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HomeMy WebLinkAbout04-18-2011 Regular MeetingThe Fairhope Airport Authority met Tuesday, April 18, 2011, at 4:30 PM at the City Administration Building, 161 N. Section Street. Present: Chuck Zunk, Chairman. Members: Rod Platt, Charlie Bassett, Joe McEnemey, and Howard Hadley. Attorney: David Bagwell. Absent: Pam Caudill, Dan Stankoski and Gregg Mims, City Administrator. Pandora Heathcoe, City Administrative Assistant took the minutes. Guest Speakers: Bobby Odom, Mike Hemsley, and Brett Morrow from Volkert Engineering Company. The minutes of the January 18th meeting were considered and duly approved on motion by 1st Rod Platt, 2"d by Charlie Bassett and unanimously carried. East Side Construction — Bobby Odom, Mike Hemsley, and Brett Morrow from Volkert Engineering Company were present to give an updated overview of the East Side project. The objective for the East Side is to allow additional service to more commercial jets. Phase One is the terminal and access road ways. Chuck Zunk reported that approximately 90% has been reviewed by ALDOT. All drainage meets the City of Fairhope criteria. FAA has and will continue to process funds in increments against the project. Engineering has performed an in-house peer review and has the State. Jonathan Smith, Planning and Zoning for the City of Fairhope wishes to be on the 100% review phase list also. A discussion was done concerning 3-point tie downs versus cables and the committee voted on cables. Also three other items were brought up for discussion was: static grounding, fencing/security, and access control which the committee voted that these will be discussed further at a later time. It was also discussed that the existing lighting will not require being re -vaulted. The phase construction for this project will begin as needed. Replacement of Rotary Beacon — the beacon is broken and the request for an estimate to replace both the apron and the beacon was suggested. AWOS Upgrade — The AWOS has been out of service for awhile but the electrical service has been restored. Aerator is also broken and a new one has been ordered with a cost of $500. The complete front end on the AWOS needs to be replaced, and this is also on order. East End Expansion — Chuck Zunk reported his meeting with Sonny Callahan, Braxton Kountz, and Clay Swanzy to discuss the airport hiring the Callahan firm as a lobbyist to increase the activity at the airport. 1 ATA — Charlie Bassett reported the Faulkner School Board has voiced the interest of placing an aviation school in Mobile and the possibility of placing one at the airport. He met with Chris Baker on the cost and placement of a building and also a parking lot of 75/100 parking places. The committee discussed they were interested and in favor of this potential Officer Elections/Nominations — Chuck Zunk reported that the City Council approved the new terms of the airport's previous elections. Those terms were: Chuck Zunk- Chairman; Pam Caudill -Vice Chairman; Joe McEnerney-Treasurer; and Rod Platt - Secretary. Treasurer's Report — Chuck Zunk gave each committee member current financial statements. New Business — There was no new business brought forward for discussion. There being no further business, on motion to adjourn by lst Howard Hadley, 2nd by Charlie Bassett and unanimously carried, the meeting was duly adjourned at 6:03 PM. n ,I C K CONTRACT NO. 673806.10 CONSTRUCT EAST APRON, ACCESS TAXIWAYS, AND ACCESS ROAD 90% REVIEW AGENDA April 19, 2011 INTRODUCTION II. REVIEW OF SCOPE + Project Layout + Description III. MISCELLANEOUS DESIGN ITEMS + Drainage + Fence + Tie Downs + Static Grounding IV. AUTHORITY COMMENTS V. CITY REQUIREMENTS + Permitting + Drainage + Environmental + Entrance/Driveway VI. SCHEDULE + 100% Submittal + Project Phasing + Construction CITY OF FAIRHOPE AIRPORT AUTHORITY GOVERNMENTWIDE FINANCIAL STATEMENTS MEASUREMENT FOCUS - ECONOMIC RESOURCES ACCRUAL BASIS OF ACCOUNTING MARCH 31, 2011 BALANCE SHEET ASSETS CHECKING ACCOUNT CITIZEN'S CERTIFICATE OF DEPOSIT BAY BANK CERTIFICATE OF DEPOSIT BANKTRUST CERTIFICATE OF DEPOSIT FNB CONSTRUCTION ACCOUNT RBC OPERATING ACCOUNT RBC CONSTRUCTION ACCOUNT FAA PROJECT LAND CAPITAL IMPROVEMENTS ACCUMULATED DEPRECIATION DEFERRED EXPENSE - BOND ISSUE TOTAL ASSETS LIABILITIES 2010 RBC LOAN-DEFEASE 2007 ALLIED IRISH LETTER OF CREDIT CAPITALIZATION RETAINED EARNINGS INVESTED IN CAPITAL ASSETS, NET OF RELATED DEBT NET EARNINGS TOTAL LIABILITIES AND CAPITALIZATION INCOME STATEMENT REVENUES FUEL SALES CITY OF FAIRHOPE APPROPRIATION T HANGER RENT BIG HANGER RENT OFFICE RENT INTEREST INCOME FAA GRANT EXPENSES INSURANCE PROPERTY TAX TRAVEUDUES/MEETINGS BANK FEES LEGAL PROFESSIONAL SERVICES OFFICE AND GENERAL SUPPLIES MAINTENANCE EQUIPMENT MAINTENANCE MISCELLANEOUS INTEREST EXPENSE ELECTRICITY Prepared by Rose Fogarty Finance Director ! fl/> oll TOTALREVENUES CURRENT MONTH 23,427.00 3,572.88 7,350.00 366.41 51,993.00 86,709.29 14,696.00 750.00 1,500.00 93.48 9,011.57 ENDING BALANCE 25,505.28 204,559.67 107,000.00 113,433.26 194,616.55 127,269.03 170.00 10,934,228.00 13,484,770.64 (2,427,726.00) 171,354.61 22,935,181.04 8,935,000.00 814,237.00 13,038,211.00 147,733.04 22,935,181.04 YEAR TO DATE 1,266.68 141,202.00 19,625.76 692.88 43,400.00 3,831.24 207,940.00 417,958.56 14,696.00 1,260.26 (10.00) 9,000.00 146,350.92 530.76 530.26 19,347.97 11,987.79 72,144.06 1,173.14 6,375.29 TOTAL EXPENSES 39,211.98 270,225.52 NET EARNINGS 47,497.31 147,733.04