Ontario, Calif. officials filed a claim on April 11 seeking to dissolve a joint powers agreement in an attempt to wrest control of its local airport away from Los Angeles. Los Angeles has 45 days to respond before Ontario officials file a lawsuit, according to the Los Angeles Daily News.

The claim seeks to dissolve a joint-powers agreement created in 1967 to rescue Ontario airport from failure.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.