Dec 14, 2023 Airport Advisory Commission

[00:00:02]

THIS MEETING TO ORDER OF THE DECEMBER 14TH AIRPORT ADVISORY COMMISSION.

[1. CALL TO ORDER]

OKAY.

CALL] STAND FOR THE PLEDGE OF ALLEGIANCE.

ALLEGIANCE] AND WE'RE LOOKING FOR APPROVAL OF THE MINUTES.

[4. APPROVAL OF MINUTES]

ACCEPT IT. ACCEPT THE MINUTES AS WRITTEN FOR THE OCTOBER 12TH AVC MEETING.

DO YOU HAVE A SECOND? SECOND. ALL IN FAVOR? AYE. OKAY.

THE MINUTES ARE PASSED.

[5.1 AAC Meeting Frequency]

SO I BROUGHT UP THIS AT THE LAST MEETING ABOUT THE FREQUENCY OF OUR MEETINGS.

AND I WOULD JUST LIKE TO SUGGEST YOU PRETEND I NEVER SAID THAT.

AND I THINK IT'S.

I'M RECOMMENDING WE JUST KEEP THINGS AS THEY ARE.

THAT WAS KIND OF A MOVEMENT.

I THOUGHT OTHER BOARDS WERE MOVING IN THAT DIRECTION, BUT I WAS WRONG.

SO I WOULD SUGGEST THINGS ARE GOING WELL FOR US.

WE JUST JUST KEEP THEM AS AS WE'RE DOING.

KEEP IT AS, EVERY OTHER MONTH? THAT'S MY RECOMMENDATION.

YES. OKAY.

YEP. ANY OTHER OLD BUSINESS THERE? ON THE ON THE OFF MONTH, WOULD IT BE POSSIBLE TO GET SOME KIND OF UPDATE? UM, SO I AM, UH, PLANNING ON STARTING A QUARTERLY NEWSLETTER THAT I COULD STAGGER BETWEEN.

LIKE I WAS GOING TO START IT ON IN JANUARY, SO MAYBE THAT WOULD HELP GET SOME MORE INFORMATION OUT BETWEEN MEETINGS.

OKAY, GREAT.

[6.1 Bent Wing/FHB Aircraft Hangars Project Update]

SO THAT IS MR. NATE COYLE IS GOING TO GIVE US A PRESENTATION FOR A PROPOSAL FROM OUR FIXED BASE OPERATOR.

THANKS, HARRY.

GALLERY. WE'RE HERE TO ANSWER QUESTIONS.

THANK YOU. THANKS.

YEAH. THANK YOU.

BRIAN. HEY, DOUG.

THANKS, BRIAN. RANDY.

LEE. THANK YOU.

BRIAN. IT'S LOCKED US OUT OF THE.

OH, IT'S GOT IT HERE. I'M SORRY.

LOOK AT THAT. OKAY.

GOOD EVENING. I'M, UH, NATE COYLE.

UH, GENERAL MANAGER FOR BENT WING FLIGHT SERVICES.

UH, YOUR FBO AT THE AIRPORT, UH, HOME ADDRESS IS 32444 FERN PARKWAY.

I WANT TO INTRODUCE WITH ME, UH, BRIAN ECKERT, WHO'S OBVIOUSLY THE OWNER OF BENT WING FLIGHT SERVICES, THE FBO, AND, UH, HARRY GILKES, WHO'S A REAL ESTATE PARTNER IN AVIATION DEVELOPMENT WITH US AT THE AIRPORT.

UH, WE HAVE A PRESENTATION FOR YOU THIS EVENING.

WE'RE ASKING FOR RECOMMENDATION FROM THE AEC ON APPLICATIONS FOR DEVELOPMENT THAT WERE PREVIOUSLY DISCUSSED WITHIN THIS GROUP AT A PREVIOUS MEETING.

BUT WE'D LIKE TO GO INTO A LITTLE BIT FURTHER DETAIL, UH, SHOW YOU SOME CONCEPTUAL IMAGES OF WHAT WE THINK THAT WOULD BE INCLUDED IN THOSE APPLICATIONS.

UH, AND SEEK YOUR RECOMMENDATIONS, UH, FOR DEVELOPMENT, UH, AT THE AIRPORT.

AND THIS IS PERTAINING TO THE YBOR ALVAREZ, UH, COMPLEX AND THE ONGOING DISCUSSION ABOUT A PROPERTY RELEASE AND THE TRANSITION OF THE SOCCER FIELDS.

AND I'LL GO INTO SOME OF THAT IN A LITTLE BIT BETTER DETAIL AS WE GET INTO THE PRESENTATION.

SO WHAT WE'RE GOING TO LOOK AT THIS EVENING IS, UH, AS I MENTIONED, WE'RE LOOKING FOR A RECOMMENDATION FOR THE AC, UH, THE APPLICATIONS THAT WERE SUBMITTED BACK IN MARCH OF 2023.

THERE WAS TWO OF THEM THAT WERE SUBMITTED TO THE CITY.

ONE IS FOR AERONAUTICAL DEVELOPMENT.

THOSE ARE THAT'S T-HANGAR AND SMALL BOX HANGAR DEVELOPMENT, UH, ON THE EXISTING SOCCER FIELD LOCATION.

THE SECOND APPLICATION IS FOR A NON AVIATION DEVELOPMENT.

SO A STORAGE COMPONENT THAT'S ASSOCIATED WITH THAT DEVELOPMENT TO HAPPEN IN SAME LOCATION.

UH, SO BEFORE WE GET INTO THE APPLICATIONS I'D LIKE TO GIVE YOU A LITTLE BIT OF BACKGROUND AS TO HOW WE GOT TO WHERE WE ARE.

TALK ABOUT THE PROPERTY, SOME HISTORY.

I KNOW THERE'S NEW FACES ON THE ARC, AND PERHAPS FOR FOLKS WHO AREN'T ON THE ARC, UH, SOME BACKGROUND INFORMATION ON THAT PROPERTY, THE OBLIGATIONS, THAT SORT OF THING MIGHT BE

[00:05:07]

SOME CONCEPTUAL IMAGES TALK ABOUT DIFFERENT COMPONENTS IN THOSE CONCEPTS AND OF COURSE, SHOW YOU SOME OF THE FINANCIAL CONSIDERATIONS, HOW THAT MIGHT BENEFIT THE AIRPORT, THE AIRPORT GOING FORWARD, AND THEN SEEK YOUR RECOMMENDATIONS AT THE END AND AS I'M GOING FORWARD, PLEASE.

SO OUR QUESTIONS AT ME.

STOP, INTERRUPT ME AND LET ME KNOW IF I CAN HELP WITH ANY QUESTIONS YOU HAVE.

SO THIS IS THE, UH, THE YBOR ALVAREZ, UH, ATHLETIC COMPLEX.

UM, SO IF YOU GO ALL THE WAY BACK TO THE END OF WORLD WAR TWO, WHEN THE NAVY HANDED THE FERNANDINA BEACH AIRPORT BACK TO THE CITY OF FERNANDINA BEACH, IT CAME ALONG TO THE AIRPORT WITH, UH, WHAT ARE KNOWN AS SURPLUS PROPERTY DEED RESTRICTIONS SO THAT THE AIRPORT WOULD CONTINUE TO BE OPERATED AS A PUBLIC USE AIRPORT.

THE AIRPORT WOULD FOLLOW WHAT HAVE NOW BECOME THE FAA'S GRANT ASSURANCES FOR THE OPERATION OF THE AIRPORT.

THE PROPERTY IS WHAT WE CALL OBLIGATED AIRPORT PROPERTY.

SO YBOR ALVAREZ, UH, WAS ONE CHUNK OF ABOUT 1200 ACRES THAT WERE THE, UH, THE FERNANDINA BEACH AIRPORT AT THE END OF WORLD WAR TWO.

UH, IN 1954, UH, THE CITY ACTUALLY APPROACHED WHAT WAS THEN THE CAA AND SOUGHT A PROPERTY RELEASE AND DISPOSED OF SOME PROPERTY THAT THE AIRPORT OWNED.

UM, THIS PROPERTY WAS ACTUALLY IN THE ORIGINAL RELEASE, UH, THAT WAS APPROVED BY THE CAA AT THE TIME.

UM, HOWEVER, IN 1966, UH, THE AIRPORT DID, UH, COMPLETED A MASTER PLAN UPDATE.

DURING THAT MASTER PLAN UPDATE PROCESS, THEY IDENTIFIED THAT THEY WANTED TO HAVE THAT PROPERTY BACK FOR THE AIRPORT, AND THEY ACTUALLY WENT BACK TO THE FAA AND RE OBLIGATED REDEDICATED THIS PROPERTY TO THE AIRPORT.

SO PRESENT DAY, YOUR AIRPORT SITS ON ABOUT 850 ACRES.

YBOR ALVAREZ ATHLETIC COMPLEX IS ON AIRPORT PROPERTY.

IT'S STILL WITHIN WHAT WE CALL THE EXHIBIT A YOUR PROPERTY MAP.

THE OBLIGATED PROPERTY BOUNDARY OF THE AIRPORT STILL CARRIES ITS SURPLUS PROPERTY DEED RESTRICTIONS.

UH, IN ABOUT THE MID 1980S, I BELIEVE THE CITY CAME ALONG AND BEGAN CONSTRUCTING ATHLETIC FIELDS ON THAT PROPERTY.

UM, AND THEY'VE BEEN ON THAT PROPERTY EVER SINCE.

UM, AND WHEN YOU GET INTO I'LL TALK ABOUT IT A LITTLE BIT MORE IN SOME OF THE UPCOMING SLIDES.

WHEN YOU LOOK AT SOME OF THE OBLIGATIONS OF YOUR AIRPORT PROPERTY, SINCE IT IS AIRPORT PROPERTY INSIDE ON YOUR EXHIBIT A WITH THOSE DEED RESTRICTIONS, UM, IT'S OBVIOUSLY OBLIGATED FOR AERONAUTICAL PURPOSES AS A PRIMARY USE.

UH, PROPERTY CAN BE USED FOR NON-AVIATION PURPOSES IF IT PRODUCES REVENUE FOR THE AIRPORT, USUALLY MAKE MORE ON NON-AVIATION USE.

YOU CHARGE MORE FAIR MARKET VALUE AND AS LONG AS IT DOESN'T PROHIBIT AERONAUTICAL USE WITHIN THE TIME FRAME THAT'S IDENTIFIED FOR THAT NON-AVIATION USE.

AND WE'RE GOING TO TALK A LOT ABOUT THAT AS I KIND OF GO THROUGH THE PRESENTATION.

OTHER EXAMPLES OF WHERE THAT EXISTS ON THE AIRPORT, UM, PRESENT DAY, WHERE WE ARE IN THE CONVERSATION IS, UH, YOU KNOW, BEFORE I LEFT SAM'S SEAT, UM, THE CITY WAS HAVING A DISCUSSION ABOUT THE FUTURE OF THE ATHLETIC FIELDS.

UH, THEY WERE LOOKING AT DIFFERENT OPTIONS OF WHAT TO DO THERE.

UH, IT'S REALLY UNDER WHAT'S CALLED A COMMUNITY USE BENEFIT, UH, AS A, AS A CURRENT USE.

AND WHAT COMMUNITY USE BENEFIT MEANS IS IF AN AIRPORT OWNS PROPERTY THAT HAS DE MINIMIS VALUE AND IT'S NOT BEING USED FOR AVIATION AT THE CURRENT TIME, YOU CAN CHARGE LESS THAN FAIR MARKET VALUE AND ALLOW IT TO BE USED FOR GOODWILL.

A LOT OF RESTRICTIONS WITH THAT, UM, UH, THAT COME ALONG WITH THAT COMMUNITY USE.

SO WHEN THE PROPERTY CAN PRODUCE MORE THAN DE MINIMIS VALUE, IT SHOULD AND YOU CAN'T PRECLUDE.

ANALYTICAL REUSE OF THE PROPERTY.

SO THAT THAT WAS THE DISCUSSION THAT I WAS HAVING WITH THE CITY COMMISSION AT THE TIME WAS, WELL, UM, IF YOU WANT TO LOCK IT IN AND HOLD IT FOR A TERME, YOU NEED TO PERHAPS START THINKING ABOUT A LEASE, UH, THE COST OF LEASE, AND ACTUALLY LOOK AT A TERME AND GET THAT APPROVED BY THE FAA.

AND THEN WE WERE LOOKING AT THE SAME TIME AT THE AIRPORT FOR, UH, POTENTIAL PLACES TO DEVELOP FUTURE T-HANGARS.

RIGHT. AND THE AIRPORT RIGHT NOW HAS A GRANT FROM FDOT FOR ABOUT $900,000.

IT'S A 5050 GRANT.

THE AIRPORT CAN MATCH UP A 900,000 ON TOP OF THAT.

SO YOU'VE GOT ALMOST $2 MILLION FOR T-HANGAR DEVELOPMENT.

UM, AND, UH, BRIAN HAD APPROACHED ME, MR. REICHARD, WITH SOME INTEREST IN ADDITIONAL T-HANGAR DEVELOPMENT, AND WE STARTED LOOKING AT LOCATIONS ON THE AIRPORT WHERE THAT MADE SENSE.

THIS LOCATION MADE SENSE BECAUSE OF ITS CONVENIENCE TO EXISTING T-HANGARS, THE SELF-SERVICE FUELING FARM, UM, KEEPING AIRCRAFT FROM TAXIING BACK AND FORTH FOR FUEL AND FUEL, TRUCKS GOING BACK AND FORTH.

IF YOU KEEP YOUR T-HANGARS IN THIS LOCATION, UH, THEN YOU CAN PUT YOUR LARGER BOX HANGARS ON THE SOUTH SIDE OF THE AIRPORT ALONG, UH, JAMESTOWN ROAD AND SEGREGATE THAT TRAFFIC.

AND THAT'S WHAT BROUGHT THE DISCUSSION AND AN INITIAL DISCUSSION WITH THIS GROUP ABOUT PUTTING T-HANGARS ON THE SOCCER FIELD.

AND THE INITIAL DIRECTION, IF YOU RECALL FROM THE AC, WAS, YES, WE'D LIKE TO PURSUE THIS FURTHER AND LOOK AT DEVELOPMENT ON THIS SITE BECAUSE OF THOSE REASONS.

UH, SINCE THEN, I KNOW THE CITY COMMISSION, UH, AS I UNDERSTAND IT, UH, HAS WORKED WITH THE COUNTY AND I BELIEVE THERE'S A PARTNERSHIP, A POTENTIAL PARTNERSHIP TO FUND ACQUISITION OF THE SOFTBALL FIELDS.

