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HomeMy WebLinkAbout2001-12-13 Airport Commission Packet KENAI AIRPORT COMMISSION DECEMBER 13, 2001 KENAI CITY COUNCIL CHAMBERS 7:00 P.M. ***AGENDA*** ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ao ITEM 6: ao b° Co ITEM 7: ao ITEM 8: ITEM 9: ITEM 10: a° b, ITEM 11: CALL TO ORDER AND ROLL CALL AGENDA APPROVAL APPROVAL OF MINUTES -- November 8, 2001 PERSONS SCHEDULED TO BE HEARD OLD BUSINESS Discussion -- Travel A§ency Concession Bid NEW BUSINESS Recommendation -- Alaska Adventure Air Proposal for Temporary Office Buildin§/Float Plane Basin. Recommendation -- Special Use Permit/Challen§er Learnin§ Center Kiosk in Airport Terminal. Discussion -- Terminal Parking Discussion -- Request for FAA Funding -- Hotel/Convention Center Funding in Conjunction with Economic Development for the City. REPORTS Commission Chair Airport Manager City Council Liaison COMMISSIONER COMMENTS AND QUESTIONS PERSONS NOT SCHEDULED TO BE HEARD INFORMATION ITEMS Kenai City Council Meeting Action Agendas for November 7, 21, and December 5, 2001. 11 / 01 Kenai Municipal Airport Airport Capital Improvement Program (ACIP) ADJOURNMENT KENAI AIRPORT COMMISSION NOVEMBER 8, 2001 KENAI CITY COUNCIL CHAMBERS 7:00 P.M. ***AGENDA*** ITEM 1' CALL TO ORDER AND ROLL CALL ITEM 2: AGENDA APPROVAL ITEM 3: APPROVAL OF MINUTES -- October 11,2001 ITEM 4: PERSONS SCHEDULED TO BE HEARD ITEM 5- OLD BUSINESS ITEM 6: NEW BUSINESS Discussion -- Attracting New Business and Improving Services to Existing Businesses at the Kenai Airport. ITEM 7' REPORTS , , ao Commission Chair Airport Manager City Council Liaison ITEM 8: COMMISSIONER COMMENTS AND QUF~TION.~ ITEM 9: PERSONS NOT SCHEDULED TO BE H_EA~D ITEM 10- INFO~TION ITEMS Kenai City Council Meeting Action Agendas for October 3 and 17, 2001. ITEM 11' ADJOURNMENT KENAI AIRPORT COMMISSION NOVEMBER 8, 2001 KENAI CITY COUNCIL CHAMBERS 7:00 P.M. CHAIRMAN HENRY KNACKSTEDT, PRESIDING MINUTES ITEM 1' CALL TO ORDER AND ROLL CALL Chairman Knackstedt called the meeting to order at 7'08 p.m. confirmed as follows: Roll was taken and Present: Absent' Others Present: Staff Present: Public' Knackstedt, Haralson, Kleidon, Elson, Bielefeld, Van Zee Holloway Mayor Williams, Councilman Moore, Councilwoman Swarner, Councilman Bookey, Councilwoman Porter, Councilwoman Jackman, Councilman Bannock (arrived at 7:40 p.m.) Airport Manager Cronkhite, Finance Director Semmens, City Manager Snow, Department Assistant Harris LarrY Porter, Mark Carr, Dr. Jim Zirul, Marcus Garner and Jay Barrett ITEM 2: AGENDA APPROVAL MOTION: Commissioner Haralson MOVED to approve the agenda as presented. Commissioner Kleidon SECONDED the motion. There were no objections. SO ORDERED. ITEM 3' APPROVAL OF MINUTES -- October 11,2001 Commissioner Haralson requested a change in the minutes of October 11,2001 to read' Item 5 (John Bartels)" .... as a result of low tie-down tenants." There were no other changes or amendments to the minutes and they were approved as amended. ITEM 4: PERSONS SCHEDULED TO BE HEARD -- None' ITEM 5- OLD BUSINESS-- None ITEM 6' NEW BUSINESS Discussion -- Attracting New Business and Improving Services to Existing Businesses at the Kenai Airport. Mayor Williams provided the group with an overall objective to the meeting, adding that the attraction of new businesses and the improvement of existing services at the Kenai Airport is a larger issue than just taxation. After a brief introduction of those present, Williams asked the group to address any concerns and comments regarding the airport. The following concerns were addressed in an open-forum manner: (Items have been grouped and were not necessarily discussed in the following order). · Fuel availability, fuel tank regulations, bulk fuel options, fuel costs.; · Runway status and extension; Taxation/Exemption, Tie down fees; · Airport facilities: Hangar options, tower issues, availability of mechanical services; and, · Float Plane Basin Slip Locations Fueling: The Float Plane Basin currently has a credit-card system for purchasing fuel that is bought by the city. Due to the lack of vendor interest, the system was purchased by the city. Additionally, it is maintained by the city with all generated revenue collected by the city. The city's price for fuel is set by a competitor's price t° ensure fair rates. Commissioner Van Zee commented this system was originally put in place to try to attract tenants and make the area more desirable. Councilwoman Porter, along with Larry Porter (Kenai), stated at one point they had their own fuel tanks at the basin, but were forced to remove them. Porter stated, despite taking many measures to ensure safety, the reasons for requiring the removal included the potential for vandalism and tank failure. Commissioner Elson stated aboveground fuel tanks are not allowed within city limits according to the State Fire Code, though mobile (truck-mounted) fuel tanks are allowed, providing the trucks are indeed mobile. The group also spoke regarding bulk fuel pre-purchasing options (bulk fuel would require mobile tanks). Direction: Request information from bulk fuel providers for policy on special rates for bulk fuel users (more than 1,500 gallons a month). Runway Status and Extension: The Float Plane Basin runway is currently 3,500 feet. L. Porter, Carr, and Dr. Zirul all stated that taking off from the Float Plane Basin with a fully loaded plane is not possible due to safety restrictions. All agreed an extension of 500 feet would help alleviate take-off hazards. The group discussed runway extension possibilities and Airport Manager Cronkhite explained to the group the main runway is on the Airport Capital Improvement Project list for extension in 2004. Cronkhite stated she hoped to designate the north end of the Float Plane Basin as a materials site and later convert the gravel pit into a runway extension. But, Cronkhite stated, because of recent FAA funding diversions, it was not known when this will be'done. Direction: Target a specific.time period for the runway extension that will enable the Float Plane Basin runway extension by means of materials site designation. AIRPORT COMMISSION MEETING NOVEMBER 8,2001 PAGE 2 Taxation/Exemption, Tie-down Fees: The Airport Commission had passed a motion at their last meeting requesting Council to amend the Kenai city tax code to both reflect a $100,000 exemption on aircraft and to amend the Kenai Peninsula Borough {KPB) aircraft tax code to a fiat tax. Finance Director 8emmens provided the group with the economic details of each request. Additionally, the following group topics were addressed' The tie-down rate at the Kenai Airport is the same as Soldotna. ~. A complete private property exemption could cost the city $175,000. If the city adopted a flat tax on aircraft, it would be only for aircraft; boats would not be included. Exemptions or flat tax rates need to be determined on a rational basis as such exemptions could create requests for many more. The city will lose $30,000 on tax revenue (as 57 accounts are currently considered). It is not certain the city will make up this revenue with additional tenants paying at an exemption or flat tax rate. Lost tenants, some of who are registered and paying taxes in other boroughs, may be lured back if comparable rates are given. Councilman Bannock provided the group with a brief overview and background on the taxation issue beginning with boat owners. Bannock also stated he felt there were inequities in the tax exemption theory. If a flat tax is adopted, it should include motorhomes and be based on gross weight. Exemptions should be based from (not up to) $100,000. The gain of additional tenants will create a trickle down effect. Revenue could be gained by additional services' sales tax revenue, mechanical services, etc. Direction: Determine the cost of collecting the currently taxed aircraft vs. potential revenue generated by additional tenants paying a flat-tax or exempted tax. Airport Facilities: The group discussed and commented on the following topics: · Kenai Airport currently has only one mechanical service available. · Some aircraft owners dislike the tower. Several group participants theorized the tower contributed to an aircraft owner's decision to tie-down elsewhere. · A hangar could attract more users. The group discussed several aspects of building a T-hangar including: -- Hangars are very expensive to build. The T-hangar idea has been previously researched, proposed, and declined due to lack of pavement and general enthusiasm in the previous plan. -- Haralson stated that if a hangar was built, many industries could profit, i.e. insurance, mechanics, airport growth, etc. -- Tax incentives and subscription-type investment could help the private industry build a hangar. AIRPORT COMMISSION MEETING NOVEMBER 8,2001 PAGE 3 Float Plane Basin Slip Locations: L. Porter explained to the group commercial operations slip locations are currently at the end of the Basin and create a wake problem, as it is necessary to tax/to the end to pick up passengers. This wake creates a 2-3 foot wave and can cause erosion to planes. To alleviate this problem, the group suggested re-designating slip locati.ons to better serve commercial users. Cronkhite mentioned several terrain problems involved with re-designation and added, drawings would be available at the next Airport Commission meeting so the subject can be explored further. Direction: Determine logistics of re-designating commercial slip locations at the Float Plane Basin. Public Comments: Mark Carr (Alaska West Air}---Carr stated he was starting a single Pilot operation from the float plane basin. His concerns included: · Available utilities: Carr stated the Kenai Airport has very limited mechanical services available. · Fuel availability at floatplane basin area -- Carr stated he would like his own fueling set-up at the basin. · Runway extensions. Carr stated it was not possible to take-off with a fully loaded plane. He stated an extension of 500 feet would help create a larger safety margin. Carr compared the length of the Float Plane Basin (3,500 feet) to that of Island Lake which is one mile in length. Dr. Jim Ztrul {Kenaik--Zirul's concerns included the following: · The airport almost lost his business; no specifics were stated. · The tax issue is not the only reason why people have left and would not be the only reason to bring people back. zirul stated an exemption or fiat-tax could be made up by additional airport tenants. · Addressing the fuel issue, he requested more information regarding mobile tanks and bulk fuel. Larry Porter (Kenai)--Porter's concerns included the following: The current location of commercial slips should be re-designated to alleviate wake related aircraft erosion created by taxiing to the far end of the basin. Addressing the fuel issue, he stated he had a personal fueling system at the Float Plane Basin, however despite taking many measures to ensure safety, Porter was required to dismantle his fuel tank. Item 6 concluded at approximately 9'15 p.m. Chairman Knackstedt requested a 10- minute break to allow the public and council members to depart. AIRPORT COMMISSION MEETING NOVEMBER 8, 2001 PAGE 4 ITEM 7: REPORTS Commission Chair-- No report Airport Manager -- No report City Council Liaison -- No report ITEM 8: COMMISSIONER COMMENTS AND QUESTIONS -- None . ITEM 9' PERSONS NOT SCHEDULED TO BE HEARD -- None ITEM 10' INFORMATION ITEMS 10-a. Kenai City Council Meeting Action Agendas for October 3 and 17, 2001' ITEM 11' ADJOURNMENT MOTION: Commissioner Kleidon MOVED to adjourn and Commissioner Van Zee SECONDED the motion. There were no objections. SO ORDERED. The meeting adjourned at approximately 9'25 p.m. Minutes transcribed and prepared by: Sharon Harris, Department Assistant AIRPORT COMMISSION MEETING NOVEMBER 8,2001 PAGE 5 nal Municipal Airport Memo TO' From: Date: Subject- Airport Commission Rebecca Cronkhite, Airport Manager~ December 5, 2001 Travel Agency Concession Bid As many of you are aware, the bid process for the travel agency concession was put on hold following the events of September 11. Alaska's Best Travel's Special Use permit was extended to February 28, 2002. Dottie Fischer, owner of Alaska's Best Travel, has requested that we proceed with the bid process. The proposed schedule is attached for your information. Attachment www.ci.kenai.ak.us. /~£NA/ AIRPORT TRAVEL AGENCY CONCESSION BID SCHEDULE The City of Kenai is requesting bids for a travel agency concession in the airport terminal building. Bid packets may be picked up at the Airport Manager's office in the terminal building, 305 N. Willow, Suite 200, Kenai, Alaska. If you have any questions, please call 907-283-7951, ext. 22. Date/Time Event 12/19/01 Travel Agency Invitation to Bid & Bid Schedule to Council for Approval 1/2002 Advertising Other information 1/31/2002 Bid Opening 10:00am. 1/31/2002 Successful bidder in Council packet Airport Manager's O~oe 2/6/2002 3/01/2002 iii i Council awards lease to successful bidder New travel agency concession starts Kenai Airport 305 N. Willow, Suite 200 Kenai, AK 99611 Phone: 907-283-7951 Fax: 907-283-3737 Email: ENAadmin@ci.kenai.ak. us nal Municipal Airport Memo To: From: Date: Subject: Airport Commission Rebecca Cronkhite, Airport Manager December 5,2001 Alaska Adventure Air Proposal Attached is a proposal from Mark Carr, owner of Alaska Adventure Air, requesting use of the floatplane basin. The airport has met with Mr. Carr several times to discuss the details and how we may successfully accommodate his operation. It is our recommendation that Alaska Adventure Air lease a commercial tie-down slip at the floatplane basin (see attached drawing) and be issued a Special Use Permit allowing placement of a temporary office building on an adjacent site. The proposed cost for the building space is a $100.00 per month. This cost is based on fees previously charged for similar spaces to ERA HelicoPters and the State of Alaska Division of Forestry. Telephone and electricity are available at this location. Mr. Carr indicated that natural gas is not a requirement at this time. The airport will provide additional portable restrooms at $155.00 per month per unit to accommodate the operation. The float basin sign was repainted for $500 and additional signage will be provided if necessary. Aircraft fueling will be accomplished from a portable tank owned and maintained by Alaska Adventure Air. Details are being worked out with assistance and expertise from the Kenai Fire Department. This arrangement is the most operationally efficient and cost effective for Mr. Carr. Mr. Carr is rearranging his schedule to attend the December 13, 2001, Airport Commission meeting to answer any questions you may have. Does the Airport Commission wish to recommend that the Airport develop a Special Use for Alaska Adventure Air to place a tempora~ office building in the commercial tie-down area at the floatplane basin? Attachment www.ci.kenai.ak.us. · ; ~PORT. ~¥ ..... ..: · ),IAiP :~TB£~' LOOP. ., .,. · _ . -4 . ,.~ .. ~_.' . ~ · ., ... ~. .-~ ,.. .: ., ........ ..:-~,~-'._~'~'~"~ ....... . ....... --- ...' ' . .... . ';--~ .~ .. . . ,i . I . ...~-L ...... ...~ . ...... · r~..... o ~/W (?s'~no£) ~) TAX'WAY ~.') .lC: ,.~ · I.n I "i October 30, 2001 Alaska Adventure Air 160 Phillips Kenai, AK 99611 (907)283-3895 City Of Kenai Airport Manager Rebecca Cronkite 210 Fidalgo Ave., Ste. 200 Kenai, AK 99611 Dear Ms. Cmnkite: As requested, we are entering a proposal for the City Of Kenai for usage of the Float Plane Basin for Mark Carr d.b.a. Alaska Adventure Air. Our proposal includes: 1. Operations out of the float plane basin during the summer months, generally late Apdi until late September. In addition, 2. our operation would require the following utilities: a... phone, b.- electricity, c naturalgas, ~' 3. we would be in need of fueling access at our slip, _ 4. an area for a temporary, portable office building and 5..~ an adequate parking area. -. We understand that the City of Kenai may have concerns with regards to noise abatement; we believe that even with our extended departures that this will not cause a problem as our proposed operating ames will be: 6:30 a.m.- 9:00 p.m. We would like to inquire as to which spaces will be available because we would prefer to have a spaco that is closest to the taxi way. We are also interested in any plans the City of Kenai has as regards to: 1. Adding any additional taxi ways, 2. lengthening the float plane basin and· · · . 3. adding additiOnal signage on the mad indicating directions to the float plane basin. Thank you for considering our proposal. Please let us know if you have questions, ., .-. MarkCarr Owner nal Municipal Airport "S i g G Ker a Memo To: From- Date: Subject: Airport Commission Rebecca Cronkhite, Airport Manager December 5, 2001 Challenger Kiosk in Terminal Mayor Williams has requested that Challenger Learning Center be allowed to place a small fundraising kiosk in the Airport Terminal. I have met with Steve Horn, Director of the Challenger Learning Center, and he has identified a possible location, which is indicated on the attached diagram. I have also 'attached a draft Special Use Permit and a photo of the proposed kiosk for your information. Does Airport Commission wish to recommend Council authorize the City Manager to enter into a Special Use Permit with the Challenger Learning Center? Attachments www. ci.kenai.ak, us. Draft SPECIAL USE PERMIT DATE' December 6, 2001 The CITY OF KENAI (hereinafter sometimes referred to as CITY), whose address is. 210 Fidaigo Avenue, Suite 200, Kenai, Alaska 9961 1-7794, for the considerations and pursuant to the conditions and requirements set forth below hereby grants to' ALASKA CHALLENGER CENTER 9701 Kenai Spur Highway Kenai, AK 99611 hereinafter sometimes referred to as the PERMITTEE, the right to that area in the Kenai Airport Terminal as designated by the Airport Manager on the attached diagram, for the purpose of a fund raising kiosk. 1. Term' This special use permit shall be in effect on XXXXX, 2002, to XXXXX, 2002. The permit period may be extended by mutual consent of both parties. 2. Permit Fees' Waived 3. Right of Entry: XXXXXX, 2002 4. Place and Time of Payments' WAIVED 5. Use' The use by the PERMITTEE of the premises described above is limited to the purposes specified herein and is not intended to grant any exclusive use to the described premises unless otherwise provided above This use is also subject to the reasonable administrative actions of the City of Kenai for the protection and maintenance of the premises and of adjacent and contiguous lands or facilities. 