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HomeMy WebLinkAbout2004-01-08 - Agendas - Final AGENDA OF THE AIRPORT BOARD MEETING 1 :30 p.m. , January 8, 2004 Airport Conference Room 4500 S. School Avenue 1 . Welcome, Chairman Charles Wallace. 2. Appreciation of outgoing Airport Board Members. Mike Andrews Rick McKinney 3. Introduction of new Airport Board Members. Dave Hollman Janice Stanesic 4. Election of Vice Chairman. 5 . Minutes of the December 11 , 2003 meeting. 6. Receiving of Reports. A. Charles Wallace, Chairman. B. Ray,Boudreaux, Director. C. James Nicholson, Financial Coordinator. D. Louise Powers , T-Hangar Report. E. Construction Report. F. Maintenance Report. 7. Old Business. A. Auto fuel survey: Frank Sperandeo. 8 . New Business. None. 9. Other Business. A. Items from the Public. B. Items from the Airport Board. 10., Adjourn. • MINUTES OF THE AIRPORT BOARD MEETING December 11 , 2003 • MEMBERS PRESENT: Charles Wallace, Rick McKinney, Dave Bowman, and Bob Nickle MEMBERS ABSENT: Frank Sperandeo and Otto Loewer STAFF PRESENT: Ray Boudreaux, James Nicholson, and Louise Powers OTHER PRESENT: David Hollman-Flying Investments; Judy Hammond-Ark. Air Museum; Terry Collier-tenant; Wayne Jones-McClelland Engineers; John P. Ross-Ross Executive Aviation; K. R. Schossow-Wings Avionics; Cherie Boudreaux-public ITEM #1 : Welcome, Chairman Charles Wallace. Welcomed all those attending in person and by television. ITEM #2 : Minutes of the November 13, 2003 meeting. A motion to approve the minutes was made by Bob Nickle and seconded by Rick McKinney. The motion carried. ITEM #3: Receiving of Reports. • A. Charles Wallace, Chairman. He announced at the January meeting, the Board would be thanking Rick McKinney for his work on the Board, this is his last meeting, and they would also be thanking Mike Andrews who has resigned from the Board. He stated the City's Nominating Committee completed their interviews yesterday and will make their recommendations to the City Council. Although not official, the two persons nominated were Dave Hollman of Flying Investments and Janice Stanesic of the business community. January will be their first meeting, and we will also elect a Vice Chairman at the January meeting. B. Ray Boudreaux, Director. Briefed the Board on his Monthly Report in the agenda packet. Announced we have two new Line Tech employees: Lance Laubach, who is a U. of A. student, is a pilot and has his own aircraft; and Tom Marden, whose father is the Airport Manager in Camden, has been around aviation all his life, is a pilot, and has won several Young Pilot of the Year Awards. C. James Nicholson, Financial Coordinator. Reported there had been ' a dramatic increase in our air traffic, although our fuel sales were down in November. D. Bowman stated the graphs were very nice. J. Nicholson commenting on the Finance Report said the deficient is reduced from last year's amount. C. Wallace said if the trend continued, 2004 would be below the 2002 and 2003 amounts. R. Boudreaux answering B. Nickle, said yes, we have to pay the City the Cost Allocations listed for us. J. Nicholson noted a correction was needed on the report, the 60 x 60 hangar needs to be moved to 2004, and the design portion needs to be moved to 2003. D. Louise Powers, T-Hangar Report. All the T-Hangars are rented and all the storage • units are rented. There are about twelve names total on the T-Hangar lists. There were six overnights in the FBO Hangar and seven full time tenants. Part of the seven are on our T- Hangar waiting lists. 1 E. Construction Report, Wayne Jones. A Stop Work Order was placed on the Taxiway Alpha construction due to the weather, and hopefully work will start again in • March. The Notice to Proceed has been issued for the U. of A. Hangar. They have submitted plans to the City for the Building Permit. The comers of the hangar have been staked. Record Drawings on the FBO hangar have been submitted to Ray. Stated he had been working with Ray on getting funding from the FAA to connect Taxiway A to Taxiway E. Asked if there were any changes needed to the Airport Layout Plan before they submit it to the FAA? F. Maintenance Report, Ray Boudreaux. Staff installed four tie-downs, put up the Christmas tree, staffed the FBO two days until we hired new FBO personnel, helped train the two new guys, worked on the tug, worked on the fuel farm, fixed the lights in the parking lot, and various other buildings and grounds maintenance. ITEM #4: Old Business. None. ITEM #5: New Business. A. Airport's Minimum Standards for Public Comment. C. Wallace stated that they will now recess the Board Meeting and go into the Public Comment session