CONTRACTPENDING

Port Authority eyes $1B airport improvement reimbursement

Disclosed value: $1,000,000,000; From resolution
Document date: Aug 19, 2025
Term: November 4, 2024

What it covers

Lee County Port Authority seeks reimbursement of up to $1 billion for capital improvements to the airport system through a tax-exempt debt issuance, with net revenues from the airport system used to secure and pay the debt. The improvements include terminal expansion, a new public safety building, and runway rehabilitation.

Who holds it

Lee County Port Authority holds this revolving credit facility contract with Lee County. Its other public contracts on record include work for Florida Department of Law Enforcement | State of Florida and Cape Coral Hospital.

What happens next

Term as filed: November 4, 2024.

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Contract details

Contract type: Revolving Credit Facility
Amount: $1,000,000,000
Document date: August 19, 2025
Term: November 4, 2024
Vendor: Lee County Port Authority
Agency: Lee County
Source document: lee-county-resolution-25-08-37-airport-capital-improvements_e92.pdf (Resolution)

Lee County Port Authority's other public contracts

Lee County, FloridaLee County airport to get capital improvements · Aug 19, 2025$1B Lee County, FloridaPort Authority Gets Authorization for FAA Grant Agreements · Aug 5, 2025Undisclosed Florida Department of Law Enforcement | State of Florida, FloridaAdditional Fort Myers office space leased from Port Authority · Mar 5, 2025$845K Florida Department of Law Enforcement | State of Florida, FloridaFDLE leases Fort Myers office from Lee County Port · Mar 5, 2025$445.7K Cape Coral Hospital, FloridaLee County Port Authority Included in Mutual Aid Renewal · Jan 22, 2025Undisclosed All Lee County Port Authority contractsVendor profile

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Questions about this contract

Who was awarded the revolving credit facility contract by Lee County?

Lee County Port Authority was awarded this revolving credit facility contract by Lee County, as recorded on August 19, 2025. The contract value is $1,000,000,000.

How much is the Lee County Port Authority contract with Lee County worth?

The Lee County Port Authority contract with Lee County is valued at $1,000,000,000, covering revolving credit facility work.

What type of contract is this?

This is a Revolving Credit Facility contract, documented as a resolution record.

Where was this contract approved?

This contract appears in lee-county-resolution-25-08-37-airport-capital-improvements_e92.pdf (Resolution), dated August 19, 2025 from Lee County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Lee County Port Authority hold?

Lee County Port Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Lee County currently buying?

Explore Lee County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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