Alders Advance 43-Year Tweed Deal

After hours of debate about the length of the term and about who stands to profit, a committee of alders unanimously advanced a proposed 43-year agreement between the city and Tweed’s airport authority. The first legislative item would have the city sign a 43-year amended and restated lease and operating agreement with the Tweed New Haven Airport Authority. The second would repeal a city law that prohibits airplanes that weigh more than 160,000 pounds from using Tweed. Airport Authority Executive Director Sean Scanlon said that even if the city approves the 43-year lease agreement, the airport will still be owned by the city. He said that holds true even if the airport authority enters into a separate “facility” agreement with Avports that would have the latter design, build, finance, operate, and maintain the new terminal for 43 years.

https://www.newhavenindependent.org/index.php/archives/entry/tweed_lease_hearing/

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