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The Fort Worth City Council was presented with plans from Dallas Fort Worth International Airport to borrow up to $3 billion this year and up to $9 billion for the next four years for various construction projects.
During the March 31 work session, Brian Butler, Dallas Fort Worth International Airport executive vice president and Chief Financial Officer, addressed the plans with council members.
Fort Worth City Council will vote on the request at the April 28 meeting, he said.
What’s happening? Butler said some of the major projects at DFW Airport are the new Terminal F, the expansion at Terminal C and redoing International Parkway, which includes removing the left-hand turn lanes.
“Whenever we're looking to issue debt, it does require the city of Fort Worth to improve the issuance of that debt. We've also been working to modernize our bond ordinances,” said Butler, who was at his first Fort Worth meeting.
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