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HomeMy WebLinkAbout2011-05-12 - Agendas - Final TDirector Ray Boudreaux aye evl le Chairman Bob Nickle Financial Coordinator lames Nicholson nn Knr. ses Vice Chair Janice Stanesic • Senior Secretary Louise Powers Secretary Otto Loewer Member Tim McCarley Member Mike Gibbs Member Rick Bailey Member Joshua Mahony AGENDA Fayetteville Executive Airport Board Meeting 1 :30 p.m., Thursday. May 12, 2011 Terminal Conference Room, 4500 S. School Avenue City of Fayetteville, Arkansas As a courtesy please turn off all cell phones and pagers. 1 . Welcome. Chairman 2. Approval of the Airport Board Minutes of the April 14, 2011 meeting. 3. Receiving of Reports. A. Director Boudreaux, Aviation Director. B. Financial Coordinator James Nicholson, Budget Report. C. Senior Secretary Louise Powers, T Hangar Report. D. Wayne Jones, McClelland Engineers, Construction Report. E. Museum Executive Director Warren Jones. Museum report. • 4. Old Business. A. Report: FAA Airport Certification Inspection. B. Report: Security Project Grant. 5. New Business. A. Strategic Planning Discussion. 6. Other Business. A. Items from the Public. B. Items from the Airport Board. 7. Meeting adjourned. NOTE: Next Airport Board Meeting: June 9, 2011 Strategic Planning Meeting: None Scheduled • 4500 SOUTH SCHOOL AVENUE, SUITE F • AIRPORT TERMINAL BUILDING • FAYETTEVILLE AR 72701 479.718.7642 • 479.718.7646 FAX • www.accessfayetteville.org/governmentlaviaGon airport-ewnomic-development@ci.fayetteville.ar.us Fayetteville Executive Airport Board Minutes April 14, 2011 Board Members Present: Bob Nickle, Otto Loewer, Janice Stanesic, Tim McCarley, Rick Bailey, Josh Mahony, and Mike Gibbs attending by Skype from China Staff Present: Ray Boudreaux, James Nicholson, Louise Powers Others Present: Wayne Jones-McClelland Engineering; Joel Walsh-Northwest Arkansas Times ITEM #1 : Welcome. Chairman Bob Nickle. Explained one Airport Board Member, Mike Gibbs, was attending today by Skype from China, and thanked him for his dedication. The time in China is 2:30 a.m. He welcomed the newest Board Member, Josh Mahony. ITEM #2: Approval of the Airport Board Minutes of the March 10, 2011 meeting. A motion to approve the minutes was made by Janice Stanesic and seconded by Josh Mahony. The motion carried. ITEM #3: Receiving of Reports. A. Director Boudreaux. Told of Million Air canceling the lease on one of their corporate hangars. The rent was $3,000.00 a month. The hangar is heated and has electric, and we need a tenant. This will affect our budget. We are working on an ad to put in the Business Journal. Reported the FAA is not funding the Obstruction Removal project. We need to list the obstructions differently to fit the FAA guidelines. One option is to light the largest obstruction. The repairs on the fuel farm for overflow spills have been completed. Million Air hired the company making the repairs to put in a new pump, so there are no leaks. • The representative from the wildlife assessment company was not able to make the meeting today. The Airport's Emergency Plan is almost completed, it has to go to the Police and Fire Departments and to the Washington County Emergency Management Office, coordinating 115 pages of text and attachments, then forward the document on to the FAA for approval. We will have an RSAT (Runway Safety Action Team) Meeting next week with tower personnel and Airport Administration staff, and anyone is welcome to attend the meeting. B. Financial Coordinator James Nicholson, Budget Report. Stated that March numbers had improved and Million Air had played a role in that, but our numbers for the year are still lower than previous years. The FAA has forecast that the corporate flying will be the fastest recovery in general aviation. Million Air's military fuel contract has drawn in more military flights. The Forest Service operated out of Drake for several days and bought fuel while here. Million Air now has Phillips 66 fuel, and the fuel price has seemed to have gone up. Director Boudreaux stated the Airport's self serve AVGas is about $ 1 .00 less than truck service. The Airport has a formula to calculate the selling price of the self serve. Self serve fuel is not a money making experience. We have had promotions in the past and sold the fuel at cost and lower, but it didn't increase the fuel sales. James related that in 2010 the Airport spent $2,000 on fuel farm repairs, and also had to buy two new computers for the pumps. It was suggested the Airport needs to get more transient visitors and to not get rid of any margin in the formula for the selling price of the fuel. Million Air does offer some discounts on their fuel sales. Reporting on the Airport finances, said the Airport will still have to pay on the loan from the City for the hangar and we will be losing about $21 ,000 in revenue. We have received a small amount in tax rebate and our operating expenses are okay. Director Boudreaux stated the City had lowered the interest rate on the hangar Million Air is vacating and we were able to reduce the rent. C. Senior Secretary Louise Powers, T-Hangar Report. We just rented a hangar for storage and now • we have three small hangars available. D. Wayne Jones, McClelland Engineers, Construction Report. One concrete curb has been replaced at the contractor's cost, the gate for the T-Hangars has been installed, and some seeding has been done. Director Boudreaux explained that those using garage door clickers/openers for the gate, they will still 1 work. Wayne they are still working on some punch list items, ditches, standing water, seeding. The completed work revised drawing for the project will be reviewed next week. Stated he had brought the ALP (Airport Layout Plan) today and he and Ray will review to remove some of the obstruction from the layout. Our plans are to be able to submit to the State Aeronautics for payment in May. The Right-of- • Way plans will be submitted to the Arkansas Highway Department in May, making their changes, and set the Right-of-Way monuments, then the City can deed the highway to the State and then the County will release the old highway to the City. Director Boudreaux said the City Council will be making a tour of the Airport's new project on May 2"" E. Museum Report-Josh Mahoney. Warren was unable to make the meeting. He said the Young Eagles event will be this Saturday at 9:00, with a pancake breakfast and fly-in at 7:30. The Aviators' Ball will be in May, tickets are $50.00 per person, includes a catered meal, and there will be a band for dancing. ITEM #4: Old Business. A. Update: Airport Security Project. The Application for a Grant from the Arkansas Aeronautics