Local News
Provo City Council reapproves $20 million sales tax revenue bond for airport expansion
The Provo City Council reapproved a resolution Tuesday to issue $20 million of transportation sales tax revenue bonds for the Provo Airport terminal expansion after two concerns arose following its initial approval. Jimmy McKnight, Provo's public works administration division director, told the Council on Tuesday that since passing the resolution on Dec. 16, the city learned it needed to hold an additional public hearing on the matter to comply with federal tax law, because it intends to repay the 15-year bond early with airport revenue. The reliability of the transportation sales tax ...
