HomeMy WebLinkAbout2011-06-09 - Agendas - Final Chairman Bob Nickle
Director Ray Boudreaux Taye evl e
Financial Coordinator James Nicholson nn Knusez 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 .m. Thursday June 2011
Terminal Conference Room, 4500 . 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 May 12, 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. Strategic Planning revisit.
Hangar Loan from the City of Fayetteville
5. New Business.
A. Dedication Ceremony on June 22, 2011 for the Runway 16 Safety Area Project.
B. Air Show Proposal, a public promotion, and In Memory of Amanda Younkin Franklin.
6. Other Business.
A. Items from the Public.
B. Items from the Airport Board.
7. Meeting adjourned.
NOTE: Next Airport Board Meeting: July 14, 2011
Strategic Planning Meeting: In session
4500 SOUTH SCHOOL AVENUE, SUITE F • AIRPORT TERMINAL BUILDING • FAYETTEVILLE AR 72701
479.718.7642 • 479.718.7646 FAX • www.accessfayetteville.org/government/aviafion
airport_economic_development@ci.fayetteville.ar.us ,
I '
FAYETTEVILLE EXECUTIVE AIRPORT-DRAKE FIELD
AIRPORT BOARD MINUTES
May 12, 2011
BOARD MEMBERS PRESENT: Bob Nickle, Otto Loewer, Tim McCarley, Rick
Bailey, Josh Mahony
BOARD MEMBERS ABSENT: Janice Stanesic, Mike Gibbs
STAFF PRESENT: Ray Boudreaux, James Nicholson, Louise Powers
OTHERS PRESENT: Russ Smith-Flying Investments; Wayne Jones-McClelland
Engineers; George Scott-tenant; Joel Walsh-NW Arkansas Times; Frank Sperandeo-
tenant; Ty Rogers-Fayetteville Government Channel
ITEM #1 : Welcome. Chairman Bob Nickle welcomed all attending and explained
Board Member Mike Gibbs would not be attending from China by way of Skype today as
the internet in the terminal building is down.
ITEM #2 ARI!Myal of the Airport Board Minutes of the April 14 2011 meeting.
A motion to approve the minutes was made by Rick Bailey and seconded by Tim
McCarley. The motion carried.
ITEM #3pI EM eeceivinMof ReReportS.
A. Director Boudreaux, Aviation Director. Explained that April had been
disappointing in terms of aircraft operations and fuel sales- as there had-been eighteen
inches of rain. The State Aeronautics Department has requested we try to get our grants
closed out by June so they won't have to carry any over to their new year. The Aviators
Ball at the Air Museum is this Saturday night and he had tickets for sale; a meal and
dancing to the Jack Mitchell Band. Our FAA Airport Certification Inspector o fohere
this week and there was only one write up and it was something two years ag
Fire Department. Called attention to his report in the agenda and the item on our newest
air traffic controller; he is from Austin, Texas and is a musician. Please welcome him to`
the Airport.
B. Financial Coordinator James Nicholson, Budget Report. The trend is lagging
behind last year, with two weeks of rain in April. The bright spot is the increase in
military operations, we have them in several times a week and they are buying fuel.
Million Air now has a military fuel contract. Fuel purchases by itinerant jets and the
military are showing upward trends. The fuel prices are going up, Rogers raised their
fuel price by $ 1 .00 for Low Lead. Million Air lowered their AvGas price today, it is now
$6.39, but their prices are still slightly higher than the other airports in the region.
Referencing the Financial Page, he said the Airport is $24,750 on the positive side,
although a couple of heavy expenses will be hitting our budget, one is an insurance
payment of $ 10,000. Director Boudreaux told of attending the State Aeronautics Meeting
1
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in Berryville last week and we were awarded a $ 144,000 (80%) grant for the airport
security project. It will provide new entries to the airfield, lighting, control gates, cameras
for the fuel farm, the self serve fuel farm and all gates. There have not been any
problems here but it is better to be pro-active than to be re-active.
C. Senior Secretary Louise Powers, T-Hangar Report. Reported there is one
vacancy, but two will be coming available at the end of May. We are renting the T-
Hangars for storage, but if an aircraft owner rents a T-Hangar for one year we will give
them one month free rent.