AND THEY'RE SEEKING THE FAA'S RELEASE OF THAT PROPERTY FOR SALE OF THAT PROPERTY.

[00:10:04]

THEN THE CITY AND THE COUNTY WOULD MOVED THE SOCCER FIELDS OVER, REDEVELOP A NICER SOCCER COMPLEX, FIXING SOME OTHER ISSUES THAT ARE ON THE SOCCER SIDE, UH, TO PROVIDE A NICER COMPLEX FOR THE COMMUNITY OVER THE SOFTBALL FIELD.

SO THAT'S KIND OF YOUR YOUR PRESENT DAY SCENARIO, A LITTLE BIT OF BACKGROUND TO BRING YOU UP TO SPEED.

PREVIOUS AAC RECOMMENDATIONS INCLUDED, UH, MOVING FORWARD WITH UH, ALLOWING A PRIVATE ENTITY TO BUILD T-HANGARS ON THE AIRPORT AND ALSO MOVING FORWARD WITH EVALUATING DEVELOPMENT IN THIS LOCATION TO KEEP THE T-HANGARS TOGETHER, WHICH IS WHICH IS WHY WE'RE BACK IN FRONT OF YOU TO TALK ABOUT THAT FURTHER.

SO THE APPLICATIONS I MENTIONED, UH, UH, DRIVE FROM ONE OF THEM SPECIFICALLY DRIVES FROM THE AIRPORT'S MINIMUM STANDARDS FOR AERONAUTICAL OPERATORS.

RIGHT. SO YOUR MINIMUM STANDARDS REALLY APPLY TO THE AERONAUTICAL COMPONENT.

THEY DON'T APPLY TO NON AVIATION USE OF AN AIRPORT.

BUT THE MINIMUM STANDARDS CALL OUT A PROCESS FOR APPLYING FOR UH PROVIDING AN AERONAUTICAL COMMERCIAL ACTIVITY IN AN AIRPORT.

AND THAT'S FOR THE AERONAUTICAL APPLICATION WE'VE SUBMITTED FOR HANGAR DEVELOPMENT.

THERE IS A HANGAR CATEGORY IN THERE.

SO WE'VE SUBMITTED AN APPLICATION.

THE MINIMUM STANDARDS SAY THAT YOU'LL THE AAC WILL HAVE A PROCESS TO REVIEW THAT APPLICATION AND MAKE RECOMMENDATION ON IT.

BEFORE ANY OF THAT EVER GETS TO THE CITY COMMISSION.

UH, IT MAKES SENSE IN THIS CASE BECAUSE WE'VE PUT IN AN APPLICATION FOR NON AVIATION DEVELOPMENT THAT'S ADJACENT TO IT, THAT WE JUST DISCUSSED BOTH OF THOSE APPLICATIONS AT THE SAME TIME.

UM, AND OF COURSE THE THE LEASE COMPONENT THAT'S REFERENCED ON THIS SLIDE, WE ALSO THINK IT MAKES SENSE TO DISCUSS THE CONCEPT BEFORE WE NEGOTIATE A LEASE TO GET THE RECOMMENDATION FROM THE AAC.

OTHERWISE, IF WE SPENT SOME TIME NEGOTIATING A LEASE AND BROUGHT IT TO YOU AND YOU DIDN'T RECOMMEND TO MOVE FORWARD WITH IT, WE WOULD HAVE BURNED A LOT OF THE CITY'S TIME NEGOTIATING LEASE AND GOING BACK AND FORTH.

SO RIGHT NOW, WE WE'D LIKE TO ASK THE RECOMMENDATION TO NEGOTIATE A LEASE.

SO WE'D LIKE TO START WITH THAT STEP FIRST.

OKAY. SO I TALKED A LITTLE BIT ABOUT THE THE TWO APPLICATIONS THAT WERE SUBMITTED IN MARCH OF 2023.

UH, THE FIRST OF WHICH WAS FOR AERONAUTICAL HANGAR DEVELOPMENT.

THE SECOND IS THE STORAGE COMPONENT.

AND WE'RE GOING TO DIVE A LITTLE BIT DEEPER INTO THAT A LITTLE BIT LATER IN THE PRESENTATION.

BEFORE WE DO THAT, I THINK THERE'S SOME INTERESTING HISTORY, I THINK FOR THE AIRPORT THAT WOULD BE HELPFUL TO, UM, JUST A FIVE YEAR LOOK AT WHERE THE AIRPORT HAS COME. UH, YOU KNOW, I ARRIVED AT THE AIRPORT IN 2017.

BOBBY AND I WERE WORKING OUT OF A MOBILE TEMPORARY TRAILER OUT IN THE AIRPORT.

MCGILL AVIATION, YOUR PREVIOUS FBO, WAS REACHING THE EXPIRATION OF ITS LEASE TERMS. UM, THEY WERE IN AN AGING FACILITY.

A MATTER OF FACT, AT THE END OF THE END OF THAT TIME, DUE TO STORM DAMAGE, THERE WAS SOME ROOF COLLAPSE THERE, AND IT WAS REALLY KIND OF A DATED FACILITY.

SO IN 2018, WE COMPLETED CONSTRUCTION ON THE TERMINAL FACILITY.

UH, MR. ECKFORD AND BENTLEY FLIGHT SERVICES STARTED OPERATING AT THE AIRPORT IN APRIL OF 2018.

UH, IMMEDIATELY THROUGH THAT NEW AGREEMENT WITH THE AIRPORT BROUGHT NEW REVENUE AND AND INCREASED FUEL FLOW.

AND WE'LL SHOW THAT OVER TIME AT THE AIRPORT, UH, FOLLOWING THE OPENING OF THE DOORS WITH THE NEW FBO, UH, WE'VE HAD CONSTRUCTION OF A NEW THREE UNIT T HANGAR BUILDING THAT'S AT THE FBO HAS CONSTRUCTED ON THE WEST SIDE OF THE AIRPORT, DOWN NEAR THE FUEL FARM.

UH, WE REFER TO THAT AS THE PHASE ONE DEVELOPMENT, THE FIRST PHASE OF DEVELOPMENT THAT THAT THE FBO HAS UNDERTAKEN FOR HANGARS AT THE AIRPORT.

THE AIRPORT, OF COURSE, CONSTRUCTED A SIX UNIT T HANGAR BUILDING, UH TWO, SIX TWO BUILDINGS WITH SIX T HANGAR UNITS, UH, WHERE THE OLD CAP TRAILER WAS.

AND OF COURSE WE WE OPENED THE DOORS AND THAT WAS ABOUT A YEAR AGO.

UM, MR. BITTAKER HAS CONSTRUCTED A PRIVATE BOX HANGAR ACROSS THE EAA HANGAR.

THAT'S THAT'S A NEW DEVELOPMENT AT THE AIRPORT.

AND THEN, OF COURSE, THE PHASE TWO DEVELOPMENT, THE, UH, THE FBO HAS ONGOING RIGHT NOW IS THE 24,000 SQUARE FOOT HANGAR DEVELOPMENT, UH, JUST ADJACENT TO HANGAR B ON THE WEST END OF THE AIRPORT. THAT'S THAT'S PHASE TWO FOR THE FBO.

AND AND WE EXPECT THAT TO BE COMPLETED AT THE END OF THIS MONTH.

AND WE'VE GOT TENANTS LINED UP TO FILL THAT HANGAR SPACE.

AND THE LAST PIECE IS A NEW FIRE STATION COMING ONLINE.

AND WE THINK THAT'LL BE DONE IN 2024.

SCHEDULED TO BE OPENED IN JANUARY.

OKAY, OKAY. I PUT 24 ON THERE.

I SCRATCHED OUT 27.

OKAY. UH, SO SOME OTHER TREND DATA THAT'S EXCITING FOR THE AIRPORT, I THINK, OVER THE LAST FIVE YEARS IS FROM A FINANCIAL PERSPECTIVE, IN 2017, END OF YEAR, UH, FINANCIALS FOR OPERATING REVENUE, WHICH DOESN'T INCLUDE YOUR GRANT REVENUE FROM THE STATE AND THE FEDS.

THE AIRPORT WAS AROUND $650,000 A YEAR, 2022, THE END OF THE YEAR, WITH ABOUT 894,000.

UH, I KNOW YOU JUST ENDED A FISCAL YEAR, AND I ANTICIPATE YOU'RE WELL ABOVE THAT, UH, SHOWING CONTINUED INCREASED OPERATING REVENUE FROM THE AIRPORT, THE FUND BALANCE.

IN 2017, WHEN WE WERE COMPLETING THE, UH, THE TERMINAL PROJECT, UH, WAS LOWERED TO ABOUT $100,000 DUE TO A LARGE INVESTMENT IN THE TERMINAL FACILITY.

UH, IN 2023, I THINK THAT SAM INDICATED IN A PREVIOUS MEETING YOU'RE OVER $800,000 BACK IN FUND BALANCE.

SO THE AIRPORT IS PERFORMING VERY WELL FINANCIALLY.

[00:15:01]

AS MENTIONED, UH, BENT WING FLIGHT SERVICES CAME IN AND BEGAN OPERATING IN 2018.

UH, IF YOU LOOK BACK IN 2017, THE END OF CALENDAR YEAR 2017, YOU'RE ABOUT 252,000 GALLONS OF FUEL THAT WAS FLOWED THROUGH THE TANKS.

UM, ABOUT 80% OF THAT IS NORMALLY JET FUEL.

UH, OVER TIME TO PRESENT DAY 23, WHICH WE HAVEN'T ENDED CALENDAR YEAR 2023.

BUT, UH, WE ESTIMATE WE'RE GOING TO WE WILL REACH 500,000 GALLONS.

I KNOW END OF YEAR 2022 WAS 450,000 GALLONS, BUT WE THINK WE'LL BE AT 500,000.

SO CONTINUED INCREASE IN FUEL FLOWS AT THE AIRPORT AND THE WAITING LIST HAS GROWN DRAMATICALLY AS WELL FOR HANGAR SPACE.

SO AGAIN, WHEN I ARRIVED IN 2017, WE HAD ABOUT 17 INDIVIDUALS ON THE LIST.

UH, IT'S GROWN DRAMATICALLY OVER TIME.

I KNOW WE'VE TALKED ABOUT THAT OVER THE LAST FEW YEARS.

IT GREW TO A PEAK OF ABOUT 100 INDIVIDUALS A WHILE AGO.

WE BUILT SOME NEW HANGARS, LOWERED IT BACK DOWN A LITTLE BIT.

AND I THINK YOU'RE SITTING RIGHT NOW ABOUT 86 INDIVIDUALS ON THE LIST.

UH, WE HAVE INVESTIGATED THAT LIST ON OUR END A LITTLE BIT.

SO WHAT WE DID IS ON THE FBO SIDE, WE GET FOLKS WHO ARE INTERESTED AND WE KEEP A SHORT LIST OF INDIVIDUALS WHO ARE SEEKING HANGAR SPACE.

BUT WE HAVE A COPY OF THE CITY'S WAITING LIST AS WELL.

AND WE'VE KIND OF GONE DOWN THAT LIST TO VET WHO IS INTERESTED IN HANGAR SPACE, TO SEE WHAT THE REAL INTEREST IS.

BASED ON SOME OF OUR CONVERSATIONS, WHAT WE'VE LEARNED IS PROBABLY ABOUT 50% OF THAT THAT LIST IS READY TO GO, I.E.

THEY'VE GOT AN AIRPLANE, THEY WANT A HANGAR SPACE.

NOW, SOME OF THE FOLKS WE ALSO TALKED TO THAT WE CLASSIFIED AS NOT READY TO GO, UH, OUR FOLKS WHO MAY NOT OWN AN AIRPLANE YET THEY WANT A HANGAR SPACE FIRST.

THEY'VE BEEN ON THE LIST FOR A LONG TIME, AND MAYBE THEY'VE FORGOTTEN THEY'RE ON A LIST.

SOME FOLKS WE DIDN'T GET A CALL BACK FROM, SO WE ANTICIPATED MAYBE IT WASN'T AS IMPORTANT TO THEM.

A FEW FOLKS SAID, HEY, I FORGOT I WAS ON THE LIST.

AND SO WE TOLD THEM THEY NEED TO CALL BOBBY.

HE'D LOVE TO GET YOUR REFUNDS.

YEAH, BUT WE THINK IT'S ABOUT 50% OF THAT LIST IS REAL, AS WE WOULD CALL IT.

SOME OF OUR WORK. SO RIGHT NOW, THE AIRPORT, UH, HAS 58 T-HANGAR UNITS THAT IT OWNS.

AFTER CONSTRUCTING THE THE LAST SIX UNITS THAT IT OPENED ABOUT A YEAR AND A HALF AGO.

86 INDIVIDUALS ON THE LIST.

WE THINK THAT'S ABOUT 50% REAL.

UM, HAS THE FDOT GRANT FOR ABOUT $900,000, UH, FOR HANGAR DEVELOPMENT.

THAT GRANT WAS EXECUTED ABOUT A YEAR AGO.

UH, THEY'VE GOT A THREE YEAR TERMS ON THEM.

YOU CAN ASK FOR AN EXTENSION, BUT BUT THERE IS A CLOCK, SO THAT PROJECT DOES DEFINITELY NEED TO KEEP MOVING FORWARD.

UM, AND WE THINK, YOU KNOW, THAT'S PART OF THE REASON WE'RE BACK HERE IS WE WANT TO HELP KEEP THAT PROCESS AND DISCUSSION MOVING FORWARD.

IF THIS LOCATION IS A LOCATION THAT SUITS BOTH PARTIES TO DEVELOP T-HANGARS, UH, FOR MOVING FORWARD.

UM, AND I'VE ALREADY KIND OF GIVEN YOU THE INFORMATION ON THE FAA'S LAND USE GUIDANCE.

UM, FOR PROPERTY USE, AERONAUTICAL PROPERTY USE, AND FAIR MARKET VALUE FOR NON-AVIATION USE.

SO I DON'T THINK I NEED TO COVER THAT AGAIN.

SO SOMETHING THAT'S, I THINK, NOTEWORTHY.

I HAD IT ON THE LAST SLIDE, BUT THIS SLIDE IS A GREAT REMINDER.

SO, UM, OUT OF THE AIR FORCE OPERATING REVENUE, ABOUT 32% OF YOUR CURRENT OPERATING REVENUE IS NON AVIATION USE.