for the security project is on the City Council's consent agenda for Tuesday night. If it is approved it will be presented to the State Aeronautics at their May meeting in Berryville. B. Update: C-130's training at Drake Field. Discussion followed regarding the Airport's additional military flights and possible ways to increase military flights and general aviation pilots using Drake Field, scheduling fly-ins with breakfast or lunch, or schedule fly-ins when C-130's can be on the ramp for tours, maybe schedule the C-130 tour every six months. ITEM #5: New Business. A. Discussion: Corporate Hangar. Previously discussed. B. Discussion: Hay Lease. The person leasing now has decided he doesn't want to continue at the same rate, as part of his harvest land was taken in the re-routing of the highway. We would like to put the lease out for bids again. The lease contains a complete plan on how to farm the land, in flood plains there are some restrictions. If anyone is interested they should contact the Airport Administration. • ITEM #6: Other Business. A. Items from the Public. None. B. Items from the Airport Board. Josh Mahony asked if there would be a ramp fee for the fly-ins. Director Boudreaux said they would check on that. Director Boudreaux suggested having a Strategic Planning Meeting to discuss ways to capture business and ways for the Airport to continue to grow and suggested a few items to discuss. • Where do we want the airport to be, in terms of assets and customer accommodation, in the next five years? • What projects do we need to concentrate on other than the FAA/AIP projects already in the five year plan? • How can we get more traffic and more based aircraft at Drake? • Is there anything we can do to attract more business for our based businesses? • What can we do to increase revenues? • How do we make Drake more pilot friendly? He stated he would send out an email survey to the Board. He would like to have it as part of the Airport Board Meeting. Janice Stanesic stated she would not be at the meeting. Mike Gibbs said he would be back for that meeting and is looking forward to the Strategic Planning Meeting. MEETING ADJOURNED AT 2:30 p.m. • Otto Loewer, Secretary Date 2 6 THE CITY OF FAYETTEVILLE, ARKANSAS Layl: l leISION ASSchooVIATION DN, SteF 4500 5 School Ave, Ste FFayetteville, AR 72701 P (479) 718-7642 NSAS May 9, 2011 MONTHLY REPORT Aviation Department Fayetteville, Arkansas For the Month of April, 2011 • ACTIVITY: The weather didn't cooperate again for the month of April. It is hard to fly in torrents of rain and thunderstorms. We recorded 18 inches in the week long rain event and lost the south safety area fence. . . again! We have already invited bids to repair it. Fortunately, there was no other damage other than a lot of gravel and slit deposited in the waterways. Our staff will grade the creeks so that the wildlife gates will perform as intended. Million Air sold 28,009 gallons of fuel this month which clearly is a reflection of the weather as there were several days where there was no activity at all. Operations were 2254, down when compared to last month and the total from last April. We are counting on the weather being good for flying this summer. • RUNWAY 16 RSA IMPROVEMENT PROJECT: Work is complete and we are working to close • out the project with the -FAA and the