TITLE
Recommendation to receive and file the "Long Beach Airport-Financing of Proposed Terminal Improvements" report. (District 5)
DISCUSSION
At its meeting of April 4, 2006, the City Council requested the City Manager to prepare a report, reflecting the estimated costs of project alternatives outlined in the Airport Terminal Improvements EIR, including a financial risk assessment for each project and potential financing options.
The attached report includes a summary of financing strategies and the risks associated with these strategies relative to the Long Beach market.
TIMING CONSIDERATIONS
City Council requested the City Manager to return within six weeks (prior to May 30th) with the attached report.
FISCAL IMPACT
None.
SUGGESTED ACTION
Approve recommendation.
Respectfully Submitted,
NAME |
APPROVED: |
TITLE |
|
|
|
|
GERALD R. MILLER |
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CITY MANAGER |