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HomeMy WebLinkAboutAgenda 09-12-24*The times listed in the agenda are the anticipated duration of that particular agenda item. The actual discussion may take more or less time than anticipated. If you will need disability-related accommodations in order to participate in this program/event, please contact Michael Tharp, Airport Manager, at 319-356-5045 or at michael-tharp@iowa-city.org. Early requests are strongly encouraged to allow sufficient time to meet your access needs. IOWA CITY AIRPORT COMMISSION MEETING AGENDA AIRPORT TERMINAL BUILDING 1801 S. RIVERSIDE DRIVE IOWA CITY, IOWA THURSDAY, SEPTEMBER 12, 2024 – 6:00 P.M. 1.Determine Quorum 1 min* 2.Approval of Minutes from the following meetings:2 min August 19, 2024 3. Public Comment - Items not on the agenda 5 min 4.Items for Discussion / Action: a.Airport Construction Projects:30 min i.FAA grant projects 1.Runway 12/30 Displaced Threshold/Relocation 2.Solar Power Project 3.Terminal Building 4.5 Year Engineering/Consultant Request for Qualifications ii.Iowa DOT grant projects b.Airport "Operations"15 min i.Budget 1. 2025-2030 CIP Projects 2.FY26 Budget ii.Management 1.Farm Management Agreement 2.T-Hangar Lease Language iii.Events 1. Autocross: Sept 15, Sept 29 2.Pancake Breakfast: (Aug 25) c.FBO / Flight Training Reports 10 min i.Jet Air d.Commission Members' Reports 2 min e.Staff Report 2 min 5.Set next regular meeting for October 10, 2024 6. Adjourn MINUTES DRAFT IOWA CITY AIRPORT COMMISSION August 19, 2024 – 5:00 P.M. AIRPORT TERMINAL BUILDING Members Present: Warren Bishop, Judy Pfohl, Ryan Story, Chris Lawrence Members Absent: Hellecktra Orozco, Staff Present: Michael Tharp, Jennifer Schwickerath Others Present: Travis Strait, Carl Byers RECOMMENDATIONS TO COUNCIL: None DETERMINE QUORUM A quorum was determined at 5:00 pm and Lawrence called the meeting to order. APPROVAL OF MINUTES Tharp noted that Pfohl had submitted some grammatical corrections to the draft minutes. Bishop moved to approve the minutes from July 11, 2024, seconded by Pfohl. Motion carried 3-0 (Lawrence abstained, Story absent) PUBLIC COMMENT - None ITEMS FOR DISCUSSION / ACTION a.Airport Construction Projects: i.FAA grant projects 1.Runway 12/30 Displaced Threshold/Relocation – Tharp stated the project is mostly done. He stated that they had some light fixtures that were supposed to be going in tomorrow and that the seeders were scheduled to come out. Tharp stated they were waiting for the lights fixtures to be correct before scheduling flight check for the FAA so they didn’t have a issue with that. 2.Solar Power Project – Tharp stated that they have a grant offer from the FAA for the project. Tharp noted that so far they were on track for a start date of Sept 9th, but that the contractor was waiting for one more piece of equipment to come in and that the start date might shift because of it. Tharp noted they did adjust the panels a bit and asked Strait to update the Commission. Strait stated the contract had requested a change in the angle due to wind loading of the panels from a 35 degree tilt, to a 25 degree tilt. This would make the panels a little flatter and a little less efficient. To compensate some additional panels would be added to the system. Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 2 of 62 Airport Commission August 19, 2024 Page 2 of 4 a. Consider a resolution accepting FAA Grant 3-19-0047- 037-2024 – Bishop moved resolution #A24-16, seconded by Pfohl. Motion carried 4-0 (Orozco Absent) 3. Terminal Building – Tharp stated that they had submitted the grant application for the next round of funding. Tharp stated they were also finishing up the FAQ document for those that might assist is advocating for the project. Tharp stated that Lawrence had seen the document and he was planning to take it to the Kansas City conference with him. Tharp noted he had not seen any timelines for when the FAA would announce the awards. ii. Iowa DOT grant projects – Tharp noted that if they had any ideas for grant applications, members could forward them to him. Tharp noted that they did not have any active grants with the Iowa DOT and that the next round of applications wouldn’t be until next April b. Airport “Operations” i. Budget – 1. Hangar Rates 2024-2025 – Tharp stated that most of the airports around Iowa City had remained the same with rates. Tharp stated that Cedar Rapids was in the middle of its rate adjust program that it started a couple of years ago. Tharp stated that they were still seeing higher rates for maintenance and other fees and that he was recommending a 5% increase to the existing rates. Pfohl asked if there was still a hangar waiting list, to which Tharp responded in the affirmative. Pfohl also asked about hangar construct to which Tharp stated that construction wasn’t cost effective at this point. Tharp noted that the 5% increase would bring in about an additional $7000 per year. Story asked if these rates were just for the t-hangars and asked about the rates for the other hangars. Tharp stated that the other hangar agreements have an automatic CPI inflator in them but typically at 5 year intervals. a. Consider a motion to approve hangar rates for 2024/2025 – Lawrence moved to raise the hangar rates by 5%, seconded by Pfohl. Motion carried 2-0 (Story, Bishop abstained) 2. Budget Review – Tharp stated that the spreadsheet in the packet was a comparison view showing the last couple of years, and the projects for the next couple of years. Tharp stated that their larger than projected expenses came from a large increase in insurance costs as well as a number of one-time costs, such as the gate operator that went out and hangar doors that are old that finally give out. Tharp noted that the projections of the next fiscal was showing a surplus of around $30,000 stating that they would need a couple of years like that to get the cash balance back to more favorable levels. ii. Management 1. Strategic Plan – Tharp led a review of the strategic plan objectives and gave examples of actions that been done for each of the objectives. Tharp reminded folks that they did have the pancake breakfast this weekend as one of their community events. Story Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 3 of 62 Airport Commission August 19, 2024 Page 3 of 4 asked about the larger hangar that used to be rented but was now used for equipment storage. Tharp noted that this was an executive decision, and they could go back to renting it. Tharp noted that as the space constraints became increased, this hangar came back to the airport and the opportunity was there for the equipment to be stored indoors again. It also gave the opportunity for maintenance workers to be shielded when swapping plow blades, brooms or doing other basic needed maintenance. Story asked about building a building for the equipment. Tharp noted that you can get money for an equipment building. Tharp noted that it was still tied to a formula based on equipment needed by the airport. Tharp stated that the hangar itself was oddly shaped making it too small for multiple aircraft, but too big for a single engine hangar. Tharp noted that previously it was used by a glider pilot before they had built their own hangar at the end of the row. Story also asked about hangars that were rented but empty or hangars that might not be getting