airport privatization | St. Louis Public Radio

airport privatization

Commerical planes parked at a St. Louis Lambert International Airport terminal.
St. Louis Lambert International Airport

The Advisor Team hired by the city of St. Louis to explore the privatization of St. Louis Lambert International Airport takes off next week, with its first official meeting on July 11.

The request for proposals, review and approval process is expected to take 18 to 24 months. The process has already been delayed by political maneuvers on the committee to select the advisors and it’s likely to hit more turbulence in the months ahead.

lambert300.jpg
St. Louis Lambert International Airport

The vote over a contract to start looking into whether the city will privatize St. Louis Lambert International Airport has been postponed.

The contract to hire a three-organization team was first approved by a city selection committee back in January. That committee approved an amended contract on Wednesday, but the Board of Estimate and Apportionment held off giving its final approval after a lengthy meeting Wednesday afternoon.

A fire rages out of control in a warehouse after walls collapsed during a five-alarm fire in St. Louis last Wednesday. Nearly 200 St. Louis firefighters battled the warehouse containing numerous paper products and nearly 200,000 candles.
Bill Greenblatt | UPI

St. Louis voters will decide this summer whether the city should borrow about $50 million to buy new fire equipment, upgrade electrical panels at City Hall, install permanent air conditioning at the city jail known as the Workhouse, and other projects.

Aldermen sent the bond issue to Mayor Lyda Krewson on Friday. Her signature will place the borrowing on the August ballot, when it will require a two-thirds majority to pass. The bond issue will not increase taxes.

St. Louis Lambert International Airport
Michael R. Allen | Flickr

A few more details are emerging related to the city's consideration of whether to privatize St. Louis Lambert International Airport.

The Missouri House Special Committee on Urban Issues held a hearing in Clayton on Wednesday regarding airport privatization. Linda Martinez, who is Mayor Lyda Krewson’s deputy mayor of development, and airport Director Rhonda Hamm-Niebrugge took questions from the committee.