SO THAT'S ABOUT $281,000 A YEAR.

SO IT COMPRISES THE AMELIA RIVER GOLF COURSE, WHICH EVERYBODY KNOWS IS A LARGE CHUNK OF THE AIRPORT'S OPERATING REVENUE, ABOUT $215,000 A YEAR.

UH THE YARD DEBRIS STORAGE SITE, WHICH IS, UH, JUST NORTH OF THE DROP ZONE WHERE THE CITY STORES ITS YARD DEBRIS CHIPS, IT HAULS IT AWAY.

THAT'S AT A FAIR MARKET VALUE FOR ABOUT 32,000 A YEAR.

WE HAVE TWO PRIVATE AUTO STORAGE, UH, WAREHOUSE FACILITIES ON AIRPORT PROPERTY.

UH, THE TWO OF THOSE TOGETHER ARE ABOUT 11,000 A YEAR.

THE CITY IS A WATER PLANT.

UH, THE WATER PLANT, SOLAR FIELD, UH, THOSE COMBINED ARE ABOUT $18,000 A YEAR.

THAT SAME SOLAR FIELD IS THE ONE THAT'S PIPED INTO THE TERMINAL BUILDING AND PROVIDES SOME POWER TO THAT.

THAT BUILDING AS WELL.

YOU'VE GOT SOME, UH, SMALLER USES OF AIRPORT PROPERTY, LIKE THE TREE SURGEONS AND A LANDSCAPER WHO RENT SOME PROPERTY TO STORE EQUIPMENT ON JAMESTOWN ROAD THAT ALSO PROVIDES SOME VALUE. SO YOU PUT ALL THAT TOGETHER, AND YOU'RE ABOUT $281,000 A YEAR, WHICH IS 32%.

SO THERE'S A LARGE CHUNK OF IT THAT COMPRISES, UH, WHAT WE WOULD SAY IS IMPORTANT REVENUE FOR THE AIRPORT.

A LOT OF TIMES NON-AVIATION USES CAN HELP AN AIRPORT SUBSIDIZE THE COST OF PROVIDING SERVICES ON THE AVIATION SIDE, BECAUSE YOU CHARGE A FAIR MARKET VALUE FOR IT.

SO WE THINK THAT'S AN IMPORTANT NOTE.

UM, NICK? YES, MA'AM.

CAN I ASK A QUESTION? YEAH.

UM, WHEN WE'RE TALKING NON-AVIATION GROUND LEASES, UM, I'M GOING TO ASK IF THE LEASES ARE ALL VARYING LENGTH.

YES. SO THEY WILL BE RENEGOTIATED IN THE FUTURE.

YES. BEFORE US OR SOMETHING LIKE THAT, BECAUSE WE WENT THROUGH THE GOLF COURSE.

SO I'M JUST TRYING TO FIGURE OUT HOW MANY LEASES MIGHT COME UP OR WHEN.

THAT'S A GREAT QUESTION. DUE.

UM, ODDLY ENOUGH, THE FAA, JUST THROUGH THE FEDERAL REGISTER, HAS PUBLISHED SOME UPDATED GUIDANCE ON THIS IN DECEMBER, UH, FOR LAND USES, AERONAUTICAL AVIATION. BUT IN GENERAL, WHAT THE FAA DOES IS WHEN THEY APPROVE A NON-AVIATION USE, THEY LOOK AT THE TERMS OF THAT USE, UM, UM, AND THEY'LL APPROVE IT FOR THE TERMS OF

[00:20:03]

SO IF THAT LEASE EXPIRES AND SAM, CORRECT ME IF I'M WRONG, YOU WOULD ESSENTIALLY HAVE TO GO BACK TO THE FAA AND SAY, IF WE WANT TO CONTINUE THAT USE, I NEED TO REQUEST YOUR APPROVAL TO CONTINUE FOR THIS FIRM AGAIN.

IT'S AWESOME. OKAY, OKAY.

THANK YOU. SO, YES, WHEN THOSE LEASES EXPIRE, UM, YOU'D LIKELY HAVE TO GO BACK TO THE FAA AGAIN AND ASK IF YOU WANT TO CONTINUE THAT USE IN THE FUTURE.

SOME OF THE.. SAM HAS ALL THE LEASE, I MEAN, WE KNOW WHAT EACH ONE'S..

SOME LEASES, THOUGH, UH, IT'D BE IMPORTANT TO NOTE YOU HAVE REVERSIONARY CLAUSES IN YOUR NON-AVIATION LEASES.

SO SOMETHING LIKE THE AUTO STORAGE FACILITIES ACTUALLY HAVE A REVERSIONARY CLAUSE WHERE THE BUILDINGS COME BACK TO OWNERSHIP OF THE AIRPORT AT THE END OF THE LEASE.

SO IN 30 YEARS, THE AIRPORT OWNS THE BUILDING, AND THEN THEY CAN GO TO THE MARKET AND RENT THOSE OUT FOR STORAGE AND MAKE MORE MONEY ON THEM.

AND REVERSIONARY CLAUSES ARE PRETTY COMMON IN AIRPORTS.

THAT'S HOW THEY GET ADDITIONAL VALUE AT THE END OF THE LEASE.

SO IT WOULD BEHOOVE YOU TO LIKELY NOT DO A NEW LEASE AND PERHAPS TAKE OWNERSHIP OF THOSE FACILITIES AND RENT THEM FOR STORAGE YOURSELF AND MAKE MORE MONEY.

SAME THING FOR AERONAUTICS, SAME THING FOR ERNOL.

THAT'S CORRECT. YEP. ALL THE YOUR HANGARS ON THE AIRPORT HERE HAVE A REVERSIONARY CLAUSE FOR THE HANGAR AT THE END OF THE LEASE, TUM GOES BACK TO THE OWNERSHIP OF THE AIRPORT.

SO IF WE LOOK AT THE THE YBOR ALVAREZ COMPLEX FROM A PLANNING PERSPECTIVE, THIS IS AN EXCERPT FROM THE 2016 AIRPORT MASTER PLAN.

THAT AREA IN THE MASTER PLAN IS CALLED CORE EIGHT.

UM, AND IN THE MASTER PLAN, WHEN THEY COMPLETED THAT UPDATE IN 2016, THEY WERE LOOKING FORWARD AND ANTICIPATING WHAT THE POTENTIAL USES OF THE PROPERTY WOULD BE.

AND I'VE LISTED OR SHOWN THE IMAGE STRAIGHT OUT OF THE MASTER PLAN HERE.

AND SOME OF THE USES INCLUDED AVIATION, BUSINESS, LIGHT INDUSTRIAL.

THERE ARE A NUMBER OF USES THAT THAT MAY COME UP IN A PLANNING PERIOD FOR THAT PROPERTY.

AND, AND OF COURSE IN THAT AREA.

UM, YOU KNOW, THERE WASN'T A LOT OF DEVELOPMENT THAT EXISTED FROM AN AERONAUTICAL PERSPECTIVE.

SO CERTAINLY THEY WERE THINKING OF OTHER OPTIONS BECAUSE IT WOULD TAKE SOME TIME FOR AERONAUTICAL USE TO GET THERE.

AND A LOT OF TIMES YOU'RE THINKING NON AVIATION USE MIGHT BE AN OPTION THERE TO HELP MAKE MONEY.

IF YOU DON'T THINK YOU'RE GOING TO YOU'LL BE PUTTING AVIATION USE IN THERE IN THE PLANNING PERIOD.

SO WHAT OUR DISCUSSION I THINK THE TAKEAWAY THERE IS WE BELIEVE OUR DISCUSSION IS CONSISTENT WITH WHAT THE MASTER PLAN SHOWS FOR THE POTENTIAL USES OF THE PROPERTY.

AND THEN WE GET TO THE ACTUAL APPLICATIONS, WHICH IS THE MEAT OF OUR DISCUSSION.

SO, UM, WE HAVE TWO APPLICATIONS.

THE FIRST IS, UH, TO LEASE ABOUT FOUR AND A HALF ACRES, UH, ON THE EXISTING SOCCER FIELD, UH, TO BUILD ROUGHLY 28, UH, T-HANGARS, UH, AND ABOUT FIVE BOX HANGARS.

UM, AND IT'LL BE A COMBINED DEVELOPMENT IF THE CITY DECIDES TO MOVE FORWARD AT THEIR SPACE THERE FOR THE CITY TO BUILD TWO HANGARS THERE AS WELL.

UM, AND WE'VE GOT SOME OTHER AMENITIES WE THINK WOULD BE NICE ON THAT FACILITY, AND IT COULD COMPLEMENT THE USE OF THE PROPERTY AND THE RECREATIONAL USE THAT WILL BE TAKING PLACE NEXT DOOR.

UH, WE'VE REALLY PUTTING THIS TOGETHER.

UH, I THINK, YOU KNOW, MY BACKGROUND IN AIRPORT PLANNING, BRIAN WAS GREAT BACKGROUND IN, UH, FBO, THE FBO BUSINESS WORLD, AND MR. GILTS WITH, UH, A GREAT DEVELOPER BACKGROUND.

WE REALLY TRIED TO PLUCK FROM ALL OF OUR EXPERIENCE AND PLAN THE AREA NOT ONLY FOR JUST OUR SPECIFIC USE, BUT THINK FORWARD TO WHAT WOULD BE GOOD FOR THE AIRPORT, MAYBE SOME CHALLENGES THE AIRPORT HAS IN THE FUTURE AND FUTURE DEVELOPMENT THAT MAY BE NEEDED BY THE AIRPORT, WITH WITH THE PROPOSAL WE PUT FORWARD AND THEN A TWO AND A HALF ACRE NON AVIATION LAND LEASE FOR UH STORAGE.

SO RV BOAT AUTO STORAGE JUST NORTH OF THAT, UH, IN THE SAME LOCATION THAT'S BEEN REDUCED A LITTLE BIT FROM THE LAST TIME THAT PRESENTATION WAS GIVEN TO YOU.

AND WE'LL TALK A LITTLE BIT MORE ABOUT, UM, THE VALUE THAT DEVELOPMENT GIVES US AND WHAT IT HELPS US DO ON THE AERONAUTICAL SIDE AND SOME OF THE NEXT SLIDES.

SO ON THE AERONAUTICAL SIDE, WE MENTIONED ABOUT 20.

UH T-HANGARS.

UH, WE THINK THE WIDTHS OF THESE BUILDINGS WOULD OR THE DOORS WOULD BE SOMEWHERE IN THE 41 TO 46 FOOT RANGE.

UH, WE KNOW SOME OF THE MORE DEMANDING AIRCRAFT THAT ARE BEING DEVELOPED AND ARE PRETTY POPULAR RIGHT NOW, LIKE AN SR 22, HAVE A 38 FOOT WINGSPAN.

SO WIDER DOORS ARE CERTAINLY IMPORTANT.

UH, AND EVEN SOME OF THE OLDER CITY T-HANGARS ARE CHALLENGED WITH 40 FOOT DOORS, AND THAT'S PRETTY TIGHT TO GET ONE OF THOSE IN THERE AND DO IT CAREFULLY.

UM, IN OUR DISCUSSIONS WITH THE WAITING LIST, I THINK THE MAJORITY OF WHAT WE HEARD IS EVERYBODY, UH, MOST EVERYBODY IS INTERESTED IN EFFICIENCY HANGARS.

THEY WANTED AS CHEAP AS POSSIBLE.

THEY DON'T WANT MANY AMENITIES.

A METAL SLIDING DOOR ON A NEW HANGAR, UH, WOULD BE ACCEPTABLE FOR FOLKS.

THEY WERE MORE INTERESTED IN MAKING SURE THAT WE WERE HITTING A PRICE POINT THAT'S ATTRACTIVE FOR THEM TO RENT THE HANGAR.

UH, THERE ARE A FEW INDIVIDUALS WHO WOULD LIKE SOME ADDITIONAL FEATURES, AND I THINK THAT'S SOMETHING WE CAN PROVIDE.

UH, YOU KNOW, WE CAN PUT A NICER DOOR, A HYDRAULIC DOOR ON THAT HANGAR, IF THEY'D LIKE IT.

MAYBE A LARGE FAN ON THE CEILING, UH, PUT NICER COATINGS ON THE FLOOR.

AND, OF COURSE, WE CHARGE A LITTLE BIT MORE ON THE RENTAL, BUT WE COULD PROVIDE THOSE AMENITIES IF THEY'RE INTERESTED.

BUT I THINK THE BULK OF OF EVERYBODY ON THAT LIST WAS INTERESTED IN ON THE EFFICIENCY SIDE WITH A LOWER PRICE POINT, IF POSSIBLE.

[00:25:02]

CURRENTLY, THE AIRPORT GETS A LOT OF THAT TRAFFIC.

NOW, THAT FACILITY THERE HAS BEEN VERY POPULAR.

AND I THINK WE COULD PROVIDE A NICE SPACE THAT THAT DOES SOME OF THAT.

UM, AND I'LL TOUCH ON THAT A LITTLE BIT FURTHER AS WELL.

BUT THAT WOULD BE A NICE FEATURE TO HAVE IN THAT LOCATION IF WE HAVE THOSE TWO USES TOGETHER.

AND OF COURSE, THE REASON, AS I MENTIONED EARLIER, THAT THIS LOCATION MAKES SENSE AGAIN, IS, YOU KNOW, IT KEEPS YOUR T-HANGAR DEVELOPMENT CONSOLIDATED.

IT'S CLOSE TO THE FUEL FARM.

THERE'S A LOT OF REASONS THAT KIND OF PUSHED US TO THAT, THAT DIRECTION.

YOU'RE AVOIDING FOLKS CROSSING THE RUNWAY ALL DAY LONG, FUEL TRUCKS GOING BACK AND FORTH SO THAT THAT DEVELOPMENT WAS KIND OF A, UH, WHAT I'D CALL A NO BRAINER, UH, FOR LOCATION.

OKAY. SO THAT LEADS US TO AN ACTUAL CONCEPTUAL IMAGE OF THE AERONAUTICAL DEVELOPMENT RIGHT.

SO I'M GOING TO WALK YOU THROUGH DIFFERENT COMPONENTS, UH, ON THIS SLIDE, UM, WHAT YOU'RE LOOKING AT HERE WOULD BE TAXIWAY DELTA, AND THAT'S YOUR FUEL FARM.

