Key Decision Set For Gary Airport DevelopmentPosted: Updated:
The Gary/Chicago International Airport Authority Board could vote today on a 40-year, $100 million public-private investment partnership. Our partners at The Times of Northwest Indiana report a key decision on a proposal from Virginia-based Aviation Facilities Co. Inc. could take place with two vacant seats on the panel. Tom Collins, who was appointed by Governor Mike Pence and Richard Cavanaugh, who represents Porter County on the 7-member board have both resigned.
The vote can proceed with five current members and The Times reports it could take place immediately following a public hearing this morning.
If the proposal is approved, Aviation Facilities Co. Inc. would have exclusive real estate development rights on and around the airport.
Source: The Times of Northwest Indiana