6. Insurance' The PERM ITTEE shall provide proof of insurance coverage on the kiosk. Such insurance coverage shall be an amount satisfactory to the City. 7. Unit Maintenance' The PERMITTEE shall be solely responsible for the maintenance and for keeping the unit clean. 8. Loss or Damaqe' The City of Kenai is not responsible for any damage to or theft from the kiosk. December 6, 2001 Page 1 of 3 Draft 9. Forbearance' Failure to insist upon a strict compliance with the terms, conditions and requirements herein contained or referred to, shall not constitute or be construed as a waiver or relinquishment of the right to exercise such terms, conditions or requirements. 10. Regulations' The exercise of the use granted herein is at all times to be subject to the regulations governing the Kenai Municipal Airport titled "Kenai Municipal Airport Regulations", issued in 1976 or any amendments thereto. By signing this permit, the PERMITTEE acknowledges that he has received a copy of said regulations and has familiarized himself therewith and will comply with the requirements of said regulations. 11.Solicitation' Solicitation of donations or the promotion or operation of any part or kind of business or commercial enterprise not contemplated by this Special Use Permit upon, in, or above airport lands without the written consent of the CITY, is prohibited. 12. Installation' The kiosk and the installation of shall be subject to approval by the Airport Manager. 13. Removal of Property: Any or all personal or real property placed or used upon lands or in facilities in violation of the preceding prohibitions may be removed and/or impounded, such property may be redeemed by the owner thereof only upon payment to the CiTY of the costs of removal plus storage charges of $25.00 per day. 14. Cancellation' CiTY reserves the right to cancel this permit or to reassign PERM ITTEE to a different location on 14 days written notice, either delivered in person to the authorized representative named herein or his replacement or by mail to the address set out above. Any or all personal or real property shall be removed at users expense upon cancellation or termination of this agreement. PERMITTOR' CITY OF KENAI By' Linda L" Snow '-City Manager December 6, 2001 Page 2 of 3 Draft PERMITTEE: By'_ Name- Title STATE Of ALASKA THIRD JUDICIAL DISTRICT ) )ss ) THIS IS TO CERTIFY that on this day of ., 2001, LINDA L. SNOW, City Manager of the City of Ken,i, Alaska, being personally known to me or having produced satisfactory evidence of --identification, appeared before me and acknowledged the voluntary and authorized execution of the foregoing instrument on behalf of said CITY. Notary Pui~.lic for Alaska... My Commission Expires' STATE Of ALASKA THIRD JUDICIAL DISTRICT ) )ss ) THIS IS TO CERTIFY that on this day of 2001, ........ being personally known to me or having produced sat'isfaCtory evidence of identification, appeared before me and acknowledged the voluntary and authorized execution of the foregoing instrument. Notary Public'for Alaska~' My Commission Expires' December 6, 2001 Page 3 of 3 -'l i _ nal Municipal Airport 305N. WILLOWST. SUFrE200 KENAI, ALASKA 99611 TELEPHONE 907-283-7951 FAX 907-283-3737 Memo To: From' Date.: Subject: Airport Commission Rebecca Cronkhite, Airport Manager December 6, 2001 Terminal Parking As winter settles in, the loading and unloading area in frOnt of the Terminal has become more of an enforcement issue. The Airport staff has continued to brainstorm and look for ways to improve the signage and information so the public is aware of the parking restrictions; however, we continue to have times when the area is jammed. We recognized last year that the traffic flow and parking patterns needed improvement, and money was budgeted for "Sidewalk and Parking Area Design. I am working with the City Engineer to develop an RFP for this project. In the meantime, I would appreciate ideas from the Commission on ways we might improve our signage or other information to encourage the traveling public to utilize the driveway for loading and unloading. I have received a number of suggestions from towing all unattended vehicles - like they do at the big airports---to just closing off the driveway and making everyone go to the parking lot. I am really looking for a solution that will allow people to drive up to the terminal, stop parallel to the sidewalk and either pick up or drop off passengers and baggage. I would also like to extend the privilege for people traveling alone to leave their vehicle and bring their baggage into the terminal without the risk of their car being towed. These are my goals, and I would appreciate any suggestions you may have to help accomplish this in the short term while we work through the "Sidewalk and Parking Area Design" process, including the hiring of a traffic consultant. www.ci.kenai.ak.us. KA'S CoN'VENTIONS/[RE UTGROWI THEIR HAL BY MELISSA CAMPBELL Sales people working for the. John Mazor, president of the Juneau state's convention centers have Convention and Visitors Bureau. learned to get a little more crc- Presidents of several of the state's ative in doing their jobs these days. There's only so much space in the state's convention centers, and space is generally booked years in ad- vance. The larger hotels often have some meeting space. But sometimes it just isn't enough. That's where creative space-hunting comes in. In Juneau, for example, the fish hatchery and the facilities atop the Mount Roberts Tramway have been used for gatherings. How does a meeting in the Sitka raptor center sound? Or an event at the Alaska State Fairgrounds in Palmer? ~We can use these when people are looking for a special place, and they can pull a theme into an event," said convention centers say their cities have outgrown their convention meet- ing spaces and if their towns, and the state, want to compete in this fast- growing market, they have to expand. While those in the industry say it's impossible to know exactly how much money is generated internationally through various conventions and meetings, they say it's easily a multi- billion-dollar market. In one of the nation's largest convention-holding cities, for example, Chicago last year hosted nearly 7.6 million delegates who spent about $6.3 billion, ac- cording to the Chicago Convention and Tourism Bureau. Those in Alaska's convention industry have no dreams of bring- ing in those kind of numbers, but many say adding square footage to local convention space would help their towns and the state grow. As the state's largest convention site, Anchorage hosted nearly 102,000 delegates last year who generated an estimated $70 million in local spending on such things as travel, ho- tels, dinner and souvenirs, according to the Anchorage Convention and Visitors Bureau. Delegates last year spent about $12.5 million in Fairbanks and $8.1 million in Juneau, accord- ing to those convention bureaus. With added hall space, and the ser- vice facilities to support it, the sate could draw thousands more delegates who will spend millions more in lo- cai cities, bureau presidents say· www. akbizma;.com * Alaska Business Monthly · November 2001 ciety will hold its 2005 convention in ,'-knchorage. Up to 2,000 fisheries sci- en~/sts and educators will spend several days in the middle of the world's ideal fishing haven. Dodds, sales manager for the Anchorage Convention and Vis- itors Bureau, spent four years working to get the nauonal conservation and re- search group to choose Alaska over the coundess other sites available. Unfortunately, that means little else can be booked for that time frame, Dodds said. And when the larger ha, ti'onal and international groups book their dates, the smaller, mostly statewide, groups have to settle for the less desirable time slots and locations because there just isn't enough space for them. Anchorage's 90,000-square-foot Egan Civic and Convention Center has long since outgrown its potential, said Bruce Bustamante, Anchorage's con- vention bureau president. Conventions in Anchorage are limited to about 2,000 people, fewer if delegates want a sit- down dinner or an extensive trade show. Trade shows often are set up across the street at the Alaska Center for the Performing Arts. While the arts facility is connected to the Egan Center by a skybridge, it's still a nega- tive point for convention organizers. "The (arts center) is not a conven- tion faciliw,' Dodds smd. "It's helped a lot, but groups like to have eve ,rything under one roof." And the Geor~ Sunivan Sports Arena isn't a good option either, Bustamante said. The sprawling 32,000-square-foot chamber is great for large concern or a basketball game, but it does not pro- vide the best setting for a meeting. Plans have been drawn up for a new civic and convention center in An- chorage that would allow just that. Two studies in the last three years have looked into a new civic and convention center, the most recent released in June. The latest study, prepared by RIM Ar- chitects and LMN Architects, suggests two sites for the new center: one on Ship Creek west of the railroad head- quarters building and the other on a va- cant lot just east of the Simon Fifth The proposed center would span 280,000 square feet and will include a 40.000-square-foot lobby area and up tO 50,000 feet of exhibit' space. The new faciliw also could include · retail outlets, davcare facilities and more parking, said Rod Pfleiger, execum'e di- rector of the Anchorage Downtown Part- nership. This would bring more people and businesses to the downtown area, helping to strengthen the community,. The proposed center would cost an estimated $100 million. The study rec- ommended an increase in the city;s bed tax from 8 percent to 12 percent, putting the money raised toward paying off bonds used to fund the project. Selling or leasing the Egan Center and seek- ing state and federal money also was suggested. A nonprofit task' force was set up to work toward getting taxpayer approval for the new center. "If you have the facility, the citi- zens will use it. They're knocking on the door for more f~.cilities," Pfleiger said. "It has to be market-driven or we can't support it. If it will create and strengthen activities in downtown and The Iocal~ons you need, I~e cluality you desire and the serv~ you expect. Every Westm~ Hotel offers a delectable range of dining and bancl~ se~ces, meeting facilities, comfortable rooms, convenient downtown locations and warm northern hosl3itality. Call us today so we may start olanning your next business meeting, event or that executive getaway looking to land the big one. Know How To Take Care of Business. Central Reservations 1-800-544-0970 Avenue Mall. www. akbizmag, com' Alaska Business Monthly · November 2001 , o will promote diversi~, we support it. And if it can hold more functions here instead of having them go Outside. then it. will benefit the state." Sound like putting a baseball dia- mond in the middle of a corn field, with the hope of-"If you build it, they will come"? Some believe so. The main concern is the operating costs, the latest study found. Costs to run the center will be nearly triple that of the Egan Center. The Munici- parity of Anchorage provides an annual subsidy from the general fund to op- erate the center. Last year, the Egan Center used about $270,000 of that, ac- cording to the study. The operating deficit for the new center was estimated to cost $857,000 the first year, decreasing to about $667,000 after five years, according to the 1998 study by Deloitte and Touche. Property. taxpayers would foot that bill. And that's relying on researchers ac- curately estimating the number of con- ventions that would come. But supporters say they can meet the challenge of making the center beneficial to the taxpayers and to busi- ness owners. 'If we build it then we've got to work hard to go out and sell it," Bustamante said. "Building a bigger convention cen- ter doesn't mean that more people will automatically call. We have to sell it." to get more creative in how to accom- modate groups." The study, will review such opuons as adding a second floor to the exist- ing Centennial Hall or building a new facili ,ty to combine civic, culture, con- vention and visitor use, Mazor said. When communities want to expand convention space to get more visitors, they also must consider where to put them for the night, convention leaders say. They may want to shop for sou- vemrs, or get their shirts pressed and shoes shined. Convention speakers will likely need presentation and other equipment for workshops. A lack of these services holds back many of the state's smaller conven- tion sites. Sitka, for example, can ac- commodate about 700 people in its 8,700-square-foot Harrigan Centen-' nia~ Hall, and about 240 people in the local tribal community house Shee'Ka Kwaan Naa Kahidi. But this small Southeast town only has about 250 rooms available during the summer months and about 50 fewer during the winter, said Amy Kramer Johnson, Not Just Another Convenfion,.i Why Not An -: . . ~ · 'L~.:.~Worl6 ..:. · World el~' spoR fishin~ . ~.. ~~.Ka~m. Nail°rial Pa~ ~~... . .. ;~{~c ........ ~ ......... .... :~ . · . . -.. _~;~:We il. pmmde, eve~h~ng for your , .. ~ .. , Conference Experts Toda .: : --~,,,~ ~ ~" ~,e~,, ~ · ..... -.. '~ ,o 4t. . - ,~,em~ ~ . ~ '- ~ - ~ ~ .... ~ -.,-~~0-~~74 .-~' ',;~,-" ~'fiinnat. com STUNTING GROWTH Juneau also is beginning to seriously look into exp~ions, said Bureau Pres- ident Mazor. The Juneau Assembly last summer approved $150,000 for a sur- vey asking residents ff they would like 'to see convention space grow and how. Mazor said most residents don't deny the need to expand the 40,000-square- foot Centennial Hall Convention Cen- ter, they just don't know exactly what they want yet. Seating at the facility is limited to about 700, or about 1,100 for a stand-up reception. If groups want more than a handful of breakout rooms for, say, educational workshops, they have to trek over to one of the local ho- tels for a conference room. Not an ideal situation, Mazor said. 'Over the last five years we've seen a trend of groups demanding more space," he said. ~As conventions have more impact economically, we've had www. akbizmag, com* Alaska Business Monthly · November 2001 director of convention sales in Sitka. Until recently, Fairbanks also was limited on the number of delegates it could host. The Carlson Center could squeeze in about 3,500 people for a · stand-up event, said Conventions Man- ager Emma Wilson. But hotel accom- modations couldn't support nearly that many. In the last couple of years, four new hotels have opened, giving the Fair- banks area more than 3,100 rooms. Wi~ those hotels came more meeting ar- eas, Wilson said, giving Fairbanks a bet- ter oppommity to compete for larger national and international conventions. MEET IN ALASKA Convention delegates can sit through workshops and peruse trade shows m any meeting hall anywhere in the world. One big selling point for events is what's available outside the hall doors. "We can have 200 to 300 people on' a boat and within 20 minutes, they are watching the whales," Juneau's Mazor smd. "There are not many other areas that offer that." ?md that's what convention bureau officials sell-Alaska's uniqueness and the local activities. "We've got beautiful countryside that offers some incredible oppormmties,' said Wilson, of Fairbanks. "I helped one group that wanted ice-carving lessons. We've got berry picking in the fall, ski- lng and snowmachining m the winter, and we're close to Denali. Just tell me what you want to do and I'll do what I can to make it happen." Other big draws for convention-goers, according to convention nmxmgers: whale watching, glacier cruises, Alaska Native culture and, along the coastal regiom, a lessonm the Russian influences. And d- forget the vast oppommities for ba and fishing, or the museums and concex ~,. These things bring milliom, of toumts to Maska every, year, and they are of- ten what turn delegates into tourists after the meeting adjo. ums, said Julie Saupe, executive director cf the Matanuska-Susitna Convention and Vis- itors Bureau. The Mat-Su bureau real- izes it can't compete for the larger conventions, but can benefit from those held in Anchorage. "People generally find one or two days for fun," Saupe said. "Our next plan is to work on how to reach them, before they come up, so they can plan to come here for a few days." Anchorage's Dodds said people of- ten tack on a few days to their trip, or they go home and come back as inde- pendent travelers, bringing their lies along. And ff they have a good u~:: then they'll tell their friends and workers, who may come north as well- with open wallets. Complete Web Applications Custom Business Applications Database Design & Development Intemet / Intranet Solutions · e-Commerce Knowledge Management NETWORK BUSINESS SYSTEMS The Network People www. nbsys.com Providing Technical, Development, and Training technology solutions to'Alaskan businesses since 1987 1577 C Street, Suite 205 .............. 