D. Wayne Jones, McClelland Engineers, Construction Report. Stated they are
wrapping up all the paperwork on the project, verifying all details. He had brought the
Airport Plan set for Ray' s final review before sending it to the FAA before the end of
May. James Nicholson said the grant work is squeezed for time, if it goes over the time
limit then we will have to apply for an amendment to the grant. Director Boudreaux said
he hoped we could get the info to the State Aeronautics by the 15`h, and them approve
their 5% before submitting to the FAA. Wayne said they had submitted plans to the
Arkansas Highway Department and had made the changes they had requested and they
are ready to resubmit. They are ready to issue the Notice to Proceed with the security
project, and it should be ready to bid by the end of June. The airport' s system will be
similar to the security system for all schools in Fayetteville. The system should be up
and running by the end of October. The FAA SW Region Conference is scheduled for
early November. Director Boudreaux said they hope to have two projects ready to
present to the FAA in November: ( 1 ) the terminal apron; (2) rejuvenate—seal the runway
and the painting of twenty-two signs on the taxiways, a new requirement from the FAA
Certification Alert. Our FAA Certification Inspector said they had to be in place by
September of next year. There is no way the Airport can afford to take care of that so we
will request a grant. Our Cert. Inspector said our taxiway signs are getting old, and she
prefers a different brand than what we have, saying our brand works better up north, they
fade out in the south. Our signs are on the FAA' s approved list of providers. Answering
questions about the security system, it will store images up to 72 hours and then start
recording over. The initial badging system will be handled as part of the security project.
If someone loses a badge then it will be their responsibility to pay for replacing the
badge. Gate codes will not be as readily available as they now are, tenants won't be able
to just give them out to twenty of their friends.
ITEM #4 : Old Business.
A. Report: FAA Airport Certification Inspection. Previously discussed.
B. Report: Security Project Grant. Previously discussed.
ITEM #5: New Business.
A. Strategic Planning Discussion. Chairman Nickle presented an idea to think about,
using the insurance money received for the burned hangar to pay down the City loan for
the hangars, which would help the Airport's cash flow. Airport Staff prepared chart of
the current payment schedule and also showed two alternate options, showing the
benefits, supporting Chairman Nickle's idea. (Note: This chart was handed out during
the meeting and can be found at the end of the minutes.) It was decided to have this item
on the June Agenda, giving the Board a month to consider the idea. Ideas were presented
2
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to draw more people to the airport: Bring the Young Professional of the Chamber of
Commerce to the Airport to get them used to the idea that the Airport is an important part
of economic development of the community; to involve Continuing Education; work
towards having a ground school through the University of Arkansas or through the
ROTC; to create public awareness; look into having a Flying Club; to have a quarterly, or
monthly, interactive Bulletin Board by Twitter where our tenants could interact with
Airport Staff with any questions or suggestions and get responses from staff. Otto
Loewer said there are all kinds of ways to generate interest in the Airport, but they won't
be generating revenue, that hanging on, maybe is the best we can do, which is not bad
because then you are around when things begin to change. He said he didn't think we
have reached our potential; we need to link to research, to education, making it known we
are a transportation hub. Director Boudreaux said he had developed a power point
presentation about the Airport and he could present it, or the Board Members could
borrow it for presentations. That Fayetteville needs to consider this airport as an asset,
with easy access from the airport to anyplace in town, as well as being known as a City
with trails. It was mentioned that with the new the new security project we would be
isolating the community more from the Airport. Josh Mahony mentioned the "Rock the
Runway" fashion show at the Air Museum on May 19`h. It will be benefiting the Single
Parent Scholarship Fund NWA. Being an FAA Part 139 Airport costs money, it costs
more to operate this Airport than other local general aviation airports. Frank Sperandeo
and George Scott both suggested reducing the price of fuel, saying that would encourage
more pilots to fly, and George suggested having hot dog events for pilots on the Airport,
as Drake Field is a good practice field with a tower. Director Boudreaux said the
Administration Office would support and offer help within our means, we don't have a
budget for those things. Chairman Nickle suggested having a Tower Practice Day and
have a drawing to give away $ 100 of fuel. He also suggested the pilots talk to their circle
of friends and when they are participating in Young Eagle events or other Airport events
using fuel, to ask them to support their efforts with a donation of $ 10 or $20 to buy the
fuel. The self serve pricing formula was discussed, the size of the AvGas tank- 1 ,000
gallons, frequency of filling the tank and if used more maybe a larger tank could be
purchased getting a better price on the fuel purchased from a distributor.
ITEM #6: Other Business.