used as aircraft storage. Members continued to discuss options for encouraging more active hangar flyers. iii. Events – 1. Autocross: Sept 15, Sept 29 2. Pancake Breakfast (Aug 25) c. FBO / Flight Training Reports i. Jet Air – Lawrence noted that Wolford wasn’t present, and Tharp noted he didn’t have any updates. Tharp noted that they were extremely busy in the month of July as indicated by the fuel flowage check they got. Pfohl asked if the maintenance staff could focus on the weeds in the front of the building. d. Commission Members' Reports – Story asked about the grass runway to which Tharp stated he need to write a formal request letter to the Flight Standards office. e. Staff Report – Tharp noted that he would be in Kansas City for the 4 states aviation conference Wednesday-Friday. SET NEXT REGULAR MEETING – Next meeting September 12th. ADJOURN Lawrence moved to adjourn, seconded by Bishop. Motion carried 4-0 (Story absent). Meeting adjourned at 5:35 pm. ______________________________________________ ___________________ CHAIRPERSON DATE Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 4 of 62 Airport Commission August 19, 2024 Page 4 of 4 Airport Commission ATTENDANCE RECORD 2023-2024 NAME TERM EXP. 09 / 1 4 / 2 3 10 / 1 9 / 2 3 11 / 1 5 / 2 3 12 / 1 4 / 2 3 01 / 1 8 / 2 4 02 / 0 8 / 2 4 03 / 1 4 / 2 4 04 / 1 1 / 2 4 05 / 0 9 / 2 4 05 / 2 2 / 2 4 06 / 1 3 / 2 4 07 / 1 1 / 2 4 08 / 1 9 / 2 4 Warren Bishop 06/30/26 X O/E X X O/E X X O/E O/E X X X X Christopher Lawrence 06/30/25 X X X X X O/E X X X O/E O/E O/E X Hellecktra Orozco 06/30/28 X X X X O/E X X O/E X O/E X X X Judy Pfohl 06/30/26 X X X X X X X X O/E X X X X Ryan Story 06/30/27 X O/E X X X X X X X X X O/E O/E Key: X = Present X/E = Present for Part of Meeting O = Absent O/E = Absent/Excused NM = Not a Member at this time X/S = Present for subcommittee meeting O/S = Absent, not a member of the subcommittee Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 5 of 62 Request for Qualifications Airport Planning, Architecture/Engineering, Environmental, and Consulting Services Iowa City Municipal Airport RFQ Point of Contact Information: Michael Tharp, C.M. Airport Manager Iowa City Municipal Airport 1801 S. Riverside Dr Iowa City, IA 52246 michael-tharp@iowa-city.org Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 6 of 62 Iowa City Municipal Airport Request for Qualifications Airport Planning, Architecture/Engineering, Environmental and Consulting Services The Iowa City Airport Commission is evaluating the best and most effective method to provide for the services needed to accomplish their complex five-year Federal Aviation Administration-Airport Improvement Plan program for the Iowa City Municipal Airport. RFQ Submission Requirements The Iowa City Airport Commission is seeking those with expertise in planning, architecture/engineering, environmental and consulting services related to aviation projects. The Iowa City Municipal Airport would like to retain the professional services of a qualified airport consulting firm to assist the Iowa City Airport Commission on specific projects over the next five- (5) years Scope of Services Tasks involved will include, but not be limited to; planning, architecture, landscaping, airfield civil and electrical engineering, program management, grant project management, surveying and on- call services. This contract is subject but not limited to the following federal provisions: • Title VI of the Civil Rights Act of 1964 • Section 520 of the Airport and Airway Improvement Act of 1982 • DOT Regulation 49 CFR Part 18.36(i) - Access to Records • DOT Regulation 49 CFR Part 20 - Lobbying and Influencing Federal Employees • DOT Regulation 49 CFR Part 26 -Disadvantage Business Enterprises Participation. • DOT Regulation 49 CFR Part 29 - Government-wide Debarment and Suspension • DOT Regulation 49 CFR Part 30 - Federal Trade Restriction Clause Current Planned AIP Projects Runway Rehabilitation, Crack & Joint Sealing (Runway 7/25 West End and Runway 12/30) Estimated Cost of Development: $615,667 Runway Extension Environmental Assessment Estimated Cost of Development $50,000 Runway Extension – Runway 7 Estimated Cost of Development: $1,622,000 General Aviation Apron and Connecting Taxiway Estimated Cost of Development: $1,250,000 Rehabilitate T-hangar Taxilanes Estimated Cost of Development: $532,000 Airport Terminal Building (BIL-ATP) Estimated Cost of Development $8,000,000 Solar Array Phase 2 (BIL) Estimated Cost of Development $500,000 Initiation of work may be conditioned upon receipt of federal funds Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 7 of 62 Bolton & Menk assisted in the preparation of the most recent 5-year CIP plan All parties are advised that some of the services may not be required and that the sponsor reserves the right to initiate additional procurement action for any of the services included in the initial procurement. Qualifications The RFQ proposal should include detailed information regarding the consultant’s interest and qualifications. To be considered to perform the services requested by this RFQ, a firm or group must submit a proposal demonstrating the following: 1. Current relevant experience with airport improvement projects, planning, design, and engineering of airside and landside aviation facilities. These projects may or may not be funded with FAA-AIP grants 2. A track record in working with governmental agencies on projects of this type. Previous FAA grant experience is a qualifications requirement. Please provide a list of relevant projects, including client contact names, titles, and phone numbers 3. The proposed staffing plan for projects, including the qualifications and job classifications. Resumes of key personnel must also be submitted. 4. Relationship between entities if the proposal includes work performed by someone outside the principal firm. Agreement Format and Insurance Requirements The selected firm or group must be prepared to comply with City of Iowa City, Iowa standard contract terms and insurance requirements. Proposed Compensation This request and solicitation is for a Statement of Interest and Qualifications. Fee information will not be considered in the selection process and must not be submitted with the statement of qualifications. Final compensation will be determined through negotiations with the selected firm on specific projects. Proposal Submission 1. Proposals: Five (5) copies must be received before and should be marked in the left upperhand corner Request for Qualifications: Airport Planning, Architecture/Engineering, Environmental and Consulting Services. Proposals should be submitted to: Iowa City Municipal Airport C/O City Clerk, 410 E. Washington St. Iowa City, IA 52240 Proposals received after that time will be returned un-opened. Proposals must be received by, not postmarked by, the final filing date and time. Telephone, email, facsimile submittals will not be accepted. 