272-2888 Toll-Free .............................. (800) 516-5164 ~l www. akbizmag, com· Alaska Business ltlonthly · November 2001 Statement of Qualifications Integrity. Dedication. Flexibility. Vision. Creativity. Intuition. Courage. Common Sense. These are the driving principles of our practice as we soak to saris6 client needs. Jinneman, Kennedy, & Mohn, P.S. Hospitality Investment Advisors Jinneman, Kennedy, & Mohn, P.S. Seattle. Washington HOSPITALITY INVESTMENT ADVISORS Jinneman, Kennedy & Mohn, P.S. (JK&M) is the leading hospitality investment advisory firm in the Northwest and Upper Rocky Mountain states. JK&M offers professional advisory services in four primary areas- brokerage and transaction advisory services, investment and property management services, valuation services, and consulting services. The following attributes distinguish our firm from other professional service firms in the hospitality industry. MARKET KNOWLEDGE /he principals of JK&M have over 65 years experience providing hospitality services throughout the Northwest and Upper Rocky Mountain states. We continuously update our market knowledge through market research and publication-of the "JK&M. Hospitality Report", a quarterly newsletter addressing hotel sales, development, construction, and franchising activity. PRACTICAL KNOWLEDGE The principals of JK&M also successfully own and operate hotels for their own account. We know what needs to be done to implement ~ theory and recommendations, because we've been there ourselves, with our own capital at risk. Thus, our clients benefit not only from our years of investment advisory experience and market knowledge, but also from our practical knowledge derived fi'om actually owning and operating hotels. PERSONALIZED SERVICE We offer the personalized service of a small hospitality investment advisory practice. The principals of the firm are directly involved with each client, yet we have the same resources available as many international hospitality advisory firms, through Paul Jinneman's charter membership in the International Society of Hospitality Consultants. Members of the Society are located in key cities throughout the world. COMMITMENT TO CLIENT NEEDS Our clients are very important to us. The bottom line is we approach every assignment with the same degree of care and service we would want if we were the client. We listen carefully to each client's needs and develop a plan to fulfill those needs. Time commitments are kept, and the finest quality service is delivered to the client. lhis Statement of Qualifications includes a discussion of the services we typically provide, a list of representative clients, and the resumes of our principals and associates. Further information is available on the world wide web at www.jk-a, com. We look forward to working with you. WHAT OUR CLIENTS SAY ABOUT US "Your willingness to go above and beyond the contractual call of duty to answer my questions and provide valuable assistance after our contract was completed is greatl) appreciated" Project Manager, Port of Grays Harbor "As seasoned analysts oj'hotel markets and products; long time residents of the Northwest; and their names emblazoned on what the), do, I am convinced that the studies they provide are far more valuable than most. Where my money is involved, payingjbr their quali~ of study is simply a good investment." Hotel Developer, Bellevue, Washington "I ... want to thank ),ou .for your excellent work on the ... project. [ have worked with many consultants who compromise themselves for the sake of the project, or at the owner's insistence, giving them what they want to hear instead of what is right. [ appreciate how vou stood bv your injbrmation with fradk and honest commenta~. . Even though I am afraid the project is dea~ I can say that you did a great job on behalf ofyour clients." Hotel Developer, Tacoma, Washington "As you know by this time, we have resolved our problems with ... and have entered into a settlement of the matter. Your excellent work with respect to the appraisal was extremely helpful in this regard and contributed greatl3, to the possibility of settlement. When I listened to your testimony on deposition versus the Bank's expert witness on deposition, I must say that I was shocked at the difference considering your presence and presentation. This undoubtedly helped in the overall settlement." Partner, Large Spokane Attomey Firm "Thanks very much for your testimony in our hearing the other day. I am certain that the substance of that testimony, and how it was delivered, played the largest part in our receiving a favorable result." Partner, Large Portland Attorney Firm "From the time we asked for your help on assessing the hotel value to closing day, I can honestly say I haven't been served better. Your professionalism and constant follow-up on detail make your brokerage service an easy recommendation for me. I am unequivocally recommending your services to potential future clients." President, Large Northwest Investment Firm SERVICES AND CLIENTS Since no two clients are the same, we've developed the resources and skills to provide a broad range of services. We can provide you with the superb service you expect. Brokerage and Transaction Advisory Services Investment and Property Management Services Valuation Services Consulting Services BROKERAGE AND TRANSACTION ADVISORY SERVICES For over a decade, the consulting division of IK&M has closely followed hotel acquisition and disposition activity throughout the Pacific Northwest. During this period we had the opportunity to assist many of our clients in their due diligence research and in positioning their properties, for sale. In.launching the brokerage division of JK&M in 1998, we brought the lodging industry a unique and highly specialized set of skills and talents. Our clients benefit from the firm's in-depth knowledge of Northwest markets, our advanced financial and investment analysis capabilities, our hands-on experience in hotel operations and management, and the foresight and vision that can only come from years of experience and extensive contacts throughout the lodging industry. In our brokerage division, we combine these skills with a highly focused marketing program for the sole purpose of optimizing value for our clients. Our brokerage division operates with the same level of direct partner involvement and professional commitment that has built our consulting practice over the last decade. While this type of structure means our brokerage practice will remain comparatively small, it also ensures our commitment to provide only the highest level of quality and service to our clients. We personally serve our client's needs throughout the Pacific Northwest either through direct licensing or through alignment with cooperating licensees in other states. Whether you're looking to buy or sell, JK&M's brokerage and transaction advisory services division provides an unbeatable combination and a very refreshing approach. Let us show you. JK&M Provided Transaction Advisory Services to: TONE HO TEL INFES TORS INC. (seller) And CA VANA UGH'S HOSPITALITY CORPORA TION (buyer) C Relative to CHC's purchase from Sunstone of the: Best Western Canyon Springs Inn, Twin Falls, Idaho Best Western Colonial Inn, Helena, Montana Boise Park Suite Hotel, Boise, Idaho Quality Inn, Pocatello, Idaho BROKERAGE AND TRANSACTION ADVISORY SERVICES (CONTINUED) JK&M Provided Transaction Advisory Services to: FIRST EQUITY PROPER TIES, INC. (seller) Relative to their sale of the: Comfort Inn- North, Spokane, Washington Comfort Inn- Valley, Spokane, Washington JK&M represented LAKEWOOD MOTOR INN L.P. an affiliate of the Mathew G. Norton Company and Northwest Building Corporation Relative to the sale of the: Best Westem Lakewood Motor Inn, Tacoma, Washington INVESTMENT AND PROPERTY MANAGEMENT SERVICES JK&M provides property and asset management services consistent with our corporate mission statement of "Serving every client as if we were the client". The interests of all stakeholders- the guests, employees, owner(s), and lender- are fully served. JK&M brings tct..each assignment its many years of experience and exposure to a wide variety of pro~perty management practices. Compfi:te property management services are provided to a select group of hotels. JK&M typically has an ownership interest in these hotels, and they are usually located in resort areas where conflicts with our independent advisory services division can be minimized. JK&M currently provides complete property management services for the Best Western Icicle Inn in Leavenworth, Washington; the Palace Hotel in Port Townsend, Washington; and the Seashore Resort Motel in Seaside, Oregon. Asset management services are also available to a wide variety of owners. In these cases, property owners may either desire to take a more active role in the day-to-day management of the hotel, or may have engaged the services of another hotel management company. However, they need a very educated set of "eyes and ears" to oversee their activities or those of the management company. Our asset management services typically include monthly reviews of financial statements, guest comments, franchisor activity, and other matters; quarterly visits to the hotel to inspect the property and interview management; and annual reviews of property tax assessment, and business and marketing plans. The Best Western Icicle Inn, a Leavenworth Resort, is located in the Bavarian Village of Leavenworth, Washington. The resort hotel currently offers 93'guestrooms, almost 4,000 square feet of meeting space, restaurant, lounge, and family fun center including a video arcade, Bavarian miniature golf course, bumper boats, replica train ride, and other attractions. Paul M. Jinneman has been a partner/member of this hotel since it opened in August 1992. An affiliate of JK&M has provided property management services since the hotel's opening. www.icicleinn.com INVESTMENT AND PROPERTY MANAGEMENT SERVICES (CONTINUED) [ Victorian hotel located in the heart of[[ [ downtown Port Townsend, Washington. [ The hotel has 17 guestrooms, many of l! [ which are fumished with period Il I1 antiques, and over 5,000 square feet [ leased retail space. Paul M. Jinneman [ and Michael J. Mohn purchased the hotel [ in May 1994, and then commenced a [[ program of significant renovations and [[ management improvements. An affiliate ![ of JK&M has managed the hotel since its [~ purchase in 1994. ~ I I III II I I1' 'I I I I11 II I I www. o lymp us. nct/p a I ac e ..ww~..... seashoreres0rtm ote 1. co m VALUATION SERVICES APPRAISALS JK&M appraisers have appraised over $500,000,000 of hospitality related property and businesses. At JK&M we are better equipped to evaluate the complexities associated with hotel operations than are standard appraisers because of our in-depth market knowledge, financial analysis skills, and operational expertise. We are on the approved appraiser list of most major banks. Appraisals have also been completed for estate tax. condemnation. and litigation support purposes. Projects appraised range from small rural motels to large urban hotels and conference centers and destination resorts. ,, , Principals of JK&M appraised the Coeur d'Alene Resort in Coeur d'Alene, Idaho for initial development, planning, financing, and property tax appeal purposes. _.lllJl. . . 1 ........ ................. PROPERTY TAX APPEALS Property owners in the United States pay over $100 billion in real estate taxes each year. We compute our own income tax bills, often with the assistance of a professional. In contrast, real estate taxes are computed for us by government officials, and very few people challenge these bills with the assistance of a professional. JK&M has had outstanding success in reducing real estate taxes for many hospitality clients. I II ! I II Ill' III I Principals of JK&M appraised the Anchorage Hilton Hotel in Anchorage, Alaska for expansion planning, financing, and property tax appeal purposes. JK&M has appraised over 300 limited-service hotels for development planning, financing, estate tax, property tax, and other purposes. FINANCIAL INSTITUTIONS SERVED Anchor Savings Bank Bank of America Bank of Astoria (OR) Bank of Grays Harbor Bank of Sumner (WA) Cashmere Valley Bank City Commerce Bank (AK) City National Bank Clackamas County Bank Columbia Bank Community First National Bank Cowlitz Bank Far West Federal Savings Bank First Community Bank First Independent Bank First Interstate Bank First Savings Bank of Washington Frontier Bank Idaho Banking Company Intervest Mortgage Investment Co. Interwest Bank Key Bank Nations Bank National Bank of Canada National Cooperative Bank North Cascades Bank Pacific First Bank Puget Sound Bank Seafirst Bank Security Pacific Bank Sierra West Bank State Bond Companies Sterling Savings Bank The Money Store U.S. Bancorp Washington First International Bank Washington Mutual Wells Fargo Bank West One Bank WestCoast Bank Zions First National Bank PROPERTY TAX ASSESSMENTS HAVE BEEN SUCCESSFULLY APPEALED FOR: Alaska: Anchorage Westward Hilton- Anchorage Idaho: :Coeur d'Alene Resort- Coeur d'Alene Red Lion Downtowner- Boise Montana: Best Western Grant Creek Inn- Missoula Fairmont Hot Springs Resort- Anaconda Hampton Inn- Missoula Oregon: Beat Western Bard's Inn- Ashland Ebb Tide Motel- Seaside Hallmark Resort- Canon Beach Oregon: (continued) Hi Tide Motel- Seaside Red Lion Inn- Astoria Red Lion Hotel- Coos Bay Red Lion Hotel- Medford Seashore Resort Motel- Seaside Stratford Inn- Ashland Washington: Best Western Icicle Inn- Leavenworth Marriott Hotel- SeaTac Red Lion Hotel- Bellevue Red Lion Hotel- Seattle Sheraton- Spokane Travelodge- Everett Warwick Hotel - Seattle CONSULTING SERVICES potential. methods of project financing and [[ JK&M has assisted Sonmar Developmem with market analyses and appraisals of many of their successful, Pacific Northwest hotels. JK&M principals have assisted the Kootenai Tribe of Idaho since 1983 with the successful development and operation of their Kootenai River Inn in Bonners Ferry, Idaho. JK&M principals have assisted the Campbell family since the mid-1980s in planning for the successful re-development of their resort and conference center on Lake Chelan. . CONSULTING SERVICES (CONTINUED) JK&M has provided litigation support services for a number of law firms on issues regarding management contracts, market value, lost profits, market potential, and · other issues involving the hospitality industry. Our in-depth experience, along with the principals' MAI, ISHC, CHA, and CPA professional designations, allow us to ~provide highly credib, le t~ti.mony. ,,., '°'ss .... DILIGENCE Due diligence service for acquisition typically involves evaluating the operating .pertbrmance and potential of an existing hotel. This evaluation may include review · of operating methods and expenses, marketing strategies, facility renovation requirements, and competitive market conditions. Based on this review, we then identify strategic oppommities to increase the value of the hotel or minimize risk. III II II I I GENERAL CONSULTING SERVICES Cliems often call upon JK&M for specialized services requiring an . independent analysis and specific knowledge of the hospitality industry. Services such as assistance in negotiation of management contracts, personnel recruitment and .idevelopment of incemive compensation : ~plans, market positioning studies, review of annual budgets, and preparation and review of marketing plans have been provided to various hospitality clients. JK&M provided litigation support services relative to the condemnation of a portion of the Holiday Inn in Wilsonville, Oregon. ........ JK&M assisted Goldbelt Corporation with due diligence related to their acquisition of the Goldbelt Hotel (formerly the Westmark Hotel) in Juneau, Alaska. JK&M has assisted the owners of the Gallatin Gateway Inn in Bozeman, Montana for many years .. in imp. roving the operat, i.on of their hotel. OUR PEOPLE Our people are by far our most important asset. We devote ourselves to selecting and caring for individuals who can bring the highest level of professionalism, experience, and expertise to our team. RECOGNIZED EXPERTISE The principals of JK&M are often asked to speak before and write articles for trade and professional organizations. We are also frequently called upon by reporters to offer opinions on hospitality related topics. SPEAKING ENGAGEMENTS Affiliated Tribes of Northwest Indians Alaska Visitors Association Bureau of Indian Affairs Commercial Real Estate Women's Association U.S. Department of Housing and Urban Development East King County Convention and Visitors Bureau Highline Community College Hospitality Accountants Association Montana Innkeepers Association Idaho Lodging and Restaurant Association Institute of Building Designers National Center For American Indian Enterprise Development Oregon Lodging Association Portland's Commercial Brokers Association Portland Oregon Visitors Association (POVA) Seattle University-WSU Hotel Program Washington Federation of Clubs Washington State Hotel and Motel Association Washington State Lodging Association Washington State Tourism Conference Anchorage Daily News Big Sky Business Journal Bozeman Daily Chronicle Coeur d'Alene Press Comell Quarterly Everett Herald Forbes Hotel & Motel Management Meeting News Oregon Economic Indicators Portland Business Journal ARTICLES/QUOTED IN Puget Sound Business Journal Reno Air Magazine Seattle Daily Journal of Commerce Seattle Post Intelligencer Seattle Times Spokane Business Journal Spokane Chronicle Spokane Spokesman Review Tacoma News Tribune WSH&MA Newsletter Qualifications Of PAUL M. JINNEMAN, MAI, ISHC, PRINCIPAL 10629 Titus Road , Leavenworth, WA 98826 Tel: (206) 295-8560 , Fax: (509) 548-9655 E-mail: pjinneman~jk-a.com Paul is the founding shareholder of JK&M. He brings excellent visionary skills, as well as a combination of financial, marketing, and operational expertise to each assignment. PROFESSIONAL HISTORY · Jinneman, Kennedy, & Mohn, P.S.- July 1988 to Present General Partner, Port Townsend Hotel Investors I (owner of The Palace Hotel in Port Townsend, WA) - May 1994 to Present · Member, Icicle Inn Associates, LLC (owner of the Best Western Inn, a Leavenworth Resort, in Leavenworth, WA) - December 1991 to Present · Pannell Kerr Forster- April 1978 to June 1988 AREAS OF EXPERTISE · Twenty-Three Years of Hospitality Consulting and Appraisal Experience Combined with the Practical Experience of Owning and Operating Two Hotels · Market and Economic Feasibility Analyses and Forecasts , Appraisals and Valuations · Business and Market Planning · Litigation Support Services for Hospitality Related Projects PROFESSIONAL MEMBERSHIPS · American Institute of Certified Public Accountants · Appraisal Institute · Best Western International · Idaho Lodging and Restaurant Association , International Society of Hospitality Consultants, Charter Member · Montana Innkeepers Association · Washington State Hotel and Motel Association STATE CERTIFIED GENERAL REAL ESTATE APPRAISER · Idaho Certificate CGA-54 · Washington Certificate M458DA EDUCATION · University of Washington, Bachelor of Arts - Business Administration Graduated Cum Laude Qual~[ications Q£ THOMAS P. KENNEDY, CHA, PRINCIPAL I4108 SE 182'~a St. * Renton, WA 98058 Tel: (425) 277-5755 * Fax: (425) 277-5759 E-mail: tkennedy~jk-a.com Tom brings many years of hospitality sales and marketing, operations, and consulting experience to JK&M. He serves as the designated broker for the firm and maintains an extensive network of hospitality, contacts. Tom's industry experience and market and economic feasibility analysis skills have served hundreds of clients throughout the Pacific Northwest. PROFESSIONAL HISTORY Jinneman, Kennedy,& Mohn. P.S.