BOARD OF PORT COMMISSIONERS MEETING …Joint Port Board Special Meeting Minutes from April 7, 2020...

BOARD OF PORT COMMISSIONERS MEETING AGENDA

BRIAN HAMMAN FRANK MANN JOHN E. MANNING CECIL L PENDERGRASS RAY SANDELLI Chair Vice Chair

BENJAMIN R. SIEGEL RICHARD WM. WESCH Acting Executive Director Port Attorney

June 25, 2020

LEE COUNTY PORT AUTHORITY

BOARD OF PORT COMMISSIONERS AND

AIRPORTS SPECIAL MANAGEMENT COMMITTEE

Commission Chambers, Old Lee County Courthouse

2120 Main Street, Fort Myers, Florida.

9:30 AM Invocation: Pastor Paul Cords, Crossroads Baptist Church

Pledge of Allegiance

Public Comment on Consent and Administrative Agenda

Consent Agenda

Items to be pulled for discussion by the Board Motion to approve balance of items Consideration of items pulled for discussion

Administrative Agenda

Convene as Board of County Commissioners

Reconvene as Board of Port Commissioners

Commissioners’ Items/Committee Appointments

Comments from the Chair of the Airports Special Management Committee

Executive Director Items

Port Attorney Items

Adjourn

AIRPORTS SPECIAL MANAGEMENT COMMITTEE

NOEL ANDRESS Vice Chair

JOHN GOODRICH ROBBIE ROEPSTORFF Chair

RANDY KRISE FRAN MYERS

Dana W. Carr – Charlotte County R. Scott Cameron – Collier County

June 25, 2020

Page 2

CONSENT AGENDA

ADMINISTRATION – Brian McGonagle

1. Request Board approve the minutes for the Board of Port Commissioners meetings on March

12, 2020, April 7, 2020 and May 5, 2020.

Term:

N/A

Funding Source:

N/A

2. Request the Board approve (1) the FY 2020-21 Lee County Port Authority Budget, (2) the

Rates & Fees pursuant to the Airline-Airport Use and Lease Agreement for Southwest

Florida International Airport, (3) the FY 2020-21 Compensation Plan, (4) the Page Field

Rates and Fees for FY 2020-21, and (5) the authorization for the Executive Director or his

designee to make inter-fund transfers during the year, as necessary, to maintain proper cash

flow. Staff requests tentative approval subject to Public Hearings and final Board approval

during the month of September.

Term:

October 1, 2020 - September 30, 2021

Funding Source:

N/A

3. Recommend Board approve a partial redemption of the Series 2010 Airport Revenue Bonds.

Term:

N/A

Funding Source:

N/A

4. Request Board approve a resolution authorizing Passenger Facility Charges to be treated as

additional security.

Term:

N/A

Funding Source:

N/A

5. Request Board adopt a Resolution approving a proposed amendment to the Lee County Port

Authority Personnel Policies and Procedures Manual to create Part 314 Voluntary Furlough

Policy

Term:

N/A

Funding Source:

N/A

June 25, 2020

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CONSENT AGENDA- Continued


6. Request Board approve a continuing exemption to the current suspension of County advisory

committee meetings to allow the Airports Special Management Committee (ASMC) to

resume meeting on its adopted schedule to provide timely review and recommendations on

pending airport matters.

Term:

N/A

Funding Source:

N/A

7. Request the Board approve the sole source purchase and installation of eleven (11) EMV

compliant fee computers and two (2) automated pay stations and associated hardware and

software from HUB Parking Technology for use at the Southwest Florida International

Airport in an amount not to exceed $212,566

Term:

N/A

Funding Source:

General airport operating revenues collected during the normal operation of the

airport, account number VB51341200.506410, Airport Finance

8. Request Board approve a Third Amendment to “Airline-Airport Use and Lease Agreement” with Delta Air Lines, Inc.

Term:

October 1, 2008, to September 30, 2021

Funding Source:

n/a

9. Request Board approve a “Nontenant Rent-A-Car Airport Use Permit Agreement” with ER Travel, LLC (d/b/a Easirent)

Term:

Month to month commencing March 1, 2020

Funding Source:

n/a

10. Request Board approve a “Second Amendment to Lease of Portion of Parking Lot at Southwest Florida International Airport” with Gartner, Inc.

Term:

terminates lease effective March 12, 2020, and grants Lessee an option to lease an

alternate parcel through June 30, 2022.

Funding Source:

n/a

June 25, 2020

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11. Request Board approve an “Airline Parking Agreement” with Comlux Aruba N.V. Term:

month to month, beginning March 1, 2020.

Funding Source:

n/a

12. Request Board approve a “First Amendment to “Lease of Office Space at Page Field Airport” with FMY Holdings, LLC.

Term:

Month-to-month

Funding Source:

n/a

13. Request Board approve an “On-Airport Land Lease” with the United States of America Department of Transportation Federal Aviation Administration.

Term:

October 1, 2020 to September 30, 2029.

Funding Source:

n/a

14. Request Board adopt an updated Zone Schedule for Foreign Trade Zone #213, and approve

submission of the new Zone Schedule to the Foreign-Trade Zone Board of the U.S.

Department of Commerce.

Term:

n/a

Funding Source:

n/a

AVIATION – Gary Duncan

15. Request Board approve a First Amendment and Extension to Service Provider Agreement

for Landscaping Services at Page Field with P&T Lawn & Tractor Service, Inc., for a

continued annual amount of $159,504 plus extra services as authorized, extending the

initial term of the contract for two (2) years as provided for in the original Agreement.

Term:

June 24, 2020 to June 23, 2022

Funding Source:

Account UH5120041203.503490, Other Contracted Services,

June 25, 2020

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16. Request Board concur with the ASMC ranking of qualifications submitted for RFP 20-

12MLW Aviation Fuel Supplier for Base Operations at Page Field and authorize staff to

begin contract negotiations with the top-ranked firm.

Term:

To be negotiated. Five (5) to Ten (10) yrs. with or without renewals based on firm

selected and incentives proposed.

Funding Source:

Acct. UH5120041203.505265, Inv. Purch.

17. Request Board concur with the ASMC recommendation to extend MBA’s existing contract on a month-to-month basis and authorize staff to begin negotiations with MBA Airport

Transportation, LLC to provide on-demand taxicab concession services at Southwest Florida

International Airport.

Term:

3 yrs. with one (1) two-year renewal option.

Funding Source:

N/A

DEVELOPMENT – Mark Fisher

18. Accept a state grant (Supplemental Joint Participation Agreement, Financial Project No.

441245-1-94-01) in the amount of $1,502,176 from the Florida Department of

Transportation for construction services associated with the completed Multi-use Aircraft

Hangar and Ramp at Page Field (FMY).

Term:

N/A

Funding Source:

N/A

19. Accept a state grant (Public Transportation Grant Agreement, Financial Project No. 431367-

1-94-02) in the amount of $100,000 from the Department of Transportation for the Airside

Pavement Rehabilitation at Southwest Florida International Airport.

Term:

N/A

Funding Source:

N/A

20. Request Board authorize execution of a contract between the Port Authority and RS&H, Inc.,

to provide General Architectural and Engineering Services.

Term:

Three (3) years

Funding Source:

N/A

June 25, 2020

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21. Request Board authorize execution of a contract between the Port Authority and Hole

Montes, Inc. to provide General Architectural and Engineering Services.

Term:

Three (3) years

Funding Source:

N/A

22. Request Board rank qualifications submitted for LOQ #20-33 Construction Engineering &

Inspection Services for the RSW Airside Pavement Rehabilitation - Airfield Electrical Vault

project at Southwest Florida International Airport.

Term:

TBD

Funding Source:

N/A

PORT ATTORNEY – Greg Hagen

23. Request Board approve grant of non-exclusive underground utility easement to Florida

Power & Light Company to provide electrical service to JCP Leasing, Inc.'s corporate

hangar at Page Field Airport.

Term:

N/A

Funding Source:

N/A

June 25, 2020

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ADMINISTRATIVE AGENDA


24. Request Board rank qualifications submitted for Request for Proposals RFP 20-28MMW for

Executive Search Services for an Airport Executive Director.

Term:

N/A

Funding Source:

HR

CONVENE AS BOARD OF COUNTY COMMISSIONERS


25. Request Board convene as the Board of County Commissioners to approve Blue Sheet item

“Recommend Board approve a partial redemption of the Series 2010 Airport Revenue Bonds.”

Term:

N/A

Funding Source:

N/A

26. Request Board convene as the Board of County Commissioners to approve Blue Sheet item

“Request Board approve a resolution authorizing Passenger Facility Charges to be treated as additional security.”

Term:

N/A

Funding Source:

N/A


27. Request Board convene as the Board of County Commissioners to approve grant of non-

exclusive underground utility easement allowing Florida Power & Light to provide electrical

service to JCP Leasing, Inc.’s corporate hangar at Page Field Airport. Term:

N/A

Funding Source:

N/A

RECONVENE AS BOARD OF PORT COMMISSIONERS

June 25, 2020

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COMMISIONERS' ITEMS/COMMITTEE APPOINTMENTS

COMMENTS FROM THE CHAIR OF THE ASMC

ACTING EXECUTIVE DIRECTOR ITEMS

PORT ATTORNEY ITEMS

ADJOURN

11. RECOMMENDED APPROVAL

DEPUTY EXEC DIRECTOR

Benjamin R. Benjamin R. Benjamin R. Benjamin R. SiegelSiegelSiegelSiegel

COMMUNICATIONS AND MARKETING

Victoria B. Victoria B. Victoria B. Victoria B. MorelandMorelandMorelandMoreland

OTHER

N/AN/AN/AN/A

FINANCE

Brian W. Brian W. Brian W. Brian W. McGonagleMcGonagleMcGonagleMcGonagle

PORT ATTORNEY

Gregory S. Gregory S. Gregory S. Gregory S. HagenHagenHagenHagen

ACTING EXECUTIVE DIRECTOR

BBBBeeeennnnjjjjaaaammmmiiiinnnn RRRR.... SSSSiiiieeeeggggeeeellll

12. SPECIAL MANAGEMENT COMMITTEERECOMMENDATION:

APPROVED APPROVED as AMENDED DENIED OTHER

13. PORT AUTHORITY ACTION:

APPROVED APPROVED as AMENDED DENIED DEFERRED to OTHER

BOARD OF PORT COMMISSIONERS OF THE

LEE COUNTY PORT AUTHORITY 1. REQUESTED MOTION/PURPOSE: Request Board approve the

minutes for the Board of Port Commissioners meetings on March 12,April 7, 2020 and May 5, 2020.