of the meeting. INSERT: Minutes of the Public Hearing on the Airport's Minimum Standards C. Wallace said he would hear comments on the Minimum Standards, but the Board would not discuss the public comments during the Hearing. Then • we will go back into the Airport Board Meeting and take action. He stated he appreciated those who read and had already given comments on the Minimum Standards. Most were wordsmith, not for context. K. Schossow stated he would like Page 8 to be changed to allow people who had businesses on the field to be able to contact the tower by means other than the stated two-way radio communications when they needed to cross the Runway. He also said Page 9 doesn't address how you must be in contact with the tower. Referring back to Page 8, he thought there was a need for vehicle parking for guests to be identified on the east side hangar ramp. He stated tie-downs on the east side hangar ramp would be helpful. Said there had been some discussion of the airport providing auto fuel and there are some planes that are designed and rated SDC for auto fuel, and a provision should be made for them. P. Ross commented that the previous Minimum Standards spelled out the requirements for anyone operating on the airport, now the new Standards have changed and an office is not required to operate a flight school. He asked about fees, what they would be, and how we would charge those without an office? Said everyone should play on a level playing field. If they are not buying fuel, not renting any space, and just using the airport for their business, they need to pay to play. J. Nicholson stated Page 14, Section 8, e. covered "pay a fee or shall lease space" from the Airport. 2 r K. Schossow bought up another item from Page 11 , about businesses that • accumulate boxes, in or about, hangars. Their business uses boxes to ship items out, so they have boxes stored for that use. C. Wallace went over the items that had been brought to their attention to make sure the Board understood the requests, He then declared the Public Comment session over. C. Wallace declared the Airport Board was now back in session C. Wallace spoke of the request to change the requirement for two-way radio contact with the tower, to be changed to be in contact with the tower when crossing the Runway. R. Boudreaux commented on a new FAA CertAlert and said he would need to make sure of its requirements. C. Wallace said the Minimum Standards could be changed to say have voice communications with the tower, unless the CertAlert specifies differently. INSERTED NOTE 12-15-03: Ray Boudreaux, Director, left this requested change out of the Minimum Standards after careful review of the recent FAA CertAlert #03- 07, dated 11-12-03, which states you must have two-way radio communications with the tower. R. Boudreaux said research on auto fuel for aircraft is being conducted, and for now we • will remain silent on the restriction. J. Nicholson suggested using the terminology for boxes, as "Refuse such as" and then go back to the list in the Minimum Standards. C. Wallace said the Board had worked hard on how to enforce fees for a business and thought it had been addressed on Page 14 e., and had backed it up with Page 16 h. and j, thinking if the person went that far, they would want to have a presence on the field. B. Nickle suggested saying, "shall pay a fee, and or, lease space", adding the Board does want to keep it a level playing field. C. Wallace stated that on Page 7 it should be added, "No unrestrained pets, or animals, will be permitted in the AOA". A motion to include all the above mentioned changes be made to the Airport's Minimum Standards and forward them on to the City Council for approval was made by Rick McKinney and seconded by Dave Bowman, B. Nickle asked that a final document be made available to the tenants before being sent to the City Council. R. Boudreaux said it should be ready by the end of the week and can be picked up or e-mailed out. • The motion carried. 