Tag: Airport Bonds
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Denver airport’s Great Hall remains at risk for overspending, audit says
Denver International Airport’s Great Hall renovation project may exceed $2 billion, and auditors are worried the city could face even higher costs due to potential overspending on future construction. During a review last year, city auditors made 10 recommendations to airport officials after determining that DIA lacked sufficient management and oversight of its three-phased Great…
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Denver OKs $700 million in bonds for Denver International Airport capital improvements
The Denver City Council approved the issuance of $700 million in bonds to the Denver International Airport on Monday, intended to fund capital improvements at the airport. The bonds were approved in a 10 to 1 vote with two council members absent and Councilwoman Candi CdeBaca voting no without comment. Senior Financial Management Analyst Lupe…