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Airport Authority Accepts Ordinance, Public Hearing Set

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On Monday the Gary/Chicago International Airport Authority accepted an ordinance for Aviation Facilities Company, or “AFCO” (af-coe), of Virginia, to operate and manage development. The approval sets the stage for a privatization deal, anticipated to last 40 years. The public will now be able to comment on the proposed ordinance terms that were accepted up until the date of a scheduled public hearing on January 27th.
Terms would include an investment of 25-million dollars in the first three years.


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