AND SO THERE WOULD BE A TAXIWAY EXTENSION THAT EXTENDS NORTH FROM DELTA ONTO THE SOCCER FIELDS, THE YELLOW BUILDINGS ON THE WEST SIDE, UH, THEY'D BE UNDER A GROUND LEASE WITH THE FBO.

AND THOSE ARE SEVEN UNIT T-HANGAR BUILDINGS, SO THAT THOSE WOULD BE FBO CONSTRUCTED.

T-HANGARS. THERE'S A BLUE BOX BUILDING TO THE NORTH OF THOSE, UM, WHICH WOULD BE AN AERONAUTICAL HANGAR STORAGE FACILITY.

IT WOULD JUST BE SQUARE BOX UNITS, AND THOSE WOULD PROBABLY BE THE UNITS THAT FOLKS WHO WANT SOME NICE AMENITIES, MAYBE NICER DOORS.

THEY DON'T HAVE A METAL SLIDING DOOR.

THAT WOULD BE A PLACE THAT WE COULD FIT THOSE FOLKS AND ACCOMMODATE THAT DEVELOPMENT.

UH, SOMETHING WE WE ALSO LOOKED AT AGAIN, TALKING ABOUT THE FUTURE USE OF THE AIRPORT IS RIGHT NOW WEST OF THIS DEVELOPMENT.

YOU OBVIOUSLY HAVE A SKYDIVE DROP ZONE THAT EXISTS THERE.

UM, THERE'S THE EXISTING MODULAR TRAILER, UH, THAT SKYDIVE AMELIA OPERATES OUT OF.

AND WE KNOW, YOU KNOW, THE FACILITY IS IT'S A TEMPORARY FACILITY.

UM, IT DOESN'T HAVE POWER.

UH, THEY CURRENTLY. FOR IT OFF OF A GENERATOR.

THEY HAVE A PORTA POTTY THERE FOR RESTAURANT.

THERE'S BEEN SOME COMPLIANCE CHALLENGES WITH THAT OVER TIME.

UH, AND IT WOULD BE VERY CHALLENGING FOR THEM TO LIKELY AFFORD A NEW DEVELOPMENT.

UM, TO MEET SOME OF THOSE STANDARDS AND CONTINUE TO OPERATE.

THAT MAY BE A CHALLENGE THEY CAN'T OVERCOME IN THE FUTURE, UNLESS THAT ANSWER COMES ABOUT.

AND WE THOUGHT WE COULD PROVIDE A SOLUTION TO PERHAPS DO THAT.

SO THE YELLOW BOXES THAT YOU SEE ON THE WEST END OF THE BLUE HANGER, IT'S LABELED SKYDIVE OFFICE, SKYDIVE HANGER.

UH, WE HAD A BRIEF DISCUSSION WITH THE OWNER OF SKYDIVE AMELIA, WITH MR. CARVER AND MYSELF.

AND WHAT WE PROPOSE IS THAT WE WOULD CONSTRUCT AN OFFICE SPACE AND A HANGAR SPACE FOR SKYDIVE AMELIA.

AND THEY COULD SIMPLY RENT THAT SPACE OR LEASE THAT SPACE FROM US.

AND THEN WE COULD ALSO CLEAN UP THE PARKING AND ACCESS THERE.

SO FOLKS NO LONGER DRIVE INTO THAT TRAILER WITHOUT A FENCE LINE AROUND THEM.

RIGHT? SO WE COULD SHORTEN THAT DRIVE LINE, PUT THEM ON THE NORTH SIDE OF THE DEVELOPMENT, HAVE A FENCE THERE, AND THE GENERAL PUBLIC CAN NO LONGER DRIVE DOWN WITHOUT A FENCE PROTECTING THEM FROM DRIVING STRAIGHT OUT INTO A RUNWAY.

YOU KNOW, IT'S GOT TO HAVE AMELIA DOES A GREAT JOB MAKING SURE IT DOESN'T HAPPEN, BUT IT WOULD HELP CLEAN THAT UP, I THINK, FROM A DESIGN STANDARD FOR THE AIRPORT, UH, ON THE EAST SIDE OF TAXIWAY DELTA, THE PINK BUILDINGS OR WOULD BE, UH, CITY CONSTRUCTED T-HANGARS.

SO LEAVING SPACE FOR CITY CONSTRUCTED T-HANGARS.

UH, THE CITY HAS A $900,000 GRANT TO CONSTRUCT T-HANGARS.

THIS WILL BE THE LOGICAL LOCATION FOR THAT TO HAPPEN.

UH, SO THEY COULD SIMPLY BE ON THE OTHER SIDE OF THE TAXIWAY, UH, WITH US OUT THERE, AND THEN KIND OF COMING UP TO THE NORTH HERE YOU CAN SEE, UH, A BULK HANGAR AND THE AIRPORT TENANT HANGAR, UH, OR TENANT FACILITY THAT WE DISCUSSED, UH, COULD BE CONSTRUCTED IN THAT LOCATION ON THE OPPOSITE SIDE, ON THE EAST SIDE OF ALL THAT WOULD BE THE SOCCER FIELD DEVELOPMENT THAT'S BEING DISCUSSED.

UH, AND I HAVE TO STRESS, WE WE SHOW BOXES, WE'LL SHOW AN OVERALL CONCEPT.

WE'RE NOT DESIGNING THE SOCCER FIELDS.

WE PUT SOME BOXES OUT THERE.

BUT THAT IN NO WAY IS INTENDED TO BE A DESIGN FOR THE CITY.

WHAT WE WOULD PROPOSE IS IF THERE'S A RECOMMENDATION TO MOVE FORWARD, WE'D LIKE TO BE A COLLABORATIVE PARTNER WITH THE CITY AND HELP PLAN THIS TOGETHER AND MAKE A SPACE THAT WORKS FOR EVERYBODY.

BUT I DON'T WANT THAT TO BE MISCONSTRUED AS A DESIGN OF THE SOCCER FIELDS, BECAUSE THAT WAS NOT THAT WAS SIMPLY US PUTTING BOXES THERE TO REFLECT THE SIZE AND GIVE YOU AN IDEA OF WHAT'S OVER THERE. UM, I HAVE ANOTHER QUESTION.

YES, MA'AM. I'VE FORGOTTEN, BUT SKYDIVE AMELIA RIGHT NOW.

HAS THAT THAT TRAILER.

MHM. UM AND THEY PAY THE, THE, THE FBO OR DO THEY PAY THE AIRPORT FOR THE RENTAL OF THAT SPACE.

YEAH. SO THE TRAILER IS UNDER THE AIRPORT.

YEP. AIRPORT OKAY.

YEP. OKAY.

AND SO THAT WOULDN'T NECESSARILY CHANGE WITH THE BUILDING OF THIS OR IT WOULD THIS.

YEAH. IF WE AGREED AND AND RENTED THE SPACE, THAT TRAILER WOULD GO AWAY, THE LEASE WOULD GO AWAY AND HE'D BE RUNNING OFFICE SPACE AND A HANGAR

[00:30:07]

US BEING THE FBO? UH, THE FBO WOULD OWN THE HANGAR SO THE GROUND LEASE THAT SKYVIEW HAS WITH THE MOBILE TRAILER WOULD BE ELIMINATED IN THIS PROPOSAL.

YEAH. THANK YOU. PARKING DEPICTED IS THAT CITY PARKING LOT? YEAH. GREAT QUESTION. SO THAT'S ONE OF THE THINGS THAT WE HEARD EARLY ON FROM THE CITY AND EVEN THE FOLKS AT CRANE ISLAND, UH, THAT THERE'S A CHALLENGE THERE WHEN THEY HAVE LARGE EVENTS FOR SOCCER ON THE WEEKENDS WHERE CARS ARE PARKING ON CRANE ISLAND ROAD, THAT'S A PRIVATE ROAD, AFTER YOU TURN FROM BAILEY ROAD, THEY'RE PARKING IN THE LANDSCAPING FOR CRANE ISLAND. SO WE WERE DOING SOME CONCEPTUAL DRAWINGS, ENSURING THAT OUR DESIGN WOULD ALLOW FOR A SUBSTANTIAL INCREASE IN PARKING THERE TO RESOLVE THAT ISSUE.

WHEN WE GET TO I'VE GOT A LARGER VERSION OF THIS CONCEPTUAL IMAGE, BUT WE CAME UP WITH SOMEWHERE AROUND 150 PARKING SPACES.

I THINK THE CITY WAS ACTUALLY IS, I UNDERSTAND FROM TALKING TO MR. GEORGE, CHARLIE GEORGE, THE CITY'S ENGINEER, THEY'RE CONSIDERING MAYBE EVEN UPWARD OF 200 PARKING SPACES.

BUT WHAT WE WANTED TO MAKE SURE WAS THAT THERE WOULD BE AMPLE SPACE TO ACCOMMODATE THE INCREASE OF PARKING THAT THEY'RE LOOKING FOR, UH, FOR THE SOCCER FIELDS.

THAT COULD ALSO BE CONVENIENT PARKING FOR THE AIRPORT TENANT CENTER AND THAT FACILITY FOR ACCESS TO THAT.

IF THERE ARE NON AIRPORT USERS THAT MIGHT WANT TO RENT THAT OR USE THAT SPACE.

SO THAT WOULD BE A CONVENIENT PLACE FOR THEM TO PARK.

THE ACCESS TO THE AIRPORT WOULD BE YOU CAN SEE THERE'S A DRIVE LANE THAT'S PROPOSED THAT WOULD COME IN OFF OF BAILEY ROAD AND SAYS GATE, SO YOU'D HAVE A GATE ACCESS.

THERE IS WHAT WE PROPOSED CONCEPTUALLY, OF COURSE, IS JUST A CONCEPT, UH, FOR ACCESS TO THE AIRPORT COMING INTO THE T-HANGAR AREA.

OKAY. YEAH.

ON THE NON-AVIATION SIDE, OF COURSE, I REFERENCED, UH, THE SECOND APPLICATION FOR DEVELOPMENT NORTH OF THE AERONAUTICAL AREA.

UM, AND THAT WOULD BE FOR AN RV BOAT STORAGE FACILITY.

UM, SO FOR NON-AVIATION USE, IT WOULD BE CONTINGENT UPON THE FAA'S APPROVAL IF IT WAS SUPPORTED BY THE CITY TO ASK THE FAA TO TO ALLOW FOR NON-AVIATION USE THERE.

UH, A LITTLE BIT DIFFERENT THAN THE AERONAUTICAL GROUND LEASE.

YOU'RE REQUIRED TO PAY A FAIR MARKET VALUE, WHICH IS A HIGHER RATE TO THE AIRPORT.

SO IT MAKES MORE MONEY FOR THE AIRPORT.

AND TO BE HONEST, THE NON-AVIATION STORAGE COMPONENT HAS BETTER MARGINS FOR US AS WELL.

AND THAT'S WHY IT'S IMPORTANT IN THIS CONVERSATION.

UM, SO WITH THE NON-AVIATION, UH, FACILITY WOULD ALLOW US TO DO IS BE A LITTLE BIT MORE AGGRESSIVE IN OUR DEVELOPMENT OF T-HANGARS.

SO WE THINK WE CAN GO FURTHER AND BUILD THE FULL AERONAUTICAL DEVELOPMENT THAT WE SHOWED YOU.

AND WE'D ALSO BE ABLE TO USE THOSE MARGINS TO HELP SUBSIDIZE THE RENT OF THE T-HANGARS TO HIT THAT PRICE POINT THAT WE'RE HEARING FROM PEOPLE ON THE WAITING LIST ON OUR SIDE.

I THINK THE CHALLENGE ON THE PRIVATE SIDE, BUILDING HANGARS IS, UH, AS YOU KNOW, THIS IS A NATIONWIDE CHALLENGE.

THE MARGINS ARE FAIRLY SLIM ON T-HANGARS.

UM, AND, UM, ON THE AIRPORT SIDE, THEY HAVE THE BENEFIT OF STATE GRANT DOLLARS TO HELP BUILD THOSE FACILITIES.

AND THE AIRPORT OBVIOUSLY DOESN'T PAY ITSELF A GROUND LEASE FEE.

SO WE HAVE ADDITIONAL FINANCIAL CONSTRAINTS.

BUT WE THINK IF WE USE THIS OPTION, WE CAN HELP SUBSIDIZE THOSE RATES AND REALLY GET TO THAT PRICE POINT THAT PEOPLE ARE ASKING FOR, UH, WHEN WE TALK TO THEM ON THE WAITING LIST.

AND SO THIS IS A CONCEPTUAL DRAWING OF ABOUT TWO AND A HALF ACRES FOR NON-AVIATION STORAGE FACILITY.

THIS IS JUST NORTH OF THE AVIATION, UH, THE AERONAUTICAL DEVELOPMENT THAT I WAS SHOWING YOU A FEW SLIDES BACK.

SO IT'LL BE, UH, BOAT, RV UNIT STORAGE.

UM, AND IT WOULD HAVE A FENCE LINE.

YOU CAN SEE THE DELINEATION BETWEEN THE AERONAUTICAL PROPERTY CONTAINING IT TO THE NORTH SIDE OF, UH, OF THE DEVELOPMENT.

UM, THERE'S A FEW THINGS THAT, UH, IF WE DON'T HAVE THE MARGINS OF THE NON AVIATION STORAGE FACILITY THAT THAT WOULD BE IMPACTED.

AND I'LL SHOW THAT ON A FUTURE SLIDE.

UH, ONE OF THOSE THINGS IS THE EFFICIENCIES OF THE PROJECT.

THE MARGINS ALLOWS US TO BUILD THE TENANT CENTER.

IF WE DON'T DO THE NON AVIATION FACILITY, WE'D HAVE TO TAKE THE TENANT CENTER OUT.

UH, IT'S NOT SOMETHING WE'D BE ABLE TO AFFORD OR BE THAT AGGRESSIVE.

UH, WE WOULD LIKELY NOT BE ABLE TO BUILD THE BLUE BOX HANGAR WITH THE SKYDIVE DEVELOPMENT, BECAUSE IT'S ON THE NORTH SIDE.

WE HAVE TO BE LESS AGGRESSIVE AND BUILD.

UH, WOULDN'T BE ABLE TO BUILD AS FAR NORTH ON OUR DEVELOPMENT.

SO. SO IT'S REALLY IMPORTANT FROM A FINANCIAL PERSPECTIVE FOR US.

IT'S ALSO GOOD MONEY FOR THE AIRPORT AS WELL.

UH, FROM A FAIR MARKET VALUE PERSPECTIVE.

AND THERE'S SIGNIFICANT DEMAND FOR IT IN THE COMMUNITY.

