City expected to fill funding gap on ST Engineering deal
PENSACOLA, Fla. (WEAR) —
Pensacola Mayor Grover Robinson said he's confident the city can fill a $25 million funding gap on the ST Engineering deal.
Twenty million dollars is expected to come from state transportation dollars, though it's not locked in yet. The city was already responsible for another $2.5 million.
Last week, a Triumph Gulf Coast grant was approved, but it was $2.5 million less than requested. That brings the city's total obligation to $5 million.
At his weekly press conference, Mayor Robinson said it can be done and the city's lobbyists are already on the job.
He added, "Both our federal people and our state people say that's something that's manageable, and we're already asking for some appropriations to finalize that gap."
Mayor Robinson said the city will have five years to bring in the $5 million. The ST Engineering project at Pensacola International Airport is projected to create more than 1,300 jobs.