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HomeMy WebLinkAbout2012-12-13 MinutesFAYETTEVILLE EXECUTIVE AIRPORT BOARD MINUTES December 13, 2012 MEMBERS PRESENT: Bob Nickle, Janice Stanesic, Mike Gibbs, Josh Mahony, Bill Corley MEMBERS ABSENT: Rick Bailey, Ken Haxel OTHERS PRESENT: Wayne Jones -McClelland Engineers; Neal Bilbe-City's Government Channel; Terry Gulley -City's Transportation Dept.; Dave Powell -Summit Aviation; Marty Burggraf-Wells Fargo (Board Applicant); Louis B. Jones, Jr. -citizen (Board Applicant); Greg Willoughby -South Delta Avaition; Craig Young -tenant; Mauro Campos and Joseph Shirley - City's Fire Dept.; Joel Walsh -NW Arkansas Times ITEM #1: Welcome. Chairman Nickle. ITEM #2: Approval of the Airport Board Minutes of the November 8, 2012 meeting. A motion to approve the minutes was made by Josh Mahony, and seconded by Bill Corley. The motion carried. ITEM #3: Receiving of Reports. A. Director Boudreaux, Aviation Director. Flight activity has been good, 19% ahead of last year, but the fuel sales are not so good, yet ahead of last year. Staff is working on replacing the belt loader. The one received was not what was advertised, it is too short. The FAA will be installing the frangible couplings on the ODALS in January. The runway will be temporarily closed or will have a displaced threshold of 1,000 ft. He announced that Louise Powers would be retiring at the end of December and her party will be on December 19`h at 3:30. There were seventy-six applicants for her job. A new person has been hired, she was extremely impressive, skills and personality; is oung with a degree in Journalism and worked in marketing. Her first day will be December 27Z. Our Board Member Janice has announced her retirement effective at the end of December. Mentioned Tim McCarley's project with the museum, and read off the list of businesses that contributed towards the project (overview of project was in the agenda packet). B. Financial Coordinator James Nicholson, Budget Report. Reported the fuel sales were up, and some of the local fuel prices have gone down. Speaking of the Financial Report, said there had been less revenue than expenses, because of an extra payroll in November, also there are flowage fees and rent we haven't received. There were no Capital projects in November and the Airport Fund Balance is $626,671.00. C. Senior Secretary Louise Powers, T -Hangar Report. There is one T -Hangar available, but there are several hangars rented for storage. If we need a hangar for an aircraft, the last one rented for storage is the first one out for an aircraft. D. Wayne Jones, McClelland Engineers, Construction Report. The sixty day bid time expired for the NFlight project. If money becomes available from the State Aeronautics then the project will be re -bid. Director Boudreaux said the AEDC is interested in aviation jobs for the state and may be able to help with the project. 1 E. Museum Executive Director Warren Jones, Museum Report. Reported he had met with the Bikes Blues and BarBQue and the Commerative Air Force and they are working together for "Bikes Blues BarBQue and Bombers" for next year. They will have numerous planes based here and flying during that event. It will be like an air show. During that event they are going to extend the train's run to the Airport. The Museum is going to build a platform from the highway to the train for use during those four days. The museums held their first combined Annual Board Meeting, and Ray Boudreaux was re-elected President and James Nicholson was elected Treasurer. The fire alarm system had two leaks in the last two weeks. It is being repaired, but system is old and needs to be replaced at an estimated cost of $20,000 to $40,000. ITEM #4: Old Business, A. Update: Million Air contract. Discussion followed with a few of the remarks noted below. * Director Boudreaux explained that following a meeting with City staff, the Airport was instructed to send Million Air a letter to cancel their Lease. The letter was sent on November 13`h. * Roger Woolsey, Million Air owner, and Jeff Stout from their Houston corporate office, visited with City staff on December 12`h. Mr. Woolsey told them their company was experiencing some financial difficulties and would not be able to meet the terms of the lease until the end of the first quarter of 2013. * Terry Gulley said they would not be looking at other organizations to operate the FBO (Fixed Base Operator); the City would operate the FBO. Chairman Bob Nickle said the City had asked for specific things from Roger and the email letter from Roger did not address those things, nor did it give a specific plan. * The day Roger flew up here, the FBO ran out of fuel, and staff is pretty sure it was a financial problem. * Mike Gibbs, and others, expressed they liked the local FBO folks, and appreciated them * Peter Mastroianni, local FBO manager, said he had not been part of the meeting with Roger and City staff, but explained Million Air wants to remain at Drake Field. He explained they always paid, late maybe, but always paid. Eight out of 10 months they have done better than the month before. When out of fuel, they only turned away one plane before the fuel was delivered. He asked for more time, asked for a chance, that they are not deadbeats. He said they had not known Roger was needed at this meeting. Said Roger was in meeting with people from Washington D.C. He pointed out that if the lease is canceled, Drake Field would lose the military contract, and