privatization | St. Louis Public Radio

privatization

After many delays, the city’s contract with consultants to explore the privatization of St. Louis Lambert International Airport may be official soon.
David Kovaluk | St. Louis Public Radio

When the Board of Estimate and Apportionment approved a contract with advisors to explore the privatization of St. Louis Lambert International Airport last month, it appeared the process was ready to take off after months of delays.

The city’s working group held its first meeting.

The first meeting of all the consultants and advisors on the project was scheduled.

But, there was a problem. The contract between the city and the lead consultants had not been signed.

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

A proposal to explore privatization of St. Louis Lambert International Airport has finally been cleared for takeoff.

The City’s Board of Estimate and Apportionment voted Wednesday to approve a contract with an advisory team charged with soliciting proposals from private firms to manage and oversee the operations of the airport.

The board is made up of Mayor Lyda Krewson, Board of Aldermen President Lewis Reed and Comptroller Darlene Green. Krewson and Reed voted to approve the contract, while Green voted no.

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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.

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.