2. Proposals shall include the following: a. Cover Letter: One page cover letter which includes the mailing and email addresses and telephone and fax number of the person(s) to be used for contact and who is authorized to represent the firm or group b. Table of Contents: An index of the material included in the proposal c. Statement of Qualifications: A statement of the firm’s or group’s qualifications covering the items listed in the qualifications subsection above d. Management and Staff: Describe the organizational structure that is proposed to implement the project, including support staff, and any subcontractors. Include resumes of key project personnel, include staff availability and location of office Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 8 of 62 where majority of work will be completed. e. Workload Management: Outlined workload management techniques that will allow ongoing assessments of current workloads. 3. Proposals shall be brief and concise, containing no more than thirty-five (35) pages of material (excluding front and back cover, and dividers) Selection Process Proposals received prior to the deadline will be screened and evaluated through the following process: 1. A selection committee consisting of key airport and city officials will screen the proposals to determine whether they are responsive to the RFQ. 2. Selection Criteria contained in FAA Advisory Circular 150/5100-14, as amended, will be considered in the following order of importance: a. Understanding and Recent Experience with similar projects(s) b. Knowledge of FAA Standards and Policies c. Interest in solicitation d. References e. Ability to meet schedules and keep work within the allocated budget. f. Ability to regularly attend airport commission meetings g. Qualifications of the project manager and consultants assigned to project(s) h. Evidence that the consultant has made good faith efforts in meeting Disadvantaged Business Enterprise (DBE) goals (49 CFR 26.53) i. Ability to Furnish Qualified Inspectors for construction inspection if applicable j. Current Workload 3. The selection committee will evaluate all pertinent information and will establish a list from those firms submitting statements. Firms may be contacted for additional information. The selection committee will forward 3-5 firms to the Iowa City Airport Commission to conduct final interviews. 4. Selected firms may be asked to submit a copy of their most recent master agreement. 5. The Iowa City Airport Commission reserves the right to reject any and/or all proposals, and to waive or decline to waive irregularities in any submittal. The Iowa City Airport Commission is anticipated to schedule approval on December 12, 2024 Consultant should be prepared to begin contract negotiations for a master agreement. Clarifications and Addenda Any requests for clarification will be made in writing to the point of contact no later than 5:00 p.m. October 18, 2024 Final Addenda will be issue no later than 5:00 pm, October 25, 2024 Selection Schedule Distribution of Request for Proposals October 1, 2024 Final Date for Submitting Written Requests for Clarification October 18, 2024 Last Date for distribution of Addenda October 25, 2024 Proposals Due November 10, 2024 Finalist Interviews December 12, 2024 Commission Selection TBD Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 9 of 62 CITY OF IOWA CITY INVOICE LIST BY GL ACCOUNT Report generated: 09/06/2024 16:20 User: mtharp Program ID: apinvgla Page 1 YEAR/PERIOD: 2025/2 TO 2025/2 ACCOUNT/VENDOR INVOICE PO YEAR/PR TYP S WARRANT CHECK DESCRIPTION 76850110 Airport Operations 76850110 436050 Registration 090102 PAYPAL 525463 0 2025 2 INV P 325.00 PCARD P-Card invoice for ACCOUNT TOTAL 325.00 76850110 438030 Electricity 010319 MIDAMERICAN ENERGY 556185179 0 2025 2 INV P 497.25 081624 302340 Airport Energy Char 010319 MIDAMERICAN ENERGY 556201387 0 2025 2 INV P 11.25 081624 50236 1801 S RIVERSIDE DR 010319 MIDAMERICAN ENERGY 556237213 0 2025 2 INV P 1,235.52 081624 302340 Airport Energy Char 010319 MIDAMERICAN ENERGY 556237607 0 2025 2 INV P 25.69 081624 50236 1801 S RIVERSIDE DR 010319 MIDAMERICAN ENERGY 556237702 0 2025 2 INV P 288.33 081624 50236 1801 S RIVERSIDE DR 2,058.04 ACCOUNT TOTAL 2,058.04 76850110 438070 Heating Fuel/Gas 010319 MIDAMERICAN ENERGY 556215623 0 2025 2 INV P 14.50 081624 50236 1801 S RIVERSIDE DR 010319 MIDAMERICAN ENERGY 556237418 0 2025 2 INV P 17.31 081624 50236 1801 S RIVERSIDE DR 010319 MIDAMERICAN ENERGY 556237607 0 2025 2 INV P 14.50 081624 50236 1801 S RIVERSIDE DR 46.31 ACCOUNT TOTAL 46.31 76850110 438100 Refuse Collection Charges 011001 ABC DISPOSAL SYSTEMS 957359 0 2025 2 INV P 176.50 080924 50107 Refuse & Recycling 011001 ABC DISPOSAL SYSTEMS 957360 0 2025 2 INV P 40.00 080924 50107 Refuse & Recycling 216.50 ACCOUNT TOTAL 216.50 76850110 442010 Other Building R&M Services 010856 JET AIR INC IOW IVI-24-004591 0 2025 2 INV P 678.00 081624 302311 Maintenance and Jan ACCOUNT TOTAL 678.00 76850110 442060 Electrical & Plumbing R&M Srvc 010856 JET AIR INC IOW IVI-24-004603 0 2025 2 INV P 184.63 081624 302311 Maintenance Reimbur ACCOUNT TOTAL 184.63 76850110 443080 Other Equipment R&M Services 010856 JET AIR INC IOW IVI-24-004603 0 2025 2 INV P 1,165.90 081624 302311 Maintenance Reimbur ACCOUNT TOTAL 1,165.90 76850110 445030 Nursery Srvc-Lawn & Plant Care 010856 JET AIR INC IOW IVI-24-004591 0 2025 2 INV P 6,215.00 081624 302311 Maintenance and Jan 010856 JET AIR INC IOW IVI-24-004603 0 2025 2 INV P 105.99 081624 302311 Maintenance Reimbur Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 10 of 62 CITY OF IOWA CITY INVOICE LIST BY GL ACCOUNT Report generated: 09/06/2024 16:20 User: mtharp Program ID: apinvgla Page 2 YEAR/PERIOD: 2025/2 TO 2025/2 ACCOUNT/VENDOR INVOICE PO YEAR/PR TYP S WARRANT CHECK DESCRIPTION 6,320.99 ACCOUNT TOTAL 6,320.99 76850110 449120 Equipment Rental 016775 LRS PORTABLES LLC IP29199 0 2025 2 INV P 200.00 081624 302326 Porto's for Drive i ACCOUNT TOTAL 200.00 76850110 452010 Office Supplies 010856 JET AIR INC IOW IVI-24-004603 0 2025 2 INV P 12.03 081624 302311 Maintenance Reimbur ACCOUNT TOTAL 12.03 76850110 455110 Software 092581 ZOOM.US 525530 0 2025 2 INV P 21.99 PCARD P-Card invoice for ACCOUNT TOTAL 21.99 76850110 466070 Other Maintenance Supplies 010856 JET AIR INC IOW IVI-24-004603 0 2025 2 INV P 82.65 081624 302311 Maintenance Reimbur ACCOUNT TOTAL 82.65 ORG 76850110 TOTAL 11,312.04 FUND 7600 Airport TOTAL: 11,312.04 ** END OF REPORT - Generated by Michael Tharp ** Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 11 of 62 CITY OF IOWA CITY INVOICE LIST BY GL ACCOUNT Report generated: 09/06/2024 16:19 User: mtharp Program ID: apinvgla Page 1 YEAR/PERIOD: 2025/1 TO 2025/1 ACCOUNT/VENDOR INVOICE PO YEAR/PR TYP S WARRANT CHECK DESCRIPTION 76850110 Airport Operations 76850110 437041 Bonding & Other Insurance 012284 PETROLEUM MARKETERS 8602487-24/25 0 2025 1 INV P 2,328.00 070524 300761 Annual UST Insuranc ACCOUNT TOTAL 2,328.00 76850110 438100 Refuse Collection Charges 011001 ABC DISPOSAL SYSTEMS 946448 0 2025 1 INV P 40.00 071924 49501 July Refuse & Recyc ACCOUNT TOTAL 40.00 76850110 442010 Other Building R&M Services 010856 JET AIR INC IOW IVI-24-003715 0 2025 1 INV P 678.00 070524 300697 Groundskeeping & Ja ACCOUNT TOTAL 678.00 76850110 443080 Other Equipment R&M Services 013552 QT POD 1012-SP2024 0 2025 1 INV P 1,615.25 070524 300770 100LL - SS Kiosk - 013552 QT POD 1013-SP2024 0 2025 1 INV P 1,615.25 070524 300770 Jet A - SS Kiosk - 3,230.50 ACCOUNT TOTAL 3,230.50 76850110 445030 Nursery Srvc-Lawn & Plant Care 010856 JET AIR INC IOW IVI-24-003715 0 2025 1 INV P 6,215.00 070524 300697 Groundskeeping & Ja ACCOUNT TOTAL 6,215.00 76850110 445110 Testing Services 010647 CENTRAL PETROLEUM EQ 50254 0 2025 1 INV P 604.00 080224 301787 Annual UST Testing ACCOUNT TOTAL 604.00 