State. Next up is transfer of the new road to the State and transfer of the old right of way to the City. It's all about the paperwork! Thanks to all for their indulgence while this important project was underway. We working with the FAA to improve the approaches from the north and have been promised publication by the end of the year. • AIRPORT BLOOD DRIVE: The next bloodmobile visit is scheduled for Friday, July 8, 2011 . Call Lou for more information and to arrange an appointment time. Thank you to all that have donated and those who have tried. Spread' the word .and .bring-a.friend.next time. • T HANGAR FOR RENT: We are down to one empty hangar. We are still offering one month free for a 1 year lease for an .aircraft. We will rent for storage with the understanding that if we fill up and need the unit for aircraft, storage tenants will be asked to. move out. Last in first out. Spread the word that space is available at Drake. • WILDLIFE HAZARD ASSESSMENT: Loomacres Wildlife Management continues to do their work and will be wrapping up in July. FAA will then decide whether to contract for a Wildlife Hazard Management Plan. Loomacres is ready to complete the plan when FAA gives the go ahead. • ARKANSAS AIR MUSEUM AVIATOR BALL: The Aviator Ball will be held May 14th at the Museum. If you have not reserved your seat, call the Museum at 521 -4947. We plan to hold this event every year as the primary fund raiser for our Museum. Please show your support by your attendance. Dinner and dancing to the "Big Band." • ANNUAL FAA CERTIFICATION INSPECTION SCHEDULED FOR MAY 10-12 : FAA CERT Inspector, Janny Jack will inspect our airport IAW FAA Part 139 May 10- 12, 2011 . Please welcome her to Drake Field if you happen to see her on the field. • • NEW CONTROLLER FOR DRAKE TOWER: You may have heard a new voice on 128.0 recently. Jeff Wilson came to us from Austin, Texas where he retired from the FAA with 29 years of service. He was a supervisor for 23 years and served in Ft Smith for 2 years before moving to Austin. He began his career with the FAA in New Orleans, Lousiana. He is a U of A graduate with a degree Telecommunications Device for the Deaf TDD (479) 521 -1316 1 113 West Mountain - Fayetteville, AR 72701 in Art studying under Roller Wilson. His claim to fame is his band, "The Zambini Brothers." He toured with the band after graduation from 1974 until 1980. When the band broke up he returned to Fayetteville and worked for Scheduled Skyways as Chief Flight Instructor. He had received his pilot • credentials while on tour with the band. His current band "Catch a Dream" has a new CD coming out soon. He plays the bass guitar and has been with "Dream" for the last seven years. He met his wife while touring with the Zambini Brothers in her home town, where she joined the band as a singer. When Zambini broke up Jeff and Kit didn't. Welcome him to Drake the next time you hear him on the radio. • DRAKE FIELD ON FACEBOOK: We now have more than 152 friends on Facebook. Be sure when you check out our page to click "like" so that you continue to get new posts. Check out: http://www.facebook.com/DrakeFie]dAitport . James recently posted a news segment from Channel 5 Highlighting SkyVenture aviation and Drake Field. It is a great piece! pect 1 S bmitted, Ray M. Boudreaux, Directo • • 2 • • T1 KA Airport Progress Report TO: