Penn State Approves Asset Sale to Airport Authority
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Description
The Pennsylvania State University Board of Trustees authorized University officers to negotiate and execute an Asset Purchase Agreement to transfer the operating assets of State College Regional Airport to the Centre County Airport Authority, with final terms and regulatory approvals pending.
Contract Details
Vendor
CENTRE COUNTY AIRPORT AUTHORITY
Agency
Pennsylvania State University-Penn State Abington, PA
Contract Type
OTHER
Document Date
February 26, 2026
Renewal Info
Not specified; subject to final negotiated terms and governmental approvals.
More from CENTRE COUNTY AIRPORT AUTHORITY
Issuing Agency
Higher Ed
Abington, PA
More from Pennsylvania State University-Penn State Abington
The Pennsylvania State University Committee on Finance and Investment Resolution March 2026
The Pennsylvania State University Committee on Finance and Investment Resolution March 2026
The Pennsylvania State University Board of Trustees Resolution Feb 2026
The Pennsylvania State University Board of Trustees Minutes of Meeting 2026-02-26
Pennsylvania State University Board of Trustees Consolidated Action Items Feb 2026
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