- January 1991 to Present Pannell Kerr Forster - September 1983 to January 1991 · Sr. Manager Responsible for Management Advisory Services , Hotel Operations, Sales, and Marketing - 1974 to 1983 · Holiday Inns Westwater Hotels Super 8 Motels AREAS OF EXPERTISE Market and Economic Feasibility Analyses and Forecasts for the Hospitality Industry Market Research and Analysis Hotel Operational Reviews Sales and Marketing Planning Hotel Brokerage, Due Diligence, and Acquisition PROFESSIONAL MEMBERSHIPS Washington State Hotel and Motel Association Oregon Lodging Association Commercial Brokers Association Idaho Lodging and Restaurant Association EDUCATION/LICENSES/CERTIFICATIONS Licensed Real Estate Broker, State of Washington American Hotel and Motel Association - Certified Hotel Administrator University of Washington, Bachelor of Arts- Communications/Advertising Holiday Inn University- Professional Selling in the Hospitality Industry Standards of Professional Practice, Parts A and B, Appraisal Institute Qualifications Of MICHAEL J. MOHN, MAI, PRINCIPAL 847 Main Street ,Edmonds. WA 98020 Tel: (425) 672.7257 , Fax-(425) 672.8927 E-mail: mmohn~jk-a.com Michael brings to the firm many years of experience in a variety of commercial real estate disciplines, augmented by an educational background in architecture and construction. Over the last decade, he has focused his efforts solely on hospitality industry projects, including consulting, valuation, brokerage, and management. PROFESSIONAL HISTORY · Jinneman, Kennedy, & Mohn, P.S. - January 1992 to Present · General Partner, Port Townsend Hotel Investors I (owner of The Palace Hotel in Port Townsend, WA)- May 1994 to Present · Pannell Kerr Forster- January 1990 to January 1992 · Senior Consultant, Appraisal Services · Yates Wood and MacDonald, Inc.- April 1987 to December 1989 · Property Manager/Investment Sales/Appraisal Services AREAS OF EXPERTISE · Market and Economic Feasibility Analysis · Appraisals of Hotel, Resort, and Casino Properties · Litigation Support and Tax Appeal Services for Hospitality Projects · Due Diligence Studies · Market Positioning Studies · Hotel Brokerage, Acquisition, and Disposition Counseling STATE LICENSES AND CERTIFICATES · Alaska State Certified General Real Estate Appraiser; Certificate #221 · Oregon State Certified General Real Estate Appraiser; Certificate C-000520 · Washington State Certified General Real.Estate Appraiser; Certificate M-J420K2 · Washington State Real Estate Broker's License- Associate Broker PROFESSIONAL MEMBERSHIPS · Appraisal Institute EDUCATION , University of Washington, Bachelor of Arts- Architecture · University of Colorado, Boulder- College of Design and Planning · Numerous Courses and Seminars in Real Estate Law, Finance, and Hotel Analysis HOSPITALITY MARKETS ANALYZED by the Principals of JK&M ALASKA IDAHO Miles City Silverton Anchorage Ashton Missoula Springfield Denali State Park Blackfoot Poison Tualatin Fairbanks Boise St. Mary Vale Healy Bonnet's Ferry West Yellowstone Wilsonville Juneau Burley Whitefish Woodbum Ketchikan Caldwell Zig Zag Nome Cascade NEVADA Seward Coeur d'Alene Jackpot WAS.,HINGTO~ Sitka Coolin Las Vegas Aberdeen Wasilla Idaho Falls Reno Anacortes Jewme Arlington AR!ZO1N, A Kellogg OREGON Auburn Phoenix Ketchum Albany Bellevue Tucson Lewi ston Ashland Bell ingham Scottsdale McCall Astoria Blaine Meridian Bcaverton Bothell C ,,,AL!FORNIA Nampa Bend Bremerton Bakersfield Orofino Clackamas Buckley Barstow Pocatello Coos Bay Burlington Buena Park Post Falls Dallas Centralia Costa Mesa Priest River Eugene Chehalis Davis Reedsport Florence Chelan Elk Grove Rexburg Forest Grove Clarkston Fresno Sandpoint Glenden Dupont Kop¢o St. Anthony Grants Pass Edmonds Mammoth Lakes St. Maries Gresham Ellensburg Marysville Stanley Hillsboro Ephrata Modesto Twin Falls Hood River Everett Monterey Wallace Klamath Falls Federal Way Pasadena Worley LaGrande' Fif~ Paso Robles Lake Oswego Gig Harbor Rancho Cordova M. ONTANA Lincoln City Grand Coulee Redding Anaconda Medford Issaquah Sacramento Billings Mt. Bachelor Kelso San Francisco Butte Newport Kennewick San Jose Conrad Ontario Kern Santa Maria Ft. Benton Oregon City . Kirkland St. Helena Gallatin Gateway Pendleton Lacey Stockton Glacier Nat. Park Portland LaConner Tmcy Glendive Redmond Lakewood Vacaville Helena Roseburg Lake Pateros Kalispell Seaside Leavenworth Longview Lynnwood Manson Marysville ' ~'' Mazama Moses Lake Mt. Vernon Mukilteo North Bend Ocean Shores Okanogan Olympia Orondo Port Angeles Port Orchard Port Townsend Prosser Pullman Redmond Remon Richland San Juan Islands SeaTac Seattle Sequim Silverdale Snoqualmie Falls Spokane Sunnyside Tacoma Tuk~ila Tumwater Vancouver Walla Walla Wenatchee Winthrop Woodinville Yaldma WYOMING Jackson Pinedale PARTIAL LIST OF CLIENTS OR PROPERTIES SERVED ALASKA Anchorage Sheraton Anchorage Westward Hilton Best Western Lake Lucille Lodge Captain Cook Hotel Hampton [tm- Anchorage Holiday Inn- Anchorage Holiday Inn Express- Anchorage Ramada Inn Regal Alaskan Hotel Royal Executive Suites Voyager Hotel WestCoast International Inn Westmark Hotel- Anchorage Goldbelt Hotel- Juneau. ARIZONA Best Western Executive Park Hotel Comfort Suites Francisco Grande Hotel Plaza Hotel CALIFORNIA Barstow E~onoLodge Best Western Stockton Inn Blackstone Plaza Inn Casa Munras Garden Hotel Davis Best Western Davis EconoLodge El Bonita Holiday Inn- BUena Park Ramada Inn- Bakersfield Ramada Inn- Fresno Ramada Inn- Sacramento Red Lion Inn- San Jose Red Lion Inn - Costa Mesa Rodeway Inn- San Francisco University Lodge Vagabond Motel - Redding Wildwood Inn - Mammoth Lakes ,IDAHO Best Western Airport Inn Best Western AmeriTel Inn Best Western Canyon Springs Inn Best Western Connie's Motor Inn Best Western Kentwood Lodge Best Western Kootenai River Inn Best Western McCall Inn Best Western Vista Inn Boise Holiday Inn Boise Park Suites Coeur d'Alene Resort Comfort Inn Doubletree Club Hotel Fairfield Inn Hampton Inn Holiday Inn - Coeur d'Alene Holiday Inn- Westbank Idanha Hotel Inn America ,,.,. Pocatello Super 8 Quality Inn Airport Suites Red Lion- Downtown Residence Inn- Boise Shilo- Airport Shore Lodge Tapadera Motor Inn Templin's Resort & Marina MONTANA Best Western Colonial Inn Billings Sheraton Hotel Chalet Motel Days Inn- Glendive Fairmont Hot Springs Resort Gallatin Gateway Inn Grad Union Hotel Rocky Mountain. Lodge St. Mary Resort PARTIAL LIST OF CLIENTS OR PROPERTIES SERVED (continued) OREGON Best Western Oceanview Resort Comfort Inn- Medford Courtyard by Marriott- Springfield Delta Inn Ebb-Tide Resort Motel- Seaside Embarcadero Embassy Suites Hotel Eugene Hilton Hotel Greenwood Inn- Beaverton Hi-Tide Resort Motel- Seaside Holiday Inn- Lloyd Center Holiday Inn Express- Medford Holiday Inn Express - Roseburg Hood River Inn Hotel Newport Imperial Hotel- Portland Kah-Nee-Ta Mallory ttotel- Portland Portland Motor Inn Red Lion Inn - Columbia River Red Lion Inn - Jantzen Beach Resort at the Mountain Riverside Motor Inn Shilo Inn- Tualatin Valley River Inn Village Green Motor Hotel WASHINGTON Aldcrbmok Inn Bellevue Athletic Club Bellevue Inn Best Western Baron Inn Best Western Bay View Inn Best Western Executive Inn Best Western Lakeway Inn Best Western Park Center Hotel Best Western Redmond Motor Inn Best Western Tulalip Inn Campbell's at Lake Chelan Cavanaugh's Inn at the Park Cavanaugh's River Inn Channel Lodge Com~brt Inn- Bucldey -:. Comfort Inn- Kelso Comfort Inn- Lacey Comfort Inn- SeaTac Crowne Plaza Hotel Days Inn- Spokane Days Inn Town Center Four Seasons Olympic Hotel Hampton Inn- Tukwila ltampton Inn at SeaTac Holiday Inn- Everett Holiday Inn- Spokane West Holiday Inn at SeaTac Holiday Inn Express- Vancouver Holiday Inn Richland (now Richland Tower Inn) Holiday Inn- Renton Howard Johnson Lodge Hyatt Regency Bellevue Inn at Semiahmoo La Residence Hotel LaConner Country Inn LaQuinta Motor Inn- Kirkland LaQuinta Motor Inn- SeaTac LaQuinta Motor Inn- Tacoma Meany Tower Hotel Nendels Inn- Everett Nendels Inn- Renton Plaza Pacific Hotel- Seattle Pony Soldier Inn - Chehalis Red Lion Inn - Bellevue (2) Red Lion Inn- SeaTac Red Lion Inn - Yakima Residence Inn- Bellevue Residence Inn- Lyrmwood Residence Inn- Tukwila Residence Inn- Vancouver Rosario Resort Sheraton Tacoma Hotel Shilo Inn- Tacoma Sixth Avenue Motor Inn Sorrento Hotel PARTIAL LIST OF CLIENTS OR PROPERTIES SERVED (continued) WASHINGTON (cont.) Stouffer Madison Hotel University Motor Inn University. Plaza Hotel Warwick Hotel WestCoast Bellevue Hotel WestCoast Camlin Hotel WestCoast Everett Pacific Hotel WestCoast Gateway Hotel WestCoast Roosevelt Hotel WestCoast SeaTac Hotel WestCoast Silverdale on the Bay Resort Hotel NATIVE AMERICAN TRIBES Blackfeet Nation Coeur d'Alene Tribe of Idaho Colville Confederated Tribes Confederated Salish Kootenai Tribes Confederated Tribes of the Warm Springs Jamestown Klallam Tribe Kootenai Tribe of Idaho Muckleshoot Tribe Quinalt Indian Nation Puyallup Tribe Reservation Sitka Tribe of Alaska Skokomish Tribe Swinomish Tribal Community Tulalip Tribe Yakima Indian Nation ,GOVERNMENTAL ORGANIZATIONS Albany (Oregon) Chamber of Commerce Chehalis-Centralia Airport Board City of Astoria (Oregon) City of Clarkston (Washington) City of Dallas (Oregon) City of Kellogg (Idaho) City of Nampa (Idaho) City of Ocean Shores (Washington) City of Oregon City (Oregon~ City of St. Anthony (Idaho) City of Tacoma (Washington) Conrad (Montana) Development Agency Greater St. Joe Development Corporation Miles City (Montana) Chamber of Commerce Port of Grays Harbor Port of Whitman County Portland Development Commission (PDC) Priest River (Idaho) Development Council Seafood Consumer Center Astoria (Oregon) Twin Falls (Idaho) Chamber of Commerce Salmon Harbor/Winchester Bay (Oregon) ALAS,KAN NA, TIVE CORP,ORATION~S Bristol Bay Native Corporation Cape Fox Corporation Doyon Limited Goldbelt, Incorporated NANA Sitnasuak Native Corporation TDX Corporation Koniag Incorporated ANCHORAGE AIRPORT MASTER PLAN UPDATE PUBLIC MEETING Thursday, November 29, 2001 City Manager Linda Snow and Airport Commissioners Henry Knackstedt, Chairman, and Dan Van Zee attended a public meeting held in Anchorage on Thursday, November 29, 2001 to present the Anchorage Airport Master Plan Update. Contacts were made with John Parrott, Airport Operations Superintendent, Jerry Nunnally, FAA, Tom Wardleigh with the Alaskan Aviation Safety Foundation, and Marvin Adams, Southeast Regional Director of the Alaska Airmen's Association. A copy of the public presentation is attached, as well as a report entitled Ted Stevens Anchorage International ~4irport, Economic Significance 2000 prepared by Scott Goldsmith of the Institute of Social and Economic Research. In summary, the Anchorage Airport Master Plan Update presentation by the consulting firm of HNTB included a description of the Master Plan mission, development process, and public outreach "to guarantee that future aviation needs of Anchorage and the State of Alaska are met in a safe, efficient and cost-effective manner." The presentation included a brief overview of past Airport Master Plan efforts, total airport operations forecasting, facility requirements, and six long-term conceptual alternatives for meeting future airport demands. The six alternatives presented were: 1. No airfield expansion. 2. Limited airfield expansion (new N-S runway) within current ANC boundaries. 3. Limited ANC airfield expansion with new airport at Fire Island. 4. Limited ANC airfield expansion with new airport at Point McKenzie. 5. Full development of ANC (including the possibility of going outside existing boundaries). 6. Replacement airport. The primary evaluation criteria used measure the identified alternatives are the following: airside/landside considerations, airspace/safety, access/surface transportation, and noise. Additional evaluation criteria include the following: community impacts and environmental factors, economic impacts, development costs, financial feasibility, MOA Comprehensive Plan compatibility. The draft preferred alternative is #2, Limited airfield expansion within the current ANC boundaries. According to the HNTB, this draft alternative best meets the evaluation criteria. This alternative provides the ability to start planning for a new North/South runway (which will probably be needed by 2008); it includes an additional apron to be located on the east side of the existing N-S runway, will evaluate the means to increase the capacity of the existing airfield, and also includes plans to update the Master Plan in 5-7 years. Alternative #2 will displace some light aircraft, presumably to the Lake Hood airstrip. The FAA contact person did not know of any businesses that would be relocated as a result of this alternative. It should be made clear the Lake Hood airstrip and lake are not included as part of this particular Anchorage Airport Master Plan. However, it was understood that the Lake Hood Airport Master Plan was completed quite recently. Many, if not most, of the questions and concerns stated during the question and answer period following the presentation were related to environmental issues pertaining to the use of the Anchorage Airport generally and by "stop & go" and/or cargo traffic specifically. Most of those present with identifiable environmental concerns seemed to favor any alternative that would relocate airport operations far enough away so as to eliminate air and noise pollution in Anchorage. Kenai was mentioned several times in this context. Airport Director Mort Plumb estimated that "stop & go" traffic operations are actually less than 28% of all traffic operations. HNTB also explained and attempted to illustrate by using the Denver Internationai/Stapleton Airport as an example, the economic fallacy of separating the cargo functions from the passenger functions---particularly where they are currently performed by the same business--and by underestimating the high economic impact of cargo and/or passenger with the airport as the destination point vs. the airport as a transfer station. According to HNTB, the result would likely be that the cost of doing business for the carrier would rise dramatically, ultimately rendering the carrier unable to continue any operations at the ANC facility. Prior to the formal presentation, Airport Operations Superintendent John Parrott explained that the Kenai Alternative had not survived the roundtable discussion process as an economically feasible alternative for the Anchorage Airport Master Plan. Some of the reasons identified were that Kenai is too far from the major population for the efficient transfer of goods, that Kenai has its own environmental concerns, and that there would be a negative eConomic impact to Anchorage. Following the presentation, Mr. Parrott stated that, to the best of his ~ knowledge, there are no plans afoot for the relocation of Kulis Air National Guard. He stated that such a plan would be very political and, while the Airport could certainly find other uses for the real estate involved in the event Kulis is ever relocated, the Anchorage Airport certainly has no plans to precipitate such a move. For those interested in more detailed information about the Master Plan, the following completed chapters will be made available on the website at www.anchora~eairport, com: the inventory chapter, the forecast chapter, and the facility chapter. LLS i i /, ¥~ ) TED STEVENS ANCHORAGE INTERNATIONAL AIRPORT: ECONOMIC SIGNIFICANCE 2000 by Scott Goldsmith Prepared for Ted Stevens Anchorage International Airport July 15, 2001 Institute of Social and Economic Research University of Alaska Anchorage 3211 Providence Drive Anchorage Alaska 99508 907-786-7710 http://www, iser. uaa. alaska, edu Acknowledgment This study was funded by the Ted Stevens Anchorage Imemational Airport TED STEVENS ANCHORAGE INTERNATIONAL AIRPORT: ECONOMIC SIGNIFICANCE 2000 TABLE OF CONTENTS 1. SUMMARY OF FINDINGS. eeeee ee®e®®eee I 20 INTRODUCTION ..................................................................... 3 3. ACTIVITY AT THE AIRPORT 4. JOBS AND PAYROLL AT THE AIRPORT ................................... 18 5. TOTAL ECONOMIC SIGNIFICANCE OF THE AIRPORT .28 6. TOTAL ECONOMIC VALUE OF THE AIRPORT 7. AIRPORT ECONOMIC IMPACT RULES OF THUMB .................. 