2. FUNDING SOURCE: N/A3. TERM: N/A4. WHAT ACTION ACCOMPLISHES: Approves the minutes of the Joint

Port Meetings

5. CATEGORY: 1.Consent Agenda

6. ASMC MEETING DATE:

7. BoPC MEETING DATE: 6/25/2020

8. AGENDA:

CEREMONIAL/PUBLIC PRESENTATION

X CONSENT ADMINISTRATIVE

9. REQUESTOR OF INFORMATION:(ALL REQUESTS)NAME Brian McGonagle

DIV. Administration

10. BACKGROUND:

The summary of each of the above minutes were provided to the Board members sitting at those meetings within one week of the meeting. Any comments from the Commissioners were taken into consideration in the development of the final Minutes now presented for approval.

Attachment: Joint Port Board Meeting Minutes from March 12, 2020 Joint Port Board Workshop Minutes from March 12, 2020 Joint Port Board Special Meeting Minutes from April 7, 2020 Joint Port Board Special Meeting Minutes from May 5, 2020

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BOARD OF PORT COMMISSIONERSOF THE

LEE COUNTY PORT AUTHORITY1. REQUESTED MOTION/PURPOSE: Request Board approve the minutes

for the Board of Port Commissioners meetings on March 12, 2020, April 7,2020, and May 5, 2020.

2. FUNDING SOURCE: n/a

3. TERM: n/a

4. WHAT ACTION ACCOMPLISHES: Approves the minutes of the Joint PortMeetings

5. CATEGORY: Communications

6. ASMC MEETING DATE:


8. AGENDA:

CEREMONIAL/PUBLiC PRESENTATION

X CONSENTADMINISTRATIVE

9. REQUESTOROFINFORMATI(ALL REQUESTS)NAME Eileen Gabrick

DIV. Lee County Cierk of Court- Minutes

10. BACKGROUND:

The summary of each of the above minutes were provided to the Board members sitting at those meetingswithin one week of the meeting. Any comments from the Commissioners were taken into consideration in thedevelopment of the final Minutes now presented for approval.

Attachment:Joint Port Board Meeting Minutes from March 12, 2020Joint Port Board Workshop Minutes from March 12, 2020Joint Port Board Special Meeting Minutes from April 7, 2020Joint Port Board Special Meeting Minutes from May 5, 2020


DEPUTY EXECDIRECTOR

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Minutes of 031220P

MARCH 12, 2020

A Joint Meeting of the Board of Port Commissioners of the Lee County Port Authority, with the Airports Special Management Committee, was held on this date in the Training and Conference Center at Southwest Florida International Airport (RSW), with the following members present:

LEE COUNTY PORT AUTHORITY AIRPORTS SPECIAL MANAGEMENT COMMITTEE

Brian Hamman, Chairman Franklin B. Mann, Vice-Chairman Cecil Pendergrass John E. Manning Ray Sandelli

Lee County Attorney: Richard Wm. Wesch, Port Attorney Gregory S. Hagen, Senior Asst. Port Attorney

Robbie Roepstorff, Chairwoman Noel Andress, Vice-Chairman John B. Goodrich-Absent Randy Krise Fran Myers

Regional Members: Collier County Representative R. Scott Cameron- Charlotte County Representative Dana W. Carr-Absent

ON FILE IN MINUTES OFFICE: • MONTHLY PROJECT SUMMARY DEVELOPMENT REPORTS – Jan 2020 thru Feb 2020• PROCUREMENT STATUS REPORT – March 12, 2020• PASSENGER QUARTERLY REPORT – 2nd Qtr. FY 19-20• PROJECTED FLIGHTS AND SEATS – March thru June 2020• TDC RECAP – February 13, 2020

The Chairman called the meeting to order at 9:30 a.m. and announced that a discussion on the coronavirus would be held during the Commissioners Items portion of the agenda. Pastor Paul Cords, Crossroads Baptist Church gave the Invocation, followed by the Pledge of Allegiance.

9:30 A.M. AGENDA ITEM

The Chairman called for public comment on the Consent Agenda; and there were no speakers.

No Consent Agenda items were pulled for discussion by the individual Commissioners

The Chairman called for a motion to approve the balance of the Consent Agenda and Commissioner Manning so moved, seconded by Commissioner Pendergrass, called and carried.

CONSENT AGENDA


1. Request Board approve the minutes for the Board of Port Commissioners meeting on January 16, 2020.Term: N/A Funding Source: N/A Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried.

2. Request Board approve a concurring resolution authorizing the Lee County Port Authority to secure anon-taxable bank loan in the form of a direct placement bond not to exceed $42,000,000.

Term: N/A Funding Source: Net revenues from the normal operation of the Southwest Florida International Airport. Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried. RESOLUTION No. 20-03-12

3. Request the Board approve an amendment to the Crown Castle Distributed Antenna System agreementto add additional locations for DAS antennas.

Term: September 8th, 2026. Funding Source: N/A Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried.

4. Request Board approve a “Lease of Terminal Space at Southwest Florida International Airport” with G2Secure Staff, L.L.C.

Term: Month-to-month beginning February 1, 2020.

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Funding Source: N/A Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried.

5. Request Board approve a “Ground Lease of Certain Non-Aviation Land at Page Field” with MoralezReal Estate LLC.

Term: Commences May 1, 2020, and continues until 20 years after the “Rent Commencement Date” (which will be no later than November 1, 2021); Lessee will have two (2) options to extend by five years each. Funding Source: N/A Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried.


6. Request Board award RFB #19-18LKD, for Grounds Maintenance Service for SFIA-MultipleEntrance(s) to two (2) vendors, a primary: Commercial Landscape Professionals, Inc. dba Trimac Outdoor, and a secondary vendor: P&T Lawn and Tractor Services, Inc., in the event the primary vendor cannot perform.

Term: One (1) year term with authority to extend term for up to three (3) additional one-year renewal periods as delegated to the Executive Director. Funding Source: Account WJ5300041200.503490, Lee County Port Authority Maintenance Other Contracted Services. Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried.

7. Request Board approve the purchase of air handler filters from Motion Industries, Inc., throughSourcewell Contract #121218-MII, and authorize the Chair to execute the attached Service ProviderAgreement on behalf of the Board.

Term: Four (4) year Service Provider Agreement with the option for one (1) one-year renewal. Funding Source: General Airport Operating Revenues collected during the normal operation of Southwest Florida International Airport account WJ5200041200.504635 Equipment Repair Parts. Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried.

8. Request Board award RFB 20-15MLW for the purchase, and if needed, the installation of two (2) bridgemounted passenger boarding pre-conditioned air units (PCA) to ITW GSE Inc., the lowest, most responsive and responsible bidder in the amount of $169,064.00 per the terms and conditions of the purchase contract.

Term: One (1) year, to commence on or about March 12, 2020. Funding Source: Capital Account VB5131541200.506410. Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried.

9. Request Board approve the use of up to $110,000 in Passenger Facility Charge (PFC) funds to replaceforty (40) sets of Personal Protective Equipment (PPE) for the Aircraft Rescue and Fire Fighting Department personnel – Municipal Equipment Co., LLC – PPE Equipment.

Term: NA Funding Source: PFC account VB5131541231.506410. Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried.


10. Request Board approve the purchase of three (3) emergency response vehicles from Tamiami Fordunder Collier County Solicitation Contract 19-7522 in the amount of $234,225.97.

Term: N/A Funding Source: Account VB5131541200.506430 Vehicle and Rolling Stock. Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried.

11. Request Board approve nine (9) part time positions in our Airport Police Department (APD).Term: N/A Funding Source: APD WD5423041200.501230. Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried.

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12. Accept a state grant (Amendment to the Public Transportation Grant Agreement, Financial Project No.420652-1-94-04) in the amount of $2,505,653 from the Florida Department of Transportation for the Air Traffic Control Tower at Southwest Florida International Airport.

Term: N/A Funding Source: N/A Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried. RESOLUTION NO. 20-03-13

13. Request Board authorize a contract with Halfacre Construction Company to provide ConstructionManagement/General Contracting Services.

Term: Three (3) years. Funding Source: N/A Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried.

14. Request Board authorize a contract with GATES Construction to provide ConstructionManagement/General Contracting Services.

Term: Three (3) years. Funding Source: N/A Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried.


15. Authorize staff to begin contract negotiations with Atkins North America, Inc. for design phase services associated with a future new headhouse, concourse and/or other expansion of the RSW terminal

Term: N/A Funding Source: N/A Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried.

16. Request Board concur with the ASMC ranking of qualifications submitted for LOQ #19-28LKD for on- call General Architecture and Engineering services and authorize staff to begin contract negotiations

with the two top-ranked firms. Term: Three (3) years. Funding Source: N/A Vote: Commissioner Manning moved approval, seconded by Commissioner Pendergrass, called and carried.


17. Approve Recognition Agreement recognizing sublease of Page Field Commons retail space to subtenantTrader Joe's East, Inc.


18. Request Board approve Real Estate Sales Agreement to sell Commerce Lakes Drive Parcel to 1227Holdings, LLC, in the amount of $2,050,000.00 and recommend the Board of County Commissionersauthorize the Chair or Vice-Chair to execute Real Estate Sales Agreement and all necessary closingdocuments


ADMINISTRATIVE AGENDA

CONVENE AS BOARD OF COUNTY COMMISSIONERS

ADMINISTRATIVE – Brian McGonagle

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19. Convene as the Board of County Commissioners to approve Blue Sheet item “Request Board approve aconcurring resolution authorizing the Lee County Port Authority to secure a non-taxable bank loan inthe form of a direct placement bond not to exceed $42,000,000.”

Term: N/A Funding Source: Net revenues from the normal operation of the Southwest Florida International Airport.


20. Request Board Convene as the Board County Commissioners to approve Blue Sheet item "RequestBoard approve Real Estate Sales Agreement to sell Commerce Lakes Drive Parcel to 1227 Holdings,LLC, in the amount of $2,050,000.00 and recommend the Board of County Commissioners authorizeChair or Vice Chair to execute Real Estate Sales Agreement and all necessary closing documents.”

