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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 05/20/2003 - FIRST READING OF ORDINANCE NO. 086, 2003, AUTHORIZ AGENDA ITEM SUMMARY ITEM NUMBER: 30 FORT COLLINS CITY COUNCIL DATE: May 20, 2003 STAFF: Dave Gordon Ron Phillips ;SUBJECT: First Reading of Ordinance No. 086, 2003, Authorizing the Appropriation of Funds for Expenditures for Capital Improvements and Operating Expenses to Improve the Fort Collins- Loveland Airport Terminal Building Facilities and for Funds to Promote Scheduled Service into the Airport. RECOMMENDATION: Staff recommends adoption of the Ordinance on First Reading. FINANCIAL IMPACT: Funding to make the improvements and operating expenses will come from revenues generated last year from the air show last year and from operating revenues generated from the new air service. EXECUTIVE SUMMARY: The Fort Collins-Loveland Municipal Airport has been approached by Allegiant Air to start scheduled service into the Airport. Negotiations with the Allegiant have been successfully completed as described below. The Cities have signed a letter of intent to provide certain funds and facilities to accommodate the service by Allegiant Air, upon the terms and conditions stated below. These conditions will also be part of a formal, written agreement with Allegiant Air. 1. Starting no later than July 31, 2003, Allegiant will begin providing no less than four scheduled flights per week of commercial passenger service from the Airport using MD 83 and/or MD 87 aircraft. 2. The Cities will reimburse Allegiant for up to $30,000 of the costs Allegiant incurs before the first scheduled flights to advertise and promote the proposed flights from the Airport. If Allegiant does not begin its flights at the Airport on or before July 31, 2003, Allegiant will repay to the Cities one-half of all advertising reimbursement monies previously paid to Allegiant by the Cities. DATE: y ITEM NUMBER: JU 3. During the first six months of Allegiant's proposed service from the Airport, the Cities will waive for each flight the Airport's $50.00 fee for aircraft rescue and firefighting services and its $50.00 fee for use of the Airport's terminal. 4. The Cities will provide at the Airport an enclosed structure suitable for holding passengers once the passengers are through security screening and the structure will be heated, air-conditioned and lighted. It will also have adequate seating, a podium for passenger services, a telephone and two portable restrooms. 5. Allegiant will reimburse the Cities for all direct costs the Cities incur for law enforcement personnel required by the Transportation Safety Agency ("I'SA") to provide security screening for Allegiant's flights except to the extent that any such costs are reimbursed to the Cities by TSA. 6. Allegiant will pay all applicable Airport fees as they currently exist and as they may hereafter be increased or decreased by the Cities. These current fees include a landing fee of $.58 per thousand pounds of aircraft certified gross landing weight and the current royalty fee collected by the Cities on fuel sold at the Airport. Funds that will be appropriated are as follows: $15,000 for reimbursement to Allegiant for advertising $16,750 for one-time capital expenses for 2003 6,650 for operating expenditures for 2003 $38,400 total expenses Anticipated revenues from the new service are estimated at $5,000 per month for the first six months of service and then $6,600 per month thereafter. Operating expenses are estimated at $1,900 per month and initial capital costs are estimated at $33,500 (see attached Pro Forma budget). The sources of funds for this appropriation are: $24,650 in Airport reserve funds 13 750 for revenues for 2003 $38,400 total revenue The improvements to the terminal building will allow other scheduled and private charter flights that are required under new Transportation Security Administration regulations to screen passengers and baggage. The result of the new federal requirements is that the terminal building is too small to handle these flights in the future. Without making these improvements the Airport will lose charter flights such as those bringing in college sport teams and professional teams anticipated from the County's Event Center. The ability to make these improvements with revenues from Allegiant flights will solve the problem of finding revenue sources in the future. DATE: may ITEM NUMBER: The benefits to the Airport and communities from this service are as follows. • The communities will once again have scheduled jet service to a major city as either a