A. Items from the Public. Frank Sperandeo asked the Board to consider three things:
( 1 ) Roll back T-hangar rent to the 2008 level; (2) To keep the T-hangar rentals the same
amount for the next four years; (3) Any combination of the previous two suggestions.
B. Items from the Airport Board. To remember to attend the Aviators Ball and the
Fashion Show at the Air Museum, mentioned the AAOA Conference in October in
Springdale. For the Board Members to be thinking about going, as money would not be
spent money on a hotel room, there might be some money available for registration. It is
a good opportunity to network with other Arkansas airport personnel, commissioners, and
mayors.
Meeting adjourned at 3 : 14 p.m.
Otto Loewer, Secretary Date
3
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AIRPORT LOAN AMORTIZATION
CURRENT SCHEDULE -
DATE PRINCIPLE INTEREST INTEREST DUE PRINCIPLE DUE TOTAL PAYMENT PER MONTH -
TOtPmV12= 2=
Jul-11 522,666.66 0.03 15,680.00 37,333.33 53,013.33 4,417.78 2,208.89
Jul-12 485,333.33 0.03 14,560.00 37,333.33 51 ,893.33
Jul-13 448,000.00 0.03 13,440.00 37,333.33 50,773.33
Jul-14 410,666.67 0.03 12,320.00 37,333.33 49,653.33
Jul-15 373,333.34 0.03 11,200.00 37,333.33 48,533.33
Jul-16 336,000.01 0.03 10,080.00 37,333.33 47,413.33
Jul-17 298,666.68 0.03 8,960.00 37,333.33 46,293.33
Jul-18 261,333.35 0.03 7,840.00 37,333.33 45,173.33
Jul-19 224,000.02 0.03 6.720.00 37,333.33 44,053.33 -
Jul-20 186,666.69 0.03 5,600.00 37,333.33 42,933.33
Jul-21 149,333.36 0.03 4,480.00 37,333.33 41,813.33
Jul-22 112,000.03 0.03 3,360.00 37,333.33 40,693.33 -
Jul-23 74,666.70 0.03 2,240.00 37,333.33 39,573.33
Jul-24 37,333.37 0.03 . 1,120.00 37,333.33 38,453.33
117,600.01 522,666.62 640,266.63
ALT 1 - PRINCIPAL PAYDOWN, REMAINING @ 3%
DATE PRINCIPLE INTEREST INTEREST DUE PRINCIPLE DUE TOTAL PAYMENT PER MONTH
TotPmV12= 2=
Jul-11 522,666.66 0.03 15.680.00 37,333.33 53,013.33 4.417.78 2,208.89
Jul-17 300,000.00 300,000.00 TotPmU12= 2= Cumant minus All 1
Jul-12 185,333.33 0.03 5,560.00 14,256.41 19,816.41 1,651.37 825.68 3.003.38
Jul-13 171,076.92 0.03 5,132.31 14,256.41 19,388.72
Jul-14 156,820.51 0.03 4,704.62 14,256.41 18,961.03
Jul-15 142,564.10 0.03 4,276.92 14,256.41 18,533.33
Jul-16 128,307.69 0.03 3,849.23 14,256AI 18,105.64
Jul-17 114,051.28 0.03 3,421 .54 14,256.41 17,677.95 .