Term: N/A Funding Source: N/A

FOR ACTION ON ITEMS 19 AND 20, PLEASE REFER TO THE MINUTES OF MARCH 12, 2020S (031220S)

RECONVENE AS BOARD OF PORT COMMISSIONERS

COMMISIONERS' ITEMS

Discussion on the Impacts of the Coronavirus: At the request of Acting Executive Director Ben Siegel, Deputy Executive Director of Aviation Gary Duncan gave an update on the impacts of the coronavirus. Mr. Siegel indicated that RSW will continue to operate under the guidelines of the CDC. The janitorial company SP+ is cleaning high-touch areas more frequently than normal and the RSW on-demand taxicab and bus operators are wiping down the vehicles more often. He advised Staff to continue adherence to CDC and Department of Health guidelines as indicated, and remarked that a full-court press is upheld when it comes to cleanliness. Mr. Siegel reported on a slight decrease in passenger activity and remarked he spoke to some of the airlines about whether they had plans for capacity cuts and there are none at this time. He commented there were less people on the flights that will certainly impact the operations of the Port Authority; however, RSW had a very good season and will weather the storm well. Responding to a question by Commissioner Hamman about travel restrictions to Europe, Mr. Siegel said that flights will be impacted beginning this coming weekend. Air Service Development Department Director Carol Obermeier stated there are restrictions on outbound flights to only the countries mentioned by the President. In response to questions by Commissioners Pendergrass and Mann, Ms. Obermeier said she plans to meet with Eurowings in hopes of learning how they plan to proceed. Mr. Siegel responded to questions by ASMC members Randy Krise, Noel Andress and Scott Cameron, and addressed Commissioner Hamman’s question about PPE (Personal Protective Equipment) for RSW First Responders. Mr. Siegel observed that the situation will probably be changing hour by hour, and any future travel restrictions will come from the CDC and Florida Department of Health. Until then, RSW will continue business as usual. County Attorney Richard Wm. Wesch advised that he would call any meetings that may be necessary concerning the coronavirus issue and provide appropriate public notice as needed.

COMMITTEE APPOINTMENTS

There were no Committee Appointments by the individual Commissioners.

COMMENTS FROM THE CHAIR OF THE ASMC

ASMC Chair Robbie Roepstorff commented she is honored to serve as Chairwoman of the ASMC and, at a recent meeting she attended, she particularly enjoyed acknowledging three employees for their tenure with the Port Authority. She also extended congratulations to Collier County Regional Representative R. Scott Cameron and Charlotte County Regional Representative Dana W. Carr on their recent reappointments to the ASMC.

ACTING EXECUTIVE DIRECTOR ITEMS

Lee County Port Authority Acting Executive Director Ben Siegel reviewed his Executive Director Remarks for the Joint Board Meeting of March 12, 2020.

PORT ATTORNEY ITEMS

County Attorney Richard Wm. Wesch and Senor Assistant Port Attorney Greg Hagen had no additional items for discussion.

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ADJOURN:

The Chairman adjourned the meeting at 9:57 a.m.

ATTEST: LINDA DOGGETT, CLERK

By_________________________ ____________________________________ Deputy Clerk Chairman, Lee County Commission

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MARCH 12, 2020

A Joint Workshop Meeting of the Board of Port Commissioners of the Lee County Port Authority, with the Airports Special Management Committee, was held on this date in the Training and Conference Center at Southwest Florida International Airport (RSW), with the following members present:

LEE COUNTY PORT AUTHORITY AIRPORTS SPECIAL MANAGEMENT COMMITTEE

Brian Hamman, Chairman Franklin B. Mann, Vice-Chairman John E. Manning Cecil Pendergrass Ray Sandelli

Lee County Attorney: Richard Wm.Wesch, Port Attorney Gregory S. Hagen, Senior Asst. Port Attorney

Robbie Roepstorff, Chairwoman Noel Andress, Vice-Chair John B. Goodrich -Absent Randy Krise Fran Myers

Regional Members: Collier County Representative R. Scott Cameron Charlotte County Representative Dana W. Carr-Absent

CALL TO ORDER:

The Chairman called the meeting to order at 9:58 a.m.

AGENDA:

Acting Executive Director Ben Siegel reviewed the agenda for the meeting, noting that the format will be the same as the Regular BoCC Workshops. Narrating a PowerPoint presentation, he reviewed a list of potential topics for discussion with the Board and encouraged the Board to add other subjects that the Commissioners or ASMC Members wished to discuss. A brief Board discussion ensued and Commissioner Pendergrass asked about additional hangar spaces at Page Field with a waiting list of 55 for hangar spaces. Board discussion ensued and Mr. Siegel explained plans for reconstruction of the hangars. The Chairman asked if future workshops for discussions on Capital Improvements and Long-Term Planning could be moved forward as priority items and Mr. Siegel responded that the requested items will be placed on the May 2020 meeting agenda. 1. RSW MASTER PLAN UPDATE:

Deputy Executive Director of Development Mark Fisher narrated a PowerPoint presentation, andrendered a comprehensive review of the proposed RSW Airport Master Plan Update. He pointed outthat the new plan establishes a 20-year vision of the airport and noted that the current Master Planhas not been updated since 2004. He discussed the purpose and major components of the proposedupdate and pointed out some of the changes that have occurred during the past 16 years. Mr. Fisherinformed the focus includes the Board’s vision for RSW, public stakeholder input, FAA and FDOTapproval of updated forecasts, revised planned timing of airport infrastructure improvements,incorporation of ongoing and concurrent projects, revalidation of prior environmental approvals andmaintaining eligibility for federal and state grants. He added one of the key pieces of this effort willbe revalidating prior successes related to environmental approvals. RSW priorities recommended bystaff were reviewed including the need for runway repaving, expanding from 28 to 65 gates, updatingphasing plans, as well as expanding rental car space, public parking and the roadways of the centralcampus. The Federal Aviation Administration (FAA) has indicated RSW will need a second runwayafter the year 2050, comparing it currently to San Diego. There was brief discussion by the Boardabout the case for a second runway, including a comment by Commissioner Pendergrass that SanDiego is basically landlocked compared to RSW which is surrounded by land. Mr. Fisher said thetypical timing for completion of an Airport Master Plan Update is one to two years and the typicalcosts run between $1 and $2 million. The sources of funding would be Passenger Facility Chargesand airport revenues with minimal costs to the Port Authority for preparation. Consultant teamselection options are to utilize the current General Consultant or initiate a new RFQ. Mr. Fisher notedstaff’s recommendations: to 1Initiate the Master Plan Update, 2 Negotiate with the current GeneralConsultant, Johnson Engineering, Inc., and, 3 Bring the contract to the Joint Board for approval. Mr.Fisher responded to questions and commentary by the Commissioners. Board consensus was toproceed in the manner discussed and as stated by staff.

2. RSW AIRLINE FREIGHT FACILITY RELOCATION:

Mr. Siegel discussed a proposal to relocate the 28-year-old RSW Airline Freight Facility building,pointing to the 13,200 square-foot structure and its surrounding property on a PowerPoint map. Staffrecommends moving forward with the relocating and proceed via RFP and a land lease to a third-partydeveloper, which would result in a new facility plus rental income from the developer. The propertywould no longer belong to RSW and would be a long-term deal that would revert back to RSW. There

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was a brief Board discussion and questions about the role of Private Sky Aviation and what the timeline of such a project might entail. Mr. Siegel indicated he would start work on the RFP and begin accepting bids, which takes several months, but once that part was completed RSW could request a schedule from the developer. There was consensus by the Board to move forward with the RFP, as detailed by Mr. Siegel.

3. EXECUTIVE DIRECTOR SEARCH:

Mr. Siegel requested direction from the Board on the job description and qualifications in the searchfor an Executive Director. He noted RSW is awaiting proposals/RFPs and staff would like to ensurethat the selected firm is certain of what the Board has in mind. Commissioner Manning asked aboutthe fee and Mr. Siegel indicated between approximately $75,000 - $150,000, adding this was aproposal, qualification and price process. Commissioner Hamman said the ideal candidate would beone who has business experience and the ability to work with an elected Board. County AttorneyRichard Wm. Wesch provided procedural guidance for the verbiage of the draft job description andqualifications. Following a brief Board discussion there was consensus to remove any requirementthat the candidate should be a licensed pilot. Mr. Siegel indicated that staff is hopeful to have theprocess to completion by the June 2020 Joint Board meeting and the advertising usually takes around30 days and could begin by July 1, 2020. The Board’s consensus was direction to Mr. Siegel to proceedas indicated.

ADJOURN:



By: ___________________________ ___________________________________________ Deputy Clerk Vice-Chairman, Lee County Commission

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APRIL 07, 2020

A Special Meeting of the Board of Port Commissioners of the Lee County Port Authority was held on this date with the following Commissioners present:

Brian Hamman, Chairman Franklin B. Mann, Vice-Chairman Cecil Pendergrass John E. Manning - Absent Ray Sandelli


1. Update on Southwest Florida International Airport Terminal Expansion and Passenger BoardingBridge Replacement ProjectsItem Summary: Update Board on potential impact of current world health and economic conditions onproject schedules. Lee County Port Authority (LCPA) Staff has been on target to competitively bidconstruction subcontracts in March/April 2020 for the Southwest Florida International Airport (RSW)Terminal Expansion and Passenger Boarding Bridge (PBB) Replacement Projects. Both projects involvea significant amount of bond financing backed by current and projected Passenger Facility Charge (PFC)revenues. With the ongoing global health and economic crisis and the tremendous amount of financialuncertainties that exist, it may be unreasonable for the Lee County Port Authority to finance theseprojects on the original schedules. Staff therefore recommends project deferment for approximately oneyear.

As to the specific projects, the RSW Terminal Expansion is a passenger demand-driven project andCY2020 passenger volumes are expected to be down when compared to CY2019. The impact of thisdeferment is expected to be minimal from a passenger convenience standpoint.

For the RSW PBB Replacement Project the LCPA will continue to make repairs to the existing PBBs asneeded until the project can begin. LCPA staff will continue to update the Board on additional changesand revised schedules.

