On Tuesday, the City of Laredo and Rep. Henry Cuellar delivered an update on the Terminal Improvement Plan for the city’s airport and showed off a model depicting what it may look for the tentative 2024 completion period.
To partially fund the expansion, Laredo received $27,694,964 in funds between the CARES Act and from the Federal Aviation Administration. According to Cuellar, in the last 10 years, over $184 million has been invested into the airport with more funds expected.
With $9,188,272 diverted to the taxiway construction, Laredo Mayor Pete Saenz said that there has been growth in cargo transportation and the expansion will add value to the city and improve transportation of cargo for the U.S.
He also said that with the unemployment rate in Laredo at approximately 3.4% before the pandemic, and at 8% earlier this year improvements are already…