3 J' B. Fuel Price Policy for Self Serve Fuel Station. C. Wallace stated the self serve fueling • is at the request of tenants. He suggested a fixed price of $1 .95 until the April meeting, and at the April meeting reconsider the fuel pricing policy for the self serve fuel station. Checking then to see if there had been enough activity to keep the price fixed or to let the price float as the other fueling (FBO) is handled. The self serve purchases will be a credit card purchase. A motion to put the self serve fueling price at $1.95 until the April Airport Board Meeting, when a review of the activity and fuel pricing policy will be conducted, was made by Dave Bowman and seconded by Rick McKinney. The motion carried. C. Survey of Interest in Auto Fuel on the Airfield. C. Wallace said there are a small number of people on the field that have shown an interest in using auto fuel in their aircraft. It may be possible to add an auto fuel tank to the self serve station, which would eliminate buying fuel, bringing it on the field, which could involve possible dangerous handling of fuel. He stated that Frank Sperandeo was going to organize a survey team to determine how many planes have SDC to burn auto fuel. Staff is investigating the safety issue. We will wait to hear from the survey team and staff. ITEM #6: Other Business. A. Items from the Public. T. Collier stated he would like to find a way to get the attention of other tenant on the field to get them to come to meetings regarding the airport. B. Items from the Airport Board. None. • ITEM #7: EAA Demonstration by Scott Musgrave. C. Wallace introduced Scott Musgrave and stated he owns a "Glassair Super IP', and is a member of the Experimental Aircraft Association (EAA). S. Musgrave said it . took him six years to build his plane, with 2,200 hours of work, and he is still not finished. The FAA has inspected the plane and he must fly it 25 hours before the FAA will sign off on the plane. Said he enjoyed building the plane. Most people don't realize how the time it will take. Answering J. Nickolson, he got started by attending the local chapter of the EAA, someone took him up in their Glassair and he.knew that was what he wanted and bought a kit. There are several benefits, because you don't have to have an A & P to work on your plane, you do the work, and you have technical advisors. He invited everyone to the ramp to look at his plane. D. Bowman stated next week on Dec. 17'h the Ozark Military Museum would be having a celebration of the first flight at 9:30 a.m. Mayor Coody will read a Proclamation, and invited everyone to attend. Meeting Adjourned. • Dave Bowman, Secretary Date 4 FAYETTEVILLE AIRPORT ADMINISTRATION OFFICE THE CITY OF FAYETTEVILLE, ARKANSAS -Z • Annual Report for 2003 Aviation and Economic Development Department Fayetteville, Arkansas Aviation : 2003 was a great year at Fayetteville Municipal Airport, Drake Field. Along with a continued effort to change the mission of the airport from Commercial Aviation to General Aviation, sales reached 50,000 gallons in one month during October. While that level of sales did not remain at that peak for November and December, it was a milestone that we hope to reach more often in the future. The use of our airport has grown by 34.5% when comparing 2003 to 2002 and sales have increased 20.38%. The new Executive Hangar Complex was completed this year. The additional aircraft parking area will allow for based corporate aircraft to remain clear of the transient parking area and for new hangars to be constructed for our growing number of corporate based aircraft. Conceptual plans allow for six hangars to be constructed on the ramp with the first being the Fixed Base Operations (FBO) hangar. The ramp development and construction project was $722,884. 13 with the State providing $393, 136.06 toward the project. • The first new corporate hangars to be constructed in Fayetteville in many years were completed this year. The new 18,750 square foot FBO hangar opened in April. We have several permanent tenants in the building including three Beechcraft King Air and five smaller aircraft. We routinely use the hangar for overnight customers and expect more frequent use during the winter months. Total cost of the project was $718,456. 15 with the State of Arkansas Department of Aeronautics providing $200,000.00 toward the project. Next door, Flying Investments Inc. of Arkansas completed construction of their first hangar about the same time. Flying Investments is an aviation management company. They have signed another ground lease to construct a second hangar between their first hangar and the highway and expect to build the hangar with a connecting office and shop complex early in 2004. The company performs FAA required modifications on Falcon jets. The U. of A. signed an agreement to lease a hangar for their two new aircraft. We contracted for the design and received bids for the construction. A notice to proceed was issued December 15, 2003 with an expected completion date of mid June 2004. The new hangar is 120' X 80' and will include office and lounge space. It will easily accommodate their Beech Jet 400 and their King Air 200. The new hangar will be the third new facility to be built on the new Executive Hangar Complex and will be funded through a State Department of