Board Discussion: Acting Director of Southwest Florida International Airport (RSW) Ben Siegeladdressed the Board on the Passenger Boarding Bridge (PBB) project and stated Staff recommended goingforward with the project. He said he learned recently that the Federal Government may include the projectin some type of stimulus award and is seeking Board direction to move ahead with bid acceptance. If thereis no stimulus, the bids will be rejected and the project deferred. In response to a question byCommissioner Mann, Mr. Siegel remarked there are a lot of people who are looking for or wish to continueworking and the project is a $45-50 million project to pump into the economy. Staff would like to see ifthe Federal Government steps up. The existing bridges are old and need to be replaced. CommissionerPendergrass noted his support to proceed as stated by Mr. Siegel.Mr. Siegel apprised that the Terminal Expansion Project is preparing for bids this month with estimatesin the $250 million range. Passenger Facility charges were planned as leverage for this project; however,due to the evolving COVID-19 emergency and the uncertainties in the revenue markets, Staffrecommends a one-year deferral with the hopes of starting October 1, 2021. Commissioner Sandellisuggested looking into using bonds for financing.

Vote: Commissioner Pendergrass moved approval to defer the Terminal Expansion project for one year, as stated by Mr. Siegel, seconded by Commissioner Mann. Under discussion, Mr. Siegel responded to a question by Commissioner Mann about the number of daily flights now that things have so fundamentally changed. Mr. Siegel responded that flights were down about 60%, and RSW is down approximately 95% from a passenger standpoint. He expressed gratitude to everyone who came out in response to the Rental Car fire at RSW recently and noted the tremendous regional effort from so many neighboring communities. The Chairman called for public comment and there were no speakers. The motion was called and carried.



By: ___________________________ ____________________________________________ Deputy Clerk Chairman, Lee County Port Authority

1. -

of 2

Minutes of 050520P

MAY 5, 2020

The Special Port Meeting of the Board of Port Commissioners of the Lee County Port Authority was held on

this date with the following Commissioners present:

Brian Hamman, Chairman

Franklin B. Mann, Vice-Chairman

Cecil Pendergrass

John E. Manning

Ray Sandelli


1. Provide Update on Current Airport Operations

Item Summary: The Executive Director will provide an update to the Board regarding current airport

operations.

Board Discussion: Acting Director of Southwest Florida International Airport (RSW) Ben Siegel gave

a detailed description of the actions taken to date. Some of the enhancements they have made at the

airport are:

They started cleaning and sanitizing all the high-traffic areas and touch points.

Installing hand sanitizer stations throughout the terminal, as well as spraying and disinfecting.

They started a work from home policy, which is going well.

They have shut down the employee parking for the safety of the employees and instead allowed

employees to park in the short-term parking garage. This helps with keeping the employees off

the shuttle buses and it saves money, as well.

Stake Holders, Business Partners and Concessions

With the airport traffic being down 95 percent, the stake holders and business partners are really feeling

it. In order to help the business partners out, their rent for April has been deferred for 60 days. Mr.

Siegel said they are looking into trying to do more. Staff is currently working with concessions (retail

and food and beverage companies) most of which are closed because there is no traffic. So, because of

this, some companies are having to furlough and/or lay off some of their staff. They are keeping what is

absolutely necessary open on a concourse by concourse basis in order to meet the passenger’s basic

needs.

Overhead Reductions

As far as overhead reductions, it was decided to close Concourse C, which did go smoothly. All traffic is

currently operating off Concourse B and Concourse D. Also, parking and janitorial staff have been

reduced which is saving the airport an estimate of $245,000 per month. In addition, there was a

reduction in the Baggage Handling System requirements. Due to the reduction, they were able to reduce

personnel, which is saving the airport around $50,000 a month.

Air Service

With regard to air service, flights for the month of April were down 71 percent. The passenger

throughput was down 93 percent. This time last year the destination range was between 30-35

destinations. Right now, they are down to 19 destinations. Most of the losses are from the lack of service

international flight to Canada and Germany, and of course, New York and New Jersey flights as well.

They lost a tremendous amount of service due to COVID-19.

Finance

As far as finance goes, all and all they have cut around $3,000,000 of the operating budget and that’s

with being half-way through a very busy year. There are other actions that are being taking, which will

bring the projected total to between a $5,000,000 and $6,000.000 cut from the operating budget through

this fiscal year, which ends September 30. The airport had a great first two weeks in March. However, it

was down 49 percent by the end of March. April and May look like they will be down around 90percent

compared to last year. It is being projected that June, July, August and September will be up by 10

percent from the months prior. Right now, Staff is currently working on a FY 20-21 budget. It will be a

very conservative budget brought to the Board. Additionally, they closed last week on the $50,000,000

line of credit which was done through a bid process. That bid was awarded to Bank of America. The

plan for the $50,000,000 line of credit was to bridge future grants from the state of Florida that are

expected for various capital projects, one being the Terminal Expansion Project. With the deferral of

that project, the bridge to future Florida Department of Transportation (FDOT) Grants will still be

needed, just a year later. The plan is to use some of the $50,000,000 line of credit to bridge future FDOT

Grants for the Airport Traffic Control Tower Project. Capital Improvement Projects that are closing out

or are done are the RSW Maintenance Building Project, SkyPlex Blvd., Ticket Counter and Gate

1. -

of 2

Minutes of 050520P

Modernization Project and the LED signage on the roadway system. The Airport Traffic Control Tower

is about 20 percent complete and is still on track to be completed by 2022. Staff has submitted a request

for additional grant funding for Passenger Boarding Bridges in order to keep that project on schedule. If

not, it will have to be deferred for a year. At this time, they are working on a plan of how to return to

work safely.

2. Authorize Execution of Grants from FAA for CARES Act Funds

Item Summary: Allows the Executive Director to execute federal grants under the CARES Act based

on required deadlines.

Board Discussion: Acting Director of Southwest Florida International Airport (RSW) Ben Siegel

presented the item. The Chairman called for public comment and there were no speakers.

Vote: Commissioner Pendergrass moved approval, seconded by Commissioner Manning, called and carried.


ATTEST:

LINDA DOGGETT, CLERK

By: ___________________________ _________________________________________

Deputy Clerk Chairman, Lee County Port Authority

1. -


DEPUTY EXEC DIRECTOR


COMMUNICATIONS AND MARKETING

Victoria B. Victoria B. Victoria B. Victoria B. MorelandMorelandMorelandMoreland

OTHER

N/AN/AN/AN/A

FINANCE

Brian W. Brian W. Brian W. Brian W. McGonagleMcGonagleMcGonagleMcGonagle

PORT ATTORNEY

Gregory S. Gregory S. Gregory S. Gregory S. HagenHagenHagenHagen

ACTING EXECUTIVE DIRECTOR


12. SPECIAL MANAGEMENT COMMITTEERECOMMENDATION:

APPROVED X (7-0) APPROVED as AMENDED DENIED OTHER

13. PORT AUTHORITY ACTION:

APPROVED APPROVED as AMENDED DENIED DEFERRED to OTHER

BOARD OF PORT COMMISSIONERS OF THE

LEE COUNTY PORT AUTHORITY 1. REQUESTED MOTION/PURPOSE: Request the Board approve (1) the

FY 2020-21 Lee County Port Authority Budget, (2) the Rates & Feespursuant to the Airline-Airport Use and Lease Agreement forSouthwest Florida International Airport, (3) the FY 2020-21Compensation Plan, (4) the Page Field Rates and Fees for FY 2020-21, and (5) the authorization for the Executive Director or hisdesignee to make inter-fund transfers during the year, as necessary,to maintain proper cash flow. Staff requests tentative approvalsubject to Public Hearings and final Board approval during themonth of September.

2. FUNDING SOURCE: N/A3. TERM: October 1, 2020 - September 30, 20214. WHAT ACTION ACCOMPLISHES: Tentatively approves the Lee

County Port Authority Fiscal Year 2020-21 Budget and Attachments.

5. CATEGORY: 2.Consent Agenda

6. ASMC MEETING DATE: 6/16/2020


8. AGENDA:

CEREMONIAL/PUBLIC PRESENTATION

X CONSENT ADMINISTRATIVE

9. REQUESTOR OF INFORMATION:(ALL REQUESTS)NAME Brian McGonagle

DIV. Administration

.

10. BACKGROUND:

The Proposed Fiscal Year 2020-21 Annual Budget for the Lee County Port Authority (all funds) totals $374,412,732; a decrease of ($29,863,758) or (7.39 %) over the current year’s Amended Budget. The attached Exhibit A is a summary of all Lee County Port Authority Fiscal Year 2020-21 Proposed Funds.

The total Proposed RSW Airport Operating Budget, (See Exhibit B), including all required inter-fund transfers, is $110,490,084; a decrease of ($20,173,164) or (15.44%). The total operating expenses are $26,674,181; a decrease of ($10,574,864) or (28.39%). The decreases were primarily due to significant cuts in operating expenses, because of the COVID-19 pandemic. Decreases were in categories such as janitorial, parking lot management, travel and the deferment of certain maintenance projects. Total personnel expenses are $35,237,964; a decrease of ($1,086,693) or (2.99%). Decreases can be attributed to a hiring freeze, no merit based pay increases and no new positions.