76850110 449060 Dues & Memberships 016906 GREATER IOWA CITY 5543 0 2025 1 INV P 450.00 070524 300674 Annual Dues FY25 ACCOUNT TOTAL 450.00 76850110 455110 Software 092581 ZOOM.US 519575 0 2025 1 INV P 21.99 PCARD P-Card invoice for ACCOUNT TOTAL 21.99 ORG 76850110 TOTAL 13,567.49 FUND 7600 Airport TOTAL: 13,567.49 ** END OF REPORT - Generated by Michael Tharp ** Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 12 of 62 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 09/06/2024 16:22 User: mtharp Program ID: glytdbud Page 1 FY2024 BUDGET - AUGUST DETAIL FOR 2025 02 JOURNAL DETAIL 2025 2 TO 2025 2 ACCOUNTS FOR: ORIGINAL TRANFRS/ REVISED AVAILABLE PCT 7600 Airport APPROP ADJSTMTS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL 76850110 Airport Operations 76850110 321910 Misc Permits & 0 0 0 .00 .00 .00 .0% 76850110 331100 Federal Grants 0 0 0 .00 .00 .00 .0% 76850110 363910 Misc Sale of Me 0 0 0 .00 .00 .00 .0% 76850110 369100 Reimb of Expens 0 0 0 .00 .00 .00 .0% 76850110 369900 Miscellaneous O 0 0 0 .00 .00 .00 .0% 76850110 381100 Interest on Inv 0 0 0 1,396.58 .00 -1,396.58 100.0%* 76850110 382100 Land Rental -47,000 0 -47,000 -10,234.46 .00 -36,765.54 21.8%* 2025/02/080002 08/01/2024 GBI -10,188.86 REF LAND RENT 76850110 382200 Building/Room R -320,000 0 -320,000 -51,244.26 .00 -268,755.74 16.0%* 2025/02/080292 08/19/2024 GBI -25,622.13 REF 76850110 382300 Equipment Renta -1,500 0 -1,500 -157.50 .00 -1,342.50 10.5%* 2025/02/080963 08/30/2024 CRP -80.00 REF 4782834 OTHER 76850110 384100 Telephone Commi 0 0 0 .00 .00 .00 .0% 76850110 384200 Vending Machine 0 0 0 .00 .00 .00 .0% 76850110 384900 Other Commissio -72,000 0 -72,000 -19,401.15 .00 -52,598.85 26.9%* 2025/02/080963 08/30/2024 CRP -8,088.15 REF 4782835 OTHER 76850110 392100 Sale of Land 0 0 0 .00 .00 .00 .0% Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 13 of 62 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 09/06/2024 16:22 User: mtharp Program ID: glytdbud Page 2 FY2024 BUDGET - AUGUST DETAIL FOR 2025 02 JOURNAL DETAIL 2025 2 TO 2025 2 ACCOUNTS FOR: ORIGINAL TRANFRS/ REVISED AVAILABLE PCT 7600 Airport APPROP ADJSTMTS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL 76850110 392300 Sale of Equipme 0 0 0 .00 .00 .00 .0% 76850110 392400 Gain/Loss on Sa 0 0 0 .00 .00 .00 .0% 76850110 393120 General Levy 0 0 0 .00 .00 .00 .0% 76850110 393910 Misc Transfers 0 0 0 .00 .00 .00 .0% 76850110 411000 Perm Full Time 86,200 0 86,200 11,121.60 .00 75,078.40 12.9% 2025/02/080209 08/09/2024 PRJ 3,257.60 REF 080324 WARRANT=080324 RUN=1 BIWEEKLY 2025/02/080680 08/23/2024 PRJ 3,257.60 REF 081724 WARRANT=081724 RUN=1 BIWEEKLY 76850110 412000 Perm Part Time 0 0 0 .00 .00 .00 .0% 76850110 413000 Temporary Emplo 0 0 0 .00 .00 .00 .0% 76850110 414500 Longevity Pay 0 0 0 .00 .00 .00 .0% 76850110 421100 Health Insuranc 9,200 0 9,200 1,466.60 .00 7,733.40 15.9% 2025/02/080209 08/09/2024 PRJ 366.65 REF 080324 WARRANT=080324 RUN=1 BIWEEKLY 2025/02/080680 08/23/2024 PRJ 366.65 REF 081724 WARRANT=081724 RUN=1 BIWEEKLY 76850110 421200 Dental Insuranc 400 0 400 67.08 .00 332.92 16.8% 2025/02/080209 08/09/2024 PRJ 16.77 REF 080324 WARRANT=080324 RUN=1 BIWEEKLY 2025/02/080680 08/23/2024 PRJ 16.77 REF 081724 WARRANT=081724 RUN=1 BIWEEKLY 76850110 421300 Life Insurance 200 0 200 31.80 .00 168.20 15.9% 2025/02/080680 08/23/2024 PRJ 15.90 REF 081724 WARRANT=081724 RUN=1 BIWEEKLY 76850110 421350 Group Life - Im 0 0 0 .00 .00 .00 .0% 76850110 421400 Disability Insu 300 0 300 49.42 .00 250.58 16.5% 2025/02/080680 08/23/2024 PRJ 24.71 REF 081724 WARRANT=081724 RUN=1 BIWEEKLY 76850110 422100 FICA 6,600 0 6,600 837.37 .00 5,762.63 12.7% 2025/02/080209 08/09/2024 PRJ 245.14 REF 080324 WARRANT=080324 RUN=1 BIWEEKLY 2025/02/080680 08/23/2024 PRJ 245.40 REF 081724 WARRANT=081724 RUN=1 BIWEEKLY Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 14 of 62 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 09/06/2024 16:22 User: mtharp Program ID: glytdbud Page 3 FY2024 BUDGET - AUGUST DETAIL FOR 2025 02 JOURNAL DETAIL 2025 2 TO 2025 2 ACCOUNTS FOR: ORIGINAL TRANFRS/ REVISED AVAILABLE PCT 7600 Airport APPROP ADJSTMTS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL 76850110 423100 IPERS 8,100 0 8,100 1,049.89 .00 7,050.11 13.0% 2025/02/080209 08/09/2024 PRJ 307.52 REF 080324 WARRANT=080324 RUN=1 BIWEEKLY 2025/02/080680 08/23/2024 PRJ 307.52 REF 081724 WARRANT=081724 RUN=1 BIWEEKLY 76850110 424900 Other Post Empl 0 0 0 .00 .00 .00 .0% 76850110 431020 Court Costs & S 0 0 0 .00 .00 .00 .0% 76850110 432020 Annual Audit 900 0 900 .00 .00 900.00 .0% 76850110 432030 Financial Servi 0 0 0 .00 .00 .00 .0% 76850110 432050 Appraisal Servi 0 0 0 .00 .00 .00 .0% 76850110 432080 Other Professio 0 0 0 .00 .00 .00 .0% 76850110 435055 Mail & Delivery 0 0 0 .00 .00 .00 .0% 76850110 435056 Delivery Servic 0 0 0 .00 .00 .00 .0% 76850110 435057 Couriers 0 0 0 .00 .00 .00 .0% 76850110 435060 Legal Publicati 0 0 0 .00 .00 .00 .0% 76850110 436030 Transportation 750 0 750 .00 .00 750.00 .0% 76850110 436050 Registration 500 0 500 325.00 .00 175.00 65.0% 2025/02/081006 08/21/2024 API 325.00 VND 090102 VCH PAYPAL P-Card invoice for statement c 76850110 436060 Lodging 500 0 500 .00 .00 500.00 .0% 76850110 436070 Miscellaneous T 0 0 0 .00 .00 .00 .0% Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 15 of 62 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 09/06/2024 16:22 User: mtharp Program ID: glytdbud Page 4 FY2024 BUDGET - AUGUST DETAIL FOR 2025 02 JOURNAL DETAIL 2025 2 TO 2025 2 ACCOUNTS FOR: ORIGINAL TRANFRS/ REVISED AVAILABLE PCT 7600 Airport APPROP ADJSTMTS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL 76850110 436080 Meals 100 0 100 .00 .00 100.00 .0% 76850110 437010 Comp Liability 9,000 0 9,000 15,313.32 .00 -6,313.32 170.1%* 76850110 437020 Fire & Casualty 24,400 0 24,400 -78.00 .00 24,478.00 -.3% 76850110 437030 Worker's Comp I 2,100 0 2,100 .00 .00 2,100.00 .0% 76850110 437041 Bonding & Other 4,000 0 4,000 2,328.00 .00 1,672.00 58.2% 76850110 437200 Loss Reserve Pa 3,000 0 3,000 .00 .00 3,000.00 .0% 76850110 438010 Stormwater Util 19,800 0 19,800 3,157.44 .00 16,642.56 15.9% 2025/02/080677 08/21/2024 CRP 1,578.72 REF C -82124 2025 UB UB 76850110 438030 Electricity 10,000 0 10,000 1,360.14 .00 8,639.86 13.6% 2025/02/080343 08/16/2024 API 25.69 VND 010319 VCH MIDAMERICAN ENERGY 1801 S RIVERSIDE DR 50236 2025/02/080343 08/16/2024 API 288.33 VND 010319 VCH MIDAMERICAN ENERGY 1801 S RIVERSIDE DR, 50236 2025/02/080343 08/16/2024 API 11.25 VND 010319 VCH MIDAMERICAN ENERGY 1801 S RIVERSIDE DR, 50236 2025/02/080371 08/05/2024 API 497.25 VND 010319 VCH MIDAMERICAN ENERGY Airport Energy Charges 302340 2025/02/080371 08/05/2024 API 1,235.52 VND 010319 VCH MIDAMERICAN ENERGY Airport Energy Charges 302340 76850110 438050 Landfill Use 200 0 200 .00 .00 200.00 .0% 76850110 438070 Heating Fuel/Ga 5,000 0 5,000 55.84 .00 4,944.16 1.1% 2025/02/080343 08/16/2024 API 14.50 VND 010319 VCH MIDAMERICAN ENERGY 1801 S RIVERSIDE DR 50236 2025/02/080343 08/16/2024 API 14.50 VND 010319 VCH MIDAMERICAN ENERGY 1801 S RIVERSIDE DR 50236 2025/02/080343 08/16/2024 API 17.31 VND 010319 VCH MIDAMERICAN ENERGY 1801 S RIVERSIDE DR, 50236 76850110 438080 Sewer Utility C 1,800 0 1,800 303.58 .00 1,496.42 16.9% 2025/02/080677 08/21/2024 CRP 203.42 REF C -82124 2025 UB UB 76850110 438090 Water Utility C 4,300 0 4,300 345.84 .00 3,954.16 8.0% 2025/02/080677 08/21/2024 CRP 