Ratemaking Overview

Settlement & True-Up

Not available

Landing Fee Methodology

Not available

Terminal Rental Rate

Not available

Common Use & Gate Allocation

Additional Bonds Test

Not specified in this document. These are revenue bonds issued under ORS 287A.150 secured by full faith and credit pledge under ORS 287A.315. The ordinance authorizes bonds up to $105,700,000 total; this issuance is $100,985,000.

Rate Covenant

Not applicable — these are Full Faith and Credit Bonds secured by the City's general non-restricted revenues and taxing power, not airport revenue bonds with a rate covenant.

Flow of Funds

Not applicable — these are Full Faith and Credit Bonds payable from the City's general non-restricted revenues and other lawfully available funds, including ad valorem tax revenues under the City's permanent rate limit. No specific flow of funds provisions typical of airport revenue bonds.