Jul-18 99,794.87 -0.03 2,99185 14,256.41 17,250.26
Jul-19 85,538.46 0.03 2,566.15 14,256.41 16,822.56
JN-20 71,282.05 0.03 2,138.46 14,256.41 16,394.87
Jul-21 57,025.64 0.03 1,710.77 14,256.41 15.967.18
JN-22 42,769.23 0.03 1,283.08 14,256.41 15,539.49
Jul-23 28,512.82 0.03 855.38 14,256.41 15,111.79
Jul-24 14,256.41 0.03 427.69 • 14,256.41 14,684.10
54,600.00 522.666.66 577,266.66
ALT 2 - PRINCIPAL PAYDOWN, REMAINING @ 3%
DATE PRINCIPLE INTEREST INTEREST DUE PRINCIPLE DUE TOTAL PAYMENT PER MONTH
TotPmt(12= 2=
Jul-11 522,666.66 0.03 15,680.00 37,333.33 53,013.33 4,417.78 2,208.89
Jul-11 350.000.00 350,000.00 TotPmf112= 2= Current minus Alt 2
Jul-12 135,333.33 0.03 4,060.00 10.410.26 14,47026 1,205.85 602.93 3,226.13
J0-13 124,923.07 0.03 3,747.69 10,410.26 14,157.95
Jul-14 114,512.81 0.03 3,435.38 10,410.26 13,845.64
JN-15 104,102.55 0.03 3,123.08 10,410.26 13,533.34
Jul-16 93,692.29 0.03 2,810.77 10.410.26 13,221.03
Jul-17 83,282.03 0.03 2,498.46 10,410.26 12,908.72
Jul-18 72.871.77 0.03 2,186.15 10,410.26 12,596.41
Jul-19 62,461.51 0.03 1,873.85 10,410.26 12,284.11
Jul-20 52,051.25 0.03 1,561.54 10,410.26 11,971.80,
Jul-21 41,640.99 0.03 1,249.23 10,410.26 11,659.49
JW-22 31 ,230.73. 0.03 936.92 10,410.26 11,347.18
Jul-23 20.820.47 0.03 624.61 10,410.26 11,034.87
JW-24 10,410.21 0.03 312.31 10,410.21 10,722.52
44,099.99 522,666.66 566,766.65
FUUINEING ACTIVITIES 20M 2110 2010 2111 3711 2011
Actual Budget Actual Budge Budget YTD Actual YM
LOANS
Payments on Loan Principal (accruel) 46,667 46,667 46J%7 37,334 12,445 312,"5
AIRPORT CASH BALANCE 914$01 990$04 962.518 904921 703AW
NMENT ENCUMBRANCES (CAPITAL)
MCE TASK ORDER 41 - Engineering AJPK38 30.109 30,109 18337
Sweeser Construction Inc. - Construction AJP*W 461 ,792 461,792 146224
Loomacres - WddIde Assessment Aga K39 3323 33205 20753
LONG TERM LIABILITIES
Hangar Loan Principal 513,332 513,332 185,333
APPROVED GRANTS Plot yet accrued) . CAPITAL PROJECTS
State Grants on Federal Projects (193,565) (193$65) 18269)
RW16 Phase 0l (272733) (272238) (137491)
WJdhle Hazard Assessment (31463) (11 ,46 (15,jiA
AIRPORT CASH MINUS LIABILITIES 411345 353.749 @YE 494$33
•
Taeevle
ARKANSAS
Airport Progress Report
TO: Fayetteville Executive Airport Board
THRU: Ray M. Boudreaux, Director
FROM: James Nicholson, Financial Coordinator
DATE: June 9, 2011
Tower O rations Cumulative
MONTH 2007 2008 2009 2010 2011 MONTH 2007 2008 2009 2010 2011
JAN 2375 2180 2,492 1932 1,917 JAN 2375 2180 2492 1,932 1,917
FEB 2,785 2,629 2,902 2,214 1,320 FEB 5,160 4,809 5,394 4,146 3,237
MAR 30048 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 3195 3,032 2,722 3,015 2627 MAY 14,579 12,921 13,552 12,354 10,936
JUN 3,181 21727 2,876 2,531 JUN 17,760 15,648 16,428 14,885
JUL 3,004 3,657 3,100 2,895 JUL 200764 19,305 19,528 17,780
AUG 3,689 3,358 2,868 2,5131 AUG 24,453 22,663 22,3961 20,293
SEP 3,288 3,559 3,577 2684 SEP 27,741 26,222 25,973 22,977
OCT 3797 3,350 2,677 3,125 OCT 31,538 29,572 26,650 26,102
NOV 3,341 2,739 2,586 1,964 NOV 34,879 32,311 31,236 28,068
DEC 1,923 2,015 1,842 1,841 DEC 36,802 34,326 33,078 29,907
MonNl A 3,067 1 2,861 1 2,757 1 2,492 1 2,187 lAnnol Ch -23.40% -6.73% -3.64%
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FBO Fuel Sales Cumulative
MONTH 2007 2008 2009 2010 2010 MONTH 2007 2008 2009 2010 2011
JAN 41,704 41,058 36,082 35,528 35,936 JAN 41,704 41,058 36,062 35,528 35,936
FEB 39,663 50,320 43,497 35,466 20,909 FEB 81,387 91,378 79,559 70,994 56,845
MAR 51,271 39,089 46,608 41,609 37,333 MAR 132,638 130,467 126,161 112,803 94,178
