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 concerns a planned public hearing for the Lee Board of County Commissioners to approve and adopt a TEFRA Resolution for AFCO Airport Real Estate Group. This resolution will allow AFCO Airport Real Estate Group, located at Southwest Florida International Airport, to use 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 solely from the revenues of AFCO Airport Real Estate Group RSW. This action is currently under review. The project would involve capital improvements, potentially including site preparation, construction, and related infrastructure work, funded by these revenue bonds. Local contractors, suppliers, and service providers should consider reaching out to AFCO Airport Real Estate Group to learn more about potential opportunities as this project moves forward, as early engagement can provide an advantage before final plans and permits are established.