destination or for continuing on to other locations. The ticket prices are forecasted by Allegiant to be at very competitive levels. • The costs to make these improvements will be recoverable much sooner with the anticipate revenues generated from Allegiant Air. Without revenues from Allegiants' flights, the Airport's fund balance or contributions from the Cities will have to be used to make these improvements. • Making the improvements will accommodate other private and public charter flights that currently use the Airport. Those flights, and revenues, will be lost if the screening requirements cannot be met in an efficient manner. These flights are expected to increase with more university athletic flights and with the opening of the new County Event Center. • Federal FAA Entitlement funds of 1 million dollars per fiscal year will be available to the Cities once the Airport reaches 10,000 enplaned passengers. (It is anticipated the enplanements will be 20,000 passengers per year.) These funds will be used for making Airport improvements to the runways, taxiways, and ramp areas and can be used for permanent terminal building expansion. In addition, passenger facility charges (PFCs), in the amount of$4.50 maximum per passenger can be applied for. It is estimated that this will generate $80,000 per year; again these funds are restricted to Airport improvements. • The revenues generated from scheduled service will increase Airport operating revenues and will be a major step in getting the Airport to a self-sufficient status. • This type of activity is consistent with the Airport's current Master Plan which forecasted continued commercial service from the early 1990s and well into the future. The Master Plan forecasted that by the year 2003, the Airport would have 15,808 commercial service operations and 120,718 annual passengers. Since commercial and passenger loads currently well below these levels, the impact of this new service on the environment, communities and roads is well within the guidelines adopted in the current Master Plan. • The availability of the temporary building will potentially provide a facility for Airport tenants and businesses to rent when not being used by Allegiant. This type of facility is badly needed at the Airport. This Ordinance will appropriate Fort Collins' share of the funds needed to meet the City's obligations under the proposed agreement. The risk of appropriating the funds is that, if the proposed service is not successful, the airport will lose anticipated revenues to offset the capital and operating expenses. In that case, some revenues from the other charter flights will still be generated, but not as much from the scheduled service. • Fort Collins/Loveland Municipal Airport Financial Pro Forma Associated with Allegiant Air Scheduled Passenger Service May 12, 2003 ASSUMPTIONS: • 4 flights per week,Thursday, Friday, Sunday and Monday • Aircraft — 140,000 pounds max takeoff weight, 150 seats max, 130,000 pounds landing weight • 1,000 gallons of jet fuel sold for each flight • Terminal use fee of$50.00 per flight and ARFF fee of $50.00 per flight will be charged after the initial six months • Auto parking charged a$3.00 per day per car, estimate 50 cars per day for 5 days/week • A 2,000 square foot temporary building will be leased for secure passenger space REVENUES FOR FIRST 5.5 MONTHS (2003) TOTAL $5,000/month $27,500/5.5-months REVENUES FOR THE NEXT 12 MONTHS (2004) TOTAL $6,600/month $79,200/year • OPERATING EXPENSES FOR FIRST 7 MONTHS (2003) Operating $ 1,900/month $13,300/7 months Advertising $30.000/7 months TOTAL $1,900/month $43,300/7 months OPERATING EXPENSES FOR THE NEXT 12 MONTHS (2004) TOTAL $1,900/month $22,800/ ear CAPITAL EXPENDITURES (2003 ONLY) Portable building $29,500 $29,500 Auto parking equipment $4,000 $ 4,000 TOTAL CAPTI'AL COSTS (2003) $33,500 Capital costs will come from the airports air show revenues from last year and capital funds in this year's budget that will not be spent this year. MAY-12-2003 MON 02:43 PM FAX NO. P. 02/03 • �rC, FORT COLLINS • LOVELAND MUNICIPAL AIRPORT May 12, 2003 LETTER OF INTENT SLNT BY FAX TO 702,-��0"9759 Mr. Andrew Levy Secretatyffreasurer Allegiant Air, Inc. 3291 North Buffalo Drive, Suite 7 Las Vegas, NV 89129 Itr: Proposed Scheduled Air Carricr Service at the Fort Collins-Loveland Municipal Airport Dear Mr. levy: The purpose of this letter is to set forth the intent and understanding of the City of Tort Collins and the City of Loveland Qointly "the Cities") and of Allugiant Air, Inc. ("Allegiant") concerning Allegiant beginning sclicduled air carrier service no later than July 31, 2003, from the Fort Collins-Loveland Municipal Airport ("the Airport"). The Cities and Allegiant acknowledge and agree that this letter is not a contract but is intended only as a non-binding expression of the terms and conditions under which Allegiant would provide its proposed scheduled air carrier service at the Airport. These terms and conditions arc as follows: I. Starting no later than July 31, 2003, Allegiant will begin providing no less than four scheduled flights per week of commercial passenger service from the Airport using MD 83 and/or MD 87 aircraft. 