222.37 REF C -82124 2025 UB UB Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 16 of 62 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 09/06/2024 16:22 User: mtharp Program ID: glytdbud Page 5 FY2024 BUDGET - AUGUST DETAIL FOR 2025 02 JOURNAL DETAIL 2025 2 TO 2025 2 ACCOUNTS FOR: ORIGINAL TRANFRS/ REVISED AVAILABLE PCT 7600 Airport APPROP ADJSTMTS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL 76850110 438100 Refuse Collecti 2,800 0 2,800 256.50 .00 2,543.50 9.2% 2025/02/080142 08/01/2024 API 40.00 VND 011001 VCH ABC DISPOSAL SYSTEMS Refuse & Recycling Pickup & Di 50107 2025/02/080142 08/01/2024 API 176.50 VND 011001 VCH ABC DISPOSAL SYSTEMS Refuse & Recycling Pickup & Di 50107 76850110 438110 Local Phone Ser 200 0 200 .00 .00 200.00 .0% 76850110 438120 Long Distance S 0 0 0 .00 .00 .00 .0% 76850110 442010 Other Building 13,600 0 13,600 1,356.00 .00 12,244.00 10.0% 2025/02/080374 08/13/2024 API 678.00 VND 010856 VCH JET AIR INC IOW Maintenance and Janitorial ser 302311 76850110 442020 Structure R&M S 800 0 800 .00 .00 800.00 .0% 76850110 442030 Heating & Cooli 2,000 0 2,000 .00 .00 2,000.00 .0% 76850110 442040 Cooling Equipme 0 0 0 .00 .00 .00 .0% 76850110 442060 Electrical & Pl 5,000 0 5,000 184.63 .00 4,815.37 3.7% 2025/02/080374 08/13/2024 API 184.63 VND 010856 VCH JET AIR INC IOW Maintenance Reimbursement 302311 76850110 442070 Bldg Pest Contr 0 0 0 .00 .00 .00 .0% 76850110 443050 Radio Equipment 0 0 0 .00 .00 .00 .0% 76850110 443080 Other Equipment 10,000 0 10,000 4,396.40 .00 5,603.60 44.0% 2025/02/080374 08/13/2024 API 1,165.90 VND 010856 VCH JET AIR INC IOW Maintenance Reimbursement 302311 76850110 444060 Cable & Electri 0 0 0 .00 .00 .00 .0% 76850110 445030 Nursery Srvc-La 50,000 0 50,000 12,535.99 .00 37,464.01 25.1% 2025/02/080374 08/13/2024 API 6,215.00 VND 010856 VCH JET AIR INC IOW Maintenance and Janitorial ser 302311 2025/02/080374 08/13/2024 API 105.99 VND 010856 VCH JET AIR INC IOW Maintenance Reimbursement 302311 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 17 of 62 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 09/06/2024 16:22 User: mtharp Program ID: glytdbud Page 6 FY2024 BUDGET - AUGUST DETAIL FOR 2025 02 JOURNAL DETAIL 2025 2 TO 2025 2 ACCOUNTS FOR: ORIGINAL TRANFRS/ REVISED AVAILABLE PCT 7600 Airport APPROP ADJSTMTS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL 76850110 445080 Snow and Ice Re 26,700 0 26,700 .00 .00 26,700.00 .0% 76850110 445100 Towing 0 0 0 .00 .00 .00 .0% 76850110 445110 Testing Service 1,500 0 1,500 604.00 .00 896.00 40.3% 76850110 445140 Outside Printin 0 0 0 .00 .00 .00 .0% 76850110 445230 Other Operating 1,000 0 1,000 313.02 .00 686.98 31.3% 76850110 446010 Administrative 0 0 0 .00 .00 .00 .0% 76850110 446100 City Attorney C 8,100 0 8,100 675.00 .00 7,425.00 8.3% 76850110 446120 ITS-Server/Stor 300 0 300 37.08 .00 262.92 12.4% 76850110 446130 ITS-PC/Peripher 15,900 0 15,900 1,198.00 .00 14,702.00 7.5% 76850110 446140 ITS-Capital Rep 0 0 0 .00 .00 .00 .0% 76850110 446150 ITS-Application 0 0 0 .00 .00 .00 .0% 76850110 446160 ITS-Infrastuctu 9,000 0 9,000 .00 .00 9,000.00 .0% 76850110 446190 ITS-Software SA 200 0 200 19.55 .00 180.45 9.8% 76850110 446200 Photocopying Ch 600 0 600 50.00 .00 550.00 8.3% 76850110 446220 Phone Service C 0 0 0 .00 .00 .00 .0% 76850110 446300 Phone Equipment 1,500 0 1,500 119.75 .00 1,380.25 8.0% Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 18 of 62 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 09/06/2024 16:22 User: mtharp Program ID: glytdbud Page 7 FY2024 BUDGET - AUGUST DETAIL FOR 2025 02 JOURNAL DETAIL 2025 2 TO 2025 2 ACCOUNTS FOR: ORIGINAL TRANFRS/ REVISED AVAILABLE PCT 7600 Airport APPROP ADJSTMTS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL 76850110 446320 Mail Chargeback 200 0 200 .00 .00 200.00 .0% 76850110 446350 City Vehicle Re 37,700 0 37,700 6,466.30 .00 31,233.70 17.2% 2025/02/081003 08/31/2024 GNI 3,233.15 REF TL AUG REPLACEMENT COST 76850110 446360 City Vehicle Re 0 0 0 .00 .00 .00 .0% 76850110 446370 Fuel Chargeback 4,700 0 4,700 620.07 .00 4,079.93 13.2% 2025/02/081003 08/31/2024 GNI 328.22 REF TL AUG DIVISION FUEL 76850110 446380 Vehicle R&M Cha 15,800 0 15,800 2,953.87 .00 12,846.13 18.7% 2025/02/081003 08/31/2024 GNI 2,488.73 REF TL AUG DIVISION SERVICE 76850110 448040 City Sponsored 0 0 0 .00 .00 .00 .0% 76850110 449055 Permitting Fees 400 0 400 .00 .00 400.00 .0% 76850110 449060 Dues & Membersh 1,000 0 1,000 450.00 .00 550.00 45.0% 76850110 449120 Equipment Renta 0 0 0 200.00 .00 -200.00 100.0%* 2025/02/080374 08/13/2024 API 200.00 VND 016775 VCH LRS PORTABLES LLC Porto's for Drive in Movie Nig 302326 76850110 449280 Misc Services & 0 0 0 .00 .00 .00 .0% 76850110 449350 Meals (non-trav 0 0 0 .00 .00 .00 .0% 76850110 449360 Interest Expens 0 0 0 .00 .00 .00 .0% 76850110 449370 Depreciation Ex 0 0 0 .00 .00 .00 .0% 76850110 452010 Office Supplies 100 0 100 12.03 .00 87.97 12.0% 2025/02/080374 08/13/2024 API 12.03 VND 010856 VCH JET AIR INC IOW Maintenance Reimbursement 302311 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 19 of 62 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 09/06/2024 16:22 User: mtharp Program ID: glytdbud Page 8 FY2024 BUDGET - AUGUST DETAIL FOR 2025 02 JOURNAL DETAIL 2025 2 TO 2025 2 ACCOUNTS FOR: ORIGINAL TRANFRS/ REVISED AVAILABLE PCT 7600 Airport APPROP ADJSTMTS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL 76850110 452030 Minor Office Eq 0 0 0 .00 .00 .00 .0% 76850110 452040 Sanitation & In 0 0 0 .00 .00 .00 .0% 76850110 454020 Subscriptions 1,000 0 1,000 .00 .00 1,000.00 .0% 76850110 455110 Software 400 0 400 21.99 .00 378.01 5.5% 2025/02/081006 08/21/2024 API 21.99 VND 092581 VCH ZOOM.US P-Card invoice for statement c 76850110 455120 Misc Computer H 0 0 0 .00 .00 .00 .0% 76850110 461040 Other Agricultu 0 0 0 .00 .00 .00 .0% 76850110 461050 Other Agricultu 0 0 0 .00 .00 .00 .0% 76850110 466040 Plumbing Suppli 0 0 0 .00 .00 .00 .0% 76850110 466050 Electrical Supp 0 0 0 .00 .00 .00 .0% 76850110 466070 Other Maintenan 700 0 700 82.65 .00 617.35 11.8% 2025/02/080374 08/13/2024 API 82.65 VND 010856 VCH JET AIR INC IOW Maintenance Reimbursement 302311 76850110 467020 Equipment R&M S 1,000 0 1,000 .00 .00 1,000.00 .0% 76850110 467160 Other Vehicle R 100 0 100 .00 .00 100.00 .0% 76850110 468030 Asphalt 100 0 100 .00 .00 100.00 .0% 76850110 468050 Sand 100 0 100 .00 .00 100.00 .0% Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 20 of 62 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 09/06/2024 16:22 User: mtharp Program ID: glytdbud Page 9 FY2024 BUDGET - AUGUST DETAIL FOR 2025 02 JOURNAL DETAIL 2025 2 TO 2025 2 ACCOUNTS FOR: ORIGINAL TRANFRS/ REVISED AVAILABLE PCT 7600 Airport APPROP ADJSTMTS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL 76850110 469040 Traffic Cntrl I 400 0 400 .00 .00 400.00 .0% 76850110 469190 Minor Equipment 500 0 500 .00 .00 500.00 .0% 76850110 469200 Tools 500 0 500 .00 .00 500.00 .0% 76850110 469210 First Aid/Safet 300 0 300 .00 .00 300.00 .0% 76850110 469260 Fire Ext & Refi 0 0 0 .00 .00 .00 .0% 76850110 469290 Purchases For R 0 0 0 .00 .00 .00 .0% 76850110 469320 Miscellaneous S 0 0 0 .00 .00 .00 .0% 76850110 469360 Food and Bevera 0 0 0 .00 .00 .00 .0% 76850110 469999 PCard Reconcili 0 0 0 .00 .00 .00 .0% 76850110 473010 Contracted Impr 0 0 0 .00 .00 .00 .0% 76850110 473020 Non-Contracted 0 0 0 .00 .00 .00 .0% 76850110 474240 Tractors 