would lose military flights during the time they would be working to get certified for the military contract at Drake Field. He said he was already having military students that have flown in to Drake, return as instructors bringing their students here to practice. They like this area, and the things Million Air provides for them, $1.00 meals, T-shirts, and discounted lodging. Addressing the fuel prices, said Million Air only looks at XNA's, Springdale's, and Rogers' airport fuel prices, not the other towns listed in the agenda. * Million Air had been behind in sales tax, and the State had shut down four local businesses today because they had been behind. * Chairman Nickle said they appreciate what Pete has done and his hard work, but the Board has a responsibility to the citizens to take care of the Airport; and said a recommendation was needed to take back to City Staff. * Director Boudreaux said they had needed 120 days to give flexibility to set up contracts and have a smooth transition, with no discontinuance of service, there is about 90 days left, that gives time for standard employee hiring, product support bidding, to get the needed equipment, rather than having an emergency situation. * Pete said it would be 120 days from the time Roger had received the letter, which would be March 15`h Terry Gulley said that would give time to hire people for the FBO. * Director Boudreaux said they need a "brand" to identify the new FBO and asked for suggestions. * More discussion followed by all on the FBO subject. A motion was made by Mike Gibbs that the Airport Board recommend to the City Council to let the Cancellation of Lease letter to Roger Woolsey stand, given the current set of circumstances, and move forward with the termination of the Lease; unless circumstances change, and then we will take them into consideration to insure a viable business of operation is in place. The motion was seconded by Josh Mahony. The motion carried "with regrets". ITEM #5: New Business. A. Recognize Airport Board Member Janice Stanesic. The Airport Board presented a plaque to Janice for her nine years of service on the Airport Board and invited everyone to stay for refreshments after the meeting. B. Recognize applicants for the Board Position. Director Boudreaux said there were five applicants, and Bob Nickle had to apply again as he had not completed two full terms. The others are Mark Frankum, Marty Burggraf, Bucky Jones, and Mike Emery, and he wished them Good Luck in the competition. C. Recognize Louise (Lou) Powers. Lou has worked thirty-one years with the City; and twenty-eight at the Airport, and her going away party will be on Wednesday, December 19`h, 3:30 to 5:00 in the Conference Room. ITEM #6: Other Business. A. Items from the Public. Dave Powell introduced himself, laughingly saying he is in competition in Springdale (Summit Aviation) with Mark Frankum (SkyVenture Aviation) at Drake Field.. B. Items from the Airport Board. Josh Mahony offered thanks to Lou for all her help. MEETING ADJOURNED AT 3:05 p.m. Gibbs, 3 C THE CITY OF FAYETTEVILLE, ARKANSAS AVIATION DIVISION 4510 S School Ave, Ste F Fayetteville, All 72701 P /47917M7M2 QUARTERLY REPORT 4th QUARTER 2012/END OF YEAR RECAP FAYETTEVILLE EXECUTIVE AIRPORT, DRAKE FIELD January 2, 2013 • AIRPORT ACTIVITY: We closed out 2012 with a very good fourth quarter and recorded operations up by more than 19% year over year and fuel sales up 6.7%. Military represents approximately 20% of operations and 18% of fuel sales. If the trend holds, we can count 2011 as the bottom and 2012 the first year of our recovery. • ARKANSAS AERONAUTICS COMMISSION GRANT FOR NFLIGHT TECHNOLOGY HANGAR MODIFICATIONS: The bids received last quarter have expired due to the lack of available grant funds at the Arkansas Aeronautics Department. Our request remains on file for funding and will be considered when funds are available. Once approved, we will re -bid the project and schedule construction. • FAA AIP PAVEMENT REHABILITATION GRANT PROJECT: Project is complete and the grant has been closed out with the FAA and the Department of Aeronautics. • FAA WILDLIFE HAZARD ASSESSMENT: The FAA has still not closed out this project. Our contractor, Loomacres, has provided FAA the requested information but we have not yet received the closeout letter. FAA has provided a checklist for us to use in the development of a Wildlife Hazard Management Plan so we are continuing to work on the plan. It will become part of the Airport Certification Manual. • VOR CHECKPOINT RE -CERTIFIED: FAA Check Flight has recertified the VOR checkpoint and we have ordered the new sign • T HANGARS FOR RENT: We are full as of the end of the year! We have 10 rented for storage and will notice the last in to vacate when the next tenant wants to lease a hangar for an aircraft. • NEW AIRPORT BOARD MEMBERS APPOINTED BY CITY COUNCIL: Bob Nickle was appointed to complete the unexpired term vacated by Janice Stanesic. Marty Burgraff was appointed the fill the Member at Large five year term. • NEW ADMINISTRATIVE ASSISTANT ON BOARD: Lauren Treat joined the Airport Staff on December 27, 2012 and she hit the ground running. We said our final good by to Louise on New Year's eve. • ARKANSAS AIR AND MILITARY MUSEUM: The Museum ended the year with money in the bank but not very much. At the annual meeting, Ray was elected President and James was elected Treasurer. The membership approved a budget for 2013 and we will stick to it. We are in the process of revamping the