There’s big news for the world’s busiest airport. The city is proposing a $1 billion municipal-bond borrowing in order to update and revitalize the Hartsfiled-Jackson International Airport.
According to a new report by Bloomberg,
The city [of Atlanta] plans to issue about $970 million of bonds subject to the alternative-minimum tax, and roughly roughly $50 million of non-AMT bonds, according to an Aug. 8 securities filing outlining the borrowing plans.
What would all of this money be used for?
It’s easy to say “updating the airport,” but what does that really mean? In the August 8th report filed by the city,…