APR 46,944 41,265 31,705 30,763 27,611 APR 179,582 171,732 157,872 143,566 121,789
MAY 43,650 37,587 33,136 31,018 26,206 MAY 223,232 209,319 191,008 174,594
JUN 37852 30,837 28,218 27,216 JUN 261084 240,156 219226 201,800
JUL 32,704 32,114 26,021 26,628 JUL 293,788 272,270 245,247 228,428
AUG 1 37,985 1 35,827 1 25,018 1 25,011 sAUG 11 331,773 308,097 270,265 253,439
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 433,418 407,485 353,868 341,865
NOV 43371 1 37,892 1 30,468 1 33,718 1 INOV 476,789 1 445,3771 384,3371 375,583
DEC 29,033 1 30,143 1 28,732 1 24,470 1 IDEC 1 505,822 1 475,5201 413,0691 400,053
IlAonthlykg 1 42,152 1 39,627 1 34,422 1 33,338 1 29,599 lAnnualChg 1 -9.54% -5.99% -13.13% -3.15% -15.17%
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Local Fuel Prices: Fuel prices within 50 miles of FYV as of 6/8/2011
Ident FBO Name Jet FS 10OLL FS 10OLL SS 91 MoGas A $ Jet AS 100E e t t00ss
TOH City of Tahlequah both selfsery 4.99 5.39 NC NC
SLG City of Siloam Springs 5.84 5.49 4.99 NC 0.50 0.50
FSM TAC Air 5.96 6.64 6.10 0.18 NC NC
ASG Pinnacle Air Services 6.00 5.95 5.50 0.15 0.05 NC
ROG Beaver Lake Aviation 6.04 5.96 0.22 NC
XNA Regional Jet Center 6.04 5.99 0.22 NC
VBT SummitAvietion 6.10 5.95 5.75 0.05 NC NC
FYV Million Air F ffinille / City SS 6.44 6.29 5.90 4.28 0.20 0.10 NC
Fuel Prices : National May 2011
ET-A AND "GAS PER GALLON FUEL PRICES
Jet-A let-A Jet-A Avgas Avgas Avgas
High Low Avg High Low Avg
Region Price Price Price Price Price Price
Eastern S8. 14 S4 .96 $6.37 S8.75 S5.50 $6.78
Northwest Mountain S7 .75 54 .22 $5.79 57 .67 55.23 $6.39
Great Lakes 58.05 54 .80 $6.07 58.97 55.39 $6.42
Western 57.79 54 .45 $6. 25 58.40 55.46 $6.64
Central 57 .74 53 .76 $5.55 S7 .99 54 .58 $6.08
Southern 58.27 $4 .99 $6.41 58.87 55.50 $6.84
Southwest 57.21 54.60 $5.97 57 .75 54 .89 $6.47
Nationwide S7 .75 S4 .57 $6.04 S8.34 55.25 $6.48
The table above shows results of a fuel price survey of U.S. fuel
suppliers performed in June 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-
51 ! 0 .
May - June Differences
New England (30 . 16) SO.00 (50 .04 ) (30.09) 50 .48 $0.02
Eastern 50.06 50.36 (50 . 12) $0 .00 50 .54 SO.00
Northwest (SO . 10) $0.00 (50 .04) SO.00 SO.00 50.06
Mountain
Great Lakes (SO.08) SO.00 (50 .06) 50. 11 50. 17 50.01
Western (50.07) SO.00 (50 . 14 ) SO.00 (50.09) (50 .02)
Central 50 .02 SO .00 (50 .06) $0.00 50 .38 SO.05
Southern (50.03) (50 .20) (50.08) (50 . 11 ) 50 .09 $0 .04
Southwest (50. 16) SO.00 (50.08) SO.00 50. 10 $0.01
Nationwide (50 .06) 50.02 (50 .07) (SO.01 ) 50.21 SO.02
Ta7eV1
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ARKANSAS
FAYETTEVILLE EXECUTIVE AIRPORT
OPERATING SUMMARY
MONTH ENDING 5/31/2011 AIRPORT BOARD
OPERATING ACTIVITIES 2009 2010 2010 2011 2011 2011
Actual Budget Actual Budget Budget YTD Actual YTD
REVENUE
Rents & Leases 468,030 468,078 448,383 452,900 188,708 183,073
Aviation Fuel 126,022 124,839 128,208 117,900 49,125 48,621
Contract FBO 107,449 107,749 110,764 106,944 44,560 39,431
Miscellaneous 5,328 5,000 14,745 7,100 2,958 6.951
INCOME RECEIVED FROM OPERATING ACTIVITIES 706,829 705,666 702,100 684,844 285,352 278,077
EXPENSES
Personnel 324,943 383,193 315,079 325,949 132,190 130,935
Materials 8 Supplies 12,469 15,470 12,335 17,741 7,392 5,262
Aviation Fuel Purchases 69,915 77,626 76,631 75,810 31,588 30,548
Services & Charges 155,394 188,568 185,161 234,128 97,553 52,986
Cost Allocation to General Fund 8,830 7,915 7,915 7,915 3.298 3,302
Maintenance 54,565 54,881 36,335 55,123 22.968 14,867