bookkeeping system so that we can track expenses and revenues. Planning is underway for the Air Race Classic Finish Line at Drake and for Bikes, Blues, Bar -B -Q, and BOMBERS! Warren has coordinated with the BBBBQ committee to add Bombers for 2013. The Commemorative Air Force will bring a fleet of aircraft to provide rides and tours for the bikers. The train will now make trips from Dickson Street to Baum Stadium to the Museum both days of the. event. The .Museum will constructa:boarding platform to make boarding and exit easy for the guests. • 2012 HIGHLIGHTS: 2012 was busy and successful for our airport. Here I have included a list of the most significant events/milestones/projects etc.: 1. Completed the Airport Security Upgrade Project in January. Issued security badges and installed cameras to record sensitive areas of the complex. Project funded with Arkansas Aeronautics Commission 80/20 grant. 2. Closed out the Wildlife Hazard Assessment Project. Project funded with FAA grant and Arkansas Aeronautics Commission matching grant. 3. Leased the former AATC Hangar to South Delta Aviation. Initiated and completed a project to remodel the hangar for office and shop space and removed the modifications made for the school. Project funded with an 80/20 grant from the Arkansas Aeronautics Commission. 4. Facilitated the merger between the Arkansas Air Museum and the Ozark Military Museum. Received legal help from the U of A Law School to form a new 501 C (3) corporation, the Arkansas Air and Military Museum. Ray Boudreaux elected the First Board President. 5. Leased the last empty Executive Hangar on the South Apron to NFlight Technology. Awarded project to McClelland Consulting Engineers to design and engineer office and production space modifications to the hangar. Accepted bids but there were no funds available through ADA. Will re -bid the project when grant funds become available at Aeronautics. 6. Completed Phase II of the Pavement Rehabilitation Project to apply rejuvenator to all remaining asphalt pavements and apply new runway and taxiway markings. Project funded with FAA 90/10 grant with Arkansas Aeronautics providing the match. 7. Completed the annual Airport Certification Inspection IAW FAR Part 139 with no reportable discrepancies. 8. Hosted the Goodyear Blimp for a week during the WalMart Shareholders' Meeting and later the B-29 "FIFI" the only flying B-29 bomber left in the world. 9. Director Ray Boudreaux elected President of the AAOA for 2012 and 2013. AAOA is the professional organization of Arkansas Airports. 10. After more than 12 years, the U of A Football Charter returned to Drake with a Boeing 757 aircraft operated by American Airlines. The Football Charter operated to and from XNA since the airport opened in 1998. Returning the Football Charter to Drake was a long time goal of the airport. The Airport will acquire a belt loader and stairs to support the 757 aircraft. 11. Organized and implemented a recycling program for the Airport Terminal through the City Solid Waste Department. 12. Worked with the City IT Department to locate the City wide Data Center on the airport reducing IT operating costs and providing a secure area for the Center and IT Data Management offices. Space leased through an interdepartmental agreement. Submitted, M. Eye evile ARKANSAS MEMO TO THE AIRPORT BOARD TO: Bob Nickle, Chairman Airport Board Airport Board Members FROM: Ray M. Boudreaux, Director of iation DATE: January 7, 2013 THE CITY OF FAYETTEVILLE, ARKANSAS SUBJECT: Discussion re: T Hangar Rent Increase for 2013 AVIATION DIVISION 4500 S School Ave, Ste F Fayetteville, AR 72701 P (479) 71&7643 DISCUSSION: The established Board policy is that every two years the Board reviews the T Hangar rent and determines whether or not to increase the rent. The Board also determined that the rent would be increased by the rate of increase in the CPI plus 1%. The last time rent was increased was in November 2009 for rent the following year, January 2010. A modest increase was made: large increased by $15.00 and small increased by $10.00. Last year the Board elected not to increase the rent. We failed to bring it to you in November 2012 and bring it now to the Board for review IAW the established Board policy. Attached please find the CPI chart. Using the November 2009 and the November 2012 rates, the increase at this time would be approximately $15 and $10 respectfully. This increase would equal approximately $1,000.00 a month to the Airport Fund. The reason that the Board instituted the every two year review was to stay level with inflation and not to allow the rent charges to fall way behind inflation thus avoiding a large increase at some point in order to recover the value of the buildings. Below is the history of the T Hangar rent adjustments: Year Large Small 2001 141.00 115.00 2002 141.00 115.00 2003 148.05 120.75 2004 148.05 120.75 2005 160.00 127.00 2006 160.00 127.00 2007 180.00 150.00 2008 180.00 150.00 2009 180.00 150.00 2010 195.00 160.00 2011 195.00 160.00 2012 195.00 ($1.68/SF) 160.00 ($1.83/SF) 2013 ? ? wwvi.accessfa etteyille.or / overnment/aviation 12-14-2012 U.S. Department Of Labor Bureau of labor Statistics Washington, D.C. 20212 Consumer Price Index All Urban Consumers - (CPI -UI U.S. city average All items 1982-84=100 Annual Year Jan. Feb. Mar. Apr. May June July Aug. Sep. Oct. Nov. Dec. Avg. 1913 9.8 9.8 9.8 9.8 9.1 9.8 9.9 9.9 10.0 10.0 10.1 10.0 9.9 1914 10.0 9.9 9.9 9.8 9.9 9.9 10.0 10.2 10.2 10.1 10.2 10.1 10.0 1915 10.1 10.0 9.9 