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$312M Funds Work on Nation's Newest Airport

PANAMA CITY, FL-Construction of the new airport has been halted temporarily by a court order on behalf of local pilots who oppose the airport's relocation.

By Natalie Keith | Updated on December 14, 2007

PANAMA CITY, FL-The Panama City–Bay County International Airport Authority and Industrial District has secured $312 million in financing for the construction of the new airport in western Bay County.

With the financing, the Airport Authority has all the permits, approvals and financing to begin construction. However, a temporary stay halting construction was recently issued by the United States Court of Appeals for the Second Circuit Court in New York at the request of Friends of PFN, a recreational pilots group that opposes the relocation of the airport. In response, the Airport Authority and the Federal Aviation Administration filed emergency motions earlier this week asking the court to vacate the stay or hold a hearing on the merits of the case. Phoenix Construction is the general contractor on the project.

“In considering the relocation of our over airport over the past 10 years, hundreds of public meetings have been held, and the Airport Authority has received 18 approvals and permits and coordinated input from 22 federal, state and local agencies,” says Airport Authority vice chairman Bill Cramer, in a prepared statement. “We believe the tremendous regional transportation, economic and environmental benefits resulting from the relocation far outweigh the claims of our opponents. This delay is like grounding the space shuttle at T minus five seconds.”

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