Interest on West GA Hangars Loan (accrued) 32,667 30,334 30,333 16,800 7,000 7,000
INCOME USED FOR OPERATING ACTIVITIES 658,782 757,987 663,791 733,466 301,989 244,899
NET INCOME FROM OPERATING ACTIVITIES • GAIN / (LOSS) 48,048 (52,321 ) 38,309 (48,622) (16.637) 33.178
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 10,083 8,945
Interest on Investments 22,111 21,500 17,595 12,000 5,000 3.348
Other - Gain (Loss) on sale of assets 350,870 - 1 ,786 - - -
CAPITAL IMPROVEMENTS EXPENSE
07039 AIP N36 Correct Runway 16 Safety Area Deficiency 23,611 - - - -
07039 AIP #37 Correct Runway 16 Safety Area Deficiency Phase II 161 ,037 7,429 6,907 - -
08074 Almon MVAC Improvements (Terminal) 119,051 - - - -
07039 AIP #38 Correct Runway 16 Safety Area Deficiency Phase III 671 ,772 2,791,555 2,772,052 491 ,901 286,886
09021 Hangar Fire - disposition of insurance proceeds 13,209 - - -
Minor Equipment - Portable Lighting Rig 3,878 - - - -
10022 Wildlife Hazard Assessment 58,109 24,904 33,205 16.603
10028 Airport Fuel Farm Repair 19,928 20,119 - (512)
11017 Airport Security Improvements 180,000 -
USED FOR INVESTING ACTIVITIES 618,735 2,827,902 2,777,490 668,906 290,684
FINANCING ACTIVITIES 2009 2010 2010 2011 2011 2011
Actual Budget Actual Budget Budget YTD Actual YTD
LOANS
Payments on Loan Principal (accrued) 46,667 46,667 46,667 37,334 15,556 15.556
GRANTS STATE / FEDERAL
Due/Received from State Grants on Fed Projects 10,098 193,565 177,582 193,565 15,174
Due/Received from AIP 7#36 Correct RW16 RSA 57,297 - -
Due/Received from AIP N37 Correct RW16 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 AIP p38 Correct RW16 RSA Phase III 716,861 2,651 ,977 2,633,449 272,238 272,541
Due/Received from AIP #39 Wildlife Hazard Assessment - 58,197 23,741 31 ,463 11 ,830
Due/Received from Dept Aem - Fuel Farm Repair - 17,935 19,027 - -
Due/Recelved from Dept Aero - Airport Security Improvements 144,000 -
NET INCOME FROM FINANCING ACTIVITIES 917,632 2,875,007 2,807,132 603,932 283,989
AIRPORT CASH BALANCE 914,566 908,504 982,518 868,921 1,009,000
CURRENT ENCUMBRANCES (CAPITAL)
MCE TASK ORDER p1 - Engineering AIPp38 30,109 30,109 -
SweetserConstructionlnc. - Construction AIPp38 461 ,792 461,792 -
Loomacres - Wildlife Assessment AIP #39 33,205 33,205 16,602
MCE TASK ORDER p2 - Design Security Improv 12,900 12,900
MCE TASK ORDER p5 - SW PP/SPCC Plans 2,500 2.500
LONG TERM LIABILITIES
Hangar Loan Principal 513,332 513,332 497,776
APPROVED GRANTS (Not yet accrued) - CAPITAL PROJECTS
State Grants on Federal Projects (193,565) (193,565) (809)
RW16 Phase 111 (272,238) (272,238) (121 ,293)
Wildlife Hazard Assessment (31 ,463) (31 ,463) (15,689)
SAAG - Security Improvements (144,000) (144,000)
AIRPORT CASH MINUS LIABILITIES 441,345 456,349 @YE 761,012
AMANDA YOUNKIN FRANKLIN
MEMORIAL AIR SHOW
September 24, 2011
SUPPORT BUDGET:
Fuel $ 15,000.00
Smoke Oil (3 barrels) 1 ,800.00
Rooms (24 room nights) 59000.00
Rental Cars 2,000.00
Advertising 5,000.00
Food 15500.00
Water 100.00
Golf Carts 1 ,500.00
Sound System 1 ,500.00
Port-a-Potties 23000.00
Chalet Expense 53000.00
Miscellaneous 11000.00
TOTAL SUPPORT EXPENSE $417400.00
PERFORMER BUDGET $ 13,500.00
TOTAL BUDGET $44,900.00
2011 Fayetteville Airshow Performer Recommendation
Performers:
Team Vortex Airshows: Team Vortex provides a two-ship formation act with Pitts
S-2B bi-planes along with high-energy surface level solo-aerobatics. Patrick Carter
flies the lead position in a Pitts S-2B and Brian Correll flies wing in a Pitts S-2S.