32 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 1. SUMMARY OF FINDINGS Employment at the Ted Stevens Anchorage International Airport in 2000 is estimated at 9,119 (annual average), generating an annual payroll of $367 million. This represents aboUt 7% of all the wage and salary jobs in Anchorage and 8% of total payroll. Adding the offsite jobs generated by airport businesses making purchases and workers spending their earnings within the community, the total economic significance of the airport grows to 14,750 jobs with a payroll of $515 million. If the airport were a separate community it would be the 5t~ largest economy in the state. The airport is about 5 times the size one would expect for a community of 260 thousand, but only partly because most of the travel between Anchorage and the rest of the US is by air. Most of the activity at the airport is associated with international air cargo, non- Alaska visitors, and non-Anchorage residents of Alaska. Together these activities at the airport, which bring new money into the economy and contribute directly to the economic base of Anchorage, account for 6,443 jobs and $259 million of payroll. Adding the offsite activity generated by these onsite jobs results in a total impact of these basic activities of 10,352 jobs and $361 millio~t of payroll. By way of comparison, the headquarters activity of the oil and gas industry in Anchorage directly employed 3,515 in 1999 with a payroll of $316 million. Viewed this way it is clear that the basic activities at the airport are an important part of the economic base of the community. Most of the growth in employment at the airport in recent years can be traced to growth in the international air cargo operations. The number of cargo landings has been growing at an annual average rate of 9 percent since 1990, reflecting a doubling in 8 years. As a consequence Anchorage was ranked as the 5th busiest cargo airport in the world, in 2000 in terms of total cargo moving through the airport. In contrast the number of passenger landings has been trending downward. Taking both cargo and passenger traffic together, the total number of revenue landings has not increased much through the 1990's but the cargo share has grown from 24 percent in 1990 to 44 percent in 2001. Although the number of passenger landings has declined, the number of passengers served has continued to grow, albeit not as fast in the 1990.'s as in earlier times. Since 1990 the number of departing passengers has grown at an annual rate of 2.7 percent--- twice the growth rate of the Anchorage population. This is primarily a reflection of the continuing growth in the number of non-resident visitors moving through the airport. Employment associated with international air cargo operations has been increasing not only because of growth in the number of flights, but also because of a continued expansion in the value added services provided on the ground for each flight. Although many cargo flights are on the ground in Anchorage for only a short time to refuel and change crews, over time more services associated with the cargo are being performed on Institute of Social and Economic Research, University of Alaska Anchorage I of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 the ground such as customs clearance, sorting, trans-loading, and emplaning and deplaning of cargo. As a consequence, air transport employment has increased by 3 7 percent since 1990 compared to just 15 percent for total employment. One in 10 wage and salary jobs added in Anchorage between 1990 and 1998 was in air transport. During the same period wages and salaries paid in the air transport industry increased by $95 million (1998 $), or 55 percent, compared to a total increase of $289 million for all industries. This growth was particularly important because wages and salaries actually fell in some industries such as petroleum. Furthermore the real wage in the air transport sector increased over this period while it was dropping in many other industries. The wage in air transport is near the top of the list, exceeded in 1998 only by petroleum, the federal government (civilians), and construction. As significant as these figures are, the contribution of the airport to the economy of the community and the state goes beyond the generation of jobs and payroll from providing air transport and other services. The airport is part of the transportation infrastructure that links Alaskans and Alaska businesses to each other and to the rest of the world. Without those links, the cost of doing business and the cost of living would both be much higher than they are today, precluding many economic activities and making Alaska a less attractive place to live and work. Although we cannot put a dollar figure on the value of this linkage, it is a benefit to the entire community. Institute of Social and Economic Research, University of Alaska Anchorage 2 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 2. INTRODUCTION This brief report updates our previous studies--Anchorage International Airport 1998: Economic Significance and The Economic Contribution of the Anchorage International Airport, which documented the economic importance of the airport and described in detail the range of activities conducted at the airport. These activities are increasing at a rapid rate and this report documents the main components of this recent growth. Ted Stevens Anchorage International Airport covers 4,700 acres and includes both domestic and international terminals as well as general aviation and air taxi bases around Lake Hood. Unlike airports in other US cities of comparable population size (about 260 thousand) most activity at Anchorage International revolves around the provision of services to the international air cargo industry, tourists and other visitors from outside Alaska, and Alaskans living outside the greater Anchorage region. The airport also is home to a number of govemmem and private tenants who find it advantageous to locate close to air transport services. Because of these functions, according to the Federal Aviation Administration, Anchorage has 3 times the passenger arrivals and 48 times the cargo arrivals one would expect, based on population. Clearly the airport is an important part of the economy of the region. We begin this report by reviewing growth in measures of passenger and cargo activity at the airport. Next we calculate the number of jobs at the airport and the annual payroll associated with those jobs. We present the employment information broken down in several ways---b~t employer, by service provided, and by client served. We compare the size of the airport to other communities and track the increasing importance of the airport to the regional economy over the last 10 years. Next we calculate the total economic significance of the airport based on the total number of jobs in the community supported bY airport activity. Following this calculation of the number of jobs that depend on the airport, we discuss the economic value of the airport to the community. Finally we include a section on "roles of thumb" which can be used to estimate the economic significance of new activities at the airport. Institute of Social and Economic Research, UniverSity of Alaska Anchorage 3 of3Z~ . Ted Stevens Anchorage International Airport, Economic Significance July, 2001 3. ACTIVITY AT THE AIRPORT The core activities at the airport are the commercial movement of passengers and freight, but general aviation is also important. Furthermore there are a number of businesses and public agencies at the airport that find it advantageous to locate close to air transportation services. The number and weight of commercial aircraft are the clearest indicators of the level of activity at the airport. In fiscal year (fy) 2000 (July 1999 to June 2000) total revenue landings were 92, 571, an average of 254 per day, and the total weight of the aircraft (certified maximum gross takeoff weight) was 26,447 million pounds. Measured by the weight of aircraft using the airport, the Ted Stevens Anchorage International Airport is one of the largest in the world. Airport operating revenues were $56.7 million. Passengers We estimate the number of people that will pass through the airport as passengers (arrivals, departures, and transits) in fy 2001 will be about 5,047,000 (Table 1.), or about 13,827 on a average day. Passenger Departures ianements Transit 1,587 1,529 1,729 . 1,069 1,860 785 1,836 .' 577 1,917 543 2,040 598 2,051 679 2,132 782 2,126 767 2,136 688 2,189 648 :2,207 6~7 'Institute of Social and Economic Research, University of Alaska Anchorage 4of3~ Ted Stevens Anchorage International Airport, Economic Significance July, 2001 Passenger volume, as measured by the number of departing passengers, continues to trend upward in response to growth of the Anchorage and Alaska populations as well as the number of tourist and other visitors coming to the state (Figure 1.) Since 1990 the annual growth rate in the number of departing passengers has been 2.7 %. During this same period the population of Anchorage increased at an annual rate of only 1.4 %. The Greater Anchorage area (Anchorage plus the adjoining Matanuska Susitna Borough) grew at an annual rate of 1.9 %. Figure 1. ANCHORAGE INTERNATIONAL AIRPORT MONTHLY DEPARTING PASSENGERS 3ooi Uj~ 200 I t"l 150 Z ~) 100 o I . 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 Includes Scheduled Passengers on Domestic and International Carriers Actual and Seasonally Adjustecl Passengers Source: Anchorage lntemationai Airport 1996 1998 2000 In contrast, the growth rate in departing passenger traffic over the longer period starting in 1974 to the present has been considerably faster--4.6%, reflecting the faster economic growth in the 1970's and 1980's that resulted in rapid population and real personal income growth. Several factors c°ntribute to the large volume of passenger traffic through the airport compared to the population of the Greater Anchorage area (Anchorage plus the Matanuska-Susitna Borough had a population in 2000 of 319,605.) First, almost all travel to the rest of the US from Anchorage is by air. Second, much of the travel Within the state is by air, and Anchorage serves as a hub for much of this travel so that many travelers pass through Anchorage when going from one rural community to another. Third, Anchorage is the commercial center for much of the rest of the state and Institute of Social and Economic Research, University of Alaska Anchorage 5 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 draws residem visitors for shopping, medical treatment, entertainment, and other activities. In addition, a large share of the one million plus tourists visiting Alaska fly into or out of Anchorage. The growing importance of this market is reflected in the variation in the volume of traffic over the seasons of the year (Figure 1.). In recent years there have been twice as many departing passengers during the summer months compared to the winter. This seasonal pattern is becoming more accentuated over time as the visitor share of passenger traffic continues to grow. The overwhelming majority of passengers (98 %) are carried on domestic airlines (Table 2.). Alaska Airlines, which operates both within Alaska and to destinations in other states, carries the largest volume with Delta, Northwest, and United providing most of the remaining service to the rest of the US. Within Alaska the other important passenger carriers are Era and Peninsula Airlines. Korean, Cathay Pacific, Asiana, and China Airlines are the most important international carriers. iiJJJJJJ il, iii,i ~ Domestic ~ Total I~~ Carriers ~~ ~ 1'~~~] 1,679 :~~~¢~ffi 1,729 l~ 1,807 ~ 1,836 J'~~~~ 1,889 ~~~ 1,917 J~~~ 2,094 ~~~:~:~-.;,~~ 2,132 [~~8'~'~~ 2,093 ~~~2~; ~~ 2,126 Most passengers traveling on international carriers are simply in transit when visiting the Anchorage airport (Table 3.) Institute of Social and Economic Research, University of Alaska Anchorage 6 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 We estimate that only about 7 percent of the passengers on international carriers moving through Anchorage will deplane in fy 2001. Domestic Total Carriers 142 1,529 137 1,069 173 785 187 5'/7 194 543 189 $98 ' 171 679 147 782 165 767 145 688 148 648 142 63? Since dropping precipitously in the late 1980's due to introduction of longer-range aircraft, transit passenger traffic has now stabilized and has been relatively constant for the last several years (Figure 2.). F~ gure 2. ANCHORAGE INTERNATIONAL AIRPORT MONTHLY TRANSIT PASSENGERS 0 ,, 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 Inclucles Schecluled Passengers on Domestic and International Careers Actual anti Seasonally Adjusted Passengers Source: Anchorage International Airport Institute of Social and Economic Research, University of Alaska Anchorage 7 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 Although the number of passengers served at the airport has been increasing, the number of passenger landings has been trending downward (Figure 3.) as has the gross weight of passenger aircraft landings (Figure 4.). F~ .gure 3' ANCHORAGE INTERNATIONAL AIRPORT MONTHLY PASSENGER LANDINGS 1991 1992 1993 1994 1995 1996 1997 ' 1998 1999 2000 Includes Scheduled Domestic and International Careers Actual and Seasonally Adjusted Landings Source: Anchorage International Airport Figure 4. 800 700 300 ANCHORAGE INTERNATIONAL AIRPORT MONTHLY PASSENGER CERTIFIED ,MAXIMUM GROSS TAKEOFF WEIGHT 1991 1992 1993 1994 Includes Scheduled Domestic and International Carders Actual anti Seasonally Adjuste~ Weight Source: Anchorage International Airport 1995 1996 1997 1998 1999 2000 Institute of Social and Economic Research, University of Alaska Anchorage 8 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 · _ For example in fy 1995 the number of passenger landings was 61,142 (Table 4) but we estimate that in fy 2001 the number will be 52,226--a reduction of 15 % in 6 years.. This will represent 56% of the total number of revenue landings at the airport. Domestic Total Carriers - .-- . . 53,159 $9~52 60~887 65~468 68~557 71,459 62,889 65~086 58,415 60,617 58,844 '61,142 52,817 55,474 55,351 58,720 57,108 60,539 50,857 53,814 51,742 54,427 ' 52:~26 Institute of Social and Economic Research, University of Alaska Anchorage 9 of 34 Ted Stevens Anchorage International Airport. Economic Significance July, 2001 Between 1995 and 2000 the weight of passenger aircraft initially jumped up but has been trending downward for most of this period (Table 5.), and we estimate 2001 to be 5,756 million tons. This will represent 27 % of the total certified maximum gross takeoff weight of commercial aircraft at the airport. Domestic Total Carriers 4,395 8,792 4,707 7,875 ~,139 7,065 5,009 6,358 4,720 6,128 4,501 6,106 4,498 6,313 4,528 6,842 4,398 6,.~91 4,365 6,261 4,385 6,180 Recent events that have impacted or will impact passenger traffic at the airport include' · Additional summer non-stop domestic flights to different cities in the lower 48 states such as Newark, and · Alaska Railroad construction of a terminal at the airport for moving passengers. Cargo Cargo activity at the airport has been expanding rapidly for a decade and this has accounted for the majority of the total growth in activity at the airport. The airport does not have complete data on the weight or volume of cargo moving through Anchorage, but according to the Airport Council International, in 2000 Anchorage ranked 5th in the world in the weight of total cargo--including cargo in transit (Table 6.). This is in sharp contrast to a rank of 147m in the world in passenger traffic, and 46th in terms of total movements (commercial and non-commercial). Institute of Social and Economic Research, University of Alaska Anchorage 10of34 Ted SteVens Anchorage International Airport, Economic Significance July, 2001 Airport % Change Memphis 3.2 Hong Kong 13.3 Los Angeles 5.9 Tokyo (NRT) 4.9 ANCHORAGE 10 Seoui 13.2 New York 5.7 Frankfurt 11.1 Singapore 12 Miami -.5 The annual growth rate in the number of cargo landings has been over 9 % since 1990, reflecting a doubling in about 8 years (Figure 5.). Figure 5 4,000 3,500 3,000 2,500 2.000 1,500 1,000 ANCHORAGE INTERNATIONAL AIRPORT MONTHLY CARGO LANDINGS 1991 1992 1993 1994 Includes Domestic and International Careers Actual and Seasonally Adjuste¢l Landings Source: Anchorage International Airport 1995 1996 1997 1998 1999 2000 Institute of Social and Economic Research, University of Alaska Anchorage 11 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 Growth was temporarily halted during the Asian recession in 1998 but quickly resumed. The increase has been shared among international carders such as Federal Express, Korean Air, United Parcel Service, Japan Airlines, Nippon Cargo Airlines, China Airlines, Asiana, Polar Air, Cathay Pacific, and Eva Airways and domestic carders some of which operate internationally such as Northwest and Polar Air and Alaska, and some of which operate only instate such as Northern Air Cargo (Table 7.). (Table 7A shows total flight landings with domestic carders that operate internationally moved to the imemational cargo category.) .omesuc Carriers 7,580 ~.' ~"~'.'~ ~/:'~q-'"' ~:'. ' 19,079 7,077 18,849 7~oo ::~ ..... ' llsqo '--~g 2O, lOO 8;113 ~~ 21,732 7,990 ~~t 23~6326~52 11,986 3i~79 13,753 ~~~]~ 38,144 Domestic C.r o 5,905 ~' ' ~:2~"~ ~1.'4--,~ 19,079I 5,626 ~~~~~ 18,849I 5,450 ~~ ' 2o,~oo/ 4,843 ~~ ~~~3~~~ 19,106/ 6~64 ':~:?'. :~68 ~ .~ 21,732/ 7,752 10,544 ['¢'~';~ ' ·" 88 ~ 33,932 11~09 .~:-~ ~6" 35 ..'.~;~ 38,144 b'.a~/fit on fa. st ~ of year. . yeit-~i'~:v-e'n~ An~:h6ra InternatiOnal ': Institute of Social and Economic Research, University of Alaska Anchorage 12 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 Because the number of passenger landings has dropped during the 1990's growth in total- landings has been less than cargo landing growth and the cargo share of total landings has increased (Figure 6.). Figure 6 ANCHORAGE INTERNATIONAL AIRPORT MONTHLY REVENUE LANDINGS PASSENGERS r"] CARGO Includes $checlul~l Domestic ami International Carders Source: Anchorage International Airport We expect total landings to be 92,611 in fy 2001 with cargo accounting for 40,386--44% (Table 8.). This is an increase in the cargo share of landings from 24 % in 1990. ~..[~~3.~ 65,468 i~i~~49 .... ,~g] ' 84,317 ~' '"- -~'~ .... '~ 71,459 ~~'100: ;~' ~''': . =:..- ....... :--:.-.~.,.~~'..'4! 91,559 ~~ 68,086 ~~4~ 84,19:2 ~ 60,617 ~~7~.~:~~ 82,349 ~i 61,142 ~ii~',~ 84,S05 ~~~~ 55,474 ~~. _.~~'i~ii~ 82,026 ~9~.~.:; ~'~2{ 58,720 ~~3:f9-~ ~] 90,099 ~~ 60,539 ~~~003~~ 94,542 ~~ 53,814 ~~~~ 87,746 ~~ 54,427 ~~4~''~ -- ?_7~ 92~71 ~~. 52~26 . Tea S~eye~ ~ch6mge Institute of Social and Economic Research, University of Alaska Anchorage 13 of 3'4 Ted Stevens Anchorage Intemational Airport, Economic Significance July, 2001 i i iii ii The weight of cargo aircraft moving through Anchorage has increased almost as fast as the number of cargo aircraft, growing at an annual average rate of 8.4 % during the 1990s (Figure 7.). The increase has been concentrated among the international carders (Table 9) who are expected to account for 88 % of the total traffic by weight in fy 2001. (Table 9A shows total weight with domestic carriers that operate internationally moved to international cargo category.) Figure 7. 2.200 8oo ANCHORAGE INTERNATIONAL AIRPORT MONTHLY CARGO CERTIFIED MAXIMUM GROSS TAKEOFF WEIGHT (CMGTW) 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Inclutle$ Domestic and International Careers Actual and Seasonally Adjusted Weight Source: Anchorage International Airport * · .9, .19 Domestic Carriers 1,966 1,740 1,897 1,780 1,904 1,950 1,954 2,190 2,722 2,352 2,584 2, half6f ~A~ti0ra ,rrlers 7 Total 10,345 10,243 10,965 10,530 11,422 12,863 14,109 15,846 17,473 17,399 20,268 21 Institute of Social and Economic Research, University of Alaska Anchorage 14 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 Domestic. [~~~'~'E N/A ~ 10,345 N/A ::~i~;':' ? ':~:'~.: .