Total non-signatory airline revenues are projected to be $48,023,466; a decrease of ($20,992,317) or (30.42%). Projected revenue decreases include such categories as rental car, parking lot, investment income and terminal concessions. These decreases are driven by a projected sharp decline in passenger activity. The proposed operating budget as described above and supported by the exhibits and worksheets attached was presented to Airport and Airline

2. -

Background (continued)

Affairs Committee (AAAC) on May 29th for consultation. A complimentary letter from the Chair of the Committee is attached. The proposed rates below were calculated with the assumption of a (39.24%) decrease in passengers and a (34.70%) decrease in landed weights when compared to the FY 2019-20 Approved Budget. The projected total passengers and landed weight for next fiscal year are 6,001,735 and 3,611,578 respectively. The following tables illustrate our projections:

Approved Budget 2019-20

Proposed

Budget 2020-21

Variance

Over (Under)

%

Total Passengers 9,878,331 6,001,735 (3,876,596) (39.24%) Total Landed Weight 5,530,943 3,611,578 (1,919,265) (34.70%)

Below is a table comparing the FY 2019-20 approved rates, and the FY 2020-21 proposed rates:

Approved Budget 2019-20

Proposed Budget 2020-21

Variance Over

(Under)

%

Landing Fee $2.49 $3.32 $.83 33.33% Terminal Rental Rate $110.54 $92.08 ($18.46) (16.70%) Cost Per Enplanement $6.62 $10.15 $3.53 53.38%

The Lee County Port Authority’s Capital Project Budget reflects the costs related to certain capital projects for both the International Airport and Page Field. Ongoing projects in Fiscal Year 2020-21 include the construction of the Airport Traffic Control Tower and the rehabilitation of airfield taxiways. Ongoing capital projects at Page Field include the design of new south quad hangars and associated ramp. PAGE FIELD GENERAL AVIATION AIRPORT The total proposed budget for Page Field is $25,807,612; a decrease of ($3,184,142) or (10.98%). The decrease is primarily due to inventory purchases (fuel) and less capital spending. Overall, total gallons of fuel sold are projected to be more than 1.5 million, which is (9.82%) under the FY 2019-20 approved budget. Overall total operating expenses were down by ($1,905,516) or by (22.58%), primarily due to a projected decrease in cost and volume of fuel (inventory) purchased, repairs and maintenance. Total personnel expenses are $3,388,382, a decrease of ($57,290) or (1.66 %). The decrease can be attributed to a hiring freeze, no merit based pay increases and no new positions. Total operating revenues are projected to be $10,414,243 a decrease of (15.22%). The attached Exhibit D summarizes the major expenditures and revenues within the Page Field Funds compared with the current year’s budget. Also attached is the Page Field Rates and Fees document, which is updated each year. Proposed changes to the document this year include an increase in the fuel margins for Jet-A and Avgas and the replacement of the Avgas Prepay program with a high volume program for Avgas. Attachments: 1. Airline Budget Support Letter 2. Greensheet Backup – Exhibit A 3. Greensheet Backup – Exhibit B 4. Greensheet Backup – Exhibit C 5. Greensheet Backup – Exhibit D 6. FY 2020-21 Proposed Budget 7. FY 2020-21 Proposed Rates & Fees 8. FY 2020-21 Compensation Plan 9. FY 2020-21 Page Field Rates & Fees

2. -

Amira Trebincevic Regional Director Corporate Real Estate

Delta Air Lines, Inc.

1030 Delta Boulevard

Atlanta, GA 30354-1989

T. +1 404 714 1343 F. +1 404 677 2524 M. +1 678 896 2664

[email protected]

June 18, 2020

Mr. Benjamin Siegel

Lee County Port Authority Southwest Florida International Airport 11000 Terminal Access Road Suite 8671

Fort Myers, FL 33913

RE: Lee County Port Authority FY20 Budget

Mr. Siegel:

On behalf of the Airport Airline Affairs Committee (“AAAC”), thank you for the exceptional job your team has done in building the FY21 budget. It is clear that you and your team understand the challenges before our industry and are rising to the challenge to address. Your entire staff should be recognized for the effort put forth on consistently delivering a solid budget plan. This year was an unprecedented challenge with 95% drop in activity in April and forecasting this

drop to continue into FY2021 with only 60% activity from FY2019 levels. The airport acted quickly to halt non-essential spending and look for cost saving opportunities to reduce remaining budget by

and impressive 20%. Significant measures were taken with deferring certain maintenance and capital projects, freezing hiring, consolidating operations on Concourse B and D, and energy saving initiatives. While impressive the significant drops in activity are hard to overcome, as such, the airport applied significant CARES funding to support terminal costs and lower rates.

The airport is taking a prudent measured approach to the application of CARES funding to weather potential storms ahead and into FY2022. However, despite all these great efforts FY2021 budget CPE is still increasing by >50% YOY. We hope that skies clear a bit and more opportunities are found to offset rates in the coming year. The AAAC applauds the effort, engagement and collaboration the Authority continues to demonstrate; and, the FY21 budget is supported by all signatory carriers. Southwest Florida

International Airport continues to hold its place on a very short list of airports that have demonstrated commendable handling of their airline partners, and for this we are very grateful. Should you have any questions, please do not hesitate to contact me.

Regards,

Amira Trebincevic Chair, Airline Airport Affairs Committee

2. -

EXHIBIT A

LEE COUNTY PORT AUTHORITYFY 2020/21 PROPOSED BUDGET

ALL FUNDS SUMMARY

FY 19/20AMENDEDBUDGET

FY 20/21PROPOSED

BUDGET

VARIANCEOver

(Under)

PERCENTOver

(Under)

APPROPRIATIONS

41200 - Airport Operating41201 - Self-Insurance Fund41203 - Page Field Operating41206 - Port Authority Donation Police K941209 - Port Authority Grant Capital Repayment41210" Reserve and Replacement Fund41231 - LCPA Discretionary41234 - RSW Construction41238 - Page Field Construction41250 - Passenger Faciiity Charge41251 - PFC Capital Fund41255 - Rental Car Facility Charge41262" Revolving Credit Facility41271 - Debt Service Reserves41273-Revenue Refunding Bonds 201041275 - Revenue Refunding Bonds 201141276 - Revenue Refunding Bonds 201541290-Rebate Fund

Sub Tota)(Less: Transfers)

TOTAL APPROPRIATIONS

130,663,248205,262

21,269,601124,302175,130512,950

47,964,842191,744,686

7,722,15321,402,46337,482,861

9,593,753750,000

26,481,45313,613,4339,568,4151,822,644

10,125521,107,321

(116,830,831)

$404,276,490

110,490,084203,906

19,225,69360,237

340504,468

51,395,448189,093,204

6,581,91915,930,72435,208,053

145,12412,903,68726,379,1914,480,8009,552,3561,821,875

10,098483,987,206(109,574,474)

$374,412,732

(20,173,164)(1,356)

(2,043,908)(64,065)

(174,790)(8,482)

3,430,606(2,651,482)(1,140,234)(5,471,739)(2,274,808)(9,448,629)12,153,687

(102,262)(9,132,633)

(16,059)(769)

(27)(37,120,115)

7,256,357

($29,863,758)

-15.44%

-0.66%

-9.61%

-51.54%-99.81%"1.65%

7.15%-1.38%

-14.77%

-25.57%

-6.07%

-98.49%

1620.49%-0.39%

-67.09%

"0.17%

-0.04%

-0.27%

"7.12%

6.21%

-7.39%

OPERATING

Operating ExpendituresParticipating Airline Rebates

Subtotal Operating

CAPITAL

Capital Construction

DEBT SERVICE

Arbitrage RebateMisc, Financial ServicesPrincipal PaymentInterest PaymentDebt Service Reserves

Subtota! Debt Service

Airport Reserves

TOTAL ALL FUNDS

$89,389,6714,998,741

94,388,412

143,766,146

10,0001,785

12,313,54813,509,82925,963,23551,798,397

114,323,535

$404,276,490

$75,778,5963,499,598

79,278,194

129,465,619

10,0001,760

15,731,26612,753,54425,943,19654,439,766

111,229,153

$374,412,732

($13(1

(15

(14

3

2

(3

($29

,611,075),499,143),110,218)

,300,527)

0(25)

,417,718(756,285)(20,039)

,641,369

,094,382)

,863,758)

-15.23%-29.99%-16.01%

-9.95%

0.00%-1.40%

27.76%-5.60%

-0.08%

5.10%

-2.71%

-7.39%

Page 1

2. -

EXHIBIT B

Lee County Port AuthorityFY 2020/21 Proposed Budget

Airport Operating Fund

Operating Expenses:Contractual Services, Materials & SuppliesUtilitiesRepairs & MaintenanceInsuranceCapitalCARES FundingOther (Indirect Costs, Education, & other misc increases/decreases)Total Operating

Personnel Expenses:Salaries & WagesEmployee BenefitsTotal Personnel

Other Non-Qperatma Exflenses:Airiine Rebate/Revenue Sharinginterfund TransfersReserves

Total Other Non-Operating

TOTAL EXPENSES

Non-Sianatorv Airline Revenues:

AdvertisingAirport Facility ChargeApron Use ChargeRental Car Ground RentsCargo RevenuesCateringConcessions

Employee ParkingEquipment Use ChargeFaciiity Use ChargeFuei SystemsGround TransportationInvestment Income

Land Rent & Building Rent RACNon Signatory Landing FeesOther (Ce!l Phone Tower, K9 and LEO reimbursement)Parking LotPrivilege FeesRental Cars (On & Off Airport)RestaurantsTerminal RentsTotal Non-Signatory Airline

Signatory Airline Revenues

Total Operating Revenues

Non-Operatinq RevenuesFund Balance

CARES FundingInterfund TransferTotal Non-Operating

TOTAL REVENUES

FY 19/20APPROVED

BUDGET

$ 24,384,5644,550,9372,580,3541,650,7261,785,949

2,296,51537,249,045

23,910,60912,414,048

36,324,657

4,998,741

33,697,37918,393,42657,089,546

$130,663,248

$ 852,3961,504,190

397,6091,389,198

606,258335,145

3,569,349435,842700,213

1,344,4322,594,378

959,499687,257

2,895,5711,560,8351,381,558

18,489,9521,234,407

22,115,0904,061,3671,901,237

69,015,783

34,933,579

103,949,362

17,579,172

9,134,714

26713,886

$ 130,663,248

FY 20/21PROPOSED

BUDGET

$ 21,506,6544,104,9282,239,8041,864,850

613,946(5,500,000)1,843,999

26,674,181

22,923,07812,314,88635,237,964

3,499,59824,100,30420,978,03648,577,938

$ 110,490,084

$ 308,331905,515300,400

1,616,816513,950192,941

2,330,110298,246587,749973,400

2,381,512492,063323,559

2,956,8261,422,0731,119,818

10,240,550770,641

15,825,3992,819,7111,643,856

48,023,466

29,855,096

77,878,562

19,163,068

5,500,0007,948,454

32,611,522

$110,490,084

VarianceOver

(Under)

$ (2,877,910)(446,009)(340,550)214,124

(1,172,003)(5,500,000)

(452,516)(10,574,864)

(987,531)(99,162)

(1,086,693)

(1,499,143)(9,597,075)2,584,610

(8,511,608)

$ (20,173,164)

$ (544,065)(598,675)

