Authority Plans to End One Florida Bank Credit Line
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Description
The Finance Committee recommended that Tri-County Airport Authority allow its $125,000 line of credit with One Florida Bank to lapse at its early May 2026 renewal, saving approximately $400 in fees. Improved cash flow and revised FAA reimbursement procedures have reduced the need for this credit facility.
Contract Details
Contract Amount
Line of credit limit $125,000; renewal fee approximately $400
Vendor
ONE FLORIDA BANK
Agency
Tri-County Airport Authority, FL
Contract Type
FINANCIAL_SERVICES
Document Date
March 10, 2026
Contract Term
Line of credit renewal due early May 2026; proposed non-renewal
Renewal Date
2026-05-10
Renewal Info
Line of credit renewal is due in early May 2026, but the committee recommends non-renewal, effectively terminating the facility.
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Tri-County Airport Authority Airport Operations and Fuel Report April 2026
Tri-County Airport Authority Board Meeting Minutes March 2026
Tri-County Airport Authority Board Meeting Minutes March 2026
Tri-County Airport Authority Board Meeting Minutes March 2026
Tri-County Airport Authority Board Meeting Minutes March 2026
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