10.0 10.1 10.1 10.1 10.1 10.1 10.2 10.3 10.3 10.1 1916 10.4 10.4 10.5 10.6 10.7 10.8 10.8 10.9 11.1 11.3 11.5 11.6 10.9 1917 11.7 12.0 12.0 12.6 12.B 13.0 12.8 13.0 13.3 13.5 13.5 13.7 12.8 1918 14.0 14.1 14.0 14.2 14.5 14.7 15.1 15.4 15.7 16.0 16-3 16.5 15.1 1919 16.5 16.2 16.4 16.7 16.9 16.9 17.4 17.7 17.8 18.1 18.5 18.9 17.3 1920 19.3 19.5 19.7 20.3 20.6 20.9 20.8 20.3 20.0 19.9 19.8 19.4 20.0 1921 19.0 18.4 18.3 18.1 17.7 17.6 17.7 17.7 17.5 17.5 17.4 17.3 17.9 1922 16.9 16.9 16.7 16.7 16.7 16.7 16.8 16.6 16.6 16.7 16.6 16.9 16.8 1923 16.8 16.8 16.8 16.9 16.9 17.0 17.2 17.1 17.2 17.3 11.3 17.3 17.1 1924 17.3 17.2 17.1 17.0 17.0 17.0 17.1 17.0 17.1 17.2 17.2 17.3 17.1 1925 17.3 17.2 17.3 17.2 17.3 17.5 17.7 17.7 17.7 17.7 18.0 17.9 17.5 1926 17.9 17.9 17.8 17.9 17.8 17.7 17.5 17.4 17.5 17.6 17.7 17.7 17.7 1927 17.5 17.4 17.3 17.3 17.4 17.6 11.3 17.2 17.3 17.4 17.3 17.3 17.4 1928 17.3 17.1 17.1 11.1 17.2 17.1 17.1 17.1 17.3 17.2 17.2 11.1 17.1 1929 17.1 17.1 17.0 16.9 17.0 17.1 17.3 17.3 17.3 17.3 17.3 17.2 17.1 1930 17.1 11.0 16.9 17.0 16.9 16.8 16.6 16.5 16.6 16.5 16-4 16.1 16.7 1931 15.9 15.7 15.6 15.5 15.3 15.1 15.1 15.1 15.0 14.9 14.7 14.6 15.2 1932 14.3 14.1 14.0 13.9 13.7 13.6 13.6 13.5 13.4 13.3 13.2 13.1 13.7 1933 12.9 12.7 12.6 12.6 12.6 12.7 13.1 13.2 13.2 13.2 13.2 13.2 13.0 1934 13.2 13.3 13.3 13.3 13.3 13.4 13.4 13.4 13.6 13.5 13.5 13.4 13.4 1935 13.6 13.7 13.7 13.8 13.8 13.7 13.7 13.7 13.7 13.7 13.8 13.0 13.7 1936 13.8 13.6 13.7 13.7 13.7 13.8 13.9 14.0 14.0 14.0 14.0 14.0 13.9 1937 14.1 14.1 14.2 14.3 14.4 14.4 14.5 14.5 14.6 14.6 14.5 14.4 14.4 1938 14.2 14.1 14.1 14.2 14.1 14.1 14.1 14.1 14.1 14.0 14.0 14.0 14.1 1939 14.0 13.9 13.9 13.8 13.8 13.8 13.8 13.8 14.1 14.0 14.0 14.0 13.9 1940 13.9 14.0 14.0 14.0 14.0 14.1 14.0 14.0 14.0 14.0 14.0 14.1 14.0 1941 14.1 14.1 14.2 14.3 14.4 14.7 14.7 14.9 15.1 15.3 15.4 15.5 14.7 1942 15.7 15.8 16.0 16.1 16.3 16.3 16.4 16.5 16.5 16.7 16.8 16.9 16.3 1943 16.9 16.9 17.2 17.4 17.5 17.5 17.4 17.3 17.4 17.4 17.4 17.4 17.3 1944 17.4 17.4 17.4 17.5 17.5 17.6 17.7 17.7 17.7 17.7 17.7 17.0 17.6 1945 17.8 17.8 17.8 17.8 11.9 18.1 18.1 18.1 18.1 18.1 18.1 18.2 18.0 1946 18.2 18.1 18.3 10.4 18.5 18.7 19.8 20.2 20.4 20.8 21.3 21.5 19.5 1947 21.5 21.5 21.9 21.9 21.9 22.0 22.2 22.5 23.0 23.0 23.1 23.4 22.3 1940 23.7 23.5 23.4 23.8 23.9 24.1 24.4 24.5 24.5 24.4 24.2 24.1 24.1 1949 24.0 23.8 23.0 23.9 23.8 23.9 23.7 23.8 23.9 23.7 23.0 23.6 23.6 1950 23.5 23.5 23.6 23.6 23.7 23.8 24.1 24.3 24.4 24.6 24.7 25.0 24.1 1951 25.4 25.7 25.8 25.0 25.9 25.9 25.9 25.9 26.1 26.2 26-4 26.5 26.0 1952 26.5 26.3 26.3 26.4 26.4 26.5 26.7 26.7 26.7 26.7 26.7 26.7 26.5 1953 26.6 26.5 26.6 26.6 26.7 26.8 26.8 26.9 26.9 27.0 26.9 26.9 26.7 1954 26.9 26.9 26.9 26.8 26.9 26.9 26.9 26.9 26.8 26.8 26.8 26.7 26.9 1955 26.7 26.7 26.7 26.7 26.7 26.7 26.8 26.8 26.9 26.9 26.9 26.8 26.8 1956 26.8 26.8 26.8 26.9 27.0 27.2 27.4 27.3 27.4 27.5 27.5 27.6 27.2 1957 27.6 27.7 21.8 27.9 28.0 28.1 28.3 28.3 28.3 28.3 28.4 28.4 28.1 1958 28.6 28.6 28.8 28.9 28.9 28.9 29.0 28.9 28.9 28.9 29.0 28.9 28.9 1959 29.0 28.9 26.9 29.0 29.0 29.1 29.2 29.2 29.3 29.4 29.4 29.4 29.1 1960 29.3 29.4 29.4 29.5 29.5 29.6 29.6 29.6 29.6 29.8 29.8 29.8 29.6 1961 29.8 29.8 29.8 29.8 29.8 29.8 30.0 29.9 30.0 30.0 30.0 30.0 29.9 1962 30.0 30.1 30.1 30.2 30.2 30.2 30.3 30.3 30.4 30.4 30.4 30.4 30.2 1963 30.4 30.4 30.5 30.5 30.5 30.6 30.7 30.7 30.7 30.0 30.6 30.9 30.6 1964 30.9 30.9 30.9 30.9 30.9 31.0 31.1 31.0 31.1 31.1 31.2 31.2 31.0 1965 31.2 31.2 31-.3 31.4 31.4 31.6 31.6 31.6 31.6 31.7 31.7 31.8 31.5 1966 31.8 32.0 32.1 32.3 32.3 32.4 32.5 32.7 32.7 32.9 32.9 32.9 32.4 1967 32.9 32.9 33.0 33.1 33.2 33.3 33.4 33.5 33.6 33.7 33.6 33.9 33.4 1968 34.1 34.2 34.3 34.4 34.5 34.7 34.9 35.0 35.1 35.3 35.4 35.5 34.8 1969 35.6 35.8 36.1 36.3 36.4 36.6 36.8 37.0 37.1 37.3 37.5 37.7 36.7 1970 37.8 38.0 36.2 36.5 30.6 3B.0 39.0 39.0 39.2 39.4 39.6 39.0 38.8 1971 39.8 39.9 40.0 40.1 40.3 40.6 40.7 40.8 40.8 40.9 40.9 41.1 40.5 1972 41.1 41.3 41.4 41.5 41.6 41.7 41.9 42.0 42.1 42.3 42.4 42.5 41.8 1973 42.6 42.9 43.3 43.6 43.9 44.2 44.3 45.1 45.2 45.6 45.9 46.2 44.4 1974 46.6 47.2 47.8 48.0 48.6 49.0 49.4 50.0 50.6 51.1 51.5 51.9 49.3 1975 52.1 52.5 52.7 52.9 53.2 53.6 54.2 54.3 54.6 54.9 55.3 55.5 53.8 1976 55.6 55.8 55.9 56.1 56.5 56.9 57.1 57.4 57.6 57.9 58.0 58.2 56.9 1977 58.5 59.1 59.5 60.0 60.3 60.7 61.0 61.2 61.4 61.6 61.9 62.1 60.6 1978 62.5 62.9 63.4 63.9 64.5 65.2 65.7 66.0 66.5 67.1 67.4 61.7 65.2 1979 68.3 69.1 69.8 70.6 71.5 72.3 73.1 73.8 74.6 75.2 75.9 76.7 72.6 .,file:///C:/Usefg/RBOUDR-I/AppData/Local/Temp/PX2RVV9W.htm Page 1 of 2 Percent chang Dec- Avg - Dec Avg 1.0 1.0 2.0 1.0 12.6 7.9 18.1 17.4 20.4 16.0 14.5 14.6 2.6 15.6 10.8 -10.5 -2.3 -6.1 2.4 1.8 0.0 0.0 3.5 2.3 -1.1 1.1 -2.3 -1.7 -1.2 -1.7 0.6 0.0 -6.4 -2.3 -9.3 -9.0 10.3 -9.9 0.8 -5.1 1.5 3.1 3.0 2.2 1.4 1.5 2.9 3.6 -2.8 -2.1 0.0 -1.4 0.7 0.7 9.9 5.0 9.0 10.9 3.0 6.1 2.3 1.7 2.2 2.3 18.1 8.3 8.8 14.4 3.0 8.1 -2.1 -1.2 5.9 1.3 6.0 7.9 0.8 1.9 0.7 0.8 -0.7 0.7 0.4 -0.4 3.0 1.5 2.9 3.3 1.8 2.8 1.7 0.7 1.4 1.7 0.7 1.0 1.3 1.0 1.6 1.3 1.0 1.3 1.9 1.6 3.5 2.9 3.0 3.1 4.7 4.2 6.2 5.5 5.6 5.7 3.3 4.4 3.4 3.2 8.7 6.2 12.3 11.0 6.9 9.1 4.9 5.8 6.7 6.5 9.0 7.6 13.3 11.3 1/7/2013 Page 2 of 2 1980 77.8 78.9 00.1 81.0 81.8 82.7 82.7 83.3 84.0 04.8 85.5 86.3 02.4 12.5 13.5 1981 87.0 87.9 B8.5 89.1 89.8 90.6 91.6 92.3 93.2 93.4 93.7 94.0 90.9 8.9 10.3 1982 94.3 94.6 94.5 94.9 95.8 97.0 97.5 97.7 97.9 98.2 98.0 97.6 96.5 3.8 6.2 1993 97.8 97.9 97.9 98.6 99.2 99.5 99.9 100.2 100.7 101.0 101.2 101.3 99.6 3.8 