Aeronautics contribution of $243,820.00 toward a total project cost of 591 ,270.00. The matching funds will be provided through the City's Economic Development Fund. • 1 4500 SOUTH SCHOOL AVENUE. SUITE F • AIRPORT TERMINAL BUILDING FAYETTEVILLE, AR 72701 PHONE 501 -718.7640 Ext. 5 • FAX 501 -718-7646 • The Ozark Military Museum built anew hangar on the land leased from the airport for their museum. The hangar along with the former FBO building will house military aircraft, equipment and historical artifacts associated with the military. The museum paid for the new hangar in full and made significant improvements to the old terminal building. They opened to the public in June. . The ugly green hangars that were along School Street were re-skinned in a new high end "Khinnar" finish with accent panels that greatly improved the face of the west side of the airport. The project had many problems from start to finish but persistence paid off and the results are very nice. The State of Arkansas Department of Aeronautics supported the project with a grant of $81 ,007.00. A major pavement rehabilitation project, FAA funded AIP #29 was completed. The runway received a rejuvenating compound and new striping. The taxiways were widened to 50 feet and re-stripped. The grassy area north of the terminal building was paved over increasing the size of the transient aircraft parking ramp. Additional ramp expansion was included at the North end of the airport and east of the T hangar area in preparation for a mini corporate hangar area development. We are awaiting an amendment from McClelland Engineering prior to close out. The total project cost was $2,684,726. The City contribution to the project was $ 134,236. Wayne Jones of McClelland Consulting Engineers and I attended the FAA Partnership Conference in Fort Worth in February and while there scheduled meetings with our FAA project manager to discuss the USDA Forest Service project to locate a fire base at the airport. We were able to get FAA commitment for the Forest Service Fire Base project and immediately scheduled a meeting with the • Forest Service engineer from Atlanta, the FAA Project Manager from Ft. Worth, McClelland Consulting Engineers and airport staff to finalize the design and construction schedules. Following a series of meetings, an agreement was consummated between all parties for McClelland Consulting Engineers to design and provide construction oversight for the taxiway and ramp portions of the project. Funding for the taxiway was provided by the FAA and funding for the parking and loading ramps was provided by the USDA. We awarded contracts for construction in September to APAC of Arkansas, McClinton Anchor, and broke ground for the project the next month. By mid 2004, USDA should be operating C- 130, P-3 and Beechcraft Barron aircraft from Fayetteville Municipal Airport, Drake Field. The FAA grant for 90% of the airport taxiway construction was awarded as All? #31 in the amount of$ 1 ,232,723. The Forest Service Grant funded 100% of their ramp area and turnouts for a total project cost of$2,348,036.20. We applied for State assistance and received the full 10% match for the Taxiway construction. Only $5,836.60 in airport funds are required as 5% match of the airport taxiway engineering and design. Arkansas Aviation Technology Center moved out of their second hangar effective October 1 , 2003 . More than a year ago, they had petitioned the airport to reduce their lease amount which was approved. They determined that they no longer needed the building to comply with their licensing agreement with the FAA. They have not needed the building for a long time. This will allow more flexibility for the airport. We have potential clients for the building and will continue to lease to Flying Investments for storage of their Falcon 20 aircraft until the new client makes a final decision on occupancy. It is also available for aircraft cold storage. • 2 • Aircraft Maintenance Professionals (AMP), a partnership of Bob Dean and Mike Sergeant, purchased the .airplane maintenance business from Jim Bell of Bell Air Aviation. AMP signed a lease for the building and took over the business. They are well known in the aviation business in Arkansas and generated more business for the airport from the start. They have applied for a first right of refusal to lease the larger hangar once used by the Arkansas Aviation Technical Center. Jim Bell agreed to do hangar door preventative maintenance for the airport. Hangar doors are complicated and can be dangerous if not properly maintained. We are very happy to have him do this very specialized work for the airport. The FAA Airways Facilities maintenance folks replaced the VASI with a new PAPI for our airport. Both are visual approach glide path aids that assist the pilot in achieving the best approach slope to the runway. The VASI was old and becoming more difficult to maintain. The PAPI is a new system installed at no cost to the airport. On the night of March 20"i an aircraft en route to Fayetteville from Wichita, Kansas, went down 5 . 