THERE'S CERTAINLY A LIMITED SPACE TO STORE BOATS AND RVS AND THAT SORT OF THING ON THE ISLAND.

SO QUESTION.

YES, SIR. UH, ON THE, UH, NORTH SIDE OF THERE, YOU POINTED OUT THE CRANE ISLAND HAD SOME CONCERNS ABOUT PEOPLE PARKING THERE DURING THE CURRENT SOCCER MATCHES. IF THIS WENT IN AS, AS PLANNED, THAT THAT WOULD, THAT WOULD, UH, CURE THAT ISSUE.

YEAH. SO ONE OF THE REASONS YOU CAN SEE THE PARKING EAST, EAST OF THE NON AVIATION FACILITY IS, UM, UH, WE WANTED TO MAKE SURE, AS I SAID, THAT THERE WAS A LARGE ENOUGH

[00:35:06]

I KNOW THE CITY IS INTERESTED IN THAT IN THAT AS WELL.

THEY'RE THEY'RE LOOKING FOR THE SAME THING.

AND I THINK WE'VE SHOWN THAT THEY CAN INDEED INCREASE THEIR PARKING SPACE ON THE EAST SIDE.

THE OTHER THING THAT'S HELPFUL OR MAYBE ATTRACTIVE TO CRANE ISLAND IS, UH, THE NON AVIATION STORAGE FACILITY WOULD BE ABLE TO BE, UH, SHELTERED OR BURNED.

UH, THERE'D BE SOME SCREENING THERE TO THE ROADWAY.

AND IT ALSO COULD ACT AS A BIT OF A NOISE BUFFER.

I MEAN, IF YOU IF YOU DO TAKE AVIATION DEVELOPMENT ALL THE WAY OUT TO THE ROADWAY, YOU'RE GOING TO HAVE A HANGAR WITH AN AIRCRAFT PULLED OUT.

AND THERE MAY BE A FUTURE USE OF THE PARCEL ACROSS THE ROAD THAT WE DON'T KNOW.

AND IF YOU HAVE AN AIRCRAFT FIRING UP THERE AT 630 IN THE MORNING, IT MAY NOT BE AS ATTRACTIVE WHERE THE NON AVIATION PIECE CAN BE SCREENED AND BUFFERED AND ACTUALLY PROVIDE YOU A BIT OF A BUFFER TO THAT AVIATION USE.

SO WE THOUGHT THAT WOULD BE A NICER STREET FRONT FOR THEM.

INSTEAD OF SEEING A METAL HANGAR BUILDING AND AIRPLANES MAKING NOISE IN THE MORNING.

YEAH. UH, SO I THOUGHT THE.

SORRY ON YOUR BLUE EIGHT UNIT BOX HANGAR.

OKAY. I'M A PILOT, BUT I DON'T OWN A PLANE.

THE TOP THREE.

WHICH WAY IS THE PLANE GOING TO COME OUT OF THE HANGAR? IS IT GOING TO CROSS THAT DEMARCATION OF DOTTED LINE? AND HOW IS IT GOING TO GET BACK TO THE TAXIWAY? YEAH. AT THIS TIME IT'S REALLY IT'S JUST A BOX HANGAR.

I KNOW IT'S A LITTLE DECEIVING WITH THE UNITS ON THE NORTH SIDE, UH, BECAUSE WE'RE ONLY CONCEPTUAL, WE'RE REALLY JUST KIND OF DRAWING A BOX FACILITY.

SO I JUST SAY IT'S IT'S NOT REALLY EIGHT BOXES.

IT'S NOT REALLY EIGHT BOX HANGARS.

IT'S FOUR THREE BOX HANGARS.

THAT'S RIGHT. YEAH. OKAY. YEAH.

OKAY. YES, MA'AM. JUST WANTED SEMANTICS.

THANK YOU. OKAY.

SO WE TALKED A LITTLE BIT ABOUT THE AIRPORT TENANT CENTER.

AND I THINK THERE'S SOMETHING THAT WE'D ALSO BE INTERESTED IN.

AND WE WE'VE MET WITH A FEW CITY OFFICIALS.

AND IF THE CITY HAD SOME INTEREST AS WELL, UH, WE IT COULD PERHAPS BE A NICER FACILITY AS WELL.

YOU KNOW, WHAT WE'VE PROPOSED IS MAYBE THERE'S A PRIVATE PUBLIC PARTNERSHIP THERE INSTEAD OF BUILDING MAYBE A 1500 SQUARE FOOT TENANT CENTER THAT'S AVAILABLE TO THE TENANTS AND NON-AVIATION STORAGE FOLKS, WE CAN GO A LITTLE BIT LARGER AND HAVE A NICER THEMED EVENT SPACE.

UH, YOU KNOW, THERE'S A WE GET A QUITE A BIT OF DEMAND FOR EVENTS OR EVENT SPACE AT THE AIRPORT.

I KNOW MR. ECKERT HAS AT THE FBO, UH, FOR FOLKS TO COME IN AND RENT THE LOBBY SPACE, BUT IT'S CHALLENGING FOR THE FBO BECAUSE THEY'RE OPEN SEVEN DAYS A WEEK, 7 TO 7.

IT'S NOT REALLY CONDUCIVE TO RUNNING IT OUT TO FOLKS TO HAVE AN EVENT AND THEN BE, UH, HELPING PASSENGERS AND AIRCREW GET THROUGH THE BUILDING.

UH, THEY'VE RENTED SOME OF THE HANGARS ON THE AIRPORT, LIKE HANGAR A ON THE SOUTH SIDE OF THE AIRPORT.

BUT THEN MR. KELLER, WHO OWNS THE MAINTENANCE DEPARTMENT, HAS TO PULL ALL OF HIS AIRPLANES OUT.

THE PARKING'S NOT REALLY CONDUCIVE.

HANGAR B, YOU HAVE TO GET PEOPLE TO THE CENTER OF THE AIRPORT WHERE ADVANCED AERO TECHNOLOGY IS.

THAT DOESN'T MAKE GREAT SENSE.

AND THIS COULD BE A NEAT LOCATION WITH PARKING OUTSIDE THE FENCE THAT COULD BE RENTED BY FOLKS AND BE THEMED AND BE SOMETHING THAT'S GREAT FOR THE COMMUNITY.

IT WOULD BE A VIBRANT SPACE, PERHAPS WITH THE SOCCER ACTIVITY THAT'S TAKING PLACE, AND THIS COULD BE IN THAT SAME FACILITY AND COULD PROVIDE A NEAT SPACE FOR FOR THE COMMUNITY.

SO IT'S JUST AN IDEA.

I MEAN, IF THE CITY HAD ANY INTEREST IN IN MOVING FORWARD WITH IT, WE'D LOVE TO BE A PARTNER THERE.

BUT IF THERE WAS AN INTEREST AND WE'RE BUILDING BOTH FACILITIES, WE'D DEFINITELY, PROBABLY SCALE BACK DOWN TO THE SMALLER TENANT CENTER.

BUT AS WE'RE KIND OF BUILDING THE SPACE OUT, THINKING OF THE FUTURE, IT COULD BE SOMETHING THAT FOLKS HAVE BEEN SEEKING.

AND WE'VE BEEN HEARING AT THE AIRPORT FOR SOME TIME AND JUST COULDN'T ACCOMMODATE IN THE PAST.

SO WHEN YOU PUT ALL THAT DEVELOPMENT TOGETHER, THIS IS THE ENTIRE SITE PLAN, THE CONCEPTUAL SITE PLAN WITH THE AERONAUTICAL PIECE TO THE SOUTH, UH, THE NON-AVIATION STORAGE TO THE NORTH.

AGAIN, THE BOXES ON THE SOCCER FIELDS ARE NOT DESIGNED.

WE JUST PUT SOME BOXES OVER THERE FOR CONSIDERATION OF SPACE.

UH, BUT SHOWING YOU THE THE OVERALL SITE PLAN.

ARE THERE ANY QUESTIONS ON THE OVERALL SITE PLAN? I KNOW I KIND OF WENT THROUGH THAT FAST.

YEAH. UH, RUNWAY ONE EIGHT IS GOING TO BE REHABBED.

IS IT GOING TO BE USABLE OR IS IT JUST A PICTURE? OH, THAT'S ACTUALLY NOT 1836.

UH, SO THAT'S UH, WHAT WE DID WAS WHAT WE WANT TO SHOW.

AND THAT'S A GREAT POINT. I JUST SAID THAT WHAT WE WERE SHOWING WAS, UH, THERE IS ROOM FOR FUTURE DEVELOPMENT WEST OF THE YELLOW T HANGAR DEVELOPMENT.

YOU DO CURRENTLY HAVE A DROP ZONE OVER THERE, BUT IN THE FUTURE, THERE IS SPACE OVER THERE.

IF YOU WANT TO FLIP AND PUT T HANGARS ON THE WEST SIDE OF THAT DEVELOPMENT, THERE'S ROOM FOR FUTURE GROWTH THERE.

I MEAN, THIS IS BASED ON THE DEMAND YOU HAVE.

I WOULD ANTICIPATE EVEN WHAT WE'VE JUST SHOWN HERE.

THIS IS EASILY A 50 YEAR PLAN.

SO FOR MEETING THE DEMAND FOR THE AIRPORT, THIS IS CERTAINLY A PROBABLY A 50 YEAR PLAN.

IF YOU WANT TO GO BEYOND THAT, UH, YOU COULD EASILY BUILD TO THE WEST AND PUT MORE T HANGARS IN THAT SAME AREA.

STILL KEEPING ALL OF YOUR T HANGARS TOGETHER.

AND WE PUT THAT FUTURE TAXI LANE IN ON THE WEST SIDE.

WHAT DAVE IS ASKING ABOUT IS THIS, UH, JUST SHOWING.

I MEAN, IT WOULD BE CONVENIENT IF YOU HAD FUTURE DEVELOPMENT, ADDITIONAL DEVELOPMENT THERE, THAT YOU HAD ANOTHER OUTLET THERE TO LEAD DOWN TO THE SELF-SERVE.

AND YOU CAN PUT SOME T HANGARS TO THE WEST OF IT.

SO THAT WAS ONE OF THE THINGS WHERE WE WERE JUST THINKING, THINKING TO THE FUTURE AND SHOWING THAT, HEY, YOU COULD ACTUALLY CONTINUE DEVELOPMENT OVER THERE, UM, IN THAT SAME

[00:40:04]

AND THE LITTLE BLUE BOX IS THE CONCESSION STAND.

I THINK I READ IT ON 2 OR 3 PAGES LATER.

I SEE THE ARROW TO IT, BUT THAT THAT'S THE AREA THAT FOR THE SOCCER FIELDS, BASICALLY, IF THEY WANT SOMETHING LIKE THAT OR.

YES, MA'AM, I THINK SO WE WE SHOWED IT MOVING IN OUR CONCEPT.

I THINK THE CITY HAS LOOKED AT OPTIONS.

I DON'T KNOW THAT THEY WOULD GO TO THAT LOCATION.

I THINK THEY AGREE THAT THE CURRENT LOCATION MAY BE MOVED FOR THE SOCCER COMPLEX.

THEY'VE LOOKED AT SOME OTHER LOCATIONS, SO I WOULDN'T LIKE I SAID, EVERYTHING ON THE EAST SIDE IS JUST CONCEPTUAL.

I DO THINK THE CITY HAS SOME INTEREST IN MOVING THE CONCESSION AND RESTROOMS TO ANOTHER LOCATION ON THE EAST SIDE, WHERE THAT ENDS UP.

I'M NOT REALLY SURE IN THAT CONVERSATION, AND THAT'S A PART OF IF WE'RE ABLE TO BE COLLABORATIVE PARTNERS WITH THE CITY MOVING FORWARD, WE'D LOVE I THINK WE CAN HELP, UH, IN THE PLANNING PROCESS AND MAKE SURE EVERYBODY'S NEEDS ARE MET IN THE DEVELOPMENT.

ANY OTHER QUESTIONS ON THE SITE PLAN? AM I MISSING ANYTHING? OKAY.

OKAY, SO I KIND OF ALLUDED TO THIS A LITTLE BIT ALREADY.

THESE ARE THE CONSIDERATIONS OF THE STORAGE DEVELOPMENT, UH, FOR US ON THE FINANCIAL SIDE.

SO IF THE STORAGE DEVELOPMENT, THE NON-AVIATION PIECE HAPPENS, WE BELIEVE WE CAN BE PRETTY AGGRESSIVE.

ABOUT 28 T-HANGARS FIVE BOX HANGAR UNITS CAN LOWER THE USE THAT MARGIN TO SUBSIDIZE THE HANGAR RENTAL RATES.

UH, PROVIDE THE SKYDIVE FACILITY, UH, CONSTRUCT THE AIRPORT TENANTS TENANT FACILITY.

UM, IF WE DON'T HAVE THOSE MARGINS, WE'RE GOING TO HAVE TO BE MORE CAUTIOUS IN OUR DEVELOPMENT.

SO WE'RE GOING TO LOWER THE NUMBER OF T-HANGARS WE'RE ABLE TO COME OUT AND BUILD INITIALLY, UH, PROBABLY A 70 HANGAR UNIT BUILDING AND PERHAPS A FOUR BOX HANGAR UNIT.

THE BOX HANGARS BRING IN A LITTLE BIT BETTER MARGINS THAN THE T HANGARS, TO BE HONEST.

UH, WE WOULDN'T BE ABLE TO SUBSIDIZE THOSE RATES USING THOSE MARGINS.

UH, AND CERTAINLY BECAUSE WE'RE NOT BUILDING AS FAR NORTH, WE'RE NOT ABLE TO DO THE SKYDIVE COMPONENT.

AND AS I MENTIONED, THE TENANT FACILITY WOULD HAVE TO DISAPPEAR OFF THE SITE PLAN.

SO THAT'S SOMETHING WE THINK THAT'S WHAT IT WOULD LOOK LIKE.

ESSENTIALLY, IF WE DON'T DO THE NON-AVIATION COMPONENT OF THE DEVELOPMENT IS WE'D BE LESS AGGRESSIVE.

AND OF COURSE, STILL LEAVING SPACE FOR THE AIRPORT TO DEVELOP DIRTY HANGARS ON THE EAST SIDE OF THE TAXIWAY AS WELL FOR THIS.

QUESTIONS I CAN ANSWER ON THAT SITE PLAN.

IT LOOKS PUNY COMPARED TO THE OTHER ONE.

YEAH, YEAH.

