36. Conduct a Public Hearing to Approve and Adopt a TEFRA Resolution for Application

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

The Lee Board of County Commissioners is considering a TEFRA Resolution for AFCO Airport Real Estate Group. This resolution would allow AFCO Airport Real Estate Group, located at Southwest Florida International Airport, to use Public Finance Authority Air Cargo Obligated Group Revenue Bonds for capital improvement project costs. The bonds are not an obligation of the County or Port Authority and will be paid only from the revenues of AFCO Airport Real Estate Group RSW. This item is currently under review and will be presented at a public hearing. If approved, the project would involve capital improvements funded by these bonds. Contractors, suppliers, and service providers interested in potential work related to these capital improvements are encouraged to reach out to AFCO Airport Real Estate Group early in the process, before specific plans, bids, and permits are finalized, to understand the scope and timing of opportunities.