File #: 25-1182    Version: 1 Name:
Type: Resolution Status: Passed
File created: 7/21/2025 In control: City Council
On agenda: 7/29/2025 Final action: 7/29/2025
Title: Resolution authorizing a secondary Revenue Guarantee Agreement with Frontier Airlines and Corpus Christi B Corporation, as part of the secondary funding source for the Air Service Minimum Revenue Guarantee Project, in an amount totaling $394,747, with FY 2026 funding of $394,747 from Type B Corporation.
Sponsors: Aviation Department, Economic Development
Attachments: 1. Agenda Memo - MRG Funding Agreement Type B Corp - Airline, 2. Resolution #25-1182- Air Service MRG Project w Frontier and B Corp 395k (legalrev7.pdf

Title

Resolution authorizing a secondary Revenue Guarantee Agreement with Frontier Airlines and Corpus Christi B Corporation, as part of the secondary funding source for the Air Service Minimum Revenue Guarantee Project, in an amount totaling $394,747, with FY 2026 funding of $394,747 from Type B Corporation.