UH, T-HANGARS ARE TOUGH.

IT'S, YOU KNOW, AS YOU KNOW, I'VE SPENT SOME TIME UP IN GEORGIA, AND RIGHT NOW THE STATE IS DOING A STATEWIDE NEEDS ANALYSIS FOR, UH, HANGAR SPACE.

THEY'RE CONSIDERING PROVIDING FUNDING, BUT THEY'VE GOT 2500 INDIVIDUALS ON THE LIST.

THE MARGINS AREN'T GREAT.

AIRPORTS CAN'T AFFORD TO BUILD THEM, YOU KNOW, SO IT'S A TOUGH CONVERSATION ACROSS THE NATION.

SO IT'S PRETTY HARD.

SO THIS IS THE THIS IS THE IMPORTANT SLIDE RIGHT.

SO HOW DOES IT ALL PENCIL. WE CAN'T DO IT IF IT DOESN'T PENCIL.

AND HOW DOES IT PENCIL FOR THE AIRPORT.

DOES IT MAKE SENSE? UH AND WE THINK IT DOES MAKE SENSE FINANCIALLY.

UM AND SOME OF THIS WORK I PUT TOGETHER BEFORE I LEFT MR. CARVER'S SEAT, UM, ON THE AIRPORT SIDE, YOU'VE GOT A FEW DIFFERENT COMPONENTS THAT WILL BE REQUIRED TO MAKE THAT DEVELOPMENT HAPPEN.

ONE, AN EXTENSION OF TAXIWAY DELTA.

UM, AND WE BELIEVE WE PROPOSE THAT THAT MAKES SENSE FOR THAT TO BE A PUBLIC TAXIWAY.

SO IT'S NOT LEAST THE PUBLIC CAN USE IT AND TAXI ON IT.

UH, EARLY CONVERSATIONS I HAD WITH THE ENGINEERS FOR THE AIRPORT, WHICH WAS PASTOR AT THE TIME, I RECEIVED A COST ESTIMATE FOR DESIGN, CONSTRUCTION, CONSTRUCTION ADMIN.

IT'S A YEAR LATER, BUT THE ESTIMATE WE HAD AT THE TIME WAS ABOUT $1.4 MILLION FOR THAT TAXIWAY EXTENSION.

UH, THE 12 T HANGARS WITH DESIGN AND CONSTRUCTION ADMIN IS ABOUT $2 MILLION, UH, LEADING TO ABOUT $3.4 MILLION IN TOTAL CONSTRUCTION COST.

UH, FOR THE DEVELOPMENT.

THE AIRPORT HAS SOME FUNDING ASSISTANCE.

HOWEVER, IN THE PROJECT YOU'VE GOT THE $900,000 GRANT FROM THE STATE, UH, WITH THE PROPERTY SALE OF THE BALL FIELDS, THE FAIR MARKET VALUE, I BELIEVE, IF I RECALL CORRECTLY, WAS SOMEWHERE AROUND $1.9 MILLION.

SO THE AIRPORT IS GOING TO RECEIVE $1.9 MILLION.

SO THE OUT OF POCKET FOR THE AIRPORT WOULD BE ABOUT $644,000.

TO MAKE THAT DEVELOPMENT HAPPEN, YOU HAVE SOMEWHERE OVER $800,000 OF FUND BALANCE.

SO THE AIRPORT IS PERFORMING PRETTY WELL.

AND THE MORE IMPORTANT PIECE WOULD BE, OKAY, WHAT DOES THAT MEAN FROM A REVENUE PERSPECTIVE FOR THE AIRPORT? UM, THE FOUR AND A HALF ACRES OF PROPERTY TO LEASE AT THE CURRENT AERONAUTICAL RATE, WHICH IS $0.20 A SQUARE FOOT, THAT'S ABOUT $41,000 A YEAR IN NEW REVENUE TO THE AIRPORT.

THE NON AVIATION PIECE.

AND I USED SOME EXISTING FAIR MARKET VALUES THAT I HAD FROM WHEN I WAS AT THE AIRPORT.

UM, WOULD BE ABOUT $43,000 A YEAR.

AGAIN, IT'S ABOUT HALF THE SPACE, BUT THE IT'S FAIR MARKET VALUE.

SO YOU MAKE MORE MONEY OFF OF IT.

SO UM, BETTER BETTER MARGIN FOR THE AIRPORT.

AND THEN 12 T-HANGARS, IF YOU DID BUILD THOSE AND YOU CHARGED, I SAID $500 A MONTH.

I DIDN'T WANT TO STEP ON SAM'S TOES.

I DON'T I DON'T KNOW WHAT THE CITY WOULD CHARGE, BUT I JUST ESTIMATED A NUMBER THAT SEEM FAIRLY CONSERVATIVE AND REALISTIC.

UH, $72,000.

SO YOUR TOTAL THERE RIGHT OFF THE GATE WOULD BE A NEW REVENUE TO THE AIRPORT, ABOUT $147,000 A YEAR.

THAT'S $600,000.

[00:45:01]

SO THAT PUTS THE AIRPORT IN A GOOD, GOOD POSITION FINANCIALLY AS WELL, WHILE ALSO REMOVING ABOUT 40 INDIVIDUALS FROM THE WAITING LIST.

AND WE THINK THAT REALLY, UH, DEPLETES THE DEMAND WHILE LEAVING, LEAVING YOU WITH A REASONABLE WAITING LIST FOR FOLKS TO PULL FROM TO CONTINUE TO FILL THOSE T-HANGARS OVER TIME. YES, SIR.

QUESTION. NATE, UM, ON THE FULL BLOWN DEVELOPMENT WHERE THE CITY'S GOT THESE, UH, HANGARS OFF ON THE RIGHT.

THE PINK RIGHT THERE.

YES, SIR. ARE, UM.

IS THERE CONSIDERATION FOR THE CITY'S DEVELOPMENT COSTS TO BE, UH, INTEGRATED WITH YOUR COSTS TO BUILD THE YELLOW HANGARS ALL AT THE SAME TIME BY THE SAME COMPANY, OR IS THAT OPEN FOR DISCUSSION? I DON'T KNOW THAT WE'VE GOTTEN THAT FAR.

WE DEFINITELY THINK THAT FROM A DESIGN PERSPECTIVE AND LIKELY IN A CONSTRUCTION PERSPECTIVE, THERE'S A LOT OF EFFICIENCIES WITH ALL OF THIS HAPPENING AT THE SAME TIME AND ALL OF US WORKING TOGETHER, I THINK WE COULD BE GOOD PARTNERS TO HELP THE CITY.

ON THE DESIGN SIDE, WE HAVEN'T GOTTEN TO THE CONSTRUCTION SIDE.

BUT YOU'RE RIGHT, THERE ARE A LOT OF EFFICIENCIES HAPPENING THERE AND THAT THAT COULD BE A DISCUSSION.

WE JUST HAVEN'T GOTTEN THERE. OKAY.

I THINK WE JUST STARTED WITH THE CONCEPTUAL CONVERSATION TO GET THINGS MOVING.

AND FROM A TIMELINE PERSPECTIVE, WHILE WE THOUGHT THAT WAS IMPORTANT IS I THINK, UH, MR. CARVER, YOU'D ESTIMATE, UH, THE RELEASE OF THE BALL FIELDS IS PROBABLY ABOUT 8 TO 10 MONTHS LEFT IN THAT DISCUSSION WITH THE FAA.

SOUNDS RIGHT. UM, SO OUR THOUGHT PROCESS WAS IT SOUNDS FAVORABLE FOR THE RELEASE OF THE BALL FIELDS.

IF WE COULD START THAT DISCUSSION NOW, UH, WE COULD HAVE A CONCEPT IN HAND AND AT LEAST A DESIGN IN HAND BY THE TIME WE GET TO THE RELEASE OF THE PROPERTY, UH, AND BE READY TO ACT ON IT INSTEAD OF WAITING UNTIL WE GET TO THAT POINT AND THEN STARTING THE DISCUSSION.

BUT I THINK AS WE GO THROUGH THE DISCUSSION, THERE MAY BE SOME DEFINITE EFFICIENCIES BETWEEN THE PARTIES TO DO THAT.

YEAH. NOW THE 1.9 MILLION, IS THAT A RECENT APPRAISAL? THAT WAS THE LAST APPRAISAL, UH, THAT I HAD SEEN THAT THE CITY DID FOR THE THE SOFTBALL FIELD SIDE OF, OF THE COMPLEX, UNLESS ANOTHER ONES HAPPENED.

I DON'T KNOW, THAT ONE HAS.

NO. OKAY.

I THINK THAT'S THE MOST CURRENT.

SO THE REASON WE'RE HERE THEN OBVIOUSLY BRINGS US BACK TO THE APPLICATIONS.

RIGHT. SO THERE'S REALLY THREE RECOMMENDATIONS WE'RE ASKING FOR YOU TO CONSIDER.

THE FIRST IS TO GIVE A RECOMMENDATION FOR THE AIRPORT, THE CITY TO NEGOTIATE A GROUND LEASE FOR THE AVIATION DEVELOPMENT.

UM, AND MOST OF YOUR GROUND LEASES ARE PRETTY STANDARD TEMPLATE.

UH, BUT WE THINK WE CAN GET THAT PUT TOGETHER.

WILL STILL TAKE A GOOD AMOUNT OF TIME TO GET THAT PUT TOGETHER, LIKE I SAID.

SO WE WOULDN'T GET TO THE RELEASE PROCESS AND THEN SAY, OKAY, WE'VE GOT TO START ALL THIS WORK AGAIN.

UM, ON THE NON AVIATION SIDE, WE'RE ASKING FOR YOUR RECOMMENDATION, UH, TO NEGOTIATE A DRAFT GROUND LEASE FOR, UH, NON-AVIATION USE THAT WOULD BE CONTINGENT UPON THE FAA'S APPROVAL. AND, AND TO ASK FOR THE FAA'S APPROVAL, UH, TO, FOR NON-AVIATION USE.

THEY THEY WANT TO LOOK AT THE PLANNING FOR THE AIRPORT, MAKE SURE THERE'S CAPACITY.

THEY'RE GOING TO WANT TO MAKE SURE YOU WOULD BE CHARGING FAIR MARKET VALUE.

THEY'RE GOING TO WANT TO KNOW THE TERMS OF A LEASE.

SO WE'D HAVE TO HAVE THAT GROUND LEASE PROBABLY DEVELOPED ANYWAY.

THEY'RE GOING TO ASK FOR IT.

SO IT MAKES GOOD SENSE IF WE'RE GOING TO ASK FOR THAT PERMISSION THAT WE WE GO AHEAD AND PUT TOGETHER A DRAFT GROUND LEASE.

AND OF COURSE, WE THINK, UH, IT'D BE SMART AND WE'D ASK FOR YOUR RECOMMENDATION TO START THE PLANNING PROCESS COLLABORATIVELY WITH THE CITY AND START LOOKING AT ACTUALLY GETTING SOME ENGINEERS ON BOARD.

AND PERHAPS THE CITY CAN START LOOKING AT THE DESIGN OF TAXIWAY DELTA.

AND THEN WE COME IN AND COLLABORATIVELY LOOK AT OUR DEVELOPMENT.

AND MUCH LIKE YOU SAID, GET INTO THE, YOU KNOW, SOME OF THE EFFICIENCY OF THE PROJECT OR WHAT IT ACTUALLY STARTS TO LOOK LIKE MOVING FORWARD.

SO IN 8 TO 10 MONTHS, WE'RE, YOU KNOW, MAYBE WE'RE PRETTY FAR ALONG AND WE KIND OF KNOW WHAT WE'RE GOING TO DO.

THERE COULD BE SOME OTHER THINGS WE FIND ALONG THE WAY.

YOU KNOW, OF COURSE, UH, THE FAA, UH, HAS THE DISCRETION OF ANY ENVIRONMENTAL CONSIDERATIONS IF WORK HAS TO BE DONE THERE.

BUT EVEN TO CONSIDER THOSE, THEY'RE PROBABLY GOING TO WANT TO KNOW THE THE SCOPE OF THE PROJECT YOU'RE PROPOSING.

SO ALL THE ROADS KIND OF LEAD TO WE NEED SOME SORT OF A CONCEPT, PUT TOGETHER A PLAN THAT THAT GIVES SOME ANSWERS BEFORE WE KNOW MORE TO BE HONEST.

AND WE THINK WE CAN DO THAT IN THE BACKGROUND WHILE THE FAA'S GOING THROUGH THE RELEASE PROCESS.

SO THOSE ARE THE THREE RECOMMENDATIONS WE'RE ASKING FOR.

CAN I ASK ANSWER ANY QUESTIONS? THE, UM, AIRPORT FINANCIAL CONSIDERATIONS THAT YOU MENTIONED, UH, WOULD UH, INCLUDE, UM, THE AIRPORT ACTUALLY BUILDING BOTH THOSE, UM, BUILDINGS? GOOD QUESTION. WE'RE SHOWING ON THERE.

I SHOWED. BUILDINGS, YEAH.

I REFLECTED A, UM, AND IT WOULD BE SAM'S DISCRETION, BUT WHAT I SHOWED WAS A 12 T-HANGAR UNIT BUILDING.

SO, NO, I THINK TO ANSWER YOUR QUESTION, I THINK IT WOULD BE IT COULD THAT WOULD BE PROBABLY ONE LONG, LONG T-HANGAR BUILDING.

THERE WOULD BE SPACE FOR A FUTURE.

BUT I'M NOT SURE IF MR. CARVER, IF WE DID THIS, WOULD BE INTERESTED IN GOING FURTHER, MAYBE INVESTING FURTHER IN THAT.

I ONLY USE THAT FROM SOME OF MY PREVIOUS CALCULATIONS THAT ASSUMED, HEY, IF I DIDN'T WANT TO TAKE OUT DEBT, I WOULD BUILD UP.

[00:50:05]

IF I GO FURTHER, I'D LIKELY HAVE TO CARRY SOME DEBT TO DO THAT.

MAYBE I'LL JUST LEAVE THAT SPACE TO BUILD ANOTHER T-HANGAR IN THE FUTURE.

SO IT'S CONVENIENTLY READY.

SO. BUT AGAIN, I DON'T KNOW IF MR. CARVER HAS ANY THOUGHTS ON THAT. YEAH, I THINK TYPICALLY THAT WOULD IT WOULD BE A SECOND PHASE LATER DOWN THE ROAD WHEN WE GOT ANOTHER GRANT FOR THE SECOND BUILDING PROBABLY.