25,000 0 25,000 .00 .00 25,000.00 .0% 76850110 475010 Furniture & Off 0 0 0 .00 .00 .00 .0% 76850110 476070 PC Hardware 0 0 0 .00 .00 .00 .0% 76850110 490040 Capital Project 0 0 0 .00 .00 .00 .0% 76850110 490150 Operating Subsi 0 0 0 .00 .00 .00 .0% Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 21 of 62 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 09/06/2024 16:22 User: mtharp Program ID: glytdbud Page 10 FY2024 BUDGET - AUGUST DETAIL FOR 2025 02 JOURNAL DETAIL 2025 2 TO 2025 2 ACCOUNTS FOR: ORIGINAL TRANFRS/ REVISED AVAILABLE PCT 7600 Airport APPROP ADJSTMTS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL 76850110 490190 Interfund Loan 0 0 0 .00 .00 .00 .0% 120 Airport Mural 76850110 362100 120 Contrib & Do 0 0 0 .00 .00 .00 .0% 76850110 473010 120 Contracted I 0 0 0 .00 .00 .00 .0% 651 Fly Iowa 2014 76850110 432080 651 Other Profes 0 0 0 .00 .00 .00 .0% 76850110 436030 651 Transportati 0 0 0 .00 .00 .00 .0% 76850110 436060 651 Lodging 0 0 0 .00 .00 .00 .0% 76850110 437010 651 Comp Liabili 0 0 0 .00 .00 .00 .0% 76850110 438100 651 Refuse Colle 0 0 0 .00 .00 .00 .0% 2025/02/080142 08/01/2024 API 40.00 VND 011001 VCH ABC DISPOSAL SYSTEMS Refuse & Recycling Pickup & Di 50107 2025/02/080142 08/01/2024 API 176.50 VND 011001 VCH ABC DISPOSAL SYSTEMS Refuse & Recycling Pickup & Di 50107 76850110 445140 651 Outside Prin 0 0 0 .00 .00 .00 .0% 76850110 449100 651 Vehicle Rent 0 0 0 .00 .00 .00 .0% 76850110 449120 651 Equipment Re 0 0 0 .00 .00 .00 .0% 2025/02/080374 08/13/2024 API 200.00 VND 016775 VCH LRS PORTABLES LLC Porto's for Drive in Movie Nig 302326 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 22 of 62 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 09/06/2024 16:22 User: mtharp Program ID: glytdbud Page 11 FY2024 BUDGET - AUGUST DETAIL FOR 2025 02 JOURNAL DETAIL 2025 2 TO 2025 2 ACCOUNTS FOR: ORIGINAL TRANFRS/ REVISED AVAILABLE PCT 7600 Airport APPROP ADJSTMTS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL 76850110 465010 651 Other Fluids 0 0 0 .00 .00 .00 .0% 76850110 469320 651 Miscellaneou 0 0 0 .00 .00 .00 .0% 652 100 Year Anniversary Celebration 76850110 363910 652 Misc Sale of 0 0 0 .00 .00 .00 .0% 76850110 432080 652 Other Profes 0 0 0 .00 .00 .00 .0% 76850110 437010 652 Comp Liabili 0 0 0 .00 .00 .00 .0% 76850110 438100 652 Refuse Colle 0 0 0 .00 .00 .00 .0% 2025/02/080142 08/01/2024 API 40.00 VND 011001 VCH ABC DISPOSAL SYSTEMS Refuse & Recycling Pickup & Di 50107 2025/02/080142 08/01/2024 API 176.50 VND 011001 VCH ABC DISPOSAL SYSTEMS Refuse & Recycling Pickup & Di 50107 76850110 445140 652 Outside Prin 0 0 0 .00 .00 .00 .0% 76850110 449120 652 Equipment Re 0 0 0 .00 .00 .00 .0% 2025/02/080374 08/13/2024 API 200.00 VND 016775 VCH LRS PORTABLES LLC Porto's for Drive in Movie Nig 302326 76850110 466070 652 Other Mainte 0 0 0 .00 .00 .00 .0% 2025/02/080374 08/13/2024 API 82.65 VND 010856 VCH JET AIR INC IOW Maintenance Reimbursement 302311 76850110 469290 652 Purchases Fo 0 0 0 .00 .00 .00 .0% 76850110 469360 652 Food and Bev 0 0 0 .00 .00 .00 .0% 907 Wind Storm 8/10/20 76850110 466070 907 Other Mainte 0 0 0 .00 .00 .00 .0% 2025/02/080374 08/13/2024 API 82.65 VND 010856 VCH JET AIR INC IOW Maintenance Reimbursement 302311 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 23 of 62 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 09/06/2024 16:22 User: mtharp Program ID: glytdbud Page 12 FY2024 BUDGET - AUGUST DETAIL FOR 2025 02 JOURNAL DETAIL 2025 2 TO 2025 2 ACCOUNTS FOR: ORIGINAL TRANFRS/ REVISED AVAILABLE PCT 7600 Airport APPROP ADJSTMTS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL TOTAL Airport Operations -3,950 0 -3,950 -9,353.04 .00 5,403.04 236.8% TOTAL Airport -3,950 0 -3,950 -9,353.04 .00 5,403.04 236.8% TOTAL REVENUES -440,500 0 -440,500 -79,640.79 .00 -360,859.21 TOTAL EXPENSES 436,550 0 436,550 70,287.75 .00 366,262.25 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 24 of 62 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 09/06/2024 16:22 User: mtharp Program ID: glytdbud Page 13 FY2024 BUDGET - AUGUST DETAIL FOR 2025 02 JOURNAL DETAIL 2025 2 TO 2025 2 ORIGINAL TRANFRS/ REVISED AVAILABLE PCT APPROP ADJSTMTS BUDGET YTD ACTUAL ENCUMBRANCES BUDGET USE/COL GRAND TOTAL -3,950 0 -3,950 -9,353.04 .00 5,403.04 236.8% ** END OF REPORT - Generated by Michael Tharp ** Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 25 of 62 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 09/06/2024 16:22 User: mtharp Program ID: glytdbud Page 14 FY2024 BUDGET - AUGUST DETAIL REPORT OPTIONS Field # Total Page Break Sequence 1 1 Y Y Sequence 2 9 Y N Sequence 3 12 N N Sequence 4 0 N N Report title: YEAR-TO-DATE BUDGET REPORT Includes accounts exceeding 0% of budget. Print totals only: N Year/Period: 2025/ 2 Print Full or Short description: F Print MTD Version: N Print full GL account: N Format type: 1 Roll projects to object: Y Double space: N Carry forward code: 1 Suppress zero bal accts: N Include requisition amount: N Print Revenues-Version headings: N Print revenue as credit: Y Print revenue budgets as zero: N Include Fund Balance: N Print journal detail: Y From Yr/Per: 2025/ 2 To Yr/Per: 2025/ 2 Include budget entries: Y Incl encumb/liq entries: Y Sort by JE # or PO #: J Detail format option: 1 Include additional JE comments: N Multiyear view: D Amounts/totals exceed 999 million dollars: N Find Criteria Field Name Field Value Org 76850110 Object Project Rollup code Account type Account status Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 26 of 62 Produced Using Plan-It CIP Software 2025 through 2029 Capital Improvement Plan Iowa City, IA Projects By Year Project Name Department Project #Project Cost 2025 Terminal Building Remodel/Reconstruction Airport *A3478 700,000 HVAC UPDATE Airport *ANEW3 325,000 Total for 2025 1,025,000 2026 Runway 7/25 Pavement Repairs Airport *A3474 300,000 Runway 12/30 Pavement Repairs Airport *A3475 167,000 Terminal Building Remodel/Reconstruction Airport *A3478 7,500,000 Airport Solar Airport *A3481 465,545 Total for 2026 8,432,545 2027 Airport Apron Expansion Airport *A3473 800,000 Total for 2027 800,000 2028 Airport Apron Expansion Airport *A3473 650,000 Taxiway Maintenance - Seal/Crack Repairs Airport *ANEW1 300,000 Total for 2028 950,000 2029 Fuel Storage Tank Fill Cabinet Replacement Airport *ANEW4 470,000 Total for 2029 470,000 GRAND TOTAL 11,677,545 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 27 of 62 Proposed Airport Capital Plan 9/5/2024 Estimated Available Entitlement Summary 20221 2023 2024 20252 Total AIP $0 $0 $150,000 $150,000 $300,000 BIL3 $0 $0 $13,122 $294,000 $307,122 1 FFY 2022 AIP Entitlement will expire in FFY 2025 2 FFY 2025 AIP Nonprimary Entitlement unknown pending legislation - $150,000 is assumed for planning 3 BIL Allotment is recalculated each fiscal year (previous FY's amount assumed for planning) City Site LOC Project Description Runway Planned FFY Federal Share for Project Phase (Typically 90% of Eligible Cost) Estimated Total Project Cost NPR Project Phase Project Remarks Details Iowa City Iowa City Municipal IOW No projects planned at this time Future Projects Reseal/Resurface Runway Pavement 7/25 O $ 261,000 $ 290,000 81 Joint repair joint replace crack fill on west half of Runway 07-25.. Reseal/Resurface Runway Pavement 12/30 O $ 162,000 $ 180,000 81 Joint repair joint replace crack fill on Runway 12-30 Acquire Snow Removal Equipment O $ 337,950 $ 375,500 77 Snow removal equipment. Typically limited to one carrier vehicle + blade/broom per FAA Order 5100.38D Table M- 1 d.