FINANCIAL_SERVICESPENDING

Coos County Airport District Board Meeting Agenda Packet 2026-05-20

Airport Evaluates Business Oregon Loan Refunding Option

Coos County Airport DistrictBUSINESS OREGONMay 20, 2026

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Description

The Coos County Airport District is considering a loan refunding opportunity with Business Oregon’s Infrastructure Finance Authority to refinance its DHS build-to-suit project debt. If market conditions hold, the refinancing could yield an estimated $619,325 in net present value savings over the remaining term.

Contract Details

Vendor

BUSINESS OREGON

Agency

Coos County Airport District, OR

Contract Type

FINANCIAL_SERVICES

Document Date

May 20, 2026

Renewal Info

Potential refunding would replace the existing IFA loan maturing December 2037 with new refunding bonds and amended loan terms; refunding bonds would not be prepayable without penalty for about eight years.

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Issuing Agency