3.2 1984 101.9 102.4 102.6 103.1 103.4 103.7 104.1 104.5 105.0 105.3 105.3 105.3 103.9 3.9 4.3 1985 105.5 106.0 106.4 106.9 107.3 107.6 107.8 108.0 108.3 108.7 109.0 109.3 107.6 3.8 3.6 1986 109.6 109.3 108.8 108.6 108.9 109.5 109.5 109.7 110.2 110.3 110.4 110.5 109.6 1.1 1.9 1987 111.2 111.6 112.1 112.7 113.1 113.5 113.8 114.4 115.0 115.3 115.4 115.4 113.6 4.4 3.6 1988 115.7 116.0 116.5 117.1 117.5 118.0 118.5 119.0 119.8 120.2 120.3 120.5 118.3 4.4 4.1 1989 121.1 121.6 122.3 123.1 123.8 124.1 124.4 124.6 125.0 125.6 125.9 126.1 124.0 4.6 4.8 1990 127.4 128.0 128.7 128.9 129.2 129.9 130.4 131.6 132.7 133.5 133.8 133.8 130.7 6.1 5.4 1991 134-6 134.8 135.0 135.2 135.6 136.0 136.2 136.6 137.2 137.4 137.8 137.9 136.2 3.1 4.2 1992 138.1 138.6 139.3 139.5 139.7 140.2 140.5 140.9 141.3 141.8 142.0 141.9 140.3 2.9 3.0 1993 142.6 143.1 143.6 144.0 144.2 144.4 144.4 144.8 145.1 145.7 145.8 145.8 144.5 2.7 3.0 1994 146.2 146.7 147.2 147.4 147.5 148.0 148.4 149.0 149.4 149.5 149.7 149.7 148.2 2.7 2.6 1995 150.3 150.9 151.4. 151.9 152.2 152.5 152.5 152.9 153.2 153.7 153.6 153.5 152.4 2.5 2.8 1996 154.4 154.9 155.7 156.3 156.6 156.7 157.0 157.3 157.8 158.3 158.6 158.6 156.9 3.3 3.0 1997 159.1 159.6 160.0 160.2 160.1 160.3 160.5 160.8 161.2 161.6 161.5 161.3 160.5 1.7 2.3 1998 161.6 161.9 162.2 162.5 162.8 163.0 163.2 163.4 163.6 164.0 164.0 163.9 163.0 1.6 1.6 1999 164.3 164.5 165.0 166.2 166.2 166.2 166.7 167.1 167.9 168.2 168.3 168.3 166.6 2.7 2.2 2000 168.8 169.8 171.2 171.3 171.5 172.4 172.8 172.8 173.7 174.0 174.1 174.0 172.2 3.4 3.4 2001 175.1 175.8 176.2 176.9 177.7 178.0 17].5 177.5 178.3 177.7 177.4 1]6.] 177.1 1.6 2.8 2002 1]].1 1]].8 178.8 179.8 179.8 179.9 180.1 160.7 181.0 181.3 161.3 180.9 179.9 2.4 1.6 2003 181.7 183.1 184.2 183.8 183.5 183.7 183.9 164.6 185.2 185.0 184.5 184.3 184.0 1.9 2.3 2004 185.2 186.2 187.4 188.0 189.1 189.7 169.4 189.5 189.9 190.9 191.0 190.3 188.9 3.3 2.7 2005 190.7 191.8 193.3 194.6 194.4 194.5 195.4 196.4 198.8 199.2 197.6 196.0 195.3 3.4 3.4 2006 198.3 198.7 199.8 201.5 202.5 202.9 203.5 203.9 202.9 201.8 201.5 201.8 201.6 2.5 3.2 2007 202.416 203.499 205.352 206.686 207.949 208.352 208.299 207.917 208.490 208.936 210.177 210.036 207.342 4.1 2.8 2008 211.090 211.693 213.528 214.823 216.632 218.815 219.964 219.086 218.783 216.573 I�212.425.• 210.228 215.303 0.1 3.8 2009 211.143 212.193 212.709 213'.240 213.856 215.693 215.351 215.834 215.969 216.171 �16. 330 215.949 214.537 2.7 -0.4 2010 216.687 216.741 217.631 218.009 218.178 217.965 218.011 218.312 218.439 218.]11 218.803 219.179 218.056 1.5 1.6 2011 220.223 221.309 223.467 224.906 225.964 225.722 225.922 226.545 226.889 22fi .421 226.230 225.672 224.939 3.0 3.2 2012 226.665 227.663 229.392 230.085 229.815 229.479 229.104 230.379 231.907 231.317 230.221 (A lye ; I �5.ov L' f\�'3� •2t1 - 216.33v114,(1c1Sx 176) _ 7.114..33° JJ L 209. 7 file:///C:/Users/RBOUDR-1/AppData/Local/Temp/PX2RVV9W.htm .: ;. _ 1/7/2013? -i:a • 7aye Ie ARKANSAS Alrpod Progress Report TO: Fayetteville Executive Airport Board THRU: Ray M. Boudreaux, Director FROM: James Nicholson, Financial Coordinator DATE: January 10, 2013 Tower Operations Cumulative MONTH 2008 2009 2010 2011 2012 MONTH Wwi�- --. 2008 2009 2010 2011 2012 JAN 2180 2,492 1932 1,917 2,552 JAN 2,180 2,492 1932 1,917 2552 FEB 2,629 2,902 2,214 1,320 2,138 FEB 4,809 5,394 4,146 3,237 4,690 MAR 2,333 2,807 2,418 2,818 2,161 MAR 7,142 8,201 6,564 6,055 6,851 APR 2,747 2,629 2,775 2,254 2,763 APR 9,889 10,830 9,339 8,309 9,614 MAY 3,032 2,722 3,015 2,627 3,180 MAY 12,921 13,552 -12,354 10,936 12,794 JUN 2,727 2,876 2,531 2,859 3,195 JUN 15,648 16,428 14,885 13,795 15,989 JUL 3,657 3,100 2,895 2,758 3,050 JUL 19,305 19,528 17,780 16,553 19,039 AUG 3,358 2,868 2,513 2,676 2,951 AUG 22,663 22,396 20,293 19,229 21,990 SEP 3,559 3,571 2,684 3,503 4,864 SEP 26,222 25,973 22,977 22,732 26,854 OCT 3 350 2 877 3125 2,998 3!320 OCT 29t572 1 28,650 1 28102 25,730 30,174 NOV 1 2,739 1 2,586 11964 2,3791 3,392 INOV 1 32,311 1 31,2351 28,086 28,109 33,568 DEC 1 2,015 1 1,842 1,841 1 2,164 1 2,546 IDEC 1 34,3261 33,078 1 29,907 30,273 36,112 jMonWyAvg 1 2,8611 2,757 j 2,492 1 2,523 1 3,009 lAnnualChg 1 -6.73% •3.64% 459% 1.22% 19.29% r„• �7f „In , ■ ■�i ■� o. r„ kUMAWdo prtw4 ofWWO lAYatllnpwb0 byAMT =fur<arw tra.na Jn rrW p■IY LrNMmIW, 4s >n Y♦Wp Wl b, b/WMmIb, Os H 4 lv�, Wwi�- --. Jn rrW p■IY LrNMmIW, 4s >n Y♦Wp Wl b, b/WMmIb, Os H 4 lv�, FBO Fuel Sales Cumulative MONTH 2008 2009 2010 2011 2012 MONTH 2008 2009 2010 RB 6AlB 2011 a>1'�a1EI�AlAaAa(E 2012 JAN 41,058 36,062 35,528 35,936 27,865 JAN 41,058 36,062 35,528 35,936 27,865 FEB 50,320 43,497 35,466 20,909 29,824 FEB 91,378 79,559 70,994 56845 57,689 MAR 39,089 46,608 41,809 37,333 28,827 MAR 130,467 126,167 112,803 94,178 86,516 APR 41,265 31,705 30,763 27611 27,085 APR 171,732 157,872 143,566 121,789 113,601 MAY 37,587 33,136 31,018 26,206 29,481 2AAI MAY 209,319 191,008 174,584 147,995 143,082 JUN Ramo 30,837 28,218 27,216 31,677 32,961 JUN 240156 219,226 201,800 179 672 176t043 JUL 32,114 26,021 26,628 23,892 28,068 JUL 272,270 245247 228,428 203,564 204,111 AUG 35,827 25,018 25,011 23,585 1 31,835 IAUG 308,097 270,265 253,439 227,149 235,948 SEP 47,059 39,025 39,845 31,879 44,937 SEP 355,156 alm 309,290 293,284 259,028 280,683 OCT a 52,329 44,578 48,581 1 29,6761 32,537 OCT 1 407,485 353,6681 341,865 288,7041 313,420 NOV 1 37892 1 30,489 1 33,7181 32603 1 28,744 INOV 1 445,3771 384337 1 375,583 321,3071 342,154 DEC 1 30,143 1 28,732 1 24,470 1 23,103 1 25,157 IDEC 1 475,520 1 413,069 1 400,0531 344,4101 367,321 2012 CumulaWe Avg Fuel Bain by Percent of Type Ml Bales by alone) 2012 Q naBAAMFf, xa.gY BAM I0a1. rAi% R 10x1, xi AN RD MR AM MY A AA AID W = NPI = Flal Bda•fa9mb lkapNOl -ane -anl --.Ala RB 6AlB a>1'�a1EI�AlAaAa(E MAwl Amar GDMI o 1 mAm 3 SO,'p A1m am0 -3a9 e a A� 2AAI - Ramo m m� m e atm alm a 5H A AN 1® Ilm AM M7 AN AL AIG 0 pa 0 Z AD AM am aoe Ap as AID Aa All Ant goo RrAt I -an aM.cmlm,«ryw FuMBW 0Mi9eYon 131 xMmrml 2YWN srw. r 1 Monet FaMraM _ - s�o RmmAeY - - euExmer 35 - -- �o 20 ■ - o Is 10 LI SIR s o a • 4fA�f>.