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Toronto City Council approves 12-year lease extension for Billy Bishop Airport, enabling $61-64M runway modifications by 2027.
Toronto City Council has approved a lease extension for Billy Bishop Airport by up to 12 years, facilitating necessary runway modifications to meet federal safety regulations.
The project, estimated at $61 to $64 million, aims to create Runway Safety End Areas (RESAs) by the 2027 deadline.
The decision, passed 17-8, prioritizes runway safety over a requested long-term lease extension from PortsToronto, which currently operates the airport.
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El Ayuntamiento de Toronto aprueba la prórroga del contrato de arrendamiento de 12 años para el aeropuerto Billy Bishop, permitiendo modificaciones de la pista de $61-64M para 2027.