35. Conduct a Public Hearing to Approve and Adopt a TEFRA Resolution on behalf of

Lee Board of County Commissioners · 2026-05-19 · agenda_item

This item involves a TEFRA Resolution for AFCO Airport Real Estate Group, located at Southwest Florida International Airport. The resolution will allow the group to use Air Cargo Obligated Group Revenue Bonds for capital improvement project costs. These bonds are not an obligation of Lee County or the Port Authority and will be paid only from the revenues of AFCO Airport Real Estate Group RSW. This matter is currently under review by the Lee Board of County Commissioners. The project would involve capital improvements funded by revenue bonds, potentially including site preparation, construction, and specialized trades depending on the specific capital needs. Local contractors, suppliers, and service providers are encouraged to engage with AFCO Airport Real Estate Group early in this process, before final plans and permits are established, to understand potential opportunities.