(2). Must meet Buy American requirements Reseal Taxiway Pavement O $ 270,000 $ 300,000 76 Crack repair joint fill of parallel and connector taxiways Extend/Expand Runway 7/25 O $ 2,565,000 $ 2,850,000 75 Extend the 07 end of Runway 07-25 (213x100) and add stopway. Includes phase 1 and 2 Install Runway Visual Guidance System 12/30 O $ 112,500 $ 125,000 75 Install PAPIs (no existing VGSI on this crosswind runway) Install Perimeter Fencing O $ 99,000 $ 110,000 73 Current AIP generally limits participation for perimeter fencing to available NPE funds for NEW 5 strand barbed wire or 5' woven-wire fences with manual gates per FAA Order 5100.38D Table L-2 r Construct Taxiway O $ 1,944,000 $ 2,160,000 71 Parallel taxiway for 12/30 (4000x25 ADG-II TDG-2). Includes grading paving and MITL. Constructed in phases. Cost includes both phases. Reconstruct Taxilane O $ 478,800 $ 532,000 67 Reconstruct t-hangar taxilanes (1500x25 PCI ~40s ADG- I TDG-1A) Construct Apron O $ 1,870,110 $ 2,077,900 64 New south GA area - site development (15000 sq yds) Expand Apron O $ 1,152,000 $ 1,280,000 63 Expand transient parking around terminal (10 000 sq yds) to add tie downs and support fueling. *** DOES NOT INCLUDE REMOVAL OF FUEL SYSTEM *** Also includes taxilane for hangars This cost includes Phase 1 & 2. Construct Taxilane O $ 87,255 $ 96,950 61 Taxilanes for new t-hangars [STATE/LOCAL FUNDS]. Construct Taxilane O $ 360,000 $ 400,000 61 Taxilane construction for new hangars. [STATE/LOCAL FUNDS]. Construct Service Road O $ 247,500 $ 275,000 51 Perimeter road. Construct/Expand Snow Removal Equipment Building O $ 882,000 $ 980,000 51 Building to house eligible SRE. Storage building for AIP eligible snow removal equipment. SRE buildings are limited to 1600 sq ft per FAA Order 5100.38D Table O-3 Construct Terminal O $ 6,210,000 $ 6,900,000 49 [BIL ATP Request - WILL DO ONLY IF SELECTED] NEPA needs to be done. Construct Airport Drainage/Erosion Control O $ 1,912,590 $ 2,125,100 43 Improve drainage at future south hangar development site. Construct Service Road O $ 238,950 $ 265,500 40 South GA Area access road and parking lot. Per FAA Order 5100.38D Table P-3 a.(6). & Table C-2 (2). any section of the roadway which does not serve airport traffic exclusively is ineligible Construct/Expand Terminal Parking Lot O $ 88,200 $ 98,000 38 Expand existing automobile parking lot [STATE/LOCAL FUNDS]. Construct/Expand Terminal Parking Lot O $ 556,200 $ 618,000 38 New auto parking lot for terminal/hangar area Construct/Expand Hangar O $ 630,000 $ 700,000 26 6 unit t-hanger. Per FAA Order 5100.38D Table O-3 f. hangar projects may be eligible at nonprimary airports using entitlements. The sponsor must make adequate provisions for financing higher priority airfield projects that are currently required before this revenue-producing work Construct/Expand Hangar O $ 999,000 $ 1,110,000 26 10 unit t-hangar. Per FAA Order 5100.38D Table O-3 f. hangar projects may be eligible at nonprimary airports using entitlements. The sponsor must make adequate provisions for financing higher priority airfield projects that are currently required before this revenue-producing workOther projects may be on file but may not be anticipated to have funding available in the short term planning period Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 28 of 62 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 29 of 62 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 30 of 62 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 31 of 62 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 32 of 62 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 33 of 62 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 34 of 62 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 35 of 62 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 36 of 62 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 37 of 62 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 38 of 62 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 39 of 62 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 40 of 62 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 41 of 62 Farm Name: Airport .... Far111ers FNCFarm#73948 '~ ~!':!Y.:.:~-~-------··_B_ru_ce-Ahr--en-s,_A_c_cr-ed-it-ed_F_arm __ M_an_a_ge_r Professional Management Services Agreement General This Professional Management Services Agreement (''The Agreement") is entered into between Fanners National Company, ("Fanners National"), and the Iowa City Airport Commission, ("Clients.") Farmers National is a Nebraska Corporation whose corporate offices are located at 11516 Nicholas Street, Suite 100, Omaha, Nebraska, 68154. The Clients are more fully identified on the Client Information sheet, attached. The property subject to this Agreement ("The Property") is described under the Legal Description, attached. The parties acknowledge and agree that the terms of this agreement may only be changed by the mutual agreement of the parties, in writing. The parties also agree that whenever any of the information contained in this Agreement, or any of its attachments, changes, they will promptly notify the other party in writing. The notification of changes made to Farmers National shall be made to the <;:ustomer Service Department at the address set forth above. The Agreement or the appropriate attachment(s) hereto, shall be modified to reflect any such changes. This agreement replaces contract that was signed in 1982 between Doane Western and the Iowa City Airport Commission. Exhibit "A" Anti-discrimination provision is attached and incorporated herein. Professional Management Services Farmers National is duly licensed and qualified to provide Professional Property Management Services for the Clients. The Clients desire Fanners National to provide such services under the terms and conditions set forth . herein. Such services shall include, but shall not necessarily be limited to those set out in the Professional Management Services section, attached. The parties acknowledge that this Agreement does not attempt to include all of the details relative to the Professional Management Services provided to the Clients, but it is intended to provide a general understanding of the duties and responsibilities of the parties. Term of Agreement This Agreement shall take effect on the date set forth below, and shall remain in full force and effect thereafter until terminated in writing by either party, by giving the other party advance written notice of termination between August 1st and September 30th of any calendar year. Such notice shall cause the Agreement to be terminated effective March 1st of the following calendar year, unless otherwise mutually agreed between the parties. If this Agreement is terminated by the Clients, they agree that, for a period of one year following the effective date of termination, they will not directly or indirectly enter into a management agreement or similar relationship with any employee or former employee of Farmers National. This limitation shall apply only to employees or former employees of Fanners National who have personally participated in providing management services to the Clients during the term of this Agreement. -1- Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 