~., :''::~:~' ~~ 10~43 518 ~, 1~[,- ' 12,863 ~63 ' 14,109 626 ~ ~~ 1S,846 729 ~ ~ ] ~~~~~ 17,473 The cargo share of total weight is greater than its share of total landings because of the larger size of cargo aircraft (Figure 8.). Figure 8. ANCHORAGE INTERNATIONAL AIRPORT MONTHLY CERTIFIED MAXIMUM GROSS TAKEOFF WEIGHT · 1- 2,500 2,000 1,500 Z 1,000 Z 500 0 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 PASSENGERS r'l CARGO Includes Schecluled Domestic and International Carriers Source: Anctlorage International Airport Institute of Social and Economic Research, University of Alaska Anchorage Ted Stevens Anchorage International Airport, Economic Significance July, 2001 In fy 1990 54 % of the weight was cargo movements. In fy 2001 we expect total weight to be 27,462 million pounds (Table 10) with 79 % being cargo movements. Passen: Total 8,792 19,137 7,875 18,119 7,065 18,030 6,328 16,889 6,128 17,~$1 6,106 18,969 6,313 20,422 6,842 22,688 6,$91 24,064 6,261 23,660 6,180 26,448 5,756 27, The number of flights and the total weight of cargo moving through the airport is growing because of the expansion of the international air cargo markets across the Pacific and between the US and the Pacific and Europe. Most of the international cargo flights · stopping in Anchorage are moving between the Pacific and cities in the US. Anchorage is the most convenient location along this route for refueling. A large share of the international movements is "gas and go" operations during which the cargo remains aboard the aircraft in transit. A number of carders have chosen to make Anchorage a hub location and this greatly increases the level of activity on the ground associated with each flight by these carders. Among the important hubbing activities are customs clearance and package sorting between aircraft bound for different destinations. Additionally some carders do maintenance in Anchorage, provide training, and base crews locally. The international air cargo market is growing fast, but it is also very competitive and the carders are constantly searching for more cost effective methods of operation. As a consequence carrier operations are continuously in flux. Carriers will add or drop flights, they will change their service provider or choose to provide their own services while on the ground, they will add hubbing activities or drop them, etc. Thus a description of the cargo operations on the ground is constantly changing. Institute of Social and Economic Research, University of Alaska Anchorage 16 of~'4 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 In the last 2 years there have been a number of changes in air cargo operations that have generally contributed to the increase in cargo activity at the airport. Among the most important of these have been: The Alaska Cargopon opened in mid-2000, · Northwest Airlines began making Anchorage a global cargo hub, · FedEx, UPS, and Northwest obtained fights to new US-China routes through Anchorage, · United Airlines closed its Anchorage hub, · Reeve Aleutian Airlines went °ut of business, and FedEx began considering expansion of their hubbing facilities. Air Taxis and General Aviation~ About 35 air taxi operators are based at the airport, making an estimated 32,000 round trips annually from Anchorage. A number of charter air carriers whose services are targeted toward business clients are also located or headquartered at Anchorage' International Airport. The exact scope of their operations is difficult to estimate accurately because of the absence of detailed reporting of their activities either to the airport or the FAA. About 1,000 general aviation aircraft are located at the airport, including Lake Hood, engaging in nearly 96,000 operations annually. About 700 of these general aviation aircraft are located at airport operated tiedown spaces or slips' the rest are at privately owned tie downs or slips. Other Tenants There are a number of government agencies with operations at the airport, some of which directly use air services and others that benefit from being close to the airport, but could be located elsewhere. The largest tenant in the former category is the Kulis Air Force Base while the largest tenants in the later category are the US Postal Service and the Southcentral Region Headquarters of the Alaska Department of Transportation. ~ The figures for this section are taken from the 1995 ISER report entitled The Economic Contribution of the Anchorage International Airport. Institute of Social and Economic Research, University of Alaska Anchorage 17 of 34 Ted Stevens Anchorage Intemational Airport, Economic Significance July, 2001 ® JOBS AND PAYROLL AT THE AIRPORT The number of jobs (annual average) in Anchorage in the air transport industry, according to the Alaska Department of Labor, .was 5,872 in 1999, generating an annual payroll of $273 million (Table 11.). These represent about 2/3 of all the jobs at the airport. (A small fraction of the air transport industry jobs in Anchorage are not at the airport. Most of these are at Merrill Field, the general aviation airport of the Municipality of Anchorage.) We estimate air transport employment in 2000 will be 6,102. Air Transport Jobs 4,149 4,523 4,721 4,716 4,864 4,695 4,650 5'094 5,720 5,872 6,102 ['' cfi ........ " "-'-~':'"":~ '..4.~-m.l~. onb~ase, d on first half of year.. · :_:.;.. , .... · ...... .., * ,z~..- ...... . ..... , ..... . Some. Alaska Department of Labor SIC Code Institute of Social and Economic Research, University of Alaska Anchorage 18 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 , I,I Since 1990 air transport job growth has been averaging 3.2 % per year (Figure 9.), compared to 1.7 % for total wage and salary jobs in Anchorage and 2.0 % for the Greater Anchorage Area. The sharp decline in the mid 1990's was due to Markair's expansion and subsequent bankruptcy. Between 1990 and 1998 Anchorage employment increased by 16,793 wage and salary jobs---a 15 percent increase. About one in ten of those new jobs, 1,550, were in air transport--a 3 7 percent increase. Figure 9. ANCHORAGE AIR TRANSPORT EMPLOYMENT 6,500 6,000 '5,500 5,000 4,500 4,000 3,500 90 91 92 93 94 95 96 97 98 99 0 1 2 seasonally adjusted and trend Source: Alaska Department of Labor Institute of Social and Economic Research, University of Alaska Anchorage 19 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 The total number of jobs at the airport in 2000 averaged 9,119, with a slight peak during the summer months at the height of the tourist season (Table 12.). As the international cargo share of total activity has increased, the seasonality of employment has declined marginally. The total payroll was $367 million. Total wage and salary employment in Anchorage in 2000 was 134,500 (Alaska Department of Labor, Alaska Economic Trends, April 2001). Consequently nearly 7 % of all wage and salary jobs were located at the airport. The total labor payroll in Anchorage in 1999 (the most recent year for which the data is available) was $4,555 million. Consequently about 8 % of all payroll was generated at the airport. Annual Employment 9,119 2,5.02 2,420 1,152 253 422 351 320 709 479 208 120 82 59 42 biise o" .... ' "and caterers ..... Average Annual Earnings $' $40,246 $45,324 $45,324 $26,280 $29,292 $31,524 $36,936 $45,768 $42,765 $45,768 $19,044 $19,068 $45,732 $25,296 $36,408 Institute of Social and Economic Research, University of Alaska Anchorage 20 of 34 Ted Stevens Anchorage International Airport, Economic Significance Jobs By Employer July, 2001 Most of the air transport jobs are with the air carriers (Figure 10.). Fi gure 10. ANCHORAGE INTERNATIONAL AIRPORT JOBS AT THE AIRPORT BY EMPLOYER IN 2000 AIR CARRIER: INTERNATIONAL AIR CARRIER: DOMESTIC AIR SERVICE PROVIDERS AIR TAXIS & CHARTERS FREIGHT FORWARDERS STATE GOVT: AIRPORT OPERATIONS FEDERAL GOVT: AIRPORT OPERATIONS GOVT TENANTS: USING AIR SERVICES GOVT TENANTS: AVIATION RELATED PASSENGER SERVICES: CONCESSIONS CAR RENTAL AGENTS CONSTRUCTION: AIRPORT FACILITIES PRIVATE TENANTS: USING AIR SERVICES PRIVATE TENANTS: NOT AVIATION RELA 0 500 1000 1500 2000 2500 TOTAL ANNUAL AVERAGE JOBS -- 9,119 The largest air carder employers are FedEx, Alaska Airlines, and United Parcel Service. The largest employers are not always the carriers with the largest number of flights however because the operations of each cartier are unique. For example, some cargo carders are "gas and go" while others operate hubs. Some purchase ground services from other carders while others provide their own ground services and also contract out to provide services to other carriers. Some have large numbers of crew based in Anchorage while others merely lay crew over in the local hotels. The rest of the air transport jobs at the airport are in the air service provider and the air taxi and charter industries. The air service providers give ground support to the air carders through services such as fuel provision, catering, maintenance, baggage handling, cleaning, paperwork, warehousing cargo, garbage disposal, and bus service. (Fuel suppliers and caterers are not counted in the air transport industry by the Alaska Department of Labor but we include them in this category to simplify the presentation.) The air taxis and charters tend to be small carriers that do not have regularly scheduled flights. The other jobs at the airport are associated with freight forwarding, various government agencies, passenger services, construction, and a small number of' private tenants. These jobs as a group have not been growing as rapidly as the air transport jobs that have been Institute of Social and Economic Research, University of Al'aska Anchorage 21 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 driven by expansion of the international air cargo business. The private companies derive most their business from activity within the state such as the transport needs of businesses operating in rural Alaska or the number of tourist visitors. The 1,859 government agency jobs---operating the airport, running the post office, maintaining the customs and immigration station, manning Kulis Air Force Base, and working for the Alaska Department of Transportation regional office---are not particularly sensitive to the number of flights, the number of passengers, or the amount of freight coming through the airport. Jobs By Service Provider Most of the businesses and some of the government agencies operating at the airport are providing air transport services to either passengers or cargo. We roughly attribute 51% of the jobs at the airport to the provision of air cargo services, both international and domestic (Figure 11.) Figure 11. ANCHORAGE INTERNATIONAL AIRPORT JOBS AT THE AIRPORT BY TYPE OF SERVICE IN 2000 PASSENGER 2,902 31.4% FREIGHT 4,698 5O.9% TOTAL ANNUAL AVERAGE JOBS = 9,119 OTHER 1,289 14.0% GENERAL AVIATION & AIR TAXI 3.7% Next in order of importance is the provision of se~ices to passengers which accounts for 31% of all the jobs. General aviation and air taxi services together account for only about 4 % of all jobs. The remaining 14 % of the jobs consist of government and private tenants using air transport services. Jobs By Client Served Another useful way to characterize the jobs at the airport is based upon the client served. We can think of the airport as serving 5 major types of customers---the international air cargo industry, Anchorage residents, other Alaskans, non-Alaskan visitors, and Institute of Social and Economic Research, University of Alaska Anchorage 22 of 3~ Ted Stevens Anchorage International Airport, Economic Significance July, 2001 public/private tenants. Viewed in this way, the largest share of jobs, 34 %, serves the international air cargo industry. Next in order of importance, at 21%, are the jobs providing passenger and freight services to Anchorage residents. Other Alaskan passenger and freight needs account for another 19 %. Visitors to Alaska account for 13 % of the jobs at the airport. The remaining 14 % is accounted for by public and private tenants (Figure 12.). Figure 12. ANCHORAGE INTERNATIONAL AIRPORT JOBS AT THE AIRPORT BY CLIENT SERVED IN 2000 INTERNATIONAL CARGO 3,058 33.5% ANCHORAGE BUS AND HH 1,869 20.5% OTHER ALASKANS 1,728 18.9% TOTAL ANNUAL AVERAGE JOBS = 9,119 PUBLIC / PRIVATE TENANTS 1.289 14.1% NON-ALASKA VISITORS 1,176 12.9% Payroll The average wage paid at the airport varies with the type of business, with air carrier and federal government jobs being at the top end and retail concession jobs at the lower end. The average annual wage at the airport ($40,246) is higher than for all wage and salary jobs in Anchorage ($35,400 in 1998). This accounts for the payroll being a larger portion of the Anchorage total than jobs. Indicators of Economic Importance The airport plays a much larger role in the regional economy, measured by jobs or payroll, than virtually any other community in the US. In 1998, according to the US Department of Commerce, the air transport payroll in Anchorage was 5 % of total payroll. For the US as a whole air transport was only 1% of the total payroll (Figure 13.). In only one community---Fort Worth-Arlington, Texas--was the air transport share greater than in Anchorage. Institute of Social and Economic Research, University of Alaska Anchorage 23 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 Figure 13. Air Transport Share of Total Earnings 1998 5% 4% 3% 2% 1% O% US Anchorage Source: US Department of Commerce Another indicator of the importance of air transport activity for the economy comes from the fact that 10 of the 100 largest private companies in Alaska are in the air transportation business (Table 13.). The list includes 8 air carriers, one ground service provider and one catering business. (For 2000, Reeve Aleutian and United Airlines would drop off the list, but other carriers might move into the top 100.) Organization Alaska Airlines Federal Express Era Aviation United Parcel Service PenAir Northwest Airlines Reeve Aleutian Airways LSG Sky Chefs Swissport Services United Airlines Institute of Social and Economic Research, University of Alaska Anchorage 24 of 34 Ted Stevens Anchorage International Airport, Economic Significance Analysis of Growth Since 1990 July, 2001 The composition of employment growth since 1990 reflects the expansion of the tourism industry, growth in consumer purchasing power from the Permanent Fund Dividend, and larger federal government transfers to the state for construction and operation of non- profit corporations' Trade, other services, health care, and engineering services accounted for most of the jobs added to the economy (Figure 14.). Notably, oil and gas, manufacturing, and federal civilian jobs all declined. Figure 14. Anchorage Employment Grow(h 1990-1998 Trod, Other Services Health Engineering AIR TRANSPOR Buaineee Servtc Conatruction Finance Local Govt State Govt Other Traneport Agl~CUlturelMiac anufacturlng Federal Civilian 011 and Gae (2) (1) 0 Finance includes Insurance and Real Estate Other Transport includes Communications and Public Utilities Oil and Gas includes Mining 1 2 Thousand 3' 4 $ Total earnings growth over this same period was $289 million (1998 $)~7 %. Air transport real earnings, which grew by $95 million, was the largest single contributing sector to the increase (Figure 15.) as well as being the sector with the largest percent increase--55 %. The other sectors contributing significantly to increased earnings were health, engineering, trade, federal civilian, business services, and finance. Oil and gas earnings fell $138 million -28 %-and state government and other transport were also lower in 1998 than in 1990. Institute of Social and Economic Research, University of Alaska Anchorage 25 of 34 Ted Stevens Anchorage Intemational Airport, Economic Significance Figure 15. July, 2001 Anchorage Real Earnings Growth 1990-1998 AIR TRANSPORT- Health - Engineering - /raae - Federal Civilian - Buaineaa Services ' Finance Local Govt Other Services AgdoultumlMlac -- Manufacturing Conatruction -- Other Tranaport -- State Govt Oil and Gas - I (alSO) ($1oo) ($so) $0 $50 $100 Million 1998 $ Finance includes Insurance and Real Estate Other Transport includes Communications and Public Utilities Oil and Gas includes Mining Thc growth in total earnings in air transport was greater as a percentage than the growth in employment because the real monthly wage also increased in air transport by $466 (1998 $). This real wage increase was exceeded only by that of federal civilian workers (Figure 16.). The average monthly wage grew in that sector by $499. Figure 16. Anchorage Real Monthly Wage Growth 1990-1998 Federal Civilian AIR TRANSPORT Mlnufacturtng Finance Bt~lnes~ Sewlc~ Health Agrlculture/Miec OII and G~ Englnesrlng Oth~ Services Trade Local Govt Other Transport State Govt Construction ($1,ooo) ($soo) Finance irck~es Insurance and Real Estate Other Transport emludes Communications and Public Utilities Oil arm Gas includes Mining 98 $ $0 $500 Institute of Social and Economic Research, University of Alaska Anchorage 26or34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 The real wage also increased in manufacturing, by $368 per month, in financial services by $113 and in business services by $90 per month. Most other industries saw a drop in the average real wage over this period. For example in construction the average real wage declined by $831 per month. The contribution of growth in air transport employment from 1990 to 1998 is further underscored by the average monthly wage paid by industry in 1998. The oil and gas industry wage was the highest (Figure 17.). Federal civilian, construction, and air transport came next in the ranking. Payroll in these industries averaged about $4,000 per month (1998 $). In contrast many trade and service jobs had a monthly wage of less than $2, 000. Figure 17. Anchorage Average Monthly Earnings 1998 OII and Ga8 Federal Civilian Construction AIR TRANSPORT Local Govt Emlln#dna Other TrantuoR Stat~ Govt Finance Mainufactudng H#lth Business Services Trade Ag_d_culturelMIsc Other Services $0 $1 $2 $3 Finance includes Insurance and Real Estate Other Transport includes Communications and Public Utilities Oil and Gas includes Mining $4 Thousand $8 $6 $7 $8 Institute of Social and Economic Research, University of Alaska Anchorage 27 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 ® TOTAL ECONOMIC SIGNIFICANCE OF THE AIRPORT The activities at the airport create jobs and payroll not only onsite at the airport, but also offsite in the rest of the Anchorage and Greater Anchorage economies. We consider offsite jobs that arise from airport businesses making purchases of goods and services offsite (including spending for crew layovers), as well as offsite jobs that arise from workers at the airport spending their income on goods and services within the community. The majority of these offsite jobs are in the trade and service industries. Since the average wage paid at the airport is relatively high, the spending within the community by the typical onsite worker will be relatively high. We estimate that the 9,119 workers at the airport support 5,631 jobs offsite (Table 14.) Combining the onsite and offsite jobs results in a total of 14,759 jobs in Anchorage that are attributable to operations on airport property. These jobs account for $515 million in earnings. Based on total wage and salary employment in 2000 of 134,500 for Anchorage, nearly 11% of the wage and salary jobs are attributable to activities taking place at the airport. Furthermore at 14, 759 jobs, the airport, including offsite jobs, would rank as the 5th largest economy in the state after the Municipality of Anchorage, the