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Agenda 05/28/2013 Item #14A1 5/28/2013 14.A.1. EXECUTIVE SUMMARY Presentation by Airport Authority's Executive Director in response to March 26, 2013 Agenda Item 14A1 directing the Airport Director to bring back pro forma financial statements supporting the Director's plan to reduce or eliminate the annual general fund transfer, and pay back the County loan. OBJECTIVE: To present pro forma financial statements in support of plan to reduce or eliminate the Airport Authority's general fund transfer and pay back the loan from the County. CONSIDERATIONS: On March 26, 2013, Agenda Item 14A1, the Airport Authority's Executive Director presented a plan to reduce or eliminate the Airport Authority's General Fund Transfer and pay back the loan from the County. The plan included • Continuing to promote aeronautical business types. • Building additional hangars at the Marco Island Executive Airport. • Exploring the potential of Sea-Plane bases at Everglades Airpark and the Marco Island Airport. • Enhancing current and developing new business partnerships. • Continuing to improve customer service. • Standardizing Airport leases, and relieving the Airport Authority of obligations to pay for utilities in some of the older leases. • Continuing to evaluate personnel levels and sharing personnel among County Airports as needed. • Exploring oil, gas and mineral rights leases. • Implementing a Catering License Agreement at the Marco Island Airport. • Construction by the Florida Army National Guard at the Immokalee Airport. • Seeking additional advertising revenue. • Continuing to improve existing infrastructure and facilities. FISCAL IMPACT: The fiscal impacts of this plan will be reflected in future Airport Authority's annual budgets. GROWTH IMPACT: There is no Growth Management Impact associated with this Executive Summary. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, presents no legal issues at this time, and requires majority support for acceptance. -JAK RECOMMENDATION: That the Board of County Commissioners, acting as the Airport Authority, accepts the pro forma financial statements as presented. Prepared by Chris Curry, Executive Director, Airport Authority Packet Page-139- 5/28/2013 14.A.1. COLLIER COUNTY Board of County Commissioners Item Number: 14.14.A.14.A.1. Item Summary: Presentation by Airport Authority's Executive Director in response to March 26, 2013 Agenda Item 14A1 directing the Airport Director to bring back pro forma financial statements supporting the Director's plan to reduce or eliminate the annual general fund transfer, and pay back the County loan. Meeting Date: 5/28/2013 Prepared By Name: BrueggemanDebra Title: Operations Coordinator,Airport Authority 5/16/2013 10:13:47 AM Submitted by Title:Executive Director-Airport Authority,Airport Authority Name: CuryChris 5/16/2013 10:13:49 AM Approved By Name: CurryChris Title: Executive Director-Airport Authority,Airport Aut Date: 5/21/2013 2:25:54 PM Name: KlatzkowJeff Title: County Attorney Date: 5/21/2013 3:37:02 PM Name: IsacksonMark Title: Director-Corp Financial and Mgmt Svs,CMO Date: 5/21/2013 4:25:13 PM Name: OchsLeo Title: County Manager Date: 5/21/2013 4:53:57 PM Packet Page-140- 5/28/2013 14.A.1. Packet Page-141- 5/28/2013 14.A.1. w 0 O N 0 O O in o 0 O d d N N . d O C N C.th 0 O .'L.' '- ; u d d . 0, t• 0 E. 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