Patrick and Brian are both available for surface level solo shows in addition to their
formation act. Fee $3000
www.teamvortexairshows.com
JT Airshows: Husband and wife team Tony and Julia Wood compete in a unique
head-on air race during the airshow and also both fly solo shows. Tony flies either
the standard SU-26 Sukhoi or the turbine powered Turbo Shark Sukhoi. Julia also
flies the SU-26 and a Pitts S-2B. Julia is a 747 pilot for United Airlines and Tony is a
check airmen for American Eagle. Fee: $3000
www.'tairshows.com
Greg Shelton and Ashley Battles: Greg and Ashley provide a top-notch Stearman
wing-walking act in addition to a solo Stearman show. Ashley holds the world-
record for the longest wing-walk in history. They are both based out of Tulsa, OK.
Greg also flies a Wildcat in airshows for an additional fee. Fee: $5000?
www.gregsheltonairshows.com (Have not been able to confirm availability)
SkyDivers - Numerous options in the area. We will need a group that can jump the
flag in during the National Anthem. Fee $1000
Air Boss- Bruce Huddleston provides professional air boss services and has worked
with all of the performers in the past. He is the key to making the show go smoothly.
Fee $ 1500
Time-Line:
1245- Skydivers National Anthem
1300- Greg Shelton Solo - Stearman
1315- Team Vortex - Formation
1330- Tony Wood - Turbine Sukhoi
1345- Brian Correll (Solo) - Pitts S2S, high-energy
1400- Patrick Carter (Solo) - Pitts S2B, high-energy
1415- Julia Wood - Sukhoi SU-26, Precision Aerobatics
1430- Tony and Julia Wood Air Race - Head to Head Aerobatic Air Race
1445- Greg Shelton and Ashley Battles - Wing-Walking
Total Budget for performer fees: $13,500
Fuel: 160 gallons 100LL, 50 gallons Jet-A, 100 gallons smoke oil.
. NORTHWEST ARKANSAS B
Arkansas Am wat$gT+AUUC ..."....,...._ . .
Wing walker dies Crash
• Continued from Page 1B
�
` Kyro" and his wife.as "Scan-
11 om crash injuries dalous Scarlett"
The Franklins were married
Oct. 18, 2005, three months af- .
Burns fatal to 25-year-old stunt artist ter each of their fathers was
killed in a midair crash during
CHRIS BRANAM - Younkin-Franklin's hus- a Canadian air show.
ARKANSAS DEMOCRAT-GAZETTE band, Kyle Franklin, was Amanda's father, Bobby
Amanda Younkin-Frank- piloting the Waco JMF7 tan- Younkin, and Kyle's father,
lin, a former Northwest dem plane when its engine Jimmy Franklin, were re-cre-
Arkansas resident who was stalled about 100 feet off the ating a World War I air battle
critically injured while per- ground. After Kyle Franklin. when their planes crashed.
forming at an air show in madean emergency land- Both were well-known stunt
Texas in March, died Friday ing in a wooded area at the pilots, famous in the air show
She was 25. South Padre Island Interna- industry.
Younkin-Franklin died tional Airport, the site of the "She and I both grew up
from burns she suffered af- show, the plane caught fire. going to air shows," Matt
ter the bi-plane on which she Franklin tried to free his Younkin said. "We were both
was wing-walking crashed wife, who was trapped in the aviation enthusiasts ., from a
and then caught fire at Air front seat and suffered burns very early age. Amanda, she
Fiesta in Brownsville, Texas, over about 60 percent of her grew up looking up to people
on March 12. body: Franklin also suffered that were wing-walkers."