(97,209)227,618(92,308)

(142,204)(1,239,239)

(137,596)(112,464)(371,032)(212,866)(467,436)(363,698)

61,255(138,762)(261,740)

(8,249,402)(463,766)

(6,289,691)(1,241,656)

(257,381)(20,992,317)

(5,078,483)

(26,070,800)

1,583,896

5,500,000(1,186,260)5,897,636

$ (20,173,164)

PercentOver

(Under)

-11,80%-9.80%

-13.20%12.97%

-65.62%-100.00%

-19.70%-28.39%

-4.13%

-0.80%

-2.99%

-29.99%"28.48%14.05%

-14.91%

-15.44%

-63.83%-39.80%-24.45%

16.38%-15.23%

^2.43%-34,72%-31.57%

-16,06%-27,60%

-8,20%-48.72%-52.92%

2.12%-8.89%

-18.95%-44.62%"37.57%-28.44%-30.57%-13.54%-30.42%

-14.54%

-25.08%

9.01%

100.00%-12.99%

22.08%

-15.44%

Page 22. -

EXHIBIT C


Southwest Florida International AirportComparative Budgetary Analysis

FY 19/20APPROVED

BUDGET

FY 20/21PROPOSED

BUDGET

FY 2020/21Proposed

Budgetvs. 2019/20

%

Total PassengersTotal Landed Weight

9,878,3315,530,943

6,001,7353,611,578

-39.24%

-34.70%

Terminal Rental RevenueGate Area RevenueBaggage Area ChargesLanding Fee RevenueApron Fee RevenueRevenues:

Airline User FeesNon Signatory RevenuePassenger Facility ChargesTotal Revenue

Expenses:Personnel

OperatingCapita!CARES FundingTotal Expenses

Net Revenue

Less Totai Debt ServiceCARES Funding

Net Funds Remaining (net of CARES)

Less Working Capital ReserveLess Project Amortization

Net Funds Remaining after Adjustments

LCPA Share 60% (Rebate/Sharing)Airiine Share 40% (Rebate/Sharing)

Rates:Landing FeeTerminal Rental RateApron Fee Per GateAverage Cost Per Enplanement

7,373,189 $6,547,8376,704,251

13,772,0492,176,272

36,946,358 $69,589,800

3,426,982

6,014,7965,454,3595,584,652

11,990,4392,201,778

31,411,93848,066,716

1,991,100$ 109,963,140 $ 81,469,754

36,324,657 $35,463,096

1,785,949

35,237,96431,560,235

613,946(5,500,000)

-18.42%

"16.70%

-16.70%

-12.94%

1.17%

-14.98%

-30.93%

-41.90%

-25.91%

-2.99%

-11.01%

-65.62%

100.00%$

31$

31

31

73

36

24

11

1

10

,573,702

,389,438

,687,379

,702,059

196,516,440,090

,065,452

~$~

T$$

31

T

61,912,145

19,557,609

25,192,954(8,970,400)

3,335,055

1,554,513

1,780,542

-15.85%

-46.25%

2.05%

-71.50%

-100.00%

7.95%

-82.31%

6,

4,

,039,271,026,181

2.49

110.54128,016

6.62

$$$

1,068.325712,217

3.32

92.08122,305

10.15

-82

-82

33-16

-4

53

.31%

.31%

.33%

.70%

.46%

.32%

PageS 2. -

EXHIBIT D


Page Field Funds

FY 19/20APPROVED

BUDGET

FY 20/21PROPOSED

BUDGET

VarianceOver

(Under)

PercentOver

(Under)QperatEna ExpensesProfessional Services, Materials & SuppliesInventory PurchasesUtilitiesRepairs & MaintenanceinsuranceOther (Promotions, Reference Materials & misc increases/decreases)Total Operating

Personnel ExpensesSalaries & WagesEmployee BenefitsTotal Personnel

Non-Operatinq ExpensesCapitalinterfund TransfersReservesTotal Non-Operating Expenses

TOTAL EXPENSES

Operatinp RevenuesFuel Sales (Jet A, Av Gas and Self Serve)investment IncomeRental Cars and Misc RevenuesRental IncomeRetail/ConcessionsTie Down/Ramp FeesTotal Operating Revenues

Non-Operatina RevenuesFund BalanceGrants (Federal and State)interfund TransferTotal Non-Operating Revenues

TOTAL REVENUES

1,134,7576,070,807

423,044480,127100,067231,700

1,118,9224,409,478

423,608332,409107,072143,497

(15,835)(1,661,329)

564(147,718)

7,005

(88,203)

-1.40%

"27.37%

0.13%-30.77%

7.00%-38.07%

8,440,502

2,272,8991,172,7733,445,672

4,641,5384,750,0007,714,042

17,105,580

$ 28,991,754

$ 8,220,461192,442344,029

3,263,22453,280

210,22912,283,665

9,658,0891,050,0006,000,000

16,708,089

$ 28,991,754

6,534,986

2,228,8561,159,5263,388,382

3,455,7134,750,0007,678,531

15,884,244

$ 25,807,612

$ 6,308,867118,028301,200

3,443,09647,346

195,70610,414,243

9,043,3691,350,0005,000,000

15,393,369

$ 25,807,612

(1,905,516)

(44,043)(13,247)(57,290)

(1,185,825)

(35,511)(1,221,336)

$ (3,184,142)

$ (1,911,594)(74,414)(42,829)179.872

(5,934)(14,523)

(1,869,422)

(614,720)300,000

(1,000,000)(1,314,720)

$ (3,184,142)

-22.58%

-1.94%

-1.13%

-1.66%

-25.55%

0.00%-0.46%

-7.14%

-10.98%

-23.25%

-38.67%

-12.45%

5.51%-11.14%

-6.91%

-15.22%

-6.36%

28.57%-16.67%

-7.87%

-10.98%

Page 42. -

Lee County Port Authority

Southwest Florida International Airport | Page Field

2. -

LEE COUNTY PORT AUTHORITYPROPOSED BUDGET FISCAL YEAR 2020/2021

TABLE OF CONTENTS

PageA. Budget Message.............................................................2-4

B. Budget SummaryStatistics and Graphs..................................................5-17

Fund Summaries...................................................... 18-19

Operating Revenue Summary.....................................20-21

Operating Expense Summary......................................22-26

C. Budgets by DivisionExecutive Director.....................................................27-29

Administration..........................................................30-37

Development............................................................38-43

Aviation..................................................................44-57

D. Other Funds BudgetsOther Fund Descriptions............................................ .58-60

Page Field...............................................................61-65

Debt Service............................................................66-71

Self Insurance and Capital..........................................72-81

E. Supplemental InformationFY 2020 Forecast AH Fund Summary................................82

FY 2020 Forecast Operating Fund Summary.......................83

2. -

LEE COUNTY PORT AUTHORITYPROPOSED BUDGET

FISCAL YEAR 2020/2021

Board of Port Commissioners:

Brian Hamman, Chairman

Frank Mann, Vice Chairman

John E. Manning

Cecil L Pendergrass

Ray Sandelli

Airports Special Management Committee:

Noel Andress, Vice Chair

John E. Goodrich, Jr.

Randy Krise,

Fran Myers

Robbie Roepstorff, Chair

R. Scott Cameron, Collier County

Dana W. Can-, Charlotte County

2. -

Fax: (239)590-4533

R. SlEGEL, CPA, C.

ACTING BfficimvE DIRECTOR

RICHARD WM. WESCH

PORT AUTHORITY ATTORNEY

BOARD OFPORT COMMISSIONERS

JOHN E. R/iftNHittG

CECEL L PEitOERGRASS

June 25, 2020

Lee County Board of Port CommissionersP.O. Box 398Fort Myers, Florida 33902

Dear Commissioners:

i am pleased to present the Lee County Port Authority ("Port Authority") Budget forFiscal Year 2020-21. The Proposed Fiscal Year 2020-21 consolidated all funds annualbudget for the Port Authority totals $374.4 million, a decrease of 7.39 percent or $29.9million less than the current year's Amended Budget. The decrease is primarily due to adecrease in operating expenses and capital spending because of the COViD-19pandemic. The decreases in operating expenses include personnel, janitorial, parkinglot management and deferment of maintenance projects. The decreases in capitalspending are deferred projects that inciude the terminal expansion and the rental carrelocation. Ongoing projects inciude the construction of the Airport Traffic Control Tower(ATCT) and Airside Pavement Rehabilitation.

The Airport Operating Fund for Southwest Florida International Airport is included in theoverall Port Authority budget. The total Proposed Operating Budget for Fiscal Year2020-21 is $110.5 million, which represents a decrease of 15.4 percent or $20.2 million.The following projections were used in the establishment of the Airport's OperatingFund:

^ The total number of passengers is projected to be 6,001,735, a decrease ofapproximately 39.2 percent less than the Fiscal Year 2020 Approved Budget.

^ The total landed weight is projected to be 3,61 1,578 units, a decrease ofapproximately 34.7 percent less than the Fiscal Year 2020 Approved Budget. Thisis also a decrease from the Fiscal Year 2020 Forecast of 3,930,481.

The following is a brief summary of total revenues:

Fiscal Year2019-20

ApprovedBudaet

Fiscal Year2020-21

ProposedBudget Variance

Non-Airline Revenues

Signatory Airline RevenuesFund Balance and InterfundTransfers

Total

69,015,78334,933,579

26.713.886

S130.663.248

48,023,46629,855,096

32,611.522

$110,490,084

(20,992,317)(5,078,483)

5,897.636

Sr20.173.164^

SOUTHWEST FLORIDA INTERNATIONAL AIRPORT11000 Terminal Access Road, Suite 8671 ^FortMyers, Florida 33913-8213

www.flylcpa.com

2. -

Lee County Board of Port CommissionersJune 25, 2020Page Two

The decreases in Non-Airline Revenues are primarily attributed to a forecasteddecrease in passenger and airline activity. Budgeted revenues include, but are notlimited to, a decrease of $8.2 million in parking, a decrease of $6.3 million in rental carsand a decrease of $2.5 million in restaurants and concessions.