2. The Cities will reimburse Allegiant for up to S30,000 of the costs Allegiant incurs before the first scheduled flights to advertise and promote the proposed flights from the Airport. if Allegiant does not begin its flights at the Airport on or before July 31, 2003, Allegiant will repay to the Cities one-half of all advertising reimbursement monies previously paid to Allegiant by the Cities. 3. During the first six months of Allegiant's proposed service from the Airport, the Cities will wiivc for each flight the Airport's $50.00 fee for aircraft rescue and firefighting services and its $50.00 fee for use of the Airport's terminal. 4. The Cities will provide at the Airport an enclosed structure suitable for holding passengers once the passengers are through security screening and the structure will be heated, air-conditioned and lighted. It will also have adequate seating, a podium for passenger services, a telephone and two portable restrooms. 5. Allegiant will reimburse the Cities for all direct costs the Cities incur for law enforcement personnel required by the '1'ransportation Safety Agency ("TSA') to ptrovide security screening for giant15 . flights except to the extent that any such costs are reimbursed to the Cities by TSA. 4900 Cdrlun Kn.rd•Lmai.lnd,Colrvndo 110535 •(971n 962-2050• TAX'142-21455 MAY-12-2003 MON 02:43 PM FAX NO. P. 03/03 6. Allegiant will pay all applicable airport fees as they currently exist and as they may hereafter be increased or decreased by the Cities. These current fees include a landing fee of S.58 per thousand pounds of aircraft certified gross landing weight and the current royally fee collected by the Cities on fuel sold at the Airport. By the Cities and Allegiant signing this Letter of Intent as provided below, the parties are indicating their desire to proceed to prepare and enter into a written and binding contract concerning the terms and conditions described above. By signing below, Allegiant also acknowledges that it understands that the monies needed by the Cities to meet their financial obligations under the binding contract will need to be appropriated by the respective city councils of each of the Cities and appropriated in the manner required by their respective charters aid codes. If either of the city councils chooses not to appropriate these monies, the contract between the Cities and Allegiant will be null and void. If Allegiant accepts this Letter of Intent,please have it signed below and faxed to John Duval, Loveland City Attorney, at 970-962-2900, by tomorrow, Tuesday, May 13, 2003, at 5:00 p.m. mountain daylight savings time. Once faxed, the Cities will instruct their Airport legal counsel to prepare for Atlegiant's review a draft of the needed con(racl. Meanwhile, should you have any questions about this proposal, please contact the Cities' Airport Manager, Dave Gordon, at 970-962-2852. Sincerely, Sincerely, 9oeFisclibach Michael J.Hart Port Collins City Manager Loveland Deputy City Manager Allegiant Air, Inc. accepts this Leiter of Intent this day of May, 2003. ALLEGIANT ATR, INC. By: Andrew Levy,Secretary/Treasurer ORDINANCE NO. 086, 2003 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE APPROPRIATION OF FUNDS FOR EXPENDITURES FOR CAPITAL IMPROVEMENTS AND OPERATING EXPENSES TO IMPROVE THE FORT COLLINS- LOVELAND AIRPORT TERMINAL BUILDING FACILITIES AND FOR FUNDS TO PROMOTE SCHEDULED SERVICE INTO THE AIRPORT WHEREAS, in 1963, the City of Fort Collins (the "City") and the City of Loveland agreed to the establishment of a regional general aviation facility and became owners and operators of the Fort Collins-Loveland Municipal Airport (the "Airport"); and WHEREAS, the Airport is operated as a joint venture between the City and the City of Loveland (the "Cities"), with each city retaining a 50% ownership interest, sharing equally in policy-making and management, and with each assuming responsibility for 50% of the capital and operating costs associated with the Airport; and WHEREAS, the Airport has been approached by Allegiant Air