Fayetteville Executive Airport Board THRU: Ray M. Boudreaux, Director FROM: James Nicholson, Financial Coordinator DATE: May 12, 2011 Tower rations Cumulative MONTH 2007 2008 2009 2010 2011 MONTH 2007 2008 2009 2010 2011 JAN 2,375 2,180 2,492 1 ,932 1917 JAN 2375 2,180 2492 1932, 1917 FEB 2,785 2,629 2,902 2,214 1,320 FEB 5,160 4,809 5,394 4,146 3,237 MAR 3,048 2,333 2,807 2,418 2,818 MAR 8,208 7,142 8,201 6,564 6,055 APR 3,176 2,747 2,629 2,775 2,254 APR 11,384 9,889 10,830 9,339 8,309 MAY 3,195 3,032 2,722 3,015 MAY 74,579 12,921 13,552 12,354 JUN 3,181 2,727 2,876 2,531 JUN 17,760 15,648 16,428 14,885 JUL 30004 3,657 3,100 2,895 JUL 20,764 19,305 19,528 17,780 AUG 3,689 3,358 2,868 2,513 AUG 24,453 22,663 22,396 20,293 SEP 3,288 3,559 3,577 2,684 SEP 21 741 26,222 25,973 22,97711 OCT 3797 3,350 2877 3,125 OCT 31,538 29,572 28650 26,102 NOV 3,341 1 2,739 1 2,586 1 1,9641 INOV 1 34,879 1 32,311 1 31,236 28,0661 1 DEC 1,923 1 2,0151 1,8421 1,841 1 IDEC 1 36,8021 34,3261 33,078 29,9071 1 IMonthlyAvg 1 3,067 1 2,861 1 2,757 1 2,492 1 2,077 jAnnual Ch •23.40% -6.73% -3.64% -9.59% -11.03% • 0preloro•11 MOM t°MpA7m 4m) _Z611 -2NI0 =aAwrnpNN3 °I0pm5=PtrMmb MMIMVEOMAMM 4X6 W4 33M - 0A1 71G Wft PV t o1a0 ^ � Mt AM a AIG tip Op o IFC JAN M NR AM lam 7Ybt 4-Apr ARtrdlOpnretbnn Tnn47 • am • awn ANM780p mtbn Tnnd* • uar , wrr . rr 2YMNYIab117WM1aatl -amm -arsu,a tYvxhulvllf Ya�M�su -warm -u w .r ,w aio la aa° w 0 .Ian • 0 n • AAS'�'+''r'•Air°,�.�J.�O.��Jr�f'Si°r°•r"�'✓'s°�.=.r'f.«Ji .r�A'lFd'11*T:•5:,.'s'i�•r'•r'r•1s'Jrsw'r°Ji FBO Fuel Sales Cumulative MONTH 2007 2008 2009 2010 2010 MONTH 2007R308,0971 2009 2010 2011 JAN 41,704 41,058 36,062 35,528 35,936 JAN 41704 36062 35,528 35,936 FEB 39,663 50,320 43,497 35,468 20,909 FEB 81,367 79,559 70,994 56,845 MAR 51,271 39,089 46,608 41,809 37,333 MAR 132,638 126,167 112,803 94,178 APR 46,944 41 ,265 31,705 30,763 27,611 APR 179,582 157,872 143,566 121,789 MAY 43,650 37,587 33,136 31,018 MAY 223,232 191,008 174,594 JUN 37,852 30,837 28218 27,216 JUN 281,0846 219226 201,800 JUL 32,704 32,114 26,021 26,628 JUL 293,7880 245,247 228,428 AUG 37,985 35,827 25,018 25,011 AUG 331,7737 270,265 1 253,439 SEP 50,706 47,059 39,025 39,845 SEP 382,479 355,156 309,290 293,284 OCT 50,939 52,329 44,578 48,581 OCT 433,418 407,485 353,866 341,865 NOV 43,371 1 37t892 30,469 1 33,718 1 NOV 476t789 1 445,377 1 354,3371 375,583 DEC 29,033 1 30,143 28,732 24,470 DEC 505,822 1 475,5201 413,069 1 400,053 IMonthlyAvg 1 42,152 1 39,627 1 34,422 1 33,338 1 30,447 lAnnual Ch -9.54% -5.99% -13.13% •3.15% -15.17% FW 9del•1ikaT l'ompAAfm -mall -mala ase FIAT 8Alt3 m1AflYEY7NMAYaAO? + $ Y00m Amps AYafl ComWw 70 A60 e Um0 A A10 6 07 A : AM IIA18 3A00 a mAa A e 400 a � Ymo • sAG m MY AN AL AIG 95) CCf NN R AN 8 MR AM m7508 30801 m0848 76a 7610 Voll Neem vale a0-AW Tends: Full alb CmfmnMrT ♦ �� 7 'r`� -++♦rrrvrnrm m0 IP . veto irrs., Tmdx Ra50M ",3Meoan FAAiae _rrrr..ru,a f rirNMaFatllW�laeaa -wrr rrei^ 12 Mash Hudy.3 Yaw FunON -trrrrr.re°nw -erewr �Od'.YY -iwl,4rMtirY.ae a to s0 ♦ . uo sa no : 10 ♦ 0 50 0 ♦+ OSP 1° d:'♦p` �' q+ �°J A°.I Sv,vf 6`+P' �' ¢' �J° i°J d4 0 d Yel .M AI Nq uo Of Nd Oec .een iee w AR Yel An AJ it 2011 Cumubtiva Avg Fuel Sala by F'eecantof rylea Fuel Malan by Month 2011 w nine;Aw ,, h E3 >0 e.w A •R�HMM tUa4 10 asx 8♦nFDt00e1,1.t% e ewAoxT. aea .w1 REII eeu am ewr .fx u •w e>r a:r av: Dg Local Fuel Prices : Fuel prices within 50 miles of FYV as of 5/11 /2011 Ident FBO Name Jet FS I DOLL FS 10OLL SS 91 MoGas AS Jet n $ 1001 n S loess TQH City of Tahlequah (both selfserv) 4.99 5.39 NC 0.60 SLG City of Siloam Springs 5.84 4.99 4.49 NC NC NC VBT SummitAvietion 6.05 5.95 5.75 0.55 0.85 1 .00 FSM TAC Air 6.14 6.64 6.10 NC 0.11 0.11 ASG Pinnacle Air Services 6.15 5.90 5.50 0.20 0.25 0.15 ROG Beever Lake Avi stion 6.26 5.96 0.06 0.33 XNA Regional Jet Center 6.26 5.99 0.06 NC FYV Million Air F tteville / City SS 6.64 6.56 5.90 4,081 NC 0.12 0.46 Fuel Prices : National May 2011 ET-A AND ANGAS PEjR GALLON FUErL PR4C6S Jet-A Jet-A let-A Avgas Avgas Avgas High Low Avg High Low Avg Region Price Price Price Price Price Price Eastern 56.08 54 .60 $6.49 56.75 54 .96 $6.78 Northwest Mountain 57 .85 54 .22 $5.83 57 .67 55.23 $6.33 • Great Lakes 56. 13 54 .60 $6. 13 58.86 55.22 $6.41 western 57 .86 54 .45 $6.39 58,40 55.55 $6.66 Central 57 .72 53 .76 $5.61 57 .99 54 .20 $6.03 Southern 58.30 55. 19 $6.49 Se.98 55.41 $6.80 Southwest 57 .37 54 .60 $6.05 57 .75 54 .79 $6.46 Nationwide 57 .81 54 . 55 $6. 11 58.35 55.04 $6.46 The table above shows results of a fuel price survey of U .S. fuel suppliers performed in May 2011 . This survey was conducted by ARGUS International, Inc (ARGUS) and reflects prices reported from FBO's nationwide . Prices are full retail and include all taxes and fees. The ARGUS fuel survey is published monthly in Business & Commercial Aviation magazine . For additional information contact ARGUS at 513-852- 5110 . April - May !Differences New England 50 .09 SO . 50 50 . 19 50 .54 SO .00 50 .47 Eastern 50 . 18 50.48 50 .20 SO .58 50 .50 50.36 Northwest SO . 16 So . 12 50 . 14 50 . 07 $0 .48 50 .27 Mountain Great Lakes 50 . 18 50 .20 50 .20 50 .66 50 .26 50 .35 western SO . 19 50 .00 50 . 14 SO .00 $0 .60 50 .27 Central 50 .21 SO .60 50 . 21 SO .48 $0 .00 50 . 19 Southern 50 .20 SOAS 50 . 14 50 . 13 50 .31 50. 24 Southwest 50 . 16 50 .00 50 . 15 50.39 SO .00 SO. 21 • Nationwide 50 . 17 50. 26 50 . 17 50 .36 50 .29 So.29 Ta' e evl 1e y AHKAiJSAS • FAYETTEVILLE EXECUTIVE AIRPORT OPERATING SUMMARY MONTH ENDING 4/3012011 AIRPORT BOARD OPERATING ACTIVITIES 2009 2010 2010 2011 2011 2011 Actual Budget Actual Budget Budget YTD Actual YTO REVENUE Rents 8 Leases 468.030 468,078 448,383 452,900 150,967 142,671 Aviation Fuel 126,022 124,839 128,208 117,900 39,300 33,200 Contract FBO 107,449 107,749 110,764 106,944 35,648 33,519 Miscellaneous 5,328 5,000 14,745 7,100 2,367 6,085 INCOME RECEIVED FROM OPERATING ACTIVITIES 706,829 705,666 702,100 684,844 228,281 215,475 EXPENSES Personnel 324.943 383,193 315,079 325,949 118,710 106,290 Materials 8 Supplies 12,469 15,470 12,335 17,741 5,914 4.465 Aviation Fuel Purchases 69,915 77,626 76.631 75,810 25,270 22,468 Services 8 Charges 155,394 188,568 185,161 234,128 78,043 39.481 Cost Allocation to Geneml Fund 8,830 7,915 7,915 7,915 2,638 2,643 Maintenance 54.565 54,881 36,335 55,123 18,374 9,780 Interest on West GA Hangars Loan (accmed) 32,667 30,334 30,333 16,800 5,600 5.600 INCOME USED FOR OPERATING ACTIVITIES 658,782 757,987 663,791 733,466 254,549 190,726 NET INCOME FROM OPERATING ACTIVITIES - GAIN I (LOSS) 48,048 (52,321 ) 38,309 (48,622) (26,268) 24,750 INVESTING ACTIVITIES 2009 2010 2010 2011 2011 2011 Actual Budget Actual Budget Budget YTD Actual