+iI606�F�ftl4 oOld'Od��.�! rr�►rorrr Mrrmwmi.,km r+rro Mra M As as mwm �I 2012 CumulaWe Avg Fuel Bain by Percent of Type Ml Bales by alone) 2012 Q naBAAMFf, xa.gY BAM I0a1. rAi% R 10x1, xi AN RD MR AM MY A AA AID W = NPI = Local Fuel Prices: Fuel prices within 50 miles of FYV as of 12/11/12 Ident FBO Name Jet FS 100LL FS 10OLL SS 91 MoGas A$ Jet GS 1001 G 6 tooss TOH City of Tahlequah both selfsery 4.99 5.50 NC NC SLG City of Siloam Springs 5.38 5.35 4.85 0.12 NC NC FSM TAC Air 5.95 6.22 5.72 NC NC NC XNA Regional Jet Center 5.96 6.64 0.19 NC VST Summit Aviation 6.10 6.15 5.95 NC NC NC ASG Pinnacle Air Services 6.15 6.20 5.85 NC NC 0.20 ROG Beaver Lake Aviation 6.21 6.30 0.05 NC FYV Million Air Fayetteville / City SS 6.64 6.40 5.25 3.501 NC NC 0.05 Fuel Prices: National 1/7/13 Source: GlobalAir.com Aviation Fuel Current US Fuel Prices Current Fuel Prices & Averages by Region II INodhliost Mountain Noy/EnaIsad i ��.. ..Greet L�akos East m ©�Q® Central= -Rom 0 ©m Western PoaWi Southern Southwest ®®��® $ 5 , 9 0 Alaska \ , _ -..: ' mile 58,56 Bliss O TaerlARKANSAS FAYETTEVILLE EXECUTIVE AIRPORT OPERATING SUMMARY MONTH ENDING 12(372012 AIRPORT BOARD OPERATING ACTIVITIES 2010 2011 2011 2012 2012 2012 Actual Budget Actual Budget Budget YTD Actual YTD REVENUE Rents 8 Leases 448,383 452,900 444,147 440,900 440,900 455,558 Aviation Fuel 128,208 117,900 114,865 119,500 119,500 157,525 Contract FBO 110,764 110,500 83,815 70,900 70,900 72,699 Miscellaneous 14,745 7,100 11,869 17,900 11,900 8.586 Operational Transfers- FEMA Reimbursement - - 15,857 - - - NON-OPERATING INCOME Sales Tax Revenue 27,770 24,200 29,733 26.000 26,000 25.171 Non-Op Miscellaneas - - (100) - - - INCOME RECEIVED FROM OPERATING ACTIVITIES 729,210 712,600 700,187 61 669,200 719,540 EXPENSES Personnel 315,079 329,849 331,465 341,673 341,673 317,255 Materials 8 Supplies 12,335 17,741 12,990 22,545 22,545 21.220 Aviation Fuel Purchases 76,631 75.810 87,584 90,328 90,328 105,924 Services B Charges 185,161 234,128 200,230 231,896 231,896 214,009 Cost Allocation to Gereral Fund 7,915 7,915 7,915 7,915 7,915 7,915 Maintenance 36,335 55,123 48,137 64,490 64,490 49,885 Interest on West GA Hangars Loan (accrued monRty) 30,333 16.800 13,237 6,328 6,328 6,328 INCOME USED FOR OPERATING ACTIVITIES 663,791 737,366 695,557 765,175 765,175 722,536 NET INCOME FROM OPERATING ACTIVITIES -GAIN / (LOSS) 65,419 (24,766) 4,629 (95,975) (95.975) (2,996) INVESTING ACTIVITIES 2010 2011 2011 2012 2012 2012 Acarol Budget Actual Budget Budget YTD Actual YTD NON-OPERATING INCOME Interest on lmestmarts 17,595 12,000 5,098 7,800 7,800 3.717 Other - Gain (Loss) on sale of assets 1,786 - - - - - CAPITAL IMPROVEMENTS EXPENSE 07039 AIP #37 Correct Rirmay 16 Safety Area Deficiency Phase II 6,907 - - - - 07039 AIP #38 Correct Runway 16 Safety Area Deficiency Phase III 2,772,052 491,901 391,775 - - 10022 AIP #39 Wildlife Harerd Assessment 24,904 33,205 33,205 - 3 - 10028 Airport Fuel Fane Repair 20.119 - (512) - - 110n AirooH Security Improvements - 179,788 128,693 51,095 � 51,078 11019 Airport Stormvio ter Protection Plan Update - 2,500 2.500- 11023 AIP 940 Pavement Rehab 8 Re-Marking - 252,102 252,069 - - 12002Hangar Rehab -4248S School - - - 263.250 262,623 12011 Executive Hangar Office Addition 32.504 '° 26,473 12012 AIP #41 Pavement Rehab 8 Re-Marking Phase II - - - 147,252 117,176 USED FOR INVESTING ACTIVITIES 2,804,600 947,496 802,631 486,301 453,632 FINANCING ACTIVITIES 2010 2011 2011 2012 2012 2012 Actual Budget Actual Budget Budget YTD Actual YTD LOANS Payments on Loan Principal (accrued) 46.667 37,334 28.030 15,530 14,236 14,236 On-time Paydown on Hangar Loan 305,626 - GRANTS STATE/FEDERAL Due/Received from State Grants on Fed Projects - 206,154 195,779 34,417 27,156 Due/Raceived from AIP #38 Correct RW 16 RSA Phase III 2,633,449 272,238 372,186 - - Due/Received from AIP #39 Wildlife Hazard Assessment 23,741 31,463 57,343 - a m Due/Received from Dept Aero -Fuel Farm Repair 79,027 - - - - Due/Received from Dept Aero - Airport Security Impmvements - 144,000 - 144,000 Q 143,816 Duartieceived from AIP #40 Pavement Rehab 8 Re-marking - 239.497 239,465 - m Due/Received from Dept Aero - 8020 Hangar Rehab - - - 210,600 210,098 Due/Received from AIP #41 Pavement Rehab 8 Re-markirg Phase II - - - 105,741 104,828 Due/Received from Dept Aero - 8020 Executive Hangar Office Addition - - - NET INCOME FROM FINANCING ACTIVITIES 2,629,550 856,018 525.118 479,228 471,662 AIRPORT CASH BALANCE 889,106 908,504 616,223 513,175 631,257 CURRENT ENCUMBRANCES (CAPITAL) MCE TASK ORDER 08 - Design Pavement Rehab II 18,000 - MCE TASK ORDER #9 - Plarus, Specs, Prot Admin, Exec Hangar Once Addition 32,504 6,574 Contractor - Executive Hangar Office Addition (Not cwentty luded) - LONG TERM LIABILITIES Hangar Loan Pdrcipal 217,416 203.181 APPROVED GRANTS (Not yet accrued) - CAPITAL PROJECTS State Grants on Federal Projects AIP 41 - Pavement Rehab 8 Re-marking Phase II - State Grant - Exec Hangar Office Addition (in Development) AIRPORT CASH MINUS LIABILITIES .,, 245,255 @YE 421,503 J F O f - CD � N M N N LD O b d co O J N G Q c J O awC) F wZ N H V Y O LD O J D D JUa O >wz U W J rw W W w 0 J Lal Q C LL LLcn O rW w -pi:LL O 0 L ULai IM Q J F O CD � N M N N LD r� C co O J J G Q c J O F 0 N H V Y O LD O r O U W N N C LLcn m O L l0 C 0 o � LL Y O O LL d N O � U 7 z a v � U N U)i 10 1 U v m V N o0 f d E m E V d E U m a m LO N O (O A 4 0 rn qT y cc 0 0 } pp Ln l(j Q 0) 0) 0) O O O r O O R 0 0 0 0 (n O t0 O O O O }LN 00 OOO Q OD 0) 0) 0) 0) W Q N O co t0 r M F ZZmcc 00 LLL LL W Q LL U' J J 0 O C N Q a m m U w' a) U U U E N O E) E z E: 0 3: U x x J F O LO � N M N N LD r� C co O J J G Q c J O F 0 H V O LD O r J F O ..'t ki! i Or n%i En P' LLE, P. F... 