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11:28 am
Fri August 9, 2013

Board Approves Bonds for Tulsa Airport Projects

The security checkpoint at Tulsa International
Credit KWGS News File Photo

TULSA, Okla. (AP) — Tulsa airport officials have approved the issuance of more than $77 million in bonds to pay for two renovation projects at Tulsa International Airport.

The Tulsa Airports Improvement Trust board approved the bond projects Thursday. One project, involving $42.5 million in bonds, would pay for the renovation of Concourse A. The second $35 million bond issue would fund future renovations to the rental car facility on site.

The Tulsa World reports that the rental car renovations have not been finalized, but they have been narrowed to either adding a new parking garage or adding a level to the existing garage.

Renovation work on Concourse A is expected to begin early next year, but workers will begin relocating gates next month. The project is expected to take about 18 months.