She died at the burninten- burns in the accident and His younger sister learned
sive care unit of the Brooke was discharged from the to fly solo when she was 16,
Army Medical Center in medical center March 28. and she admired female avia-
San Antonio, where she was The Neosho, Mo.; couple tors, Younkin said. She was
taken after the accident, her operated Franklin's . Fly- a"member of The Ninety-
brother, Matt Younkin, said ing Circus and Airshow. Nines Inc., an international
Monday. Younkin-Franklin served as organization of women pilots
'Amanda made a profound the business manager and founded in 1929 by 99 licensed
impact on lots and lots of was responsible for all air female pilots.
people's lives;' Matt Younkin show booking and sponsor- Younkin-Franklin, a 2004
said. "She was very person- ship activity, according to the graduate of Springdale High
able and she had that human Web site owww.franklinair- School, was patriotic, her
connection with all of the showcom. brother said. She was involved
people that were around her. They entertained crowds with organizations that seek
"Unfortunately, she is not in a "swaggering, wing-walk- to keep military aircraft func-
with us anymore, buf she ing pirate show," featuring tional and flying, he said.
went out doing what she Franklin aging as "Captain "Amanda ended up being
that person that she looked up
loved." See CRASH, Page 6B
to when she was a little girl;'
he said. "She was an inspira-
tion to everybody from the
young to the young at heart:'
To contact this reporter
cbranam@arkansasonline.com
f
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AIRPORT TROUBLES CONTINUE
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Bill Bentley wipes down his; mMA a
serves man mn9av ,k wili:e shows a,e a T tomonotonous metal as north.
Board Brainstorms Turnaround
FUEL SALES BY FIXED-BASE OPERATOR, MILLION AIR, HAVE FALLEN 15 PERCENT
gFMIgY hareukmoFaod UvMaPake The idea aalupgish ermomy suggested trying to network the
•rsw�rntw Field through April. These s an is grounding the general avis terms of a 3TWA00 airy lwn the
11 percent drop from the Fiat ton Indunry amt bar on board helped mnnmtt two corporate
FAYRyEVgIF— Anther coup four months ormia members. According to resent hangers.Upyg inmtlravyvT
pmitw,gconsumer the Fayenenlle Fuel aaln by the import fixe data from the Federal Aviation toughly$1 miYion cash Imance to
Fatt a Ai,pon has oflrists base, openm. MJlie, Au. have
Mammonism.genenl aviationpayda .w
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bminstormng what can be done GBmismmmr flghu dmpFed 5 pnrmt Wt war, ordure vm ,1mwmt paymems
othings tum serum. naves, rmnls Mm e herem- The breach,persons a what can to the city
A,elcn pmentea to deboaN ovel caay but the impose Lug be aunt.
Thursday showed 8.309 Bights m harp,mmains,,are Board chairman Bob M,11, 91NAIX51MMiv 21
cj
BRAINSTORMS: Price Of Fuel
At Drake Field $6.39 Per Gallon
CONTINUED FROM PAGE 1A fuel, at $6.64 per gallon, was
the most expensive of eight
"This would help alleviate airports surveyed.
a potential cash-flow situa- Nicholson and Ray
tion," Nickle said. Bordeaux, airport director,
The airport reported more said they are unable to stock-
revenue than expenses in pile fuel when prices are low
each of the past two years, like some airports in the area
but a $48,622 loss is predicted because they go through fuel
in the 2011 budget. more quickly and the airport's
Other ideas presented by tank is smaller than other
board members included general aviation airports.
attempts to increase fuel Bordeaux has also ques-
sales to the military and an tioned whether a slight
effort to get more young avia- reduction in fuel prices
tors involved at the airport, would really lead to a traffic
possibly through university increase.
or continuing education Nickle noted Drake Field,
programs. because it was a commer-
A couple of pilots who rent tial airfield at one time, has
hangar space and came to steeper maintenance costs
Thursday's meeting offered than most smaller airports. .
another. approach: lowering Drake Field. stopped
fuel prices. running commercial flights
"You lower the price of gas, about the time the Northwest
the major cost of general avia- Arkansas Regional Airport in
tion, and the pilots will come Hightail opened in 1998.
with their planes," Frank Until finances recover,
Sperandeo told the board. board member Otto Loewer ..
The price of aviation fuel as said, "Just hanging on may be
of Wednesday at Drake Field the best we can hope for."
was $6.39 per gallon, among "If you hang on, you're
the highest within 50 miles, around when new opportu-
according to James Nichol- nities present themselves,"
son, financial coordinator. Jet he added.