Formation of Trust

In 2012 the land and operating agreements between the City of Tulsa and the Tulsa Airports Improvement Trust (TAIT) expired. As part of TAIT’s review of the issues surrounding a new lease, the TAIT contracted with Leigh Fisher to evaluate the airport governance structure as well as the roles and responsibilities of TAIT and the Tulsa Airport Authority relative to the City of Tulsa. Leigh Fisher’s recommendations follow:

Initial Findings: Possible Formation of Airport Authority

January 2013 Update:  TAIT continues to evaluate all aspects of a new lease agreement with the City of Tulsa that would modify their governance structure to achieve improved operational efficiency.   A summary of this review and the expected outcomes is available here:

TUL Governance Overview