Wednesday, November 29th 2000, 12:00 am
(Tulsa-AP) -- The Tulsa Industrial Authority will issue $31 million in notes to assist in the financing of Great Plains Airlines.
The City Council narrowly passed a resolution issuing the notes.
The company must meet a December 1st deadline to secure its financial plan.
The council approved the request by a seven-to-two vote. That narrowly secured the supermajority needed because the resolution included a waiver of competitive bidding.
Great Plains plans to offer direct flights from Tulsa to New York, Los Angeles, San Francisco, Seattle and Washington, D-C.
Councilor Sam Roop says having this type of transportation is necessary infrastructure to a city in today's corporate world.
But councilors Clay Bird and Randi Miller voted against the resolution saying it's too risky.
November 29th, 2000
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