March 2015 Meeting Minutes

Open­ing:

The Board Meet­ing of the Pana­ma City-Bay Coun­ty Air­port and Indus­tri­al Dis­trict was called to order at 9:00 a.m., March 25, 2015 in the Air­port Board Room by Chair­man Bruett.

The Invo­ca­tion was giv­en by Ms. Pat­ty Mitchell.

The Pledge of Alle­giance was led by Chair­man Bruett.

The Exec­u­tive Sec­re­tary called the roll and indi­cat­ed that all Board Mem­bers were present except Mr. Fore­hand, Mr. Lee and Ms. Meadows.

Approval of Minutes:

The Feb­ru­ary 25, 2015 Board Meet­ing Min­utes were approved as distributed.

Reports:

Mr. McClel­lan pre­sent­ed and reviewed both the activ­i­ty report and the finan­cial report.

Con­sent Agenda:

a. Approve Pur­chase for Spring Fertilization

This item pro­vides for Board approval for the pur­chase and appli­ca­tion of fer­til­iz­er and lime for approx­i­mate­ly 500 acres of air­port property.

Fol­low­ing Board dis­cus­sion, Mr. Scott made a motion to approve the pur­chase and appli­ca­tion of fer­til­iz­er and lime from Altha Agron­o­my in the amount of $56,687.50, and autho­riza­tion for the Exec­u­tive Direc­tor to exe­cute any nec­es­sary doc­u­ments. Mr. Math­is sec­ond­ed the motion. The vote was tak­en and the motion passed unanimously.

b. Accept Flori­da Air­ports Coun­cil Intern­ship Grant

This item pro­vides for Board accep­tance of a grant from the Flori­da Air­ports Coun­cil under the Intern­ship Grant Pro­gram in the amount of $4,000.

Fol­low­ing Board dis­cus­sion, Mr. Scott made a motion to accept the grant from the Flori­da Air­ports Coun­cil under the Intern­ship Grant Pro­gram and autho­riza­tion for the Exec­u­tive Direc­tor to exe­cute any nec­es­sary doc­u­ments. Mr. Pilch­er sec­ond­ed the motion. The vote was tak­en and the motion passed unanimously.

Busi­ness Items:

a. FY 2014 Rates and Charges for the Sig­na­to­ry Air Carriers

This item pro­vides infor­ma­tion to the Board con­cern­ing sig­na­to­ry air­line rates and charges for Fis­cal Year 2014 in accor­dance with the air­line use and lease agree­ments that went into effect Octo­ber 1, 2011.

The air­line use and lease agree­ment charges two basic rates, one for land­ing fees and one for ter­mi­nal rent. The land­ing fee rate rep­re­sents the total costs asso­ci­at­ed with oper­at­ing the air­field cost cen­ter and includes all oper­at­ing and main­te­nance costs along with debt ser­vice costs for con­struct­ing the air­field. The ter­mi­nal rental includes both the debt ser­vice and O & M costs in the ter­mi­nal com­plex cost cen­ter and is charged on a rentable square foot cal­cu­la­tion. This busi­ness frame­work also calls for a rev­enue shar­ing pro­gram with the sig­na­to­ry air­lines after all the oper­at­ing expens­es and annu­al debt ser­vice have been paid.

In con­junc­tion with the FY 2014 finan­cial audit, Staff has also final­ized rates and charges for the sig­na­to­ry air car­ri­ers and deter­mined the rev­enue shar­ing amount for FY 2014.

List­ed below are the over­all results for FY 2014:

This item is for infor­ma­tion­al pur­pos­es only and required no for­mal vote.

Exec­u­tive Direc­tor Reports:

Mr. McClel­lan pro­vid­ed a review to the Board regard­ing the start-up of Unit­ed Air Lines, which began ser­vice on March 5, 2015, and the start-up of Sil­ver Air­ways, which began ser­vice on

March 19, 2015. He also updat­ed the Board regard­ing the return of South­west ser­vice to St. Louis and Baltimore/​Washington and the addi­tion of ser­vice to Dal­las, which began on March 7, 2015.

Mr. McClel­lan updat­ed the Board on the Sheltair Ramp Expan­sion Project. It is antic­i­pat­ed that the project will be com­plet­ed in mid-June.

Pub­lic Comments:

No pub­lic comments.

Adjourn­ment:

The reg­u­lar meet­ing was adjourned at approx­i­mate­ly 9:15 a.m. (CST).

Pat­ty Mitchell, Exec­u­tive Sec­re­tary Till Bruett, Chairman