1 miles south of the airfield on the instrument approach. Airport Maintenance Supervisor Leon Kichline and I responded and attempted to locate the aircraft along with Fire Departments, Police Departments, FAA personnel, and Rescue Units from several communities in the area, as well as the Washington County Sheriff's Deputies. Using our direction finding equipment, Leon successfully located the downed aircraft in a deep ravine and called in rescue personnel. The site was in the county and due to the remoteness of the site and the existing weather conditions, it was verydifficult to find. Washington County Sheriff', Steve Whitmill held a series of meetings involving all • emergency response organizations in the County to discuss the events surrounding the search and eventual rescue. It was a very good meeting with all parties actively pursuing improvements in the system. The outcome of the meeting involved communications among the organizations and the teams. A working committee was formed to develop solutions. We spent a lot of time recruiting a Charter Service provider for Fayetteville. We have had several prospects and finally were able to reach an agreement with Executive Aviation Services, Inc. (EAS). EAS operates a Beechcraft Super King Air 200 which is a cabin class turboprop aircraft capable of up to nine passengers and a Piper Navajo capable of up to 5 passengers. The company is fully licensed and offers an economical travel option to the business community of Northwest Arkansas. EAS also provides contract pilots to the University of Arkansas and has established an office in the Airport Terminal to service its customers and the University. I rewrote the Airport Minimum Standards for Operations and Commercial Activities. Following the rewrite, the Airport Board met in two strategic planning sessions to discuss the changes. The goal was to make the document easier to understand and more user friendly. The Airport Board approved the new Standards at their December meeting following a public hearing to take comment from the public. The new revised Fayetteville Municipal Airport, Drake Field Minimum Standards will be forwarded to the City Council for approval at their January 6, 2004 meeting. • 3 We awarded a project for a self service fuel tank and dispensing system to be installed on the east • side of the airport. The system will have a 1000 gallon tank with dispensing system and credit card reader so that customers can pull up and pump their own fuel. The Arkansas Department of Aeronautics awarded a 50150 Grant for the purchase and installation of the system. Air Fest 2003 was a huge success. The A- 10 Demonstration Team came again this year. We had fly over demos from the F- 117 and the B-2. We also featured a Mig- 17 and the Swift Magic demo team. The Museum made a good return on the project and the Airport received a significant public relations benefit. We have applied for support from all military services for the 2004 show and have started to schedule acts. Judy attended the ACAS convention and made several contacts for our show. The first week of October I flew to Orlando Florida for the National Business Aviation Association convention. Flying Investments, LLC, coordinated by David Hollman provided Transportation at no cost to the City. We flew down on their Falcon 20 on Sunday the 5`s to get ready for the convention to start on Monday since we were an exhibitor. We used the Advertising and Promotions display booth, printed tri-fold fliers, purchased marketing pens, manned the booth for four days and talked to thousands of people from all over the world in the business aviation community. We returned on Thursday October 9`". It provided a great opportunity to talk to many folks and to compare our efforts with those of other airports. We will partner with the State of Arkansas for the convention next year. During the year we attended the Arkansas Airport Operators Association Conference in Eureka Springs and the Arkansas Economic Developers Association Conference here in Fayetteville. • Two of our line personnel left for better paying jobs. Jimmy is working as a BMW Mechanic. Eric took a job in the Wal-Mart return warehouse. The new members of our staff are: Lance Laubach: Lance attended