Airport Left On Standby In Legal War
Written by Blanca Venegas on March 21, 2013
By Blanca Venegas
Plans for an $800 million Airport City wait on the runway as the state and US governments battle in court over a state law that could bar the developer and financier.
Airport City is a vital cog in Miami International Airport’s plan to earn outside profits to repay its $6.3 billion debt. However, that revenue stream is now blocked, as a law signed by Gov. Rick Scott last year prohibits a state or local agency from contracting for $1 million or more with firms that operate in Cuba or Syria. To read the full article and the rest of the Miami Today issue, GO TO e-MIAMI TODAY, an exact replica of the printed edition.