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HomeMy WebLinkAbout2023-02-09 Airport Packet - Work SessionKENAI AIRPORT COMMISSION WORK SESSION FEBRUARY 9, 2023 – 6:00 P.M. AIRPORT TERMINAL CONFERENCE ROOM 305 N. WILLOW ST., KENAI, AK 99611 *Telephonic/Virtual Information Below* www.kenai.city 1. CALL TO ORDER 2. INTRODUCTION – Eland Conway, Airport Manager 3. PUBLIC COMMENT (Public comment limited to three (3) minutes per speaker; thirty (30) minutes aggregated) 4. COMMISSION DISCUSSION – a. Air Service Development b. West Air Park Development c. Passenger Facility Charges 5. ADDITIONAL PUBLIC COMMENT 6. ADJOURNMENT Join Zoom Meeting https://us02web.zoom.us/j/89371611135?pwd=bkRkakRhWGU1ZzV1YXUwQ0hhbVExUT09 Meeting ID: 893 7161 1135 Password: 909273 OR Call: (253) 215-8782 or (301) 715-8592 Meeting ID: 893 7161 1135 Password: 909273 2/10/2023 1 Kenai Municipal Airport AIRPORT COMMISSION WORK SESSION 2.9.2023 Passenger Facility Charge (PFC) Air Service Development West Air Park 2/10/2023 2 PFC Overview PFC use and Project Eligibility Passenger Demographics PFCs at ENA Legislation PFC - Overview Federal Law 49 U.S.C. 40117 Source of Revenue – User Fee Since 1992 •404 airports have been approved to collect PFC •2,786 applications have been approved or partially approved •$118.03B approved Authority to collect -$64.8B collected through 2021 •Since 1998 5 airports in AK have been approved to collect PFC totaling $106.04M 2/10/2023 3 PFC – Use and Projects Airport Development Airport Planning Terminal Development Airport Noise Compatibility Planning Noise Compatibility Measures Construction of Gates and Related Areas for PAX Movements Debt Service Financing Supplement an AIP Project Matching Local Share of an AIP Project PFC – ENA Passengers Local – Residents of the City of Kenai Local – Residents of the Kenai Peninsula Commuters – Business and Industry Visitors 2/10/2023 4 PFC – ENA *Value of PFC reflects maximum PFC allowed, $4.50 $4.2 Million Estimated Total Local Match 2010 - 2026 ASD – Acceptable Incentives Reduced or No Landing Fee Reduced or No Terminal Rents Reduced or No Fuel Flowage Fee Marketing and Advertising Assitance 2/10/2023 5 West Air Park