Greenland High School and is currently a student at the U of A pursuing a degree in Finance. He will graduate next year. He will be working the evening shift and going to school in the morning. He left Lowe's to take this position. He is a pilot and owns his own aircraft. He also attended the Arkansas Aviation Tech Center. In his interview he described himself as able to multitask, hard to fluster and an overachiever. Tom Marden: Tom is from Camden where his father is the Airport Manager. He has been around airplanes all of his life. He graduated from the Arkansas School for Science and Mathematics in Hot Springs and will enroll in January as a student at the U of A in Mechanical Engineering. He won honors as the FAA Junior Aviator of the Year in 1999 and received his pilot license in 2002. He recently won the Arkansas Cat III Junior Aviator of the Year Award and received $ 1000 Grant to continue his flight training. He is in the Marine Corps Reserves at Camp Pike. He will work the morning shift and go to school in the evenings. • 4 • Economic Development: • We were very active with the Chamber of Commerce Transportation Committee and facilitated several recommendations. One was a suggestion to locate a railroad spur just north of the airport. The State of Arkansas Highway and Transportation Department conducted a study and published a minute order including the suggested route to the South Industrial Park. We hope to get started on the project in 2004. I was voted Vice Chairman of the Transportation Committee for 2004. As part of the Economic Development Committee of the Fayetteville Chamber of Commerce we visited Foreign Trade Zones (FTZ) at the Part of Catossa in Oklahoma and at the Port of Little Rock. Having an FTZ would allow foreign goods to enter the zone without paying duty until it left the zone. It could save industry as much as 7% and be a revenue source for the zone manager. We are interested in being ready for a customer should there be a need in Fayetteville. With the rail siding and the airport, the natural addition would be a Foreign Trade Zone. It turns out that becoming a sub zone of the Arkansas zone is relatively easy and can be accomplished quickly. We are ready when and if a client demonstrates a need. I attended several meetings with the primary Economic Development organizations in Fayetteville, the U of A and the Chamber of Commerce. After several meetings we determined that economic development is not very well defined in Fayetteville. Following those meetings, we met several times with the Mayor and several business leaders on the future of our Economic Development Program. The first meeting centered on the need for transportation improvements and getting those improvements done without delay throughout . the City of Fayetteville. Subsequent meetings concentrated on the need for a private not for profit economic development organization as an arm of the chamber with a separate board of directors. We traveled to Little Rock with the Mayor and members of the Chamber of Commerce to meet with Jim Pickens, Director of ADED, to discuss the future of our. program. Following recommendation of our community leaders core group, we arranged for Tom Tickner, an Economic Development consultant to help with the organization and the vision for the future. He will visit in January of 2004. We met for the first time in 2003 with the University of Arkansas Economic Development Institute. Discussions involved partnerships for the good of all in Northwest Arkansas. We had an opportunity to visit CAST, a satellite mapping and research operation at the U of A. The partnership will evolve for the benefit of the entire community. The U of A is fast becoming a nationally ranked technology based research institution that will produce the kind of talent on the Knowledge based industries that we would want to retain in our community. With the renewed interest from developers in building the types of structures that this type of business requires, the potential is great for the future. We are working to be ready. • 5 We met several times with a company considering a new sports related development in the City and • have shown several sites that might be right for such a development. We responded to several requests from ADED for ground and for existing buildings. We assisted Standard Register with application and receipt of State and City incentives associated with their major expansion. Respectfully Submitted, Ray M. Boudreaux Director • 6 FAYETTEVILLE THE CITY OF FAYETTEVILLE, ARKANSAS DAN COODY, MAYOR 4600 School Ave., Suite F Fayetteville, AR 72701 470.715.7642 AVIATION AND ECONOMIC DEVELOPMENT RAY