STRATEGIC PRIORITY: Sustainable
AGENDA DATE: May 28, 2025
COUNCIL DISTRICT(S):|910|DEPARTMENT: Department of Aviation
EXECUTIVE: Dev Rastogi
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SUBJECT
Title
Authorize the Department of Aviation through the City of Dallas to (1) adopt a twelve-year use and lease agreement with Southwest Airlines Co. for 18 of the 20 aeronautical gates at Dallas Love Field, commencing on October 1, 2028 until and terminating on September 30, 2040; (2) the City Manager to set forth the terms for an airline/airport project agreement for the Love Field Expansion Airport Program (LEAP) of 2025-2035, which includes approval of a capital development program and significant infrastructure enhancements to the airport over the next ten years; and (3) the City Manager to the createion of the LEAP Advisory Council to oversee and execute the Capital Development Project funding for general aviation revenue bonds - Financing No cost consideration to the City Estimated Revenue: Aviation Operation Fund $5,000,000,000.00 (over 12 years)
Body
BACKGROUND
On June 25, 2008, by Resolution No. 08-1877, the City Council adopted the term sheet between the City of Dallas and Southwest Airlines Co. (SWA) setting forth the terms for the Love Field Modernization Program. This agreement set the relationship between the airport and its airlines.
Effective October 1, 2008, the City entered into an Amended and Restated Lease of Terminal Building Premises (Airport Use and Lease Agreement) with Southwest Airlines Co., authorized by City Council Resolution 08-3403, adopted on December 10, 2008, which agreement, as amended, will terminate on September 30, 2028.
Aviation plans to implement the core components of the Dallas Love Field Master Plan by creating the LEAP to approve the financing of a capital development program and significant infrastructure enhancements to the airport over the next ten years. The Department of Aviation also plans ...
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