RCAA Brochures 0003

Plan ” taxpayers would bear the brunt of a costly proposal to shoehorn a third runwaY into the already crowded Sea-Tac Airport , Using the Port’s own figures, runwaY construction alone could run more than $500 million + That makes Sea-Tac’s controversial third_runway proposal the most expenslve runway in U.S. history – five times the cost of the new runwaY at Vancouvef , Even the Port admits that the costs of construction and interest paYments could push the total bill to nearIY $1.2 billion FAA asked to reconsider new Sea„'Tac fees local officials that it was seeking approval of the “passenger facility charge” when it applied in April for permission to add the fee “Because of this lack of notice (and because this is a brand new program), the City of Des Moines did not know of the comment period for the (fee) application and. as a result. we did not make By Arthur C. Gorllek P.I Reporter South King County . omcials have asked the Federal Aviation Administration to reconsider its approval of a new $3 fee for passengers boarding flights at Se- atHe.Tacoma International Air- port. THE PORTISEffAVg:jTjsAIT£if TAXPAYERS e Leading economistS warn that the Port’s billion-dollar runwaY would place a massive burden on taxpaYers, airllne passengers9 businesses and homeowners , Dr. Lynn Michaelis, President of the National Association of Buslness E<,.,onomists9 writes, “indirect costs have to be included as well ... costs to insulate schools ... lost revenue from declining properly values ... the true overall cost…
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