YTD NON-OPERATING INCOME Sales Tax Revenue 842 27,619 27,110 24,200 8,067 5,658 Interest on Investments 22,111 21 ,500 17,595 12,000 4,000 2,658 Other - Gain (Loss) on sale of assets 350,870 - 1 ,786 - - - CAPITAL IMPROVEMENTS EXPENSE • 07039 AIR 436 Correct Runway 16 Safety Area Deficiency 23,611 - _ - - 07039 AIR #37 Correct Runway 16 Safety Area Deficiency Phase II 161,037 7,429 6,907 08074 Airport HVAC Improvements (Terminal) 119,051 07039 AIR #38 Correct Runway 16 Safety Area Deficiency Phase III 671 ,772 2,791 ,555 2,772,052 491 ,901 141 ,839 09021 Hangar Fire - disposition of insurance proceeds 13,209 - - - - MinorEquipment - Portable Lighting Rig 3,878 - - - - 10022 Wildlife Hazard Assessment 58,109 24,904 33,205 12,452 10028 Airport Fuel Farm Repair 19,928 20.119 - (512) USED FOR INVESTING ACTIVITIES 618,735 2.827,902 2,777 490 488,906 145,463 FINANCING ACTIVITIES 2009 2010 2010 2011 2011 2011 Actual Budget Actual Budget Budged YTD Actual YTD LOANS Payments on Loan Principal accrued) 46,667 46,667 46,667 37,334 12,445 12,445 GRANTSSTATE / FEDERAL Due/Received from Slate Grants on Fed Projects 10,098 193,565 177,582 193,565 7.714 Due/Received from AIR #36 Correct RW 16 RSA 57,297 - - - Due/Received from AIR #37 Correct RW 16 RSA Phase II 69,993 - - - Received from FEMA Replace Airport Fence - 2008 Flood Damage 8,050 - - - Due/Received from Airport HVAC Improvements - State Grant 102,000 - - - Due/Received from AIR #38 Correct RWIG RSA Phase III 716,861 2,651 ,977 2,633,449 272,238 134,747 Due/Received fmm AIR #39 Wildlife Hazard Assessment - 58,197 23.741 31 ,463 11 ,830 Due/Received from Dept Aero - Fuel Farm Repair - 17,935 19,027 - - NET INCOME FROM FINANCING ACTIVITIES 917,632 2,875.007 2,807,132 459,932 141.846 AIRPORT CASH BALANCE 914,566 908,504 982.518 904.921 1,003.650 CURRENT ENCUMBRANCES (CAPITAL) NICE TASK ORDER #1 - Engineering AIP#38 30,109 30,109 18,250 Sweelser Construction Inc. - Construction AIP#38 461 ,792 461,792 146.224 Loomacres - Wildlife Assessment AIR #39 33,205 33,205 20.753 LONG TERM LIABILITIES Hangar Loan Principal 513.332 513,332 500,888 ROVED GRANTS (Not yet accrued) - CAPITAL PROJECTS State Grants on Federal Projects (193,565) (193,565) (8,269) RW16 Phase 111 (272,238) (272,238) (137,491) Wildlife Hazard Assessment (31 ,463) (31 ,463) (15,689) AIRPORT CASH MINUS LIABILITIES 441,345 363,749 QYE 478,984 FAYETTEVILLE EXECUTIVE AIRPORT, DRAKE FIELD STRATEGIC PLANNING May 12, 2011 DISCUSSION TOPICS • New revenue sources • Cost cutting measures • Cash Flow Initiatives • Sources of new customers • Marketing methods and ideas • Has our Vision of the airport changed? • How are we doing? • What can we expect in the future? • What initiatives can we take to insure market share for Drake? • Is there anything we are not doing that we need to be doing? • What are the current issues for pilots/passengers/customers that we can • expect to influence their decisions? • How do fuel prices influence our customer base? Our local/transient customer? • Do we need to change our goals? Mission Statement? Are there tasks that we can establish to achieve our goals? • How do we lease the empty hangars? Should we list with an agent? How much does it cost? • What is the baseline? How can we measure success (metrics)? What benchmarks can we establish? What timeframe is reasonable and achievable? What should we measure other than what we already track? • Are we making progress and what measurement tools can we use to document that progress (progress assessment)? • AAO G 2 11 0 A ANIUA OWEr ri r r OCTOBER ' � TH 23 25 2011 NHIARKANSAS / / ' iCONI)EMON CENTER 150OS49THST ♦ / ARKANSAS 'REGISTRA TIONBE MAILED ARKANSAS AkAIRPORT i� OPERATORS A A • A ASSOCIATION MAR YOUR CALE.NDARS usineS'd�wne,s'NORTHWEST ARKANSAS iIG.EEGE44BB Arkansas DemocratjSQPAZCUC csvnWa Ont I.