City of Lincoln Airport Committee Agenda Packet 2026-05-20
Airport Fund Reports Ongoing ITAPOL Loan Receivable
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Description
The City of Lincoln Airport fund reports an ongoing loan receivable from ITAPOL, with payments current and payoff expected in 2027. This receivable supports the airport’s financial position despite overall fund balance challenges.
Contract Details
Vendor
ITAPOL
Agency
City of Lincoln, IN
Contract Type
FINANCIAL_SERVICES
Document Date
May 20, 2026
Contract Term
Loan to be paid off in 2027
Renewal Date
2027-12-31
Renewal Info
Loan amortizes through 2027; no renewal terms mentioned.
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