'd .t3. a e evl ,Ile 1Y._ A AAYANSAS MEMO TO THE AIRPORT BOARD TO: Bob Nickle, Chairman Airport Board Airport Board Members FROM: Ray M. Boudreaux, Director of Aviation DATE: January 10, 2013 SUBJECT: Discussion re City run FBO THE CITY OF FAYETTEVILLE, ARKANSAS AVIATION DIVISION 4500 S School Ave, Ste F Fayetteville, AR 72701 P 14]91]111-1642 DISCUSSION: In November, the Airport Board recommended that the staff initiate termination of the Million Air Contract due to company failure to comply with provisions of the contract. For the last several weeks, we have determined that the best course of action following the termination would be for the City to operate the FBO in house without contracting out for the service. We have determined the following business plan as we take the operation in house: We propose to hire 6.6 FTE in the FBO business unit. We will not hire a manager initially but will hire a Line Supervisor plus 3 full time Line Techs and 2 Part Time Techs for a total of 6 Line Techs. We will hire one full time CSR and one Part Time CSR. The budget is based on revenue calculated on an average gross margin of $1.50 for Jet and $1.25 for AVGAS. We have included $98,437 in start up capital costs as one time expenses. We have included the costs to lease two Jet and one AVGAS fuel service trucks. The other big cost items are Credit Card fees, insurance, maintenance and payments to the City for Fleet and Cost Allocation. There may be no cost allocation for the first year until the City workload is determined. The revenue budget is very conservative and the expense budget is all inclusive and includes areas where saving could be realized. The bottom line shows $136,889 revenue over expenses. When deducting the current payments made by Million Air, a City run FBO would realize $26,805 net profit. Our proposal is based on keeping the high level of service currently provided by the Million Air staff at a reduced cost to the customer. Pricing strategy will include basing the retail price on established average gross margin and applying market adjustment to fairly compete in the local market. We will issue an RFP for a fuel provider. The proposal will include several variables: fuel only, including service trucks or including service trucks with full maintenance. Cost of fuel and transportation costs will be evaluated. RECOMMENDATION: Staff recommends that we take the FBO operation in house should the contract with Million Air be terminated. r'w.wwiaccessfayefteville.org/government/aviation EXPENSE REVENUE Accl Numb Acct Name Acct Number Acct Name Proposed ACCOUNT CLASSIFICATION Ex10 - Personnel Services ACCOUNT CLASSIFICATION M40 - Charges for services 6.6 FTE 5100 SallWages 172,937 300Jet145Av 5100.01 SalConting 4450 Rent - FBO Hangar 30000 5103 Overtime 4,500 4456.01 AVGASRev 250667 5105 FICA Taxes 13,229 4456.02 JetFuelrev 1706580 5107 Life Ins 480 4456.03 FBOsalestx 168080 5108 Health Ins 44,768 4456.04 87MoGas 15402 5108.01 LTD Ins 485 4995 FBOAccess 4800 5108.02 ADD Ins 53 4999 Misc Rev 2500 5109.06 RetireSavP, - _ 5111 Workers' C 3,993 TOTALS: 2178028 5120 PersSvcCon - TOTALS: 240,445 ACCOUNT CLASSIFICATION Ex20 - Materials and Supplies 300Jet145Av STARTUP CAPITAL EXPENSE - NOT INCLUDED 5200 OffSupPmt 500 5200.01 Copies&lea 1,000 28.5V GPU 7500 5202 ShopSupply - Used Tug 7500 5203 CleanSuply - 300 Deicing Rig 5000 5204 Chemicals 600 Towbars 5000 5209 Software 150 Lav Cart 3200 5210 MinorEquip 100 Boarding Stairs 17262 5212 Signs - Belt Loader 16500 5213 Gasoline 14,727 Golf Cart 10000 5213.02 Jet fuel 1,351,800 Signs Banner/ Miss 1000 5213.03 AVGAS 2 219,033 Minor Equip 24V Bat Chgr 300 5213.04 Fuel 1,500 Minor Equip Fueling Mats 125 5214 PartsOilAc 5,190 Minor Equip Ladders 350 5214.01 Tires 3 - Minor Equip Fire Extinguish 500 _ Minor Equip Marshaling Wai 200 TOTALS : 1,594,900 Minor Equip HAZMAT Maid 450 Minor Equip Chocks 2500 ACCOUNT CLASSIFICATION Ex30 - Services and Charges Minor Equip Air Radios 1200 - Minor Equip Cell phone 100 Minor Equip Road cones 400 5301 PUblNoti i 5,000 Minor Equip Fuel Test Equif 1000 5302 Uniforms/P 1,400 Minor Equip Computers (3) 2000 5303 Pubs/Dues 800 Minor Equip POS Device 100 5304 Tmvel/Tm 2,000 Minor Equip Vacuum Clnr 100 5304.99 T&T Advnce - Minor Equip Sofas 1200 5307 Audit Exp - Minor Equip AnnChairs 900 5308 Rent - Minor Equip Tables 500 5308.03 Equip Rent 55,200 Minor Equip Decorative lteff 350 5309 Lease Exp - Minor Equip Electronics 3200 5310 Utilities 6,000 Prof Sery Marketing 10000 5310.01 Telephone 432 _ 5311 InsVehBldg 10,000 TOTALS : 98437 5311.01 InsCityVeh - 5314 Prof Sery 10,000 5315 CntrctSery 3,140 Footnotes: 5319 BadDebtExp 1,000 1 No retirement benefit expense in first year. 5320.02 CrCardChgs 60,789 Estimated In future years: $20,751 5329 EmpleRecog 100 5342 PromoActiv 3,500 5346 InventryAd 1,500 2 Wholesale fuel cost based on market at 12/12/12. 