Council Airport Committee
January 26, 2023
1 How to Provide Public Comments
• Click the “Raise Hand” button to request to speak when the Staff Liaison calls for public comments. You will be
permitted to speak for 3 minutes
• When joining by phone, click *9 to raise a hand to speak and Press *6 to unmute
• Please be mindful that virtual meetings are public and will be recorded
2 Hangar Repair Project Update
3 Background
• Nineteen Airport-owned and enclosed
rental spaces – hangars, storage rooms,
offices
• Kimley-Horn selected to conduct hangar
condition assessment
• Project conducted in phases
• Two hangars designated for roof repair
in first phase
• Contract with Garland for second and
third phases of repairs
4 Discussion
• Work tasks
• Warranty
• Communication
with tenants
• Progress update
Before
After
Aerial View
5 Next Steps
• Next phase of project
• Regular status updates to Committee
6 Hangar Repair Project Update
• Click the “Raise Hand” button to request to speak when the Staff Liaison calls for public comments. You will be
permitted to speak for 3 minutes
• When joining by phone, click *9 to raise a hand to speak and Press *6 to unmute
• Please be mindful that virtual meetings are public and will be recorded
7 FY23 and FY24 Hangar Rent Increase &
FY24 Master Fee Changes
8 9
Background
• Enterprise fund
• Financial self-sufficiency
•
• Managing costs and increasing revenues
• Hangar rent increases
10 History of Rent Increases
• Most recent policy: 5/25/99
• 75% of CPI every 2 years
• Market analysis every 4 years
• Deviations from policy and impact
• Market rate study in 2017
• Below market rate
11 Rent Increase Agreement (FY19-FY22)
• Discussions with tenants
• Rent increase package approved by Council 1/15/19
12 Methodology
• Compliance with FAA policy
• Financially self-sustaining
• Hangar subsidies
• Fair and reasonable
• CPI standard
13 Rationale for New Rates
• Goal of self-sufficiency
• Revenues lagging behind expenditures
• Efforts to enhance revenues
14 Rationale for Rent Increases
• Analysis of strategies for increase
• Decision to use CPI
• CPI increase = 6%
• Effective dates: 4/1/23 and 7/1/23
15 Updates to Master Fee Schedule
• Reviewed annually
• Last increase: 2021
• CPI increase of 6% utilized
16 Next Steps
• Approve recommendation
• Forward to Council for consideration
• Implementation of increases on 4/1/23 and 7/1/23
FY23 and FY24 Hangar Rent Increase & FY24 Master Fee Changes • Click the “Raise Hand” button to request to speak when the Staff Liaison calls for public comments. You will be
permitted to speak for 3 minutes
• When joining by phone, click *9 to raise a hand to speak and Press *6 to unmute
• Please be mindful that virtual meetings are public and will be recorded
17 Skywest Property Update
18 19
Presentation to Eden Area Municipal Advisory Council
• Follow-up meeting with Advisory Council planned
• Meeting postponed due to conflict with City Council meeting • Special meeting to be scheduled for this item
Skywest Property Update
• Click the “Raise Hand” button to request to speak when the Staff Liaison calls for public comments. You will be
permitted to speak for 3 minutes
• When joining by phone, click *9 to raise a hand to speak and Press *6 to unmute
• Please be mindful that virtual meetings are public and will be recorded
20 Updated 2023 Agenda Planning Calendar
21 2023 Calendar
22 Committee Members and Staff
Announcements and Referrals
23 Meeting Adjournment
Council Airport Committee
January 26, 2023
24