FINANCIAL_SERVICESAPPROVED

TNHAA Board of Directors Meeting Agenda April 2026

TNHAA Approves Noise Mitigation Funding Agreement with CAA

$1,000,000 per fiscal year, paid quarterly, subject to available fundsTweed New Haven Airport AuthorityCONNECTICUT AIRPORT AUTHORITYApril 15, 2026

Trusted by teams at

Description

The Tweed New Haven Airport Authority Board approved Resolution #636 authorizing execution of a Disbursement Agreement with the Connecticut Airport Authority for aviation fuel tax-derived noise mitigation funds. Under the agreement, CAA will pay TNHAA $1,000,000 per fiscal year through June 30, 2027, in quarterly installments for federally compliant noise mitigation projects.

Contract Details

Contract Amount

$1,000,000 per fiscal year, paid quarterly, subject to available funds

Vendor

CONNECTICUT AIRPORT AUTHORITY

Agency

Tweed New Haven Airport Authority, CT

Contract Type

FINANCIAL_SERVICES

Document Date

April 15, 2026

Contract Term

Effective Date through June 30, 2027

Renewal Date

2027-06-30

Renewal Info

The agreement term runs from the Effective Date through June 30, 2027 and may be amended or terminated if Conn. Gen. Stat. §13b-50c is repealed or modified; no automatic renewal is stated.