OKAY? YES, SIR.

ON THE TAXIWAY DELTA PORTION OF IT, IN THE THIRD REQUESTED RECOMMENDATION THAT YOU TALKED ABOUT, A AND I WONDERED ABOUT THIS AND ON THE FINANCIAL THING OF WOULD EXECUTE FDOT CONTRIBUTION TO THAT TAXIWAY DELTA.

YEAH. SO THE CURRENT GRANT IT'S FOR HANGAR DEVELOPMENT FROM THE STATE.

AND USUALLY YOU CAN USE SOME OF THAT FOR T HANGAR OR A T HANGAR TAXI LANES.

SO IT'S NOT NECESSARILY ATTACHED TO THE TAXIWAY.

OKAY. UM, YOU KNOW, THERE MAY BE A CHANCE THAT THE STATE HAS SOME INTEREST IN ADDITIONAL GRANT FUNDS FOR THE TAXIWAY.

I KNOW THEY'RE AWARE OF THIS PROJECT, BUT I DON'T KNOW IF THEY'VE GIVEN ANY INDICATION TO SAM ABOUT THAT.

UM, I WOULDN'T RELY ON THAT, BUT THAT THAT GRANT THAT'S IN PLACE RIGHT NOW IS REALLY FOR HANGAR DEVELOPMENT, THE T HANGAR DEVELOPMENT THAT THE CITY WOULD DO.

AND YOU CAN USUALLY DO YOUR REASONABLE ACCESS WITH THAT, LIKE YOUR TAXI LANES AND THAT SORT OF THING.

I DON'T KNOW IF I. YEAH.

THANK YOU. WHAT QUESTIONS CAN I ANSWER? ANY MORE COMMENTS FOR THE MEMBERS HERE? YOU SIT DOWN, SIP COFFEE AND GET ON YOUR WAY.

HOW'S THAT? YEAH.

I'LL PUT THIS BACK UP IN CASE YOU NEED TO REFER.

TO. SO SWEET.

SO ALL THE, UH, ALL THE FINANCIAL CONSIDERATIONS, NUMBERS THAT ARE GIVEN BASICALLY LIKE ON THE LAST PAGE IS, ARE ON THE LAST PAGE ARE 22 NUMBERS.

A YEAR AGO, WAS THAT KIND OF WHAT WE'RE WHAT WE'RE GOING OFF OF HERE AS FAR AS THE LEASES GO AND THEIR ESTIMATES.

SO THEY'RE ALL AND THE FAIR MARKET VALUE.

IS THAT AN ESTIMATE OR IS THAT DID THAT ACTUALLY COME IN THAT'S ESTABLISHED? UM, BECAUSE THAT'S LISTED IN OUR MINIMUM STANDARDS AND OUR RATES RIGHT NOW.

SO $0.20 FOR AN AERONAUTICAL GROUND LEASE AND $0.35 FOR NON AERONAUTICAL.

AND THAT IS WHAT I USE THERE FOR THOSE RATES.

BUT WHAT'S THE UH I KNOW WE DID AN APPRAISAL FOR THAT PROPERTY SOMETIME WITHIN THE LAST YEAR.

IS THAT WOULD WE HAVE TO DO ANOTHER APPRAISAL.

THAT'S THE QUESTION WE'RE GOING TO ASK THE FAA AGAIN, IF THEY ARE GOING TO REQUIRE AN UPDATED APPRAISAL, BECAUSE IT'S BEEN WITHIN THE LAST IT'S BEEN 8 OR 9 MONTHS.

I DON'T I THINK IT'S A LITTLE LONGER.

I THINK THAT APPRAISAL HAPPENED RIGHT AFTER I LEFT.

I WASN'T HERE WHEN THEY DID THE IT WASN'T.

SO THAT WOULD HAVE BEEN ABOUT A YEAR AGO, I THINK.

AND DID THAT COME IN AT 1.9.

IS THAT WHAT THE FIGURE THAT WE'RE USING? REMEMBER 1.8.

YEAH, THAT'S RIGHT. AT 1.8.

THAT'S WHY I ASKED IF THAT WAS A NEW ONE.

YEAH.

SO I GUESS THE DISCUSSION AMONG THE.

TIME DOUG.

WELL I THINK, UH, THREE INDIVIDUAL MAKE INDIVIDUAL RECOMMENDATIONS.

INDIVIDUAL RECOMMENDATIONS.

ONE A GROUND LEASE TO, UH, GO AHEAD WITH THE, UH, T-HANGARS, WHICH TO ME IS ALMOST A NO BRAINER THERE IN MY OPINION.

UM, AND WE'VE DISCUSSED THIS BEFORE AT OTHER TIMES THAT THAT IS THE BEST AREA FOR THE T-HANGARS.

UM, SO WE HAVE SOMEONE RECOMMENDING THAT.

YEAH. I'LL GO ON TO THE FIRST RECOMMENDATION.

NUMBER ONE, HANGAR DEVELOPMENT APPLICATION RC RECOMMEND.

PROCEED WITH THE GROUND LEASE FOR THE HANGAR DEVELOPMENT CONTINGENT ON RELEASE OF THE SOCCER FIELDS.

OKAY. AND DO WE, UH.

WELL. THAT'S A SECOND.

ALL IN FAVOR? AYE. OKAY.

THAT ONE'S GOOD.

UH, THE OTHER ONE IS THE NON AVIATION ONE ALSO CONTINGENT ON FAA APPROVAL.

AND THAT WOULD BE THE BOXES FOR THE RV UNITS THAT WOULD ALLOW THE CONSTRUCTION OF THE UH SOME TYPE OF REC CENTER COMMON AREA.

[00:55:01]

CONTINGENT UPON FAA APPROVAL FOR THAT.

OKAY. QUESTION. JUST OUT OF CURIOSITY, UM, THE SO THE STORAGE DEVELOPMENT CONSIDERATIONS WAS WITH STORAGE DEVELOPMENT, LOWER HANGAR RENTAL RATES, ARE WE TALKING ABOUT IN LINE WITH WHAT'S CURRENTLY BEING OFFERED RENTAL WISE OR ARE WE WHAT WHAT ARE WE WHAT ARE WE USING AS THE LINE TO SAY IT'S GOING TO BE LOWER THAN THAT AND HOW MUCH LOWER? AND YEAH. WHAT? YEAH, I THINK THERE'S GOOD CONSIDERATIONS THERE.

SO THE PRICE POINT, TO BE HONEST, THAT WE HEARD WHEN WE CALLED FOLKS ON THE WAITING LIST WAS, UH, SOMEWHERE AROUND THE 550 A MONTH RANGE.

UM, I DON'T KNOW THAT WE'D BE ABLE TO COMPETE WITH.

AS A REMINDER, THE CITY'S RATES, BECAUSE THEY'RE T-HANGARS ARE ABOUT 40 YEARS OLD.

THERE'S SOME AGE. AND THERE I THINK WITH TAX, YOU'RE ABOUT 375 A MONTH.

SO WE WOULDN'T BE ABLE TO COMPETE AND OUTPACE THE YOU WOULDN'T EXPECT THAT.

UH, BUT THAT'S THAT'S AROUND THE TARGET WE'RE LOOKING FOR TRYING TO GET TO WITH THE NON-AVIATION STORAGE PIECE TO SUBSIDIZE THAT RATE.

AND THAT'S THAT'S WHAT WE HEARD FROM MAJORITY FOLKS ON THOSE CALLS.

WAS ABOUT 550 A MONTH IS WHERE I THINK WE NEED TO BE IN THAT RANGE ACTUALLY WAS 550 TO 600.

THAT RANGE IS WHERE THEY NEED US TO BE FOR US TO BE ABLE TO ACCOMMODATE THEIR NEEDS.

RIGHT. YEAH. OKAY. YOU MIGHT WANT TO MENTION WHAT THE NEW HANGAR, NEW CONSTRUCTION, THE CITY.

YEAH. I MEAN, THE CITY, THE CITY'S NEW.

WE BUILT THE SIX UNITS THAT WE OPENED LAST YEAR, AND THEY'VE GOT NICER DOORS.

THEY'RE, UH, WIDER DOORS.

THEY WERE THE HYDRAULIC DOORS.

THEY WERE BETWEEN 650 AND A MONTH AND 900 A MONTH.

UH, BUT THOSE HAVE SOME NICER FEATURES.

AND AGAIN, WE'RE TRYING TO GET BELOW THAT TO A MORE EFFICIENT UNIT.

SO WE'D BE WE'D BE LOWER TO THOSE, UH, BUT WE WOULD ALSO BE TRYING TO PROVIDE AN EFFICIENCY UNIT.

YEAH. I WAS JUST TRYING TO GET A NUMBER.

YEAH, THAT'S OUR GOAL. THAT'S WHAT WE'RE TRYING TO DO FOR SURE.

OKAY. THAT'S A GOOD QUESTION.

OKAY. DO I HAVE A RECOMMENDATION FOR THE STORAGE DEVELOPMENT THERE? CONTINGENT UPON FAA APPROVAL SO THAT THEY CAN MOVE FORWARD WITH THEIR DESIGN? I MOVE THAT WE SEEK THE REC, THAT WE RECOMMEND THE CITY FOR THE CITY TO PROCEED WITH NEGOTIATING GROUND LEASE FOR NON-AVIATION DEVELOPMENT CONTINGENT ON THE FAA APPROVAL.

WE DIDN'T SAY CONTINGENT ON THE FAA APPROVAL IN THE FIRST ONE, BUT IT SHOULD BE NOTED.

OKAY. YOU DID CONTINGENT ON THE FAA APPROVAL.

OKAY. OKAY. I WANT TO MAKE SURE THAT CONTINGENT ON THE FAA APPROVAL, DO WE HAVE A SECOND ON THAT ONE? YEAH. SECOND. OKAY.

ALL IN FAVOR? AYE. OKAY.

THAT ONE. AND THEN, UH, RECOMMENDATION TO COLLABORATE WITH THE CITY AND SEEKING IT TO PROCEED WITH THE TAXIWAY, DELTA AND AIRPORT HANGAR DESIGN, USUALLY UTILIZING THE EXECUTED, UH, GRANT MONEY THAT WE HAVE.

AND GET THE TAXIWAY OVER THERE, I SO MOVE.

OKAY. DO I HAVE A SECOND? SECOND. ALL IN FAVOR? AYE. OKAY.

IN THAT CASE, ALL THREE WILL GO FORWARD.

ALL RIGHT. I DO HAVE A QUESTION TO SAM IN THE AIRPORT FROM THE CITY OF FERNANDINA BEACH MUNICIPAL AIRPORT STANDPOINT. WHERE DO YOU SEE WE ARE WITH THIS? WE STILL KIND OF WAITING FOR THE THE CITY AND THE COUNTY.

I THINK EVERYTHING LOOKS REALLY PROMISING ON THIS GETTING DONE ON ALL OF OUR CONVERSATIONS WITH THE FAA.

THEY'RE REALLY PLEASED WITH THAT.

ALL THE PARTICIPANTS ARE IN FAVOR OF THIS THE CITY COMMISSION, THE PARKS, THE AIRPORT, THE TENANTS.

THERE'S NOT ANYBODY REALLY OPPOSING THIS.

UM, SO JUST A MATTER OF, UH, GETTING, UH, THE APPLICATION IS UNDERWAY RIGHT NOW THROUGH OUR AIRPORT ENGINEER CONSULTANTS. UM, THEY JUST COMPLETED SOME ENVIRONMENTAL ASSESSMENTS.

THEY'RE WAITING ON THE RESULTS OF THAT TO COME BACK.

AND THEN HOPEFULLY, UH, BY, UH, BEFORE THE END OF JANUARY, THEY CAN SUBMIT THE APPLICATION TO THE FAA.

AND THEN THE FAA TECHNICALLY HAS SIX MONTHS TO REVIEW AND GIVE US AN ANSWER, BUT THEY'RE ALREADY AWARE THAT WE'VE HAD MANY MEETINGS WITH THEM. THEY'VE THEY'VE ACTUALLY HAD A VISIT.

AND COMPARED TO OTHER LAND RELEASES THAT HAVE HAPPENED ACROSS THE COUNTRY, THIS LOOKS LIKE ONE OF THE EASIER ONES TO THEM.

SAM. YES, THEY HAVE TO PUT THAT IN THE FEDERAL REGISTER AND THEN GO THROUGH THE COMMENTS, RIGHT? YES. THAT'S IT'S A IT'S A TIME CONSUMING BUREAUCRATIC, UH, TIME KILLER.

YEAH. IT'LL GO TO ORLANDO THEN IT'LL GO TO ATLANTA, THEN IT'LL GO TO WASHINGTON, D.C.

[01:00:03]

AND FROM THE THE ANY KIND OF ROADBLOCKS THAT YOU KNOW OF ASSOCIATED WITH THE COUNTY IN THEIR PARTICIPATION IN THE FUNDING? NOT NOT THAT I KNOW OF.

UM, FROM EVERYTHING I'VE WHAT WAS THE QUESTION? YEAH. IS THE COUNTY PORTION OF THE CONTRIBUTION TO BY IN THE BUDGET OKAY.

WELL THAT'S YEAH THAT'S THAT'S GOOD.

THAT'S. THAT'S THE IMPORTANT PART.

YEAH. THAT'S OKAY WITH UH, EVERYBODY UH, PLAYS NICELY TOGETHER.

YOU WANT TO HAZARD A TIMELINE IDEA HOW HOW THINGS WILL GO? I THINK NINE MONTHS WOULD BE BEST CASE SCENARIO THAT WE COULD, UH, GET THE LAND RELEASE DONE AND AND START, START, POSSIBLY START THIS PROCESS.

YES, BUT THAT'S WHY THEY WANT TO GET A JUMP ON DOING A LOT OF THE LEGWORK NOW.

SURE. SAM, WITH THE FUNDING THAT YOU HAVE AS PRESENTED ALREADY, UM, YOU'RE IN A POSITION TO REALLY START IF CONTINGENT UPON FAA APPROVAL, OF COURSE, BUT YOU'RE ON A POSITION TO COLLABORATE WITH THEM ON GETTING ALL THIS DONE ALL AT THE SAME TIME.

IN OTHER WORDS, THE CITY HANGARS GETTING PUT PUT UP AT THE SAME TIME.

THEY'RE PUTTING UP THEIR HANGARS.

THAT'S. YEAH, OKAY.

THE TIMING IS POSSIBLE.