The following is a brief summary of total expenses:

Fiscal Year Fiscal Year2019-20 2020-21

Approved ProposedBudqet Budget Variance

Personnel 36,324,657 35,237,964 (1,086,693)Operating 37,249,045 26,674,181 (10,574,864)Non-Operating 57,089,546 48.577,939 (8,511 .607)Total $130.663.248 $110.490.084 £f20,173,164^

The assumptions in Personnel include a hiring freeze, no merit-based pay increasesand no new positions. The decrease of $10.6 million in operating expenses is primarilyattributed to decreases in janitorial, parking lot management, travel, operating capitaland deferment of certain maintenance projects.

As a result of the above, the proposed rates and charges for Southwest FloridaInternational Airport are as follows:

Fiscal Year Fiscal Year2019-20 2020-21

Approved ProposedBudget Budget Variance

Landing Fees $2.49 $3.32 .83Terminal Rental Rate $110.54 $92.08 (18.46)Average Cost Per Enplanement $6.62 $10.15 3.53

Port Authority staff met with the airlines on May 29, 2020 and presented a summary ofthe budget and the rates and fees. The airlines were complimentary of management'sefforts to decrease operating expenses in response to the COVID-19 pandemic andhad no recommendations to change any of the budgeted projections. The average costper enplanement for the airlines is projected to increase to $10.15. Our budgetprojections include an estimate of $14,470,400 of CARES Act Funding to help offsetoperating expenses and debt service.

2. -

Lee County Board of Port CommissionersJune 25, 2020Page Three

The Page Field Proposed Budget is $25.8 million, a decrease of $3.2 million. Themajority of the decreases was in fuel inventory and in capital expenditures. Projectsincluded in the Fiscal Year 2020-21 budget are the design of the new South Quadhangars and ramp.

Operating revenues are projected to decrease by 15.2 percent with notabie decreasesin fuel sales by $1 ,911,000 and investment income by $75,000. The decrease in fuelsales is due to a forecasted decrease in volume and price. Notable increases includeland rent by $193,000 and hangar rent by $67,000. The operating expenses areexpected to decrease overall by 22.6 percent. The decrease is primarily attributed tofuel inventory resale, travel and repair and maintenance items.

We are pleased with the results of the Proposed Fiscal Year 2020-21 Port Authorityconsolidated budget and appreciate your continued support, if you have any questionsor require further information regarding the enclosed budget information, please contactme.

Sincerely,

LEE COUNTY PORT AUTHORITY

Benjamin R. Siegel, CPA, C.lActing Executive Director

BRS:BWM/!ac

2. -

Total Passengers

Total Landed Weight (x 1 ,000 Ibs)

Landing Fee

Terminal Rental Rate

FY 19/20 FY 20/21 VarianceApproved Proposed Over/Bucjget Budciet fUnder)

9,878,331 6,001,735 (3,876,596)

5,530,943 3,611,578 (1,919,365)

$ 2.49 $ 3.32 $ 0.83

$ 110.54 $ 92.08 $ (18.46)

Net Cost Per Enplanement $ 6.62 $ 10.15 $ 3.53

2. -

Airports Special Management Committee

Contract Management Engineering & ConstructionAir Service Development

Aircraft Rescue & Fire Fighting Government Affairs & Grants

Airport Maintenance Development Services

Human Resources Planning & Environ. Compliance

information Technoiogy Operations & Safety

Aviation Security & TechnologyCommunications & IVlarketing

Property Management

2. -

Department Name

Approwd Approwd Appro\ed Approwd Appro\ed Approved Approwd Approvsd ProposedBudget Budget Budget Budget Budget Budget Budget Budget Budget

FY 12/13 FY 13/14 FY 14/15 FY 15/16 PY 16/17 FY 17/18 FY 18/19 FY 19/20 FY 20/21 Variance

Executive Director

EXECUTIVE DIVISION

Air Service Development 3 3Communications & Marketing 5 5

Finance & Budget 14 14General Sen/ices 12 12Human Resources 4 4Information Technoiogy 13 13Property Management 4 4Purchasing 0 0

35141241340

36141151430

36141151630

2914061656

2914061656

Contract ManagementAircraft RescueAirport PoliceA^ation

Awation Security & TechMaintenanceOperations & SafetyPage Field

Security

2434131

103341927

2434131

104352227

2434431

108352325

2434431

112352325

24343319

114222422

24343319

114222422

24343319

114222422

2914061755

34347317

116232420

2914061756

34367317

11623240

ADMINISTRATION DIVISION

DewlopmentDEVELOPIVIENT DIVISION

55

2424

55

2424

55

2323

56

2323

58

2323

58

2323

58

2323

58

2323

59

2222

1

-1

-1

002000000

-20

AVIATION DIVISION 273 278 284 288 292 292 292 296 296

TOTAL 354 359 364 369 375 375 375 379 379

2. -

Department Name

General Services

Purchasing

Communications & Marketing

Operations & Safety

Page Fieid Aviation

Aviation Security & Technobgy

Police

Approved Approwd Approved Approved Approved Approved Approved Amended ProposedFY 12/13 FY 13/14 FY 14/15 FY 15/16 FY 16/17 FY_1_7/18 FY 18/19 FY 19/20 FY 20/21 Variance

2

0

0

0

2

0

0

2

0

0

0

2

0

0

2

0

0

4

2

0

0

2

0

0

4

2

0

0

2

0

0

4

2

0

0

0

1

1

4

2

0

0

0

1

1

4

2

0

0

0

1

1

5

2

2

9

0

1

1

5

2

2

9

0

0

0

0

0

0

0

Totai 20 20

2. -

ac<LU>.

—I

6,000,000

5,000,000

5,525,148 5,530,943

5,176,068

4,841,099 4,971,790

!""

xu

QUJQ

4,000,000

4,401,6524,523,164

4,656,467

3,930,481

3,000,000

4,868,267

2,000,000

1,000,000

12/13 13/14 14/15 15/16 16/17 17/18 18/19

FISCAL YEAR

19/20 Budget 19/20 Forecast 20/21 ProposedBudget

10

2. -

$10

$8 ^

tfl0 $6u

$4 -I

$2 ^

$10.15

$0 ^

$6.28$6.41 $6.47

$6.13

$8.66

$6.62

$5.33

12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 Budget 19/20 Forecast 20/21 ProposedBudget

FISCAL YEAR

2. -

w0u

4.00

3.50 -\

3.00

2.50 -i

2.00

1.50

1.00

0.50

12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 Budget 19/20 Forecast 20/21 ProposedBudget

FISCAL YEAR

12

2. -

FUND BALANCE17.34% RENTAL CARS ON & OFF

14.32%

AIRLINE REVENUES28.28%

PARKING LOT9.27%

iNTERFUNDTRANSFERS7.13%

INVESTMENTiNCOME0.29%

OTHER0.96%

PASSENGER FAQUTY.CHARGE1.80%

FUELSYSTEMS2.16%

AiRRELD, TERMINAL,LAND RENT

5.63%

.CARES FUNDING4.98%

RESTAURANTS & CATERING2.73%

CONCESSSONS&ADVERTISING

2.39%

FACILITY & EQUIPMENTCHARGES

2.66%

AiRLINE REVENUE $ 31,245,736

FUND BALANCE 19,163,068

RENTAL CARS (ON & OFF AiRPORT) 15,825,399

PARKING LOT 10,240,550

INTERFUND TRANSFER 7,348,454

AIRFIELD, TERMINAL &LANDRENT 6,217,525

CARES FUNDING 5,500,000

RESTAURANTS/CATERING 3,012,652

AIRPORTFAC1UTY& EQUIPMENT CHARGES 2,939,547

CONCESSIONS &ADVERTISING 2,638,441

FUEL SYSTEMS 2,381,512

PASSENGER FAClLITf CHARGE 1,991,100

OTHER REVENUES 1,062,541

INVESTMENT iNCOME 323,559

TOTAL $ 110,490,084

13

2. -

DEVELOPMENT.4.19%

INTERFUND TRANSFER7.13%

AIRLINE REVENUESHARING

3.17%

EXECUTIVE0.64%

ADMINISTRATION13.26%

DEBT SERVICE14.68%

AVIATION DSViSION with CARES $ 41,928,369RESERVES 20,978,036DEBTSERV!CE 16,222,554ADMINISTRATION DIVSSJON 14,648,407INTERFUND TRANSFER (NET OF DEBT SERVICE) 7,877,750DEVELOPMENT DIVISION 4,633,529AIRLINE REVENUE SHARING 3,499,598EXECUTIVE DiVISION 701.840TOTAL $ 110,490,084

14

2. -

DELTA

AmericanAirlines

jetBlue

firlirLessmm'nst£6o,

sun country ii HI ieb

Ottawa•

Montreai

Toronto0

Rochester•

Portland•

Minneapolis

Grand

•• * '• •^.^-^ WhitePIainn» ,..Mactlion__ _ ~ -Detroit '"""New,Y5rk»j«"P

__Chj^ago Cleveland mu-^..—.- ^gwU?t?^»LGAORD*?lJ... -'"——"» Pittsburgh TnrilorwJFK

MOW Akron/, • ^~ •PhHadolphia

Rocho»tcrsy«acuae^"y^oston

Buffalo* ' Hartford* •ProvidenceWhite PIainw '. .

Denver

Omaha

Kansascity

Indianapolis* _,...»,Columbus

St. Louis•-.