Fairbanks North Star Borough, the Borough of Juneau, and the Kenai Peninsula Borough. Sum Interna- Anchorage Other Non- Tenants tional Residents Alasknns 'Alaska Visitors 14,750 5,185 3,075 2,697 1,604 2,188 9,119 3,058 1,869 1,728 1,176 1,289 5,631 2,127 1,207 970 428 899 $ $15 $ 178 $ 105 $ 98 $ 53 $ 84 $ 367 $ 126 $ 75 $ 69 $ 42 $ 55 $ 148 $ 53 $ 30 $ 26 $ 11 $ 28 We estimate that 808 jobs at the airport are not directly related to air transport or providing services to the airport, or cargo or passenger operations. Nonetheless these tenants--the Post Office, the regional headquarters of the Alaska Department of Transportation, and a few private tenants--all benefit from being located at the airport. Institute of Social and Economic Research, University of Alaska Anchorage 28 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 200 The total economic significance of air transportation activities at the airport is measured net of these tenants. It is 13,427 jobs and $466 million of earnings (Table 15.). JOBS PAYROLL million $ Onsite Offsite Total Onsite Offsite Total 808 :515 1,323 $ 33 $ 16 $ 49 1,869 1,207 3,075 $ 75 $ 30 $ 105 Finally we can consider that part of the activities at the airport that contributes to economic growth in the community by bringing outside money into Anchorage. This outside money is associated with the passengers moving through the airport who are not residents of Anchorage as well as the cargo that is not associated with Anchorage residents and businesses. Three of the main types of clients using the airport ~ International Cargo, Other Alaskans, and Non-Alaska Visitors--fall into this category. Economists call these activities that bring money into a community basic sector activities. The Anchorage airport is unusual for a community of its size in the importance of these basic sector activities in its overall makeup. Most airports in communities of 260,000 people primarily provide services to their own residents but have only a limited reach beyond a small service territory. Generally, only airports in much larger communities might derive a large share of their employment from serving non-residents. The importance of non-resident customers is the main reason employment at the Anchorage airport is so large relative to the size of the community. Basic sector jobs at the airport total 6,643 with a payroll of $259 million. The total economic impact in the community of these basic sector jobs is 10,352 jobs and $361 million of earnings. By way of comparison, the mining industry (primarily oil and gas) reported employment of 3,515 in Anchorage in 1999 with a payroll of $316 million. (This excludes many oil and gas industry employees who live in Anchorage and work on the Institute of Social and Economic Research, University of Alaska Anchorage 29 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 North Slope.) Total federal government employment (some of which is at the airport) was 9,850 with a payroll of $474 million. Consequently when viewed as a basic industry for the community, the airport is one of the large contributors to the strength of the economy. Institute of Social and Economic Research, University of Alaska Anchorage 30 of 34 Ted Stevens Anchorage International Airport, Economic Significance _ 6. TOTAL ECONOMIC VALUE OF THE AIRPORT July, 2001 The contribution of the airport to the economy of the community and the state goes beyond the generation of jobs and payroll from providing air transport and other services. The airport is part of the infrastructure supporting the activities that provide benefits to all Alaska households and businesses. These benefits exceed the cost of these services to Alaskans, but we cannot measure the size of this net benefit. Clearly, without the airport, the cost for transporting goods and people to and within Alaska would be considerably higher than they are today. Thos would raise the cost of living throughout the state, which would reduce the well-being of virtually every household and raise costs for every business. One of the more obvious benefits the airport provides is access to the community and state for visitors from out of state as well as from other communities within Alaska. These visitors come for a variety of reasons, such as tourism, shopping, and medical services, and while here support local businesses and stimulate employment through their expenditures. We estimate that spending in Anchorage by visitors who arrive by air annually accounts for 6,051 jobs in the community and $115 million of payroll (Table 16.). Many, if not most, of the non-resident visitors continue on to other locations within the state and impact those economies as well. JOBS PAYROLL Ilion $ Onsite Offsite Total Onsite Offsite Total 297 6,051 6,051 $ 6 $ 109 $ 115 82 2,684 2,766 $ 2 $ S1 $ ~3 215 3,070 3,285 $ 4 $ 58 $ 62 Institute of Social and Economic Research, University of Alaska Anchorage 31 of 34 Ted Stevens Anchorage International Airport, Economic Significance ® AIRPORT ECONOMIC IMPACT RULES OF THUMBz July, 2001 Growth of international cargo traffic is causing rapid growth at the airport, and this is contributing to a strengthening and diversification of the economic base in Anchorage. Existing carders are increasing the number of flights through Anchorage; new carders are using the airport; and the activities in support of cargo handling are expanding at the airport. In the past, international cargo flights were mostly "gas and go" operation, with planes on the ground in Anchorage for little more than an hour. How many carriers have established bus in Anchorage and are finding it advantageous to do sorting while on the ground Once they have begun this activity, other opportunities open for further expansion, such as maintenance and training activities in Anchorage. Relating growth in cargo moving through the airport to employment growth is difficult became of the variety of activities related to cargo handling and the different operations characteristic of each carder. It is clear, however, that the employment effect of cargo activity is related to time on the ground. Simple illustrative roles of thumb identifying the annual average employment associated with the average flight per week with various characteristics are shown in Table 17. INTERNATIONAL CARGO PASSENGER Year Round INTERSTATE DOMESTIC PASSENGER Year Round This section is taken directly from the 1998 ISER report entitled Anchorage International Airport 1998: Economic Significanc,e. Ted Stevens Anchorage International Airport, Economic Significance July, 2001 For each type of flight we show the number of annual average jobs associates with air transport services that are generated onsite at the airport and offsite within the community. In addition, for passenger flights that bring non-resident into Southcentral Alaska, we show the number of jobs created by spending by these visitors within Anchorage and in the rest of Southcentral Alaska. A new weekly cargo flight without sorting and handling would add on average about 8 jobs, 5 at the airport, and 3 offsite. (The exact number depends on the particular circumstances of the carder. We have found that differem carders with similar umbers of scheduled flights through Anchorage can have very differem numbers of local employees.) With cargo handling, one additional cargo flight per week would add on average 17 jobs, 10 at the airport and 7 offsite. The rules of thumb for destination passenger flights are very dependem upon whether the flight and cabin crews are based in or only layover in Anchorage. For a weekly international passenger flight with crease based in Anchorage, 21 jobs would be created, including the fight crew. Thirteen of those jobs would be at the airport, and 8 offsite. The total impact on the community of a weekly international passenger flight is much greater than simply the jobs generated from the transportation services provided to the travelers. If we assume that a new flight brings new tourist visitors into the state (rather than taking Alaskans out), the average international passenger destination flight would represent the creation of 258 average annual jobs in Alaska in the tourist industry and throughout the rest of the economy. Of these, 237 jobs would be the result of visitor spending and 21 would be due to the provision of ~ir transport services. Another set of rules of thumb is shown in Table 18. These show the number of jobs and the size of the payroll generated within the Anchorage economy from each $1 million in additional sales (or expenditures) by various businesses at the airport. For example, an increase in air carrier receipts of $1 million would increase employment in Anchorage by 14.2 jobs, and generate additional payroll of $.41 million. Institute of Social and Economic Research, University of Alaska Anchorage 33 of 34 Ted Stevens Anchorage International Airport, Economic Significance July, 2001 EXAMPLE Receipts from general operations increase $1 million Increase in crew spending in Anch by $1 million Fixed Base operator sales increase $1 million Receipts increase $1 million Air charter sales increase $1 million Kulis Air Base budget increnses $I million Post Office budget increases $1 million Airport operating budget increases $1 million Restaurnnt receipts increase $1 million Sales increase $I million Travel Agency receipts increase $1 million Sales of generic private industry increase $1 million Airport consmsction budget increases $1 million Visitor spending increases $1 million Visitor spending increases $1 million PAYROLL (million $) $.41 $.45 $.49 $.45 $.41 $.64 $.64 $.50 $.45 $.71 $.22 $.38. $.49 $.49 Institute of Social and Economic Research, University of Alaska Anchorage 34 of 34 AGENDA KENAI., CITY COUNCIL- REGULAR MEETING NOVEMBER 7, 2001 7:00 P.M. KENAI CITY COUNCIL CHAMBERS htt~://www, ci.kenai.ak.us ITEM A: CALL TO ORDER 1. Hedge of Allegiance 2. Roll Call 3. Agenda Approval 4. Consent Agenda *All items listed with an asterisk {*) are considered to be routine and non- controversial by the council and will be approved by one motion. There will be no separate discussion of these items unless a council member so requests, in which case the item will be removed from the consent agenda and considered in its normal sequence on the agenda as part of the General Orders. ITEM B: SCHEDULED PUBLIC CO_MM~NTS (10 minutes) Kathy Gensel -- Alaska's Junior Miss Scholarship Program/Request for Donation. ITEM C: _ PUBLIC HEARINGS , e e ,, Se Ordinance No. 1939-2001-- Finding Certain City-Owned Foreclosed Land, Identified as Lot 2, Block 1, Kaknu Komers, is Needed for a Public Purpose. Ordinance No. 1940-2001-- Increasing Estimated Revenues & Appropr/ations by $45,500 in the General Fund for Ice Maintenance. Ordinance No. 1941-2001 -- Increasing Estimated Revenue and Appropriations by $12,000 in the Water and Sewer Fund for a Water Rate Study. Resolution No. 2001-79 -- Requesting the State of Alaska Department of Fish & Game to Take Necessary Actions to Provide for Protection of the Environment During the Dip Net Fishery .at the South Side of the Mouth of the Kenai River. Resolution No. 2001-80 · Recommending the Alaska Historical Commission and the U.S. Board of Geographic Names Officially Name an Unnamed Peak in the Aleutian Range, Mount Saint Florian. -1- , , , , Resolution No. 2001-81 -- Awarding the Bid to Dr. Ice for Ice Maintenance and Refrigeration Technician Services - 2001 for the Total Amount of $15,357.75 Per Month. Resolution No. 2001-82 -- Awarding a $14,765 Sole Source Contract to Office Products Services for Laserfiche Software with Training and Installation Support. Resolution No. 2001-83 -- Designating the Kenai Coastal Trail Project as the City of Kenai's Number One Overall STIP Capital Improvement Project. Resolution No. 2001-84 -- Adopting the City of Kenai, Alaska 2002- 2003 Capital Improvement Project (CIP) Priority List for Request of State Grants. 10. Resolution No. 2001-85 -- Supporting the State Department of Natural Resources Purchase of Property Identified as Lots 3-6, Wild Rose Subdivision, Kenai, Alaska for Development of a Boat Launch Access Facility for the Lower Kenai River. ITEM D- ,, COMMISSION/COMMITTEE RRPORT~ lo 2. 3. 4. 5. 6. 7. Council on Aging Airport Commission Harbor Commission Library Commission Parks & Recreation Commission Plannm§ & Zoning Commission Miscellaneous Commissions and Committees a. Beautification Committee b. Kenai Convention & Visitors Bureau Board c. Alaska Mumcipal League' Report ITEM E: MINUTES o *Regular Meeting of October 17, 2001. ITEM F: ,, CORRESPONDENCE ITEM G: OLD BUSINESS ITEM H: NEW BUSINESS Bills to be Paid, Bills to be Ratified Purchase Orders Exceeding $2,500 , *Ordinance No. 1942-2001-- Amending KMC 14.20.280(c)to Remove the Requ/rement that Notification of Pubhc Hearings be Sent Via Certified Mail. , *Ordinance No. 1943-2001-- Amending KMC 14.05.020 to Increase the Fee for Applications for Variances, Encroachments, Conditional Use Permits, and Amendments to the Kenai Zoning Code or the Official Map from $100 to $200. Various Other Sections of Title 14 are Also Amended to Reflect This Change. e *Ordinance No. 1944-2001 -- Increasing Estimated Revenues and Appropriations by $20,000 in the General Fund and Kenai Coastal Trail Capital Project Fund for Additional Environmental and Permitting Work. e Approval-- Sublease of Pingo Properties, Inc. and Geoffrey M. Graves, Individually to David and Janey Ring -- Lot 6A, Block 1, Gusty Subdivision No. 4. . Approval -- Changes in Kenai Community Library Regulations. 8~ e Approval -- Leif Hansen Memorial Park/Policy and Procedures Amendments. Approval-- Kenai Airport ARFF/SRE Facility/Change Order No. 2 -- $28, .88. Discussion -- Econom/c Development District Forum/November 16 & 17, 2001 -- Sponsorship Request. ~ 11. Discussion -- Borough Ordinance 2001-29/Planning Commission Membership. ITEM I: ADMINISTRATION REPORTS 1. Mayor 2. City Manager 3. Attorney 4. City Clerk 5. Finance Director 6. Public Works Managers 7. Airport Manager ITEM J: DISCUSSION , ,, 1. Citizens (five minutes) 2. Council EXECUTIVE SESSION- None Scheduled ITEM K: Al}... JOURNMENT AGENDA KENAI CITY COUNCIL- REGULAR MEETING NOVEMBER 21,2001 7:00 P.M. KENAI CITY COUNCIL CHAMBERS http' //www. ci.kenai.ak.us ITEM A: CALL TO ORDER 1. Pledge of Allegiance 2. Roll Call 3. Agenda Approval 4. Consent Agenda *All items listed with an asterisk (*) are considered to be routine and non- controversial by the council and will be approved by one motion. There will be no separate discussion of these items unless a council member so requests, in which case the item will be removed from the consent agenda and considered in its normal sequence on the agenda as part of the General Orders. ITEM B' , SCHEDULED PUBLIC COMMENT_q_ (10 minutes) Representatives from Kenai Boy Scout Troop 357 and Nikiski Boy Scout Troop 6t59 -- Citizenship in the Community Merit Badge. ITEM C: e PUBLIC HEARINGS Ordinance No. 1940-2001-- Increasing Estimated Revenues & Appropriations by $45,500 in the General Fund for Ice Maintenance. Remove from table. Consideration of ordinance. Resolution No. 2001-81 -- Awarding the Bid to Dr. Ice for Ice Maintenance and Refrigeration Technician Services - 2001 for the Total Amount of $15,357.75 Per Month. Remove from table Consideration of resolution. Ordinance No. 1942-2001-- Amending KMC 14.20.280(c) to Remove the Requirement that Notification of Public Hearings be Sent Via Certified Mail. Ordinance No. 1943-2001-- Amending KMC 14.05.020 to Increase the Fee for Applications for Variances, Encroachments, Conditional Use Permits, and Amendments to the Kenai Zoning Code or the Official Map -1- from $100 to $200. Various Other Sections of Title 14 are Also Amended to Reflect This Change. Ordinance No. 1944-2001 -- Increasing Estimated Revenues and Appropriations by $20,000 in the General Fund and Kenai Coastal Trail Capital Project Fund for Additional Environmental and Permitting Work. Resolution No. 2001-86- Donating Certain City-Owned Land Identified as Tract A, Baron Park Kenai Youth Addition, Located at the Marathon Road and HEA Access Road Intersection in Kenai, to the State of Alaska for the Location of a Youth Detention Facility. Resolution No. 2001-87- Supporting the "Alaska's Children, Alaska's Future" Statewide Campaign to Achieve Proper Funding for Alaska's Schools and Adequate Funding for Every Alaskan Student. Resolution No. 2001-88 - Adopting a Street Name Change from 81,t Avenue SE to North Strawberry Road. Resolution No. 2001-89 - Supporting Highway Improvements to the Sterhng Highway (MP42-60) to Reduce Safety Hazards that Create Undue Risk of Injury and Road Closures on a Vital Link for the Western Part of the Kenai Peninsula. Resolution No. 2001-90 - Transfemng $20,000 in the General Fund for Abatement of Dangerous Buildings. *Liquor License Renewal- Kenai Golf Course Cafd--Restaurant/Eating Place- Seasonal *Liquor License Renewal - Eagles #3525/Club ITEM D: le 2. 3. 4. 5. 6. 7. ITEM E: , COMMISSION/COMMITTEE REPORTS Council on Aging Airport Commission Harbor Commission Library Commission Parks & Recreation Commission Planning & Zoning Commission Miscellaneous Commissions and Committees a. Beautification Committee b. Kenai Convention & Visitors Bureau Board c. Alaska Municipal League Report MINUTES *Work Session of October 25, 2001. *Regular Meeting of November 7,2001. -2- ITEM F: CORRESPONDENCE ITEM G: ~~.~. ~. :2o ITEM H: f' 7 ' ITEM I' OLD BUSINESS Discussion- Kenai Coastal Trail/Bluff Restoration Project Approval- Aircraft Tie-Down Fees NEW BUSINESS Bills to be Paid, Bills to be Ratified Purchase Orders Exceeding $2,500 Discussion -- Request for FAA Funding-- Hotel/Convention Center Funding in Conjunction with Economic Development for the City. ADMINISTRATION REPORTS 1. Mayor 2. City Manager 3. Attorney 4. City Clerk 5.. Finance Director 6. Public Works Managers 7. Airport Manager ITEM J. DISCUSSION 1. Citizens (five minutes) 2. Council EXECUTIVE SESSION- None Scheduled ITEM K: ADJOURNMENT -3- AGENDA KENAI CITY COUNCIL- REGULAR MEETING DECEMBER 5~ 2001 7:00 P.M. KENAI CITY COUNCIL CHAMBERS http://www, ci.kenai, ak.us ITEM A: CALL TO ORDER 1. Pledge of Allegiance 2. Roll Call 3. Agenda Approval 4. Consent Agenda *All items listed with an asterisk (*) are considered to be routine and non- controversial by the council and will be approved by one motion. There will be no separate discussion of these items unless a council member so requests, in which case the item will be remOved from the consent agenda and considered in its normal sequence on the agenda as part of the General Orders. ITEM B: o ITEM C: · . ITEM D- SCHEDULED PUBLIC COMMENTS (10 minutes) Robert Ruffner -- Kenai River Water Quality Results PUBLIC HEARINGS Resolution No. 2001-91 -- Authorizing the City Manager to Enter Into a Restaurant Concession Agreement for the Kenai Municipal Airport. *2002 Liquor License Renewal -- Kenai Country Liquor/Package Store COMMISSION / COMMITTEE REPORTS o 2. 