5372 SlsTaxlnvn - Expense includes delivered cost plus 0.10 flowage _ fee & Sales Tax liability at resale. TOTALS: 160,861 3 Tire expense for refueler trucks. Not included in ACCOUNT CLASSIFICATION Ex33 - Motorpool Charges 2013 budget year. Future year operational expense: - $2500 5331 Motor Pool 1,800 5331.01 ReplaceChg 6,096 5331.02 ShOverhead 729 5331.03 ShOverheadlns 59 TOTALS: 8,684 ACCOUNT CLASSIFICATION U39 - Cost allocation 5399 Cost Alloc 20,000 TOTALS: 20,000 ACCOUNT CLASSIFICATION Ex40 - Maintenance 5400 BldgGmdMt 7,500 5401 OffMachMt - 5402 RadioMaint 550 5403 Veh/MachMt 7,000 5407 SmEquipMl 1,200 TOTALS: 16,250 TOTAL ALL 2,041,140 REVENUE 2,178,028 NET 136,889 Minus Current Rent Rcvd 75,584 Minus Flow Fees 34,500 Net Difference AP Fund 26,805 a* z o X x K o ow m m m m T D D N m m m D -um o o <° ° m °c m m 'm Q d m o CD A A o a n m y D 1w obi Z 'aM m a° o� o �» m OM x Zm0 N m �D SD 0 C� m � �o — < 4. + m d O N O f0 n a m— N -i m ."�(nO m N -nm m CL m °m m y a m� <x=•mm rn 0E—< 2 m a d m " <? 3 r m x + r m m 0 w 3 � .� Dm< CD -n ocam N 3 D J m N n G D c m A o@ c D z— $ z mvtn C � N r -4 Gv m N a CPw + I I O A(P+ O( OOOOONwJ A D v w O V V V V O O O A O O O a.96 N N m m W w O w w w O w W V O O w C W O O A O a W O O O O O+ A00 w V 00(00 0 00 m m D + M w O O w O+ O A O O O O O O W C O ? N O !J N O A IJ IJ + 0 0 0 0+ O cn y N w w J CO 00m O m (P OOOOc000? z N am w w N A ( raO w V W O O A N u N O CD co w w W m 0 m m O OwOOOj n CD Cn _ O A N (P O U• O O O A 0 0 0 0 0 0 W D m V a" N N A V � 0 n N ( n O O O O C O O N m N O AO A A A t0 A w 0 0 w V W O O A N 20 ea" N N W CO 4 0 0 N m O O C 0 0 0 0 � j " CD Cn ow W W pp O O O W O O O O O O N m �' _O (P + N V N N tODN O[T O a0�00co V m m (P W a" N N Aw O O O w O W (n++W A ?o a O w w w N A O O O A O O O C O O OCP 0 Cj O m m N P5 io�Z NUJIkRKr}NSAg TIMES FRIW, 'bCC. Iq,2012 pa3e 2 - AIRPORT: AIRPORT: CEO Asks Via Letter For 90 Days To Make Required Payments COMM FROM PAGE 1A of termination to Roger Woolsey, president and CEO of Million Air, on Nov. 7. Pursuant to the airport's contract with Million Air, either party must give 120 days notice to terminate the contract, which was last renewed for 10 years in August 2010. The contract would officially end in March. giving the city time to either hire a new fixed -base opera- tor or take on airport opera- tions itself. Woolsey, who did not attend Thursday's meeting, sent a letter Wednesday in Which he asked Boudreaux .and board members to give him 90 days to make required payments. "If we both take a long view at the investments made to date and consider the ongoing investments ;and efforts being applied for the airport's ultimate success, this simple request will allow the opportunity for -our organization to build upon recent successful trends," Woolsey wrote. Peter Mastroianni, general manager for Million Air Fayetteville since January, correctly noted fuel sales and the number of (tights in and out of Drake Field have been up compared to 2011 during most months this year.. Mastroianni said he could not speak for company exec- utives, but, he added, "We want to be here, and we want �tl'i717:it1913 i I1707 1' c1, fight regional airports tlarged the following rates per gallon for jet fuel as of Tuesday. I Tahlequah Municipal Nrport — $499 , P Siloam Springs Murdc4W Airport — $5.50. . _t Fort Smith Regional A'kW — $595 P Bentonville Municipal Airport — $610 P Nortinvest Arkansas Re9imtal Ah"d — $615 r Springdale Municipal Ah mn — $615 . i Rogers Municipal Airport - $616 P Fayetteville Executive Auport.— $6.64 So uex ftmmur Euaaat Amari to work with you. _ We just need a little more time." ' Boudreaux said Million Air. paid $40,000 for a $340,000 renovation. of the airport's terminal building in 2006. Mastroianni and his predecessor, MaryKathryn Floyd, were instrumental.in procuring and maintaining a contract that has increased military flights at Drake Field. Mastroianni said it could take the city months to resyme those flights, which have made up anywhere from 10 to 20 percent of overall opera- tions during the past two years. Boudreaux said there are benefits to having a private fixed -base operator, includ- ing national marketing and exposure and improved services to pilots. He added the city was able to adequately take over airport operations after 'another .private company, Fayette- ville Air Service, left Drake Field in 200L "Were not at all concerned about getting the job done," Boudreaux said. The city would have to fill at least five full-time posi- tions to replace Million Air employees. . James Nicholson, financial coordinator for the airport, estimated it would cost about $50,000 to purchase needed equipment. It would take an additional $40,000 to fill the airport's fuel storage tank one time, Nicholson said. - Of course, there is poten- tial money to be made if the city takes on Million Air's duties. The city could capture any profit from fuel sales rather than collecting a fixed fee per gallon from a private company. City officials could opt to lower fuel prices, a regular gripe from airport stall, board members and local pilots. Million Air's fuel costs have often been the highest of eight airports in the region, according to monthly reports to the board. The airport's policy is to have $500,000 cash on hand at any one time. According to Nicholson, Drake Field's fund balance as. of Nov. 30 was $627,000.