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HomeMy WebLinkAboutAgenda Bill 2G 05/17/2010.a~ '~ 1g,58 ~I~~,vida~ ItP;vw # 2 . C~ DATE: May 17, 2010 TO: Honorable Mayor and Members of the City Council through City 1Vlanager FROM: Vincent Marengo, Director of Public works SUBJECT: Resolution Approving 3% Increase in the FY 2010/2011 Petaluma Municipal Airport Hangar Rental and Tie-Down Rates RE C O1VI~1VIlENI)ATI ON It is recommended that the City Council Adopt.the attached resolution approving a 3% increase in the FY2010/201'1 Petaluma Municipal Airport hangar rental and tie-down rates. BACKER®UNI): At their April 1, 201.0 meeting, the Petaluma Airport Commission recommended that the City Council approve the attached rates; to become effective July 1,-20.10. All affected tenants have been notified by mail of the proposed increases and of this public meeting. The hangar and tie- down rates. were last increased 3% in July 2009. DISCUSSI®N: The Airport Commission is recommending that hangar and tie-down rates be increased to allow for adequate revenue to help offset the cost of operations. Included in this. year's budget is the installation of ,pilot controlled lighting, replacement of the rotating beacon, update of the A>rport's pavement management system and various other repairs. FkI1V-AlV.CIAL IMPACTS: The rate increase is justified to help meet current budgetary demands. The proposed increase of 3% is estimated to generate an additional $26,581 in FY 2010/11.. Total Cost of Proposal,or Project: None Amount Budgeted: FYLO/1.1.additional revenue projected at $26,581 Name of Account: Airport Operating Fund. _ Account Number: 6100.61100.43110, 431.11, and 43120 Protected. Account. Balance (with increase): $964;250 Agenda Revie r`~~. }+ Dept. Drecto City Attorney `"~ ~a Finance Director City Manag ATTf1CI-IMENTS l: Resolution A'I"I'ACHIVIENT 1 RESOLUTION APPROVING 3% INCREASE IN THE FY 2010/2011 PETALUMA MUNICIPAL AIRP®RT HANGAR REN`T'AL AND TIE-DOWN RATES WHEREAS, the Petaluma Airport Commission has reviewed and recommended increases in various Airport hangar rental rates; and WHEREAS, the tenants of the Airport have been provided written notice of the proposed. increases: and advised of the public meeting on same. NOW, THEREFORE, BE IT RESOLVED that the City Council hereby approves the rates as described below, to be effective July 1, 2010. 3B 33O.OU 340.00 2C-K, 12C-H, 8C-J 347.00 357.0'0 1 A, 6A&K, 4A, 7A&K, 11 K 374.00 3 85.0:0 1 lA 396.00 408.00 1B, 2A, 4B, 6B&J, 7B&J, 8A&K, 12A&J, 1 lI 423.00 436.00 2B, 8B; .12B, I 468.00 482.00 9A-C, 13A-D ~ 757.00 780:00 1 OA&C 1022.00 1053.00 lOB 1268.00 1306.00 P 14 , 253.00 261.,00 14B,14E&F, 15B-F, 15I-M 419:00 432.00 14A 549.00 565.00 14C `535.00 5.5:1..00 14D 4~~75.00 4.890:0; 14G 483.00 497.00 15A 487.00 502.00 15G .509.00 524.00 15H 414.00 426.00 15N 553.00 570.00 16A, 17A 507.00 522.0.0 16G; 17G 492.00 507.00. 16H&O; 17H&O 443.00 456.00 16B-R& I-N, 1'7B-F& I-N 375.00 386.00 N ~ N ' . _ 1~D 2U3~:UU 2096.00 18B&C 1920.0.0 1978.00 All Others $ 300.00 $ 309.00 Storage-.Inside 219.0.0. 226.00 Private Hangars, Ground Rentals .0489 sf .050 sf Tie-Down/' Month Single 53.00 55...00 Tie-Down/ Month Twin 59.00 61.00