If the Gerald R. Ford International Airport means to keep up in the travel world and draw a low-cost carrier to the hub, the proposed $138 million parking ramp will be part of the incentive. Some Kent County commissioners cited rising costs as the reason they voted to approve the bond now, and not delay any longer.
According to excerpts from the story:
When Kent County commissioners approved the airport’s bond request last week, Commissioner James Vaughn made like Jeff Gordon and uttered his support of the motion in what is likely record time, maybe 1.5 nanoseconds. But Vaughn had a reason for putting his voice, if not his pedal, to the metal, as he said, “Let’s hurry up before it goes up again.”
At first blush the airport revenue bonds were expected to total $120 million, but reached $130 million last week. Those proceeds will go toward a $138 project that features a new parking ramp that will open in two years. Bond backers see the ramp as an attractive amenity that will help draw a low-cost carrier to the airport.
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