M. BOUDREAUX, DIRECTOR TO: Airport Advisory Board Members THRU: Ray M. Boudreaux, Director FROM: James Nicholson, Financial Coordinator DATE: January 8, 2004 SUBJECT: FBO Report Tower Operations Graph: Below is a graph which depicts monthly aircraft operations as counted by the Fayetteville Municipal Airport ATC Tower. This graph compares monthly totals of aircraft operations since January 2002. The 2003 cumulative total shows a growth in operations of 34.5% over 2002. OPERATIONS . - CUMULATIVE 2001 - 2003 c 50 ❑ 2001 °0 40 ❑ 2002 ® 2003 30 20 • 10 o 1 FBO Fuel Sales: As can be seen in the graph below, fuel sales volume continues a trend of growth over 2002, surpassing the 350, 000 gallon mark. The December sales level is approximately 86% of the FBO's monthly average volume for the past 12 months of 30,551 gallons. Volume sales have increased 20.4% over the same 12 month period, (Jan-Dec '02/03) in the year previous. FUEL 5ALE5 - CUMULATIVE 2001 - 2003 c 400 c ° 350 ® 2001 a 300 02002 250 02003 O c 200 � 150 10 . , l 1 14 • )�e 411 �e e )31 ov c4l yea 0& +6 opo - • Local Area Data: Retail fuel prices in the local area increased at some airports in December. Following is a comparison of regional retail fuel prices as of 1 /8/2003: Regional Jet Center (XNA) Avgas: 3.08 Jet-A: 2.79 Pinnacle Air (ASG) 2.61 2.47 Beaver Lake (Rogers) 2.78 2.47 Hughes Aviation (Bentonville) 2.72 (SS-2.34) 2.54 Siloam Springs (City-run) 2. 35 (ss-1 .99) 2.25 Fayetteville Municipal 2.41 2.31 Regional Jet Center provides discounts on Jet-A; . 10 @ 500 gals+, .20 @ 1 ,000 gals + Fayetteville offers discounts for cash sale and quantity discounts on jet fuel. The Graph below illustrates wholesale fuel price fluctuation since January 151, 2003. Since mid-October prices have cycled up and down slightly. Late December / early January indications show a steep increase in 10OLL price. Wholesale Fuel Price Trend 50% 25% / ' �� '% Lhg JetA • zox —x c g w0u IC V y 5% — AA o' U 15X - 20% Lm aim � � Rffi Week 2005 FYV Fuel Ops Facts: Average monthly fuel sales: 30,551 gals December 2003 fuel sales: 22,395 Jet - 84. 7% 4.028 Avgas - 15. 3% 26,423 Total Jet-A sold to FYV-based customers in December: 13,587 - 60.6% Jet-A sold to transient aircraft customers in December: 81808 - 39.4% Avgas sold to FYV- based customers in December: 1 ,502 - 37.2% • Avgas sold to transient aircraft customers in December: 21526 - 62.8% City of Fayetteville Arkansas • Airport - Drake Field Operating Statement - Airport Board For the Month Ending: 12/31/03 2002 2003 2003 2003 2004 Actual Budgeted Actual YTD Pdctd Yr End Budget Operating Revenue Rents & Leases 287,035 336,350 3409036 358,068 370,200 Aviation Fuel 499,471 1 ,100,000 714,047 705,647 853,000 Miscellaneous 16,461 35,000 26,520 27,128 22,500 Total Operating Revenue: 802,967 1 ,4719350 1 ,080,603 1 ,090,843 1 ,245,700 Operating Expenses Personnel 312,807 361 ,612 350,104 348,712 370,802 Materials & Supplies 12,464 44,590 34,248 36,313 39,450 Aviation Fuel Purchases 320,641 630,000 464,840 469,693 522,000 Services & Charges 179,982 2669392 2309587 226,442 248,059 Cost Allocation to General Fund 144,612 144,612 144,612 144,612 144,612 Maintenance 48,874 55,610 539172 559455 63,710 Operating Capital / Equipment 25,206 12,753 18,203 71500 ATC Tower Costs 192,500 48,750 Total Operating Expense 1 ,044,586 11695,316 19290,316 1 ,299,431 11444,883 • Change In Fund Balance (241 ,619) (223,966) (209,713) (208,588) (199, 183) from Operations Includes December fuel revenue not yet billed • Page 2 • City of Fayetteville Arkansas Airport - Drake Field Airport Fund Statement - Airport Board For the Month Ending: 12/31/03 Beginning Funds Available - 01 /01/2003 2,474,359 Airport Fund Revenue YTD Projected YE Est 2004 Interest on Investments 74, 180 80,924 45,000 Non-Op Miscellaneous 12,609 129577 Total Fund Revenue 86,789 93,501 45,000 Airport Fund Expense 2003 2004 Capital Project Expense / Grant Matching YTD Projected @ Completion Projected AIP #29 - Pavement Rehab 17,001 17,001 - AIP #30 - Taxiway A Extension Design 21681 2,681 3, 155 AIP #31 - Taxiway A Ext. Construction Hangar Rehabilitation 36,493 36,493 Corp Ramp Pavement 3309072 330,372 FBO Hangar 518,792 518,792 - Executive Hangar 2@ 60x60 18,200 18,200 348,000 East-side Self-serve 100LL 11794 11794 16,173 10 Bay T-Hangar - - 100,000 UA Hangar - • Security Improvements 14,952 140952 AIP #32 - Taxiway A Ext. Phase II Executive Hangar 2@ 60x60 - - 258, 100 100 x 200 Corporate Hangar - - Roof Maintenance - - 20,000 New Airport Entrance - - 100,000 Repair Parking Lot 61920 Debt Service - Total of Project Expense - Airport Fund 939,985 940,285 852,348 Income Less Expense (853,196) (846,785) (807,348) Change In Fund Balance from Operations (209,713) (208,588) (199,183) Ending Funds Available 12/31/2003 114119450 Est. 11418,986 412,456 • • Office of the Mayor City of Fayetteville Oftkdv $Irortamatijan WHEREAS: Rick McKinney has been a dedicated supporter of the growth and Improvement of the Fayetteville Municipal Airport for 30 years, and WHEREAS: he has been an aircraft owner and tenant of Drake Field since 1984, and WHEREAS: Rick has served on the Fayetteville Airport Advisory Board since It was established In 1991 and has served as its chairman for five years, and WHEREAS: Rick has also served as a member of the Board of the Arkansas Air Museum, and has actively volunteered for Airfest each year, and WHEREAS: Rick Is a great supporter of youth in aviation through the museum and an annual participant in Young Eagles Day, NOW THEREFORE, 1, Dan Coody, Mayor of the City of Fayetteville, Arkansas do • hereby proclaim Thursday, January 8, 2004 as "RICK MCKINNEY DAY" In Fayetteville and urge all our citizens to Join me In expressing our gratitude to Rick McKinney for his many years of service to the airport and to this community. IN WITNESS WHEREOF, I have hereunto set my hand and caused the Seal of the City of Fayetteville, Arkansas to be affixed on the 8th day of January, 2004. Mayor Attest: �Qyx�lt,� Qynuc�� City Clerk • Office of the Mayor City of Fayetteville prortamation 1W - WHEREAS: Rick McKinney has been a dedicated supporter of the growth and improvement of the Fayetteville Municipal Airport for 30 years, and WHEREAS: he has been an aircraft owner and tenant of Drake Field since 1984, and WHEREAS: Rick has served on the Fayetteville Airport Advisory Board since it was established in 1991 and has served as its chairman for five years, and • WHEREAS: Rick has also served as a member of the Board of the Arkansas Air Museum, and has actively volunteered for Airfest each year, and WHEREAS: Rick is a great supporter of youth in aviation through the museum and an annual participant in Young Eagles Day, NOW THEREFORE, I, Dan Coody, Mayor of the City of Fayetteville, Arkansas do hereby proclaim Thursday, January 8, 2004 as "RICK MCKINNEY DAY" in Fayetteville and urge all our citizens to join me in expressing our gratitude to Rick McKinney for his many years of service to the airport and to this community. IN WITNESS WHEREOF, I have hereunto set my hand and caused the Seal of the City of Fayetteville, Arkansas to be affixed on the 8th day of January, 2004. Mayor Attest: City Clerk i AIRPORT BOARD MEMBERS (and their terms of office) 2- 19-91 : First meeting of Airport Board, members and their terms of office were announced Appointed Appointed End of Term Actual Ending Date -------------------------------------------------------------------------------------------------- 1 year: Leo Yanda thru 12-31 -91 2 years: Ernest Lancaster thru 12-31 -92 3 years: Richard P. McKinney thru 12-31 -93 4 years: Robert Waldren thru 12-31 -94 5 years: Blake W. Schultz thru 12-31 -95 (Died)actual thru 8-91 10-3-91 Board Mtg. Harlan Tiffee to'll Schultz term thru 12-31-95 Yr. 1992 : Leo Yanda 2nd term re-appointed thru 12-31 -96 Ernest Lancaster Richard P. McKinney Robert Waldren Harlin Tiffee Yr. 1993 : Leo Yanda 4-01-93 Mtg. Bill Mongeau appointed thru 12-31-97 actual thru 12-31-93 (Replaced Lancaster) Richard P. McKinney Robert Waldren resigned /thru 1-93 John Gearhart to fill term Waldren term thru 12-3194 Harlin Tiffee Yr, 1994: Leo Yanda 2-10-94 Mtg. Truman Smith appointed thru 12-31-12-3197 (Replaced Mongeau) Richard P. McKinney appointed 2"d term thru 12-31 -98 John Gearhart Harlin Tiffee Airport Board Members & Terms Page Two Yr. 1995 : Leo Yanda Truman Smith Richard P. McKinney John Gearhart appointed I " full term thru 12-3199 Harlin Tiffee Year 1996: Leo Yanda (resigned) actual thru 6-96 Truman Smith Richard P. McKinney John Gearhart Don Lyall appointed I " term thru 12-31 -00 (Replaced Tiffee) Frank Burggraf tofill Yanda term thru 12-31-96 ---------------------------------------------------------------------------------------------------------------------- Year 1997: Frank Burggraf Truman Smith Richard P. McKinney John Gearhart (died) actual thru I1-97 Charles Wallace to fill Gearhart term 12-16-97 thru 12-31-99 Don Lyall Year 1998 : Frank Burggraf Truman Smith re-appointed I " term thru 112-31 -02 Richard P. McKinney Don Lyall Charles Wallace Year 1999: Frank Burggraf Truman Smith Richard P. McKinney Don Lyall Charles Wallace Airport Board Members and Terms Page Three 3 Year 2000: Frank Burggraf Truman Smith Resigned 10-00 Richard P. McKinney Don Lyall Charles Wallace thru 12-31 -00