•arw.owme.ioww.K.-. TRAVELE(iS_ ' CHECK eaueehhasbbeen around for .S decades, and its The Gum's P - hurch that people end up. at tee auport a few times a a yen yeas It's not as if the airlines; call The Gmu to say, "Look what we messed up" Still he's reported in the ROBERvT" : SMITH Ufa Flispanic �e XNA, not Norte who ceded up at XNA 111V ��„ with just EGo. Adanvns Carolina in paid to bus them to Noi h Carolina He's been told about Army rerndts headed the mornin' KC,,acamp m Fort Brag& n kanas The Guru can only First, they did it m the un.�ne how drill sergeantsSan Diego Chicken busted those fellas'chops. Now it's been done to Toney Coleman, who's National Public Radio re- the North Carovm aupor s porter Claudio Sanchez assistant director said chil- It s y past time to draw dram bound for XNA have the lim Someone must stop the arrived a his airport "You word "Fayetteville" from l� �t t p vargame ale being used to describe the possibility �P Pcop Ar, from going m the wrong location of Northwest A said kansas Regional Airport. Fayetteville," Coleman "Fayetteville" is properlyMaybe Sanchez is right. associated with Fayetteville This must happen m some- Regional Airport in Fayette- oris big a senator ss for ville, N.C. It's a problem air, this issue be addressed lines have largely ignored Evvenee t tsp t he San Diego Chicken wabig enough, 'There is, of course, an he T and there nary bids airport in Fayetteville, Ark, bigger than The named ht which now c caved Fay- Ted G mothers. him ettevive Executive Airport, Ted Giaruaulu (hake Field It's where As Northwest Arkansas commercial airlines landed Naturals public relationw'` before Northwest Arkan- guy Frank Novak tells R,- sas Regional, on former Giamroulas performed in farmland near Bentonville, . Grand Rapids, Mich, on July opened in 1998. Z WM and then f1m Delta Yet the word "Fayette- Air limes to Atlanta. How- vive" remains prominent in even Delta scheduled The describing the Northwest Chicken and four people Arkansas res location The latest of this F���N m Atlanta North Carolina-Arkansas The Chicken noticed the joke is Sanchez, who aimed mistake, and Delta wanted to By April 8 on US. Air- ,Ma ways from New Orlemss the (cona l desn�' tito on to XNA. to Charlotte, N.C. then . 11e Chicken ducked "No to XNA, the code for the way," rented a van and made Northwest Arkansas airport an 11-hour drive to Sprirg- Instead. Sanchez got to dale to perform. "He told Charlotte and saw his travel me in 35 years of traveling as agent booked him to FAY, The Chicken so hire the code for Fayetteville Re- tris had never dpi ed to hint" Novak said Yep it'll take a bigger fish • than the Chicken experi- encing re encing this trouble before this XNA-FAY flap stops ruffling feathers Robert J. SnAh's ahem about people on Qa mote h North- west Aransas appears each Monday He can be reached at nandhNaf amasordne.own.