Cincinnati

Nachvillc•

-•... •Atlanflc CftySaltimorc

IAD» •OCAWashington

Ralefgh/Ourham

•Charlotte

Atlanta

Dallas'••DAL

OFWGutfport

AIRCANADAHou»ton

IAH

Eurowings

DusseldorT

Havana

2. -

RSW PROJECTSRSWATCT/TRACONARFF Personal Protection Equipment

RSWAirside Pavement Rehab 1

RSW PBBs Replacement

RSWTerminai Expansion 1 (Design & Construction)

RSWTerminal Expansion 2( Gates Expansion evaluatlonj Design

RSWTermina! Expansion 2( Gates Expansion Head House)

RSW Master Plan Update

RSWBHS Expansion

RSW Rehab Roads (Design)RSW Rehab Rosds ChamberlinSkypiex Master USCOE Permit

Skyplex Greenway

RSW Rehab Roads (all other roads)RSW Gate 64 Relocation

RSW Rental Car Relocation Expansion 1

RSW Rental Car Relocation Expansion Parking Expansion 2

RSW Security CenterStudy

RSW North Ramp Drainage Repairs

Water intrusion Repairs

RSWAirside Pavement Rehab 2

ARFF 3,000 Gallon Crash Truck #906

Rehab Runway 6-24

Expand Employee Parking Lot

Parking Revenue Controf System

Total

$$$$$$$$$$$$$$$$$$$$$$$$

_$

_A

Total Cost82,163,694

105,29524,751,863

43,191,691

263,335,942

800.000

175,000,000

1,500,000

44,200.000

2,284,085

20,405,696

500,000

1,228,700

5,449,600

931,67054,419,271

121,000,000

120,000

250,000

1,283,371

41,160,331

1,544,736

46,000,000

2,200,000

5,000,000

938,825,944

$$$$$$$$$

$$$?$$$$$$$$$$

_$_

202122,330,688

105,295

15,311,539

41,761,585

42,261,082

800,000

100,000

1,000,000

250,OCX)

200,000

124,120,188

$$$$$$$$$

$$$$$$$$$$$$$$

$_

20222,481,188

3,827,885

128,524,056

750,000

200,000

843,548

4,320,000

120,000

200,00041,160,331

1,544,736

183,971,744

$$$$$$$$$

$$$$$$$$$$$$$$

_$_

Financial Year

20232,000,000

74,043,649

1,000,000

750,000

20,405,696

200,000

49,680,000

9,680,000

700,000

158,459,345

2024$$$

$ 2,784,479

^$ 9,000,000

$$ 4,000,000

$$$$$

$ 111,320,000

$$$$$

s

$ 127,104,479

$$$$$$$$$

$$$$$$$$$$$$$$

_$_

2025

50,000,000

40,000,000

5,449,6CB

6,000,000

2,200,000

103,649,600

2026+

$

$$^$$ 115,000,000

$$

$$$$$$$E;

$$$$$ 40,000,000

$$ 5,000,000

$ 160,000,000

2. -

Page Field Project

FMY Corporate Hanger

FMY South Quad Hangars & Ramp Design Oniy

FMY South Q.uad Hangars & Ramp Construction

North Quad Infrastructure & Utilities - Phase 1

Program 2- Replace B Hangars

Add Apron - Tie Downs

Maintenance Bldg.

FMYRPZ Acquisition

Program 3 - SE Hangars & Ramp (under the RPZ)

FMY Noise Study

TWs & Aprons (Program 3 + TW-A NE) (Study)

Base Ops Parking Lot Expansion

Multi-Use Hangar 3 & Base Ops Apron Expansion find helipads)

SW Pa reel Acquisition

ARFFRefurb

Total

$$$$$$$$$$$$$$$

_$_

Total Cost

7,016,248

893,467

17,571,569

2,000,000

5/500,0006,500,000

4,000,000

2,700,000

5,500,000500,000

4,000,000

1,600,00015,000,000

100,000

2,000,000

74,881,284

FY 2021

$ 776,000

$$$$$

$$$$$

$ 776,000

FY 2022

$$$ 7,028,628

$$$$$$$$$$

$

$ 7,028,628

$$$$$$$$$$$$$$$

_$_

Financial Year

Ff2023

$10,542,942 $

5$^

$^

10,542,942 $

FY 2024

300,000

500,000500,000

2,700,000

500,000

4/500,000

$$$$$$$

$$$$

1.

FY 2025

1,700,000

3,000,000

3,000,000400,000

3,000,000

250,0003,000,000

200,000

14,550,000

$$$

$$$

$$$$$$$

A

FY 2026+

2,000,000

3,000,0003,600,000

2,000,000

250,000

1/000,000

1,400,000

15,000,000

100,000

2,000,000

30,350,000

17

2. -

LEE COUNTY PORT AUTHORITYPROPOSED BUDGET


ALL FUNDS SUMMARY FY 18/19ACTUALS

$141,125,214205,033

12,645,862204,648

0512,575

49,766,81786,641,57412,021,76622,312,42870,958,981

577,8950

25,915,32513,496,1049,513,7581,672,343

0447,570,323(67,326,519)

$380,243,804

FY 19/20AMENDEDBUDGET

$130,663,248205,262

21,269,601124,302175,130512,950

47,964,842191,744,686

7,722,15321,402,46337,482,8619,593,753

750,00026,481,45313,613,4339,568,4151,822,644

10,125521,107,321

(116,830,831)

$404,276,490

FY 20/21PROPOSED

BUDGET

$110,490,084203,906

19,225,69360,237

340504,468

51,395,448189,093,204

6,581,91915,930,72435,208.053

145,12412,903,68726,379,191

4,480,8009,552,3561,821,875

10,098483,987,206

(109,574,474)

$374,412,732

VARIANCEOver

(Under)

$ (20,173,164)(1,356)

(2,043,908)(64,065)

(174,790)(8,482)

3,430,606(2,651,482)(1,140,234)(5,471,739)(2,274,808)(9,448,629)12,153,687

(102,262)(9,132,633)

(16,059)(769)

(27)(37,120,115)

7,256,357

($29,863,758)

PERCENTOver

(Under)

-15.44%-0.66%-9.61%

-51.54%-99.81%

-1.65%

7.15%"1.38%

"14.77%-25.57%"6.07%

-98.49%

1620.49%-0.39%

-67.09%-0.17%-0.04%-0.27%

-7.12%6.21%

-7.39%

APPROPRIATIONS

41200 - Airport Operating41201 " Self-Insurance Fund

41203 - Page Field Operating41206 - Port Authority Donation Police K941209 - Port Authority Grant Cap. Repayment41210 - Reserve and Replacement Fund41231 - LCPA Discretionary41234 - RSW Construction41238 - Page Field Construction41250 - Passenger Facility Charge41251 - PFC Capital Fund41255 - Rental Car Facility Charge41262 - Revolving Credit Facility41271 - Debt Service Reserves41273 - Revenue Refunding Bonds 201041275 - Revenue Refunding Bonds 201141276 " Revenue Refunding Bonds 201541290 - Rebate Fund

Sub Totai(Less: Transfers)


OPERATING

Operating ExpendituresParticipating Airline Rebates

Subtotal Operating

CAPITAL

Capital ConstructionLand Acquisition

Subfotal Capita!

DEBT SERVICE

Arbitrage RebateMisc. Financial ServicesPrincipai Paymentinterest PaymentDebt Service Reserves

Subtotal Debt Service

Airport Reserves

TOTAL ALL FUNDS

$76,922,5245,969,747

82,892,271

44,711,5020

44,711,502

01,093

11,096,89413,386,05925,852,92850,336,974

202,303,057

$380,243,804

$89,389,6714,998,741

94,388.412

143,766,1460

143,766,146

10,0001,785

12,313,54813,509,82925,963,23551,798,397

114,323,535

$404,276,490

$75,778,5963,499,598

79,278,194

129,465,6190

129,465,619

10,0001,760

15,731,26612,753,54425,943,19654,439,766

111,229,153

$374,412,732

($13,611,075)(1,499,143)

(15,110,218)

(14,300,527)0

(14,300,527)

0(25)

3,417,718(756,285)

(20,039)2,641,369

(3,094,382)

($29,863,758)

-15.23%-29.99%-16.01%

-9.95%

0.00%-9.95%

0,00%-1.40%

27.76%-5.60%-0.08%

5.10%

-2.71%

-7.39%

18.2. -

LEE COUNTS PORT AUTHORITYPROPOSED BUDGET


FUND 41200 SUMMARY

REVENUES

Revenues - RSWinterfund TransfersCARES FundingFund Balance

Total Revenues

OPERATING EXPENSES

ExecutiveAdministrationDevelopmentAviationCARES FundingCapital

Sub Total

PERSONNEL EXPENSES

ExecutiveAdministrationDevelopmentAviation

Sub Total

NON FEE RELATED EXPENSES

Airline Rebates/Revenue SharingInterfund Transfers

Sub Total

TOTAL OPERATING

Fund 412 Reserves


FY 18/19ACTUALS

$100,479,3026,376,356

034,269,556

$141,125,214

189,1295,858,5001,901,304

23,258,6580

1,805,88833,013,479

470,1666,646,4412,583,190

22,863,95332,563,750

5,969,74733,002,31438,972,061

104,549,290

36,575,924

$141,125,214

FY 19/20APPROVED

BUDGET

$103,949,3629,134,714

017,579,172

$130,663,248

295,4756,800,6982,296,337

26,070,5860

1,785,94937,249,045

507.4167,519,3852,877,677

25,420,17936,324,657

4,998,74133,697,37938,696,120

112,269,822

18,393,426

$130.663,248

FY 20/21PROPOSED

BUDGET

$77,878,5627,948,4545,500,000

19,163,068$110,490,084

237,8856,696,1381,920,892

22,705,320(5,500,000)

613,94626,674,181

463,9557,338,3232,712,637

24,723,04935,237,964

3,499,59824,100,30427,599,902

89,512,047

20,978,036

$110,490,084

VARIANCEOver

(Under)

$ (26,070,800)(1,186,260)5,500,0001,583,896

($20,173,164)

(57,590)(104,560)(375,445)

(3,365,266)(5,500,000)(1,172,003)

(10,574,864)

(43,461)(181,062)(165,040)(69ZJ3QI

(1>086>6?3)_

(1,499,143)(9,597,0751

(11,096,218)

(22,757,775)

2,584,610

($2PJ 73,164^

PERCENTOver

(Under)

-25.08%-12.99%100.00%

9.01%-15.44%

-19,49%-1,54%

-16.35%-12.91%100.00%-65.62%-28.39%

-8.57%

-2.41%

-5.74%

-2.74%

-2.99%

-29.99%-28.48%-28.68%

-20.27%

14.05%

.15.44%

19.

2. -

LEE COUNTf PORT AUTHORITYPROPOSED BUDGET


FUND 41200 REVENUESACCOUNT SUMMARY

9002 Rental Car Fees9003 Off Airport Rental Car Fees9004 Restaurant9004 Catering9005 Parking Lots9008 Courtesy Permit Trip Fees9009 Charter Bus Fee

BOARD OF PORT COMMISSIONERS MEETING …Joint Port Board Special Meeting Minutes from April 7, 2020...

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Transcript of BOARD OF PORT COMMISSIONERS MEETING …Joint Port Board Special Meeting Minutes from April 7, 2020...