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Home / Opinion Digests / Municipal / Municipal – Joint Airport Authority – Real Property Lease – Expansive Charter – Public Meetings (access required)

Municipal – Joint Airport Authority – Real Property Lease – Expansive Charter – Public Meetings (access required)

  The charter establishing the Raleigh-Durham Airport Authority (RDUAA) allows RDUAA to enter into a lease with any business subject only to (1) a 40-year term, (2) any FAA restrictions based on federal grants and (3) the requirement that RDUAA deem the transaction advantageous to airport development. There is no evidence that a 40-year lease to ...

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