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HomeMy WebLinkAbout12-15-2009 Regular MeetingPublic Meeting Notice Committee: Fairhope Airport Authority Date & Time: Tuesday, December 15, 2009 at 4:30 p.m. Place: Conference Room 161 North Section Street Subject: See Posted Agenda Notice must be stamped, dated and initialed before posted on bulletin board. POSTED !J-i/1/09 D~TE , (!j/JJdl}(,I ~ SIGNATURE Fairhope Airport Authoritv Agenda -December 15, 2009 4:30 p.m. in the Mayor's Conference Room City Hall-161 N. Section St., Fairhope, AL • Approval of Minutes for November 17 , 2009 meeting • Wetlands Mitigation Bank project • Donation request from USS Independence Commissioning Committee/Mobile Council Navy League • East side construction project • Treasurer's report • New business Schedule Of Future Meetings (Note: Regular meetings are on the 3 rd Tuesday of each month at 4:30 p.m. in the Mayor's Conference Room at City Hall, 161 N. Section St., Fairhope, AL.) • Next regular meeting: Tuesday, January 19 , 2010 The Fairhope Airport Authority met Tuesday, December 15, 2009 , at 4:00 PM at the City Administration Building, 161 N. Section Street. Present: Chuck Zunk -Chairman, Members Pam Caudill, Joe McEnerney, Charlie Bassett, Dan Stankoski, Howard Haldey. David Bagwell , Attorney; Absent: Dan Stankoski and Gregg Mims. Guest: Christopher Baker. Pandora Heathcoe, City Administrative Assi.;tant took the minutes . The minutes of the November 17th meeting were considered and duly approved on motion by 1st Charlie Bassett, 2nd by Pam Caudill and unanimously carried . Wetlands Mitigation Bank project -Guest, Christopher Baker brought a plat of the property showing the wetland area and discussed the status of his project. USS Independence Commissioning-Chuck Zunk reported that the USS Independence, scheduled to be built by Austal in Mobile asked for a $2,500 donation. He spoke of the importance of thE:f'ship being built here, the effect it will possibly have on our communities in the way of jobs and revenue. 1st Pam Caudill, 2nd by Charlie Bassett and unanimously carried . East Side Construction Project-Chuck Zunk reported that there wasn't any new news to report. He is still working with the Federal government to move forward. He reported that the FAA funding was passed and possibly loosen up some funds after January 1, 2010 . Treasurer's Report -Chuck Zunk handed out financial statements to everyone present. He reported that expenses were fairly the same as last year so there wasn't much of a noticeable difference . He did say however, that the large credit in the insurance account was due to a refund from the insurance carrier. This refund was due to an error by the insurance carrier for their invoice on the Festival of Flights . Joe McEnerney reported that Bryant Bank would not be handling a CD due to their banking regulation; It was motioned to void Bryant Bank as a vendor for the CD. Motions were 1st Pam Caudill , 2 nd by Joe McEnerney and unanimously carried .. He also reported however, CDs were in place at Citizens Bank, Bay Bank , and Banktrust. The CDs have the following : Citizens Bank 2 .5% 17 months 1 98 Bay Bank Banktrust 1.4% 11 months 1.0% 6 months He reported that another 100,000 original for the Bryant Bank CD would be deposited into Citizens Bank or Banktrust. Motions were 1st Pam Caudill, 2nd by Joe McEnemey and unanimously carried . New Business-Chuck Zunk reported that the repairs have been done to the beacon light and motor by the City with their boom truck. The City found and reported structural issues that will have to be addressed. The beacon will have to be replaced in the future . FAA will give grant money for this type of necessity. Chuck Zunk had spoke to Bobby at Volkert concerning this project. It may be possible to receive 95% grant money and 2 .5% from the State of Alabama. The entire project expense could possibly total between $50,000 -$90,000. Bobby at Volkert said he would continue to do more research . There being no further business and was duly approved on motion by 1st Rod Platt, 2nd by Pam Caudill and unanimously carried ; therefore, meeting was duly adjourned at 5:05 PM . 2 88