A resolution to authorize the issuance of a transportation sales tax revenue bond for the Provo Airport expansion was discussed in a Provo City Council work session Tuesday and will be presented to the council following a public hearing on Dec. 16.

As part of the planned construction schedule, the city is proposing the issuance of a 15-year, $20 million bond, not to exceed 6%, toward airport construction that would be repaid by $11 million in a 1/4-cent transportation sales tax and $13 million in Passenger Facility Charges, or PFC, revenue.

“This is taking revenues that were already planned for the project, bringing them forward to today so we can use the (funds) for construction,” airport director Brian Torgerson said during the work session.

The Provo Airport expansion will build the airport out to 10 gates — two of which will accommodate international arrivals — and expand ticketing and baggage-processing areas.

Provo has $140.3 million pledged in project funding from various entities, according to figures from Torgerson’s presentation.

That includes $68.4 million plus $13 million in bond interest from Utah County and $20.5 million plus an anticipated additional $10 million from the FAA. Mountainland Association of Governments will fund $16.9 million, and the state of Utah has appropriated $10.5 million to the project.

From Provo, $11 million of funds will come from transportation sales tax and $13 million from airport reimbursements.

The first phase of construction started in April by building an apron on the north side of the airport for aircraft to park.

The bond issued by the city will help fund the next phases of construction, which build out the north side of the airport.

Phase two will build ticket counters, check-in counters and the baggage-handling system, Torgerson said, while phase three will build four gates, among other infrastructure.

Torgerson said the foundation work for phase two will be completed in February 2026, at which time the foundation work for phase three will begin.

“We’re pretty excited about this,” he said. “We’re just finishing the final design on phase three. Phase two is already under construction.”