Kelowna
 File Photo: Kelly Hayes - Castanet |
Airport borrowing on agenda
Kelowna City Council is expected to approve the borrowing of more than $45 million for improvements at Kelowna International Airport when it meets Monday.
Council is being asked to approve the borrowing of the funds from the Municipal Finance Authority of B.C. as part of its Spring 2008 issue.
Kelowna Council passed a bylaw back in December authorizing the funds for improvement projects at the airport.
Revenues from Airport Improvement Fees will will repay all costs of borrowing the funds.
Improvements at the airport include extension of the current runway, expansion of the terminal building, construction of a new car rental terminal, and additional vehicle parking.
Construction is expected to be complete by 2010.
Council is being asked to approve the borrowing of the funds from the Municipal Finance Authority of B.C. as part of its Spring 2008 issue.
Kelowna Council passed a bylaw back in December authorizing the funds for improvement projects at the airport.
Revenues from Airport Improvement Fees will will repay all costs of borrowing the funds.
Improvements at the airport include extension of the current runway, expansion of the terminal building, construction of a new car rental terminal, and additional vehicle parking.
Construction is expected to be complete by 2010.
Read more Kelowna News
Related Links
City of Kelowna
Kelowna Discussion Forum
Airport Arrivals
Airport Departures
Kelowna's Cultural District
Tourism Kelowna
Kelowna Transit
Kelowna Road Closures
William R. Bennett Bridge
Central Okanagan Regional District
District of Peachland
District of Lake Country
Interior Health
UBC Okanagan
Okanagan College
School District 23
City of Kelowna
Kelowna Discussion Forum
Airport Arrivals
Airport Departures
Kelowna's Cultural District
Tourism Kelowna
Kelowna Transit
Kelowna Road Closures
William R. Bennett Bridge
Central Okanagan Regional District
District of Peachland
District of Lake Country
Interior Health
UBC Okanagan
Okanagan College
School District 23
Kelowna Council Archive
Visit our Kelowna Council audio page for live broadcasts and schedules.
Castanet pays for news tips. Email us a news tip, photo, or video and your name will be in a draw for our weekly news tip prize $25. Email us news@castanet.net
FEATURED Property
Click here to feature your property
Please wait... 
Kelowna SPCA Featured Pet
- Greenway underpasses closed May 22
- Former Miss Kelowna earns gold May 22
- New middle school for Upper Mission May 22
- Victim services honour BC Liquor Stores May 22
- Power back on in East Kelowna May 21
- Tuesday crash sends 4 to hospital May 21
- Quiet start to the summer season May 21
- Stabbing arrest May 21
- Last day to register for PlayOn! Kelowna May 21
- Thunderstorm watch in effect May 21
