How does Cuyahoga County benefit when the Port Authority finances projects in other counties?
We live in a metropolitan region and the Port Authority board believes that county and city political boundaries should not be viewed as economic boundaries. Political jurisdictions are meant to define boundaries for the delivery of police, fire, justice system and human services. In the economic world, people live and work in different cities and counties. A project for the metropolitan area must be viewed as for the good of all. Just as with projects within Cuyahoga County, the borrower pays fees to the Port Authority to cover the Port Authority’s operating costs and to make a contribution to our capital reserve fund.