to start scheduled service into the Airport; and WHEREAS, the City Managers of the Cities have signed a letter of intent to provide certain funds and facilities to accommodate the services to be provided by Allegiant Air, subject • to the city councils of the Cities appropriating the funds to meet the Cities' obligations under the agreement; and WHEREAS, the letter of intent outlines the service to be provided and the financial responsibilities of Allegiant Air to the Airport; and WHEREAS, the Cities have agreed to provide Allegiant Air with funds totaling $30,000 for advertising costs in advance of Allegiant's first flight, and to provide an enclosed structure at the Airport to accommodate passengers on Allegiant's flights, at an estimated additional cost of $33,500; and WHEREAS, in addition, the estimated operating costs to the Airport associated with Allegiant's services will be approximately $13,300 ($1,900 per month), assuming that Allegiant Air operated at the Airport from July 1, 2003 through December 31, 2003; and WHEREAS, the City's share of the 2003 Airport costs associated with the Allegiant Air service will be as follows: Advance advertising costs $ 15,000 One-time capital expense -new passenger structure 16,750 Operating costs for six months in 2003 6,650 Total $ 38,400 WHEREAS, the current balance in the Airport's operating fund, which consists partially of revenues earned from the air show held at the Airport in July, 2002, is more than adequate to cover the foregoing costs; and WHEREAS, under the intergovernmental agreement between the Cities, the City's share of the Airport revenue is being held by the City of Loveland, as an agent on behalf of the City, since the City of Loveland is providing finance and accounting services for the Airport; and WHEREAS, in accordance with Article V, Section 8(b), of the Charter of the City of Fort Collins (the "Charter"), any expense or liability entered into by an agent of the City, on behalf of the City, shall not be made unless an appropriation therefor shall have been made by the City Council; and WHEREAS, it is the desire of the City Council to authorize the appropriation of$38,400, of the revenues held by the City of Loveland, as agent and partner of the Fort Collins-Loveland Airport, to be used for capital improvements and operating expenses to improve the Airport's terminal building facilities and to promote scheduled service into the Airport. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Council hereby authorizes the appropriation of THIRTY EIGHT THOUSAND FOUR HUNDRED DOLLARS ($38,400) to be used for capital improvements and operating expenses to improve the Airport's terminal building facilities and to promote scheduled service into the Airport. Introduced, considered favorably on first reading, this 20th day of May, A.D. 2003, and to be presented for final passage on the 3rd day of June, A.D. 2003. Mayor ATTEST: City Clerk Passed and adopted on final reading this 3rd day of June, A.D. 2003. Mayor ATTEST: City Clerk STATUS REPORT ON CITY COUNCIL REQUESTS Requested Date By Request Requested Completed Status/Comments 1 Hamrick When will HOA restrictions be coming forward? 03/18/03 d City Manager advised recommendation (03/18/03) would be on April 30 Water Board agenda, May 1 P&Z agenda, and to Council on May 20 S 2 Martinez Question regarding benefits/pay for employees 04/15/03 d City Manager will have report by 05/09/03 called to active duty (05/09/03) 3 Tharp Would like progress report on Platte Valley 04/15/03 d City Manager provided report Pipeline project (04/16/03) 4 Tharp Would like update on how expensive it is for the 04/15/03 d City Manager provided report City to rent water (04/16/03) 5 Bertschy Would like information on budget available to 04/15/03 d City Manager provided information maintain historic nature of trolley tracks on East (04/16/03) Mountain 6 Martinez PVH—Committee with PFA to plan 05/06/03 PVH sent email on 05/07/03 reminding them. transportation/ambulance service for new hospital 7 Council Send out helmet law memo from December 05/06/03 d City Manager to send to Lew Lachman and (05/08/03) in Council Packet of 05/08/03 8 Roy Do other communities have helmet laws? 05/06/03 d Included as part of memo (05/08/03) O 9 Roy Jet Center—does it have a$5 million insurance 05/06/03 City Manager to check policy? t bd H 10 Martinez Put"time limits"on agenda for each item 05/06/03 City Manager to try for several months 5 rn 11 Council Revisit Resolution on meeting limits in three 05/06/03 Revisit in September 2003 H months. Deal with Pulled Consent items Updated: May 14, 2003 (1:38pm)