3. 4. 5. 6. 7. ITEM E: Council on Aging Airport Commission Harbor Commission Library Commission Parks & Recreation Commission Planning & Zoning Commission Miscellaneous Commissions and Committees a. Beautification Committee b. Kenai Convention & Visitors Bureau Board c. Alaska Municipal League Report MINUTES , *Regular Meeting of November 21,2001. ITEM F: CORRESPONDENCE ITEM G: OLD BUSINESS ITEM H: NEW BUSINESS Bills to be Paid, Bills to be Ratified Purchase Orders Exceeding $2,500 Discussion -- Schedule Joint Work Session with Airport Commission to Further Discuss Airport Operations and Taxation. . Discussion -- Update of City Logo Discussion -- Proposed Discounted Pay-Off of Deed of Trust Notes in McLane Bankruptcy Cases. Discussion -- Schedule City Clerk, City Attorney and City Manager Evaluations. ITEM I: ADMINISTRATION REPORTS 1. Mayor 2. City Manager 3. Attorney 4. City Clerk 5. Finance Director 6. Public Works Managers 7. Airport Manager ITEM J: DISCUSSION 1. Citizens (five minutes) 2. Council EXECUTIVE SESSION-- Possible executive session to discuss proposed discounted pay-off of Deed of Trust notes in McLane bankruptcy cases. ITEM K: ADJOURNMENT 2001 Monthly Enplanements Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Totals (.t) ERA 8,300 7,137 8,216 7,058 8,143 9,044 12,093 10,807 6,334 7,582 7,345 (2) 0 0 0 0 0 0 0 0 0 0 0 1996-2000 Total 5 yr. Average 8,300 8,069 7,137 7,478 8,216 8,288 7,058 7,294 8,143 8,076 9,044 9,814 12,093 13,249 10,807 11,41 2 6,334 8,869 7,582 8,692 7,345 8,229 8,174 92,059 0 92,059 nal Municipal Airport Memo To: From- Date' Subject: Airport Commission Rebecca Cronkhite, Airport Manager November 28, 2001 Airport Capital Improvement Program (ACIP) At the last Airport Commission meeting, questions were raised regarding the timing of certain FAA funded airport projects. Below is the current FAA schedule for the Kenai Municipal Airport. The FAA uses this list as a programming tool Only. Project funds have not been appropriated or obligated. This list is based on a very optimistic ACIP funding level, which may see some funds m-programmed for security needs. Year Project Total Funds Construct Aircraft Rescue & Firefighting/Snow Removal 2001 Equipment Buildin~ - (Part 139) Phase 1 $3,233,956 Construct Aircraft Rescue & Firefighting/Snow Removal 2002 Equipment Buildin~ -(Part 139) Phase 2 $700,000 2002 Acquire Snow Removal EqUipment (Loader/Sand Truck) $360,000 2002 Acquire Security Equipment $500,000 2002 Extend Runway 1/19 Safety Area (Design) Phase 1 $363,.000 2002 Extend Runway 1/19 (Design) Phase 1 $200,000 2003 Acquire Land for Approaches $250,000 2003 Reconstruct Security Fence $500,000 2003 Extend Runway 1/19 (Construct) Phase 2 $1,000,000 2004 Rehabilitate Runway 1/19 Phase 1 $950,000 2004 Extend Runway 1/19 Safety Area (Construct) Phase 2 $2,000,000 2005 Rehabilitate Runway 1/19 Phase 2 $1,300,000 2006 Extend Float Plane Waterway 300'/Light $488,381 2007 Expand Apron $700,000 2007 Expand Cargo Apron $950,000 2007 Acquire ARFF Equipment $500,000 www. ci.kenai.ak, us. CITY OF KENAI 210 FIDALGO AVE., SUITE 200 KENAI, ALASKA 99611-7794 TELEPHONE 907-283-7535 FAX 907-283-3014 ~ 1992 MEMORANDUM To: From' Linda Snow, City Manager Larry Semmens, Finance Director~~, Date: December 5, 2001 Subject: Property Tax on Aircraft The attached includes' Comparison of tax for a large charter operator in the Kenai, Soldotna or Nikiski taxing jurisdictions and Anchorage. · Aircraft accounts detail in 2001 and 1998. · Aircraft accounts opened since 1998. · Aircraft accounts closed since 1998. · Memo's regarding personal property tax options. /This information is compiled for distribution at the joint council and airport ~ bar 13, 200 mmissionmeeting on Decem . 1 COMPARISON Of TAX BY LOCATION FOR a LARGE CHARTER OPERATOR Kenai Plane 1 Plane 2 Plane 3 Plane 4 Value City Tax Borough tax Total Tax 97,000.00 339.50 593.52 933.02 121,000.00 423.50 740.37 1,163.87 162,500.00 568.75 994.30 1,563.05 162,500.00 568.75 994.30 1,563.05 543,000.00 1,900.50 3,322.50 5,223.00 Soldotna Plane 1 Plane 2 Plane 3 Plane 4 Value Exemption Taxable Value Total Tax 97,000.00 17,863.72 79,136.28 929.85 121,000.00 22,283.61 98,716.39 1,159.92 162,500.00 29,926.34 132,573.66 1,557.74 162,500.00 29,926.34 132,573.66 1,557.74 543,000.00 100,000.00 443,000.00 5,205.25 Nikiski Plane 1 Plane 2 Plane 3 Plane 4 Value Exemption Taxable Value Total Tax 97,000.00 17,863.72 79,136.28 945.68 121,000.00 22,283.61 98,716.39 1,179.66 162,500.00 29,926.34 132,573.66 1,584.26 162,500.00 29,926.34 132,573.66 1,584.26 543,000.00 100,000.00 443,000.00 5,293.85 Anchorage Registration fee Plane 1 75.00 Plane 2 75.00 Plane 3 75.00 Plane 4 75.00 ,, ,, 300.00 Tax Rates Kenai 3.50 Soldotna 1.65 CES 2.60 CPGH 0.40 Borough 7.00 College 0.10 Nikiski Overlapping 11.00 11.75 11.95 Aircraft Accounts 1998 ACCOUNT PROP TYF ITEM VALUE 06377 Total $ 6,620,000 06465 Total $ 1,640,000 07804 Total . $ 190,000 23732 Total $ 35,500 27984 Total $ 28,000 29610 Total $ 45,000 31869 Total $ 39,000 39767 Total $ 26,000 47341 Total $ 29,000 49440 Total $ 704,250 58009 Total $ 34,712 58772 Total $ 31 ,(XX) 59595 Total $ 12,300 60644 Total $ 16,000 63251 Total $ 45,500 63253 Total $ 125,000 63254 Total $ 37,000 64561 Total $ 23,~ 65155 Total $ 151,500 65328 Total $ 5,000 66625 Total $ 76,000 66711 Total $ 15,0(X) 67095 Total $ 19,758 67118 Total $ 18,000 67546 Total $ 16,750 68978 Total $ 56,100 69028 Total $ 13,430 69550 Total $ 56,000 69552 Total $ 15,(XX) 69574 Total $ 5(X) 69576 Total $ 400 69739 Total $ 43,000 69881 Total $ 15,250 69947 Total $ 24,000 69961 Total $ 14,500 70228 Total $ 240,500 70243 Total $ 39,500 70341 Total $ 30,000 71237 Total $ 10,(XX) 72024 Total $ 9,000 72702 Total $ 8,500 72852 Total $ 24,000 72935 Total $ 36,500 72936 Total $ 58,000 72982 Total $ 3,500 72983 Total $ 16,000 73930 Total $ 52,000 74097 Total $ 15,500 74961 Total $ 46,000 74969 Total $ 10,700 75125 Total $ 22,000 75301 Total $ 8,000 76278 Total $ 17,000 76780 Total $ 41,000 Grand Total $ 10,909,650 Kenai Tax NAME 23,170 SOUTHCENTRAL AIR INC 5,740 KENAI AIR ALASKA INC 665 KENAI AVIATION 124 BOWEN JACK W & WILLIE MAE 98 HEUS CLIFFORD A & KATHLEEN 158 KONTE FRANK J & WILLA D 137 TURNER PAUL E 91 BALDWIN C R & BARBARA L 102 ALASKA TRAVEL CACHE INC 2,465 ERA AVIATION INC 121 RICHEY ROBERTA 109 DOWNS DENNIS 43 CARR JAMES R 56 DESHONG WILLIAM 159 HOLLAND CARL JR 438 LOFSTEDT VERNON L 130 BOBEK JANICE C 82 BENNETT REX D & CAREN A 530 AVIATION INSURANCE OF ALASKA INC 18 WILLIAMSON JAMES 266 PORTER LARRY E & PATRIClA 53 DUKE AVIATION 69 MACHADO DAVID V 63 WILLARD THOMAS K 59 BENTON DEWAYNE 196 ALASKA FLYING NETWORK INC 47 FEDERAL EXPRESS CORPORATION 196 BIELEFELD JAMES L 53 HARPER KEN C 2 MURPHY MARLENA I HOUTZ ALLEN D 151 YRAGUl DAVID N 53 SADDLER DARRELL L 84 EICHHOLZ DEAN W 51 MARBLE CHARLES E 842 LOFSTEDT CRAIG 138 LEONARD DAVID J 105 RONS ALASKA LODGE 35 SUYDAM LOWELL K 32 WHITFORD ROY I 30 MACDERMAID HARRY R 84 GRAY TED J & JOAN 128 ERNST RICHARD D 203 MClNTOSH MARGUERITE A 12 FURLONG WILLIAM D 56 HARALSON DOUGLAS K 182 TYLER FISHERIES INC 54 COPPLE CHRISTOPHER G 161 MOORE DALE E OR TJ HENLEY MOORE 37 MAYNARD TIMOTHY W 77 TERHUNE JON P 28 KIPP GLEN 60 DOUBLE AA CHARTERS/SNOWPLOWING 144 JOHNSON JOHNNY L . 38,184 South Central Air $ 6,620,000 $ 23,170 Net of SCA $ 4,289,650 $ 15,014 Aircraft Accounts 2001 ACCOUNT 2001ITEM VALUE KenaiTax 49440 $ 4,333,427 $ 15,167 06465 $ 1,009,000 $ 3,532 70228 $ 616,000 $ 2,156 78411 $ 354,640 $ 1,241 07804 $ 305,000 $ 1,068 77993 $ 161,000 $ 564 65155 $ 121,000 $ 424 78107 $ 107,000 $ 375 77282 $ 92,000 $ 322 76794 $ 87,000 $ 305 66625 $ 72,000 $ 252 76908 $ 72,000 $ 252 76972 $ 65,951 $ 231 77283 $ 65,000 $ 228 63253 $ 60,000 $ 210 72936 $ 55,000 $ 193 69574 $ 54,000 $ 189 71237 $ 51,000 $ 179 69028 $ 49,082 $ 172 73930 $ 46,000 $ 161 77298 $ 44,000 $ 154 78409 $ 43,652 $ 153 71242 $ 43,000 $ 151 63251 $ 42,100 $ 147 63254 $ 38,700 $ 135 39767 $ 36,400 $ 127 77299 $ 35,600 $ 125 58009 $ 34,256 $ 120 23732 $ 30,867 $ 108 68682 $ 29,100 $ 102 78341 $ 27,980 $ 98 70341 $ 27,100 $ 95 77961 $ 27,000 $ 95 78089 $ 27,000 $ 95 27984 $ 26,100 $ 91 69552 $ 23,500 $ 82 77118 $ 22,200 $ 78 77238 $ 19,600 $ 69 72852 $ 19,600 $ 69 77617 $ 19,600 $ 69 77469 $ 19,500 $ 68 72702 $ 16,831 $ 59 77276 $ 15,800 $ 55 77475 $ 15,800 $ 55 77963 $ 15,600 $ 55 76278 $ 14,900 $ 52 75301 $ 14,500 $ 51 75308 $ 14,500 $ 51 65328 $ 14,500 $ 51 77273 $ 14,300 $ 50 69881 $ 13,200 $ 46 77496 $ 12,500 $ 44 77872 $ 12,000 $ 42 72983 $ 10,330 $ 36 77263 $ 10,000 $ 35 77038 $ 10,000 $ 35 69576 $ 2,000 $ 7 $ 8,619,716 $ 30,169 NAME ERA AVIATION INC KENAI AIR ALASKA INC LOFSTEDT CRAIG LOFSTEDT CRAIG R KENAI AVIATION GROSECLOSE BRIAN K AVIATION INSURANCE OF ALASKA INC ARROWHEAD CAPITAL CORP KENAI HELICOPTERS INC VERSAW AIR INC PORTER LARRY E & PATRICIA THOMSON PETER J EVERTS CUFFORD R LOFSTEDT VERN LOFSTEDT VERNON L MCINTOSH MARGUERITE A MURPHY MARLENA P & ROGER L SUYDAM LOWELL K FEDERAL EXPRESS CORPORATION TYLER FISHERIES INC CRAMER ROGER L WATKINS ROBERT J ALASKA WEST GUIDES & OUTFITTERS HOLLAND CARL JR BOBEK JANICE C BALDWIN C R & BARBARA L NORTHCOTT THOMAS JAMES RICHEY ROBERT A BOWEN JACK W & WILLIE MAE COUP JOE L JOHNSON DWIGHT RON'S ALASKA LODGE BARNES ERIK WALLINGFORD DAVID P HEUS CLIFFORD A & KATHLEEN HARPER KEN C EARL JOHN M AVIGO MARC C GRAY TED J & JOAN HEAZLETT JAMES R STROTHER JOHN & BRENDA J MACDERMAID HARRY R BANKSON MIKE L YOUNG CHARLES CLOUD CONSTANCE L DOUBLE AA CHARTERS/SNOWPLOWING KIPP GLEN WANNAMAKER KlM WILMAMSON JAMES GRIEBEL ANDREW R SADDLER DARRELL L KNACKSTEDT HENRY H 8, OLDENBURG SCOTT J HARALSON DOUGLAS K BOCK JACQUELINE DAWN YANCEY EMRON A HOUTZ ALLEN D Accounts included in 1998 not in 2001 I · , ......... ...- . .NAME'.'.'- -.i'~.-. .' .~.~.i..~ -I..!'g98.~!TEM~C0STITax ALASKA TRAVEL CACHEINC $11,050.00 $ BENTON DEWAYNE $8,700.00 $ BiELEFELD JAMEs L ................................. $39,5b0100 $ cA~R jAMEs R ..................... $7,500.00. $ coPPLEbHRISTOPHER G ............ $13,000.00 $ DESHONG WILLIAM $8,000.00. $ DOWNS' DENNIS ....... DUKE AViATiON EICHHOLZ DEAN W ERNST RICHARD D F~'LO-NG"WIL-LJAM D $12,000.00 $ $9,716.00 $ $8,500.00 $ SI6,000.00 $ $13,000.00 $ JOHNSON JOHNNY L $41,000.00. $ KONTE FRANK J & WILLA D $24,000:'~0 $ LEONARD oArv1D-j ........ ~_¥'i." i~iiiii:i'-/~i ............................................. ..$__15,~0°0:°0': $ MACHADO DAVID V $14,500.00 $ MARBLE CHARLES E ................................................................. $~'0,'000.00 $ M~~A-R-O¥1M-~TH~('-~ $10,000.00. $ Mi~'RE 'DALE'E"OR T~J"H-~NI~E~'M'O-b-RE ..... $42,00~'~)'. $ TURNER PAUL E WHITFORD ROY I $8,S00.00 $ 108.18 38.68 106.75 23.45 138.25 26.25 45.50 28.00 42.00 34.01 29.75 56.00 45.50 143.50 84.00 52.50 50.75 35.00 35.00 147.00 24.50 75.25 29.75 WILLARD THOMAS K YRAGUI DAVID N $OUTHCEN~i~L AIR INC $10,000.00 $ 35.00 $11.000.00 $ 38.50 $8,845,216.00 $23,958.26 .Grand Net of South Central Air $7,266,091.00 $ 25,43.1.32 $ - $420,875.00 $ 1,473.06 $ 58.92 Accounts in 2001 that are not in 1998 2001'ITEM VALUE::.." Kenai Tax:::.-. .'..::: · -' . r ' '..:'-: "'-. NAME::".' "-" '$43,000 $" 150.50"ALAsKA WEST GuIDEs & OUTFITTERS ........ .............. $107,000 $ ..................... '374.50 "ARROWHEAD CAPITAL coRP ........................ $19,600 "$ ....................... 68:60"' AvIGO MARC C ......................................................... ................................ $~5,800 $ .............................. 55.-:~0 .... B'ANKsoN MiKE L .................................................................. ........... $27,000 $ ........................... ~4:50'. BARNEs ERIK .................... $-1.0,000 '$ ................................... 35:-00 BOCK JACQUELINE DAWN ........................................................... ................................... '$-1'~',600 $ ............................ ~'.'60'".(~LOLiD'C'ONsTANCE L .............................. $2911.00 $ ...................... -i--~-i :85 ~ .-(~O-uP-- jOE L ................................... '~8,950 $ ............................ ~'7'i':33' !ci~M'ER RoGER'L ................. $22,'~00 $ ..... 77.~0 ..... EARL"JOHNM ............................................................................ $65;951-'$' 230.83 EVERT~-CLIFFORD R'- $14,300 $ S0.0S 'GRIEBEL ANDREW R ....................... '$~61'i'000 $ .............. 563:'50' 'G-I~$EcLOSE BRIAN 'K ................................... $i9,600 $ ............................ ~8:~ll~"' H~LETT JAMES R $27,980 $ 97.93 JOHNSON DWIGHT ................... $92,000 $ ................. ':~2:b0'". K~NA~i"HELICOPTERS' INC " '$12,500 $ 43.75 KNACKSTEDT HENRY H & ............... $354,640 $ ................... ~'~241',24' 'LOFSTEDT CRAIG R ........................ -$6'$;000 '$ .....227.50 .... L~-I~SyEDT VERN ..................................................... ................................ ~35,600 $ ....................... i"2~':~0'-N~3i~THCOTT THOMAs JAMES ..................................... ......................................... $-i'2,000 $ ............................ ;~'~':00'" OLDENBURG sCOTT J ................................. $~'9:500 $ .............................. ~:25"'-:STROTHER JOHN"& BREN'DA~J $72,000 $ 252.00 THOMSON PETER J $87','§19 ~"$ 307.72 ~VER$~.W'~JR~'INC $~7,000. $ ~.$0 :WALLINGFORD DAVID P $14,500. $ 50.75 WANNAMAKERKIM ............................ -$~'~52' '~'" 152.78 WATKiNS"ROBERTJ .... ............................... -$-~'0;000 $ .............................. -~:(~'0'-:~:ANb-EY EMRoN A ................................... -$i'5'.800 ' $ ............................ 55:30' YOUNG'CHARLES ................................................................. ................................. $'~-;489,192 ........................... -$51'2i2 .................................... Memom&tm Linda Snow, City Manager Larry Semmens, Finance Director October 15,2001 Personal Property Tax Here are details and potential impacts of changes to the tax on personal property. Assessed value data is from the Borough for calendar year 2001. Total Personal Property Assessed Value Tax at 3.5 mils Number of Accounts 920 $48,424,439 169,485 · Total Assessed Value of Boats Tax at 3.5 mils Number of Accounts 497 8,170,637 28,597 Total Assessed Value of Aircraft Tax at 3.5 mils Number of Accounts 57 8,619,716 30,169 If the 1 ~t $100,000 of each account was exempt: Taxable assessed value would be Tax at 3.5 mils Number of Accounts 49 $29,718,888 104,016 Loss in revenue $65,469 If just the $100,000 exemption was adopted, there would be 5 boat accounts left with taxable value of $63,721; 8 aircraft accounts with taxable value of $6,207,067; and 36 other accounts with taxable value of $23,448,100. Currently all taxable personal property except automobiles is taxed by the City according to the taxable assessed value of the property. Automobiles are taxed according to the type and age of the vehicle, value is not a factor. The motor vehicle tax is collected by the State at the time of registration. Taxable personal property includes all personal property used in a business, and boats and airplanes owned by individuals. The Borough's $100,000 exemption applies to all Borough personal property accounts, whether individual or commercial, except that boats are taxed on a fiat tax schedule based on length of the boat. For larger boats the fiat tax is generally much less than the tax based on value, while smaller boats are often levied more on the fiat tax basis than they would be if the tax was based on value. Regarding which property should be taxed, one element to be considered is equal treatment among classes of personal property. If a particular class of personal property, like aircrafL is exempt fi'om taxation, it is probable that owners of other classes of personal property of similar use or value will expect the same treatment. There are many options for taxation of personal property that the City could adopt. Any change must be adopted prior to December 31,2001 to be effective the following year. Attached are memo's previously written on this topic. Interestingly, the assessed value of aircraft is up 20% from last year and boats are down 5% from 1998. In 1998 aircraft assessed value was $11 million including $7 million owned by now defunct South Central Air. The assessed value attributed to ERA aircraft is significantly higher in 2001 than 1998. There were 54 airerat~ accounts in 1998 and 57 accounts in 2001. Memoran Linda Snow, City Manager Larry Semmens, Finance Director Date: October 25, 2001 Personal Property Tax Options I talked to Shane Horan, Borough Assessor and Steve Van Zant, State Assessor. There are many options for taxing personal property including ad velomm, flat tax, value exemptions, class of owner exemptions, type exemptions and combinations of all options. The tax must be reasonable and have a basis in fairness. Other than that there are few limitations. The Borough exempts the first $100,000 of personal property assessed value per owner, other than boats. Boats are taxed on a flat tax basis according to length. The City could adopt this plan with variations on the exemption amount and/or the amount of flat tax. An exemption level of $50,000 on all personal property except boats would exempt about 70% of aircraft accounts while preserving 78% of the taxable value of aircraft. This exemption would cost about $28,000 in lost revenue. Taxing Kenai boats at ½ of the borough flat tax schedule would generate the same amount as the current ad velomm tax - about $30,000. There would be winners and losers: the biggest winner would save $240 and the biggest loser would see a tax increase of $103. Be assured the people with projected increases will view this quite unfavorably because these boat owners would be the only class of personal property owner denied a tax decrease under this plan. Another option would be a straight exemption on all personal property with the following results: Revenue Accounts Loss remaining All exempt $169,600 0 A $100,000 exemption $ 56,500 49 A $50,000 exemption $ 53,000 113 A $25,000 exemption $ 40,000 234 As mentioned, there are practically limitless options. If you have specific scenarios that you would like me to evaluate, just let me know.