Next week, the first revenue bonds for the project will likely be issued.
"Many airports across the country are using revenue bonds," he said.
The $1.5 million project was financed through the sale of revenue bonds.
Washington State, $335 million of general obligation and revenue bonds in two parts.
More than $530 million worth of revenue bonds were sold.
But the authority's financing of the project through its general revenue bonds may, some officials say, be a problem.
The state also gave the authority the right to issue revenue bonds to support economic development in the region.
This would be known as the first historical industrial revenue bond offered by the city.
Through 1994, $2.6 billion of revenue bonds were issued to pay for the authority's capital program.
From 1995 to 1999, we plan to issue $1.3 billion of revenue bonds.