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Front Page » Top Stories » Miami Airport Gets 101 Million Payment Toward New Terminal

Miami Airport Gets 101 Million Payment Toward New Terminal

Written by on September 9, 2004

By Samantha Joseph
The Federal Aviation Administration has issued a fifth payment toward its $101 million grant for the north terminal at Miami International Airport as part of the airport’s ongoing $4.8 billion expansion project.

The latest payment, $13.5 million, would bring the federal contribution for that terminal to nearly $58 million in the past four years.

The administration has agreed to pay $101 million by 2010 for the project, which has been in the works about a decade and is now under construction.

Since 1994, the federal agency has worked with local planners on devising a terminal to span the entire north side of the airport.

The terminal includes an 8,600-foot runway and a parallel taxiway with connectors designed to handle growing passenger and cargo traffic at the airport. It includes concourses A-D.

The grant stemmed from an application filed by Miami-Dade authorities April 3, 2000, to offset some building and operational costs.

The administration made its first payment, $12 million, in 2000. Since then, four installments have brought payments to $44.3 million.

"MIA continues to be the busiest airport in Florida," the federal agency said in approving the grant. "It is considered a US gateway to Central and South America and is the principal departing airport for the Caribbean."

Miami-Dade County Manager George Burgess has accepted the most recent payment, but county commissioners must ratify it. The issue is set to go before the commission today (9/9).

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