NOW, THE COLLABORATION PART MIGHT BE A LITTLE MORE DIFFICULT WHEN YOU'RE DEALING WITH, UH, WITH GRANT MONEY AND THE PROCUREMENT PROCESS WE HAVE TO ADHERE TO.

IT'S NOT LIKE, YOU KNOW, HEY, LET'S LET'S TEAM UP AND USE THE SAME THIS AND THAT.

IT'S THAT CAN BE A LITTLE MORE DIFFICULT.

BUT THERE WOULD BE SOME BENEFITS TO US DOING ALL THIS AT THE SAME TIME.

GOOD. OKAY.

I THINK THAT COVERS THE NEW BUSINESS.

UH, AIRPORT DIRECTOR, STAFF REPORTS.

[7. AIRPORT DIRECTOR AND STAFF REPORTS]

I WAS JUST GOING TO MENTION THAT WE EVERYBODY, I BELIEVE, KNOWS WE ARE, UH, FINANCIALLY STRONG IN OUR, UH, IN OUR BUDGET RIGHT NOW.

WE DO STILL HAVE THE $862,000 IN OUR RESERVES, AND, UH, REVENUES ARE UP AND COMPLAINTS ARE DOWN.

SO THINGS ARE LOOKING GOOD.

UM, OPERATION WISE, UH, FOR THE, UH, THIS YEAR UP TO THE END OF NOVEMBER OPERATIONS, WE'VE, UH, KIND OF 52,384 OPERATIONS YEAR TO DATE COMPARED TO LAST YEAR.

AT THIS TIME, WE'RE AT 42,000 OPERATIONS A YEAR.

SO WE'RE UP 10,000 OPERATIONS, UH, AS WE WERE LAST YEAR.

SO THAT'S A GOOD SIGN.

ALSO, UH, GRANTS, UH, WE RECEIVED A GRANT, UH, THIS WEEK FROM, UH, FDOT FOR $180,000.

THAT WAS FOR THE JOHN DEERE TRACTOR, THE JOHN DEERE ZERO TURN, AND A NEW BUSH HOG.

UM, SO THAT, UH, WAS 100%, UH, FDOT GRANT NO LOCAL MATCH.

WE, UH, WE ACTUALLY HAD THEM THEIR WRITING AS OF YESTERDAY, A, UH, GRANT FOR $50,000 FOR A NEW POLE BARN.

THAT'LL BE 100% GRANT.

AND WE ARE, UM, DOING GETTING SOME ESTIMATES RIGHT NOW FOR GENERATORS FOR THE, UH, TERMINAL BUILDING AND FOR THE FUEL FARM, WHICH IT SOUNDS LIKE THEY'RE INTERESTED IN GIVING US A SIZABLE GRANT TO GET US SOME GENERATORS.

SO WE'VE GOT A REAL GOOD PARTNERSHIP GOING ON WITH FDOT RIGHT NOW AS FAR AS GRANTS, UH, HANGAR DEVELOPMENT, THERE SEEMS TO BE A LOT OF EXTRA INTEREST RIGHT NOW. AND BOX HANGARS, UM, I HAVE, UH, PROBABLY SEVEN THAT ACT LIKE THEY'RE SERIOUS.

UM, BUILDING BOX HANGARS.

I KNOW THAT'S THAT HAPPENS A LOT.

UM, OVER MAINLY OVER OFF OF JAMESTOWN ROAD.

UM, I ACTUALLY HAVE A GROUP FLYING IN FROM NEW YORK ON WEDNESDAY THAT I'VE BEEN TALKING TO, THAT THEY SEEM PRETTY SERIOUS, BUT WE'LL SEE HOW THAT GOES.

AND I'LL KEEP YOU ALL UPDATED.

UM, WE HAVE AN FBO LEASE AMENDMENT GOING TO THE CITY COMMISSION ON TUESDAY.

THIS IS SOMETHING THAT'S BEEN IN THE WORK, UH, FOR QUITE A WHILE.

IT'S REALLY CLEANING UP THE LANGUAGE, UM, THAT, UH, WHEN THE FBO, UH, STARTED AND THERE WAS SOME TRANSITION ISSUES WITH THE OLD FBO. UH, SO SOME THINGS KIND OF CHANGED.

BUT ALL THIS IS DOING IS MEMORIALIZING WHAT WE'VE ALREADY BEEN DOING WITH FBO FOR THE LAST SEVERAL YEARS.

SO IT'S REALLY JUST A BUNCH OF LAWYERS, UH, HAVE BEEN MEETING AND GETTING THE LANGUAGE RIGHT.

SO I JUST WANT TO MAKE SURE YOU'RE ALL AWARE THAT THAT WILL BE GOING TO THE COMMISSION ON TUESDAY.

[01:05:01]

A LOT OF KIDS GOT THEIR FIRST FLIGHT.

UM, AND I'LL JUST MENTION WE HAVE JUST SO EVERYBODY KNOWS, WE HAVE REALLY GOOD GROUPS OF ORGANIZATIONS AT THIS AIRPORT AND AVIATION.

WE HAVE, UH, THE EAA, WE HAVE FFA, AND WE HAVE CIVIL AIR PATROL, WHICH ARE, UH, IN MY EXPERIENCE, AT ALL THE AIRPORTS I'VE WORKED AT, I'VE NEVER SEEN THIS TYPE OF, UH, INVOLVEMENT AND ENTHUSIASM FROM THESE GROUPS.

AND A LOT OF THEM ARE ON THESE, THIS BOARD.

SO, UM, WE'RE FORTUNATE TO HAVE THEM.

I JUST WANT TO SAY THAT, UM, SPEAKING OF EVENTS, WE ARE, UH, WE HAVE THE AMELIA COMING UP.

WE'VE, UH, BEEN SORT OF STARTED DOING A LOT OF PLANNING FOR THAT.

ACTUALLY MET WITH, UH, THE HAGERTY GROUP LAST WEEK AND THE BOTTOM GROUP THIS WEEK IN PERSON, ON SITE, GOING OVER, UH, THE SAFETY PLANS, GETTING READY FOR THEM.

UM, SO THAT I'M LOOKING FORWARD TO MY FIRST AMELIA.

THAT'LL BE EXCITING.

UM, WE ARE CURRENTLY REVIEWING SUBMITTALS FOR AIRPORT ENGINEERING CONSULTANTS.

WE HAD SIX, UH, SUBMITTALS, UM, FOR, UH, NEW ENGINEERING SERVICES, AIRPORT ENGINEERING SERVICES.

THAT'S UNDERWAY.

UH, I MENTIONED WORKING ON AN AIRPORT QUARTERLY NEWSLETTER THAT WE LIKE TO PUT OUT IN JANUARY.

UH, IT'S GOING TO MENTION A DERELICT AIRCRAFT.

WE HAVE ONE ON THE WHOLE AIRPORT, WHICH IS REALLY NICE COMPARED TO MOST AIRPORTS.

BUT, UH, WE HAVE, UH, THROUGH THE FBO, UH, SOME COMMUNICATION WITH THEM IN THE FORM OF A LETTER, AND HOPEFULLY HE'S GOING TO BE MOVING AS DERELICT AIRCRAFT REAL SOON. UH, AS FAR AS SAFETY, IS HE STILL CLAIMING IT'S A FIXER UPPER? I DON'T THINK SO. I THINK HE'S HE'S SEEN THE LIGHT.

UM, HOPEFULLY, UH, AS FAR AS SAFETY, EVERYTHING ON THE AIRFIELD RIGHT NOW IS IN UH, GREAT CONDITION.

THANKS MAINLY TO BOBBY KEEPING AN EYE AND MAKING SURE EVERYTHING'S UP.

UH, WE DON'T HAVE ANY ACTIVE NOTAMS RIGHT NOW FOR ANYTHING THAT WE'VE ISSUED.

AS FAR AS THE THE SAFETY OF THE AIRFIELD.

UH, WE DO HAVE AN ANNUAL, UH, INSPECTION COMING UP FEBRUARY, FEBRUARY 7TH WITH, UH, FDOT.

THAT'S THE, UH, THAT'S HOW WE KEEP OUR, UH, ACTIVES AIRPORT CERTIFICATE BY PASSING THAT.

SO WE'LL MAKE SURE WE PASS IT.

RIGHT. YEAH.

OKAY. UM, AND, UH, I AM WORKING ON A POSSIBLE AGREEMENT WITH, UH, FPU.

THERE'S THE OLD MULCH PIT.

UM, THAT'S NOT USED.

IT'S NOT AERONAUTICAL.

SO THAT MIGHT BE AN EASY, UH, SOURCE OF REVENUE FOR US IF WE GET THAT DONE.

SO WORKING ON THAT, I'LL MAKE SURE YOU KNOW ABOUT THAT.

UH, PROJECTS.

UM, THE FIRST ONE YOU'RE GOING TO SEE IS A HANGAR B PAVEMENT REHAB.

IF EVERYTHING GOES AS WE HAVE SCHEDULED, THAT SHOULD BEGIN IN, UH, MAY OF 2024.

AND THEN RIGHT AFTER THAT, WE HAVE A DRAINAGE IMPROVEMENT PROJECT, UM, MAINLY JUST, UH, IN THE SAFETY AREA NEXT TO ALPHA.

THAT SHOULD BEGIN JUNE 2024.

AND THEN THE BIG ONE, THE TAXIWAY REHAB OF, UH, TAXIWAY ALPHA REHAB.

UH, THAT ONE SHOULD BEGIN CONSTRUCTION OCTOBER 2024.

SO THAT'LL BE THE NEXT BIG PROJECT.

YOU'LL SEE. AND WE'LL DEFINITELY KEEP YOU POSTED.

AND, UH, UH, THIS IS THAT LITTLE RAMP AREA KIND OF WHERE THE DERELICT AIRPLANE IS PARKED.

YEAH, THE QUONSET HUT.

IS THAT PART OF THAT TAXIWAY CONSTRUCTION? IT'S NOT, BUT I AM GOING TO HAVE CONVERSATIONS.

I'VE ALREADY HAD SOME CONVERSATIONS WITH SOME ENGINEERS, AND, UH, IT SEEMS LIKE THE BEST, UH, ANSWER FOR THAT IS, UM, MAYBE TO PUT RETURN THAT TO GRASS. SO WE'RE GOING TO LOOK INTO THAT BECAUSE IT'S ACTUALLY FAILING WHERE THE DRAINAGE IS RIGHT NOW.

WE PUT SOME CONES OUT THERE AND IT'S UH, AND REALLY, FROM AN AIRPORT DESIGN PERSPECTIVE, IT'S PROBABLY BEST TO BE GRASS ANYHOW.

OKAY, SAM, ARE YOU GOING TO PLAN ON CRACK SEALING THIS YEAR? UH, BOBBY ON THAT? NO. DID WE HAVE YOU HAVE SOME AREAS MAYBE TO LOOK AT? YEAH. ARE YOU ARE YOU JUST WANT TO GET OUT THERE AND HELP, LIKE, DON'T Y'ALL USUALLY.

YEAH. WELL, YOU KNOW, I'D HAVE TO START BROWBEATING A BUNCH OF PEOPLE.

YEAH. I MEAN, THE GOOD THING IS WE GOT THE, UH, THE PAYMENTS IN PRETTY GOOD SHAPE, EXCEPT FOR, UH, 1331, AND THAT'S GOING TO BE COMPLETELY REHABBED SOON, SO MAYBE WE CAN HOLD OFF.

GOOD. WHAT'S THE I FORGET? WHAT'S THE TIMELINE ON 1331? UH, I THINK THAT'S 26, 25, 20 DESIGN 25, PROBABLY CONSTRUCT 26.

[01:10:03]

COMMISSION MEMBER REPORTS OR COMMENTS?

[8. COMMISSION MEMBER REPORTS/COMMENTS]

UM, I WOULD JUST LIKE TO BRING BEFORE THE BOARD.

UM, I FEEL LIKE I'M LACKING SOMETIMES, UH, IN THE FINANCIAL AREA, UH, AS A COMMISSION THAT, UM, NATE ALWAYS GAVE US SOME MORE FINANCIAL INFORMATION.

AND I WOULD LIKE TO TALK TO SAM ABOUT THAT MENTIONED JUST IN PASSING THAT I WOULD LIKE TO HAVE MORE, MAYBE THE FINANCIALS, BECAUSE AS WE SAY, UNLESS IT'S PART OF THE AIRPORT'S, UM, DIRECTOR'S MINUTES OR IN THE MINUTES AND HIS REPORT, I'M NOT ALWAYS AWARE OF WHAT'S COMING UP.

AS I SAID, I DON'T LIVE ON THE AIRPORT LIKE SOME OF YOU DO.

AND I DO LIKE TO KNOW WHAT GRANTS WE'VE BEEN APPLIED FOR.

UH, IN THE PASSING BETWEEN, UH, NATE AND SAM.

AND I'D LIKE TO KNOW WHERE WE ARE.

AND LAYING OUT THE THE TIMING FOR THE FUTURE UTILIZATION OF THIS MONEY SO THAT WE DON'T GO BY, UM, YOU KNOW, OUR DEADLINES AND UTILIZING IT. SAM, COULD WE GET JUST A COMMENT TO MAKE A REPORT? ABSOLUTELY. AND THEN, UH, HAVE DAVE SEND IT OUT WITH THE THING, BECAUSE WE DID USED TO GET THAT.

YEAH, I CAN DO THAT.

THANK YOU. I JUST THOUGHT IT WAS IMPORTANT FOR US.

OKAY. ANY OTHER COMMENTS? OKAY. WE'LL OPEN IT UP TO PUBLIC COMMENTS FOR ANYTHING NOT ON THE AGENDA.

OKAY. NOTHING THERE.

AND NEXT MEETING DATE IS THAT GOING TO BE FEBRUARY?

[10. NEXT MEETING DATE]

THERE WILL BE A IMMEDIATELY AFTER THE AMELIA.

YEAH. IT'S THE AMELIA ENDS THAT WEEKEND BEFORE.

NO NO NO NO NO.

OH NO THE AMELIA'S MARCH.

YEAH. OH GOOD.

IT'S GONNA BE FEBRUARY.

DON'T WORRY.

I'LL SAVE YOU A SPOT.

HEY, I HAD SO MUCH FUN CRACK SEALING WITH YOU, TOMMY.

YOU KNOW WHY NOT? OKAY, I THINK THAT CONCLUDES THE MEETING TONIGHT.

THANK YOU ALL FOR COMING.

THANK YOU.

* This transcript was compiled from uncorrected Closed Captioning.