point and building debt and cutting. I got to wondering who would pay that 22-million dollars if in fact the airport couldn't produce the money," Klindworth said.
Once the design phase is complete and the construction phase is set to begin, the Port can then decide whether to continue construction or break it into phases depending on the airport's revenues at that time.
Friday, December 6 2013 8:09 PM EST2013-12-07 01:09:02 GMT
The United States Attorney's Office for the Eastern District of Washington has filed a civil complaint under the False Claims Act against Washington Closure Hanford LLC.More >>
The United States Attorney's Office for the Eastern District of Washington has filed a civil complaint under the False Claims Act alleging that Washington Closure Hanford LLC (WCH) and others falsely claimed credit for awarding tens of millions of dollars-worth of federal subcontracting business to small businesses including woman-owned small businesses.More >>