Little Rock National Airport has received approval to move forward with beginning a $53 million project in construction for a new in-line baggage system, upgraded ticketing area and security areas. This first phase is the beginning of an eventual $220 million project for our now 38 year-old terminal and should take about two years to complete.
19. Funding the balance of the Terminal Program 2010 – 2020 Payoff existing debt service $ 35 million (create capital fund) 2020 – (Bonds) $40 million ($4 million per year) $140 million $100 million ($7.00 PFC & 1.5M EPAX) Total $175 million * This will commit $4 million a year in Revenues and all PFC Capacity, $10 million per year, a total of $14 million per year for approximately 20 years. 2020 vision proposed funding