42 of 62 Agency Relationship It is mutually understood and agreed that the relationship between the Clients and Farmers National shall be that of Principal and Agent. The Clients acknowledge having been provided with the Agency Relationship Disclosure that accompanies this Agreement. The relationship of Principal and Agent shall be limited to the particular Management Services contracted for hereunder. As so limited, the duties, responsibilities, and authorities of the parties hereto shall be governed by the Laws of Principal and Agent in effect in the state where the Property is located. Management Fees Management Fees will be based upon the type of management service selected by the Clients. There is a flat fee arrangement for Tailored Management Professional Agricultural Services and a percentage fee arrangement for Complete Professional Agricultural Management Services. The Clients shall designate the preferred arrangement on the Management Fee schedule attached hereto, and incorporated herein. Percentage Fees The Clients agree to terms and conditions set forth in Attachment I if complete Professional Agricultural Management Services is selected. Clients agree to pay Farmers National a base fee. Base fees are structured upon the anticipated ongoing volume of management activities to be performed. The base fee to be paid by the Clients is set out under the Complete Professional Agricultural Management Services attached. The Clients agree to pay Farmers National percentage fees based on the gross farm income and are charged in addition to the base fees. Percentage fees are charged and collected as income is received. All income is to be paid directly to Farmers National so that it can be properly accounted for. Percentage fees are based upon the lease type or operating arrangement utilized on the Property during the farm year, and is set out under the Complete Managemerlt Services attached. If this Agreement is terminated, the Clients agree to make a final percentage fee payment to Farmers National, based upon the estimated inventories of crops and/or livestock as of the effective date of termination. The fmal percentage fee shall be due and payable on or before the effective date of termination. In the event the Property is sold and the transaction is closed during the term of this Agreement, management fees shall be prorated to the date of closing. Flat Fee The Clients agree to the terms and conditions set forth in Attachment 2 if a Tailored Professional Agricultural Management Service is selected: The Clients agree to pay Farmers National an agreed upon flat fee to perform the specific agricultural services set forth on the Tailored Agricultural Management Services sheet attached hereto and incorporated herein. The Clients acknowledge that this fee is based upon an estimate of the time to be required in providing the services selected by the Client, and the hourly rates determined by Farmers National. A .flat fee shall be determined for each farm year (March 1 to February 28) that this Agreement is in effect. While the fee may remain the same for subsequent farm years, the Clients understand and acknowledge that Fanners National may determine that a fee adjustment may be necessary for future farm years. If Farmers National determines that an adjustment is necessary, they shall notifY the Clients in writing, between August 151 and September 30th. If the parties are unable to agree upon the fees to be charged during the upcoming farm year, this agreement shall be terminated effective March 151 of the following year. Flat fees shall be billed to the Clients, at times mutually agreed upon between parties, and set forth on the Tailored Management Services schedule. The Clients may add additional Tailored Management Services during the term of this Agreement. If they do so, the parties will agree upon an additional flat fee to cover the additional services to be provided by Farmers National. -2- Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 43 of 62 Accounting Farmers National will perform all of the accounting associated with the management of the Property, in conformity with its usual and customary accounting practices, and in accordance with any specific guidance provided by the Clients on the Special Accounting Instructions sheet, attached. Specialized or customized accounting activities may be subject to an extra charge. It is mutually understood and agreed that whenever Farmers National Company pays for items or services that are needed for the management or operation of the Property, the Clients will promptly reimburse Farmers National. With respect to major improvements, however, Farmers National shall confer with and obtain the prior approval of the Clients before commencement of the project. The Clients may provide for their funds to be held in an interest bearing trust account. If so desired, the Clients shall execute the Interest Bearing Account Authorization Addendum form, attached. I If the Clients have directed Farmers National Company to utilize an interest bearing account in the management of the Property, Farmers National may secure reimbursement for the costs of such items or services from funds available in said account. If no such account is utilized, or if the funds in the account are insufficient to cover the payments made, Farmers National will advise the Clients of the amount due on the accounting statement sent to the Clients at the end of the month. The Clients will reimburse Farmers National for the full amount due upon receipt of the statement. In the event that reimbursement is not received when due, the Clients agree to pay a service charge to Farmers National. · Insurance Farmers National Company realizes the importance of protecting the assets of our client's farm property and one such protection is the procurement of a liability policy in th'e client's name. Therefore, the Client is required to obtain (if not already in effect) a liability policy with a minimum $500,000 limit within thirty days of the execution of this Agreement. Declaration of Authority & Power of Attorney The Clients, by executing this Agreement, grant the auth prized employees of Farmers National access to any relevant governmental records pertaining to the Property and germane to its professional management. I In addition, the authorized employees of Farmers National are authorized to act in the name, place, and stead of the Clients with respect to the professional managemen~ of the Property. The authorized. employees of Farmers National are vested with full power and authority to do and perform all actions necessary or appropriate to the professional management of the Property. This shall include/ the execution, delivery and/or recording of any leases, documents, forms, or other papers, as fully to aU intents anti purposes as the Clients might or could do, with . full power of substitution and revocation. The Clients ratify and confinn all that the duly authorized employees of Farmers National lawfully do or cause to be done on behalf of the clients. The Clients agree to give Farmers National any additional Powers of Attorney needed to professionally manage the Property in the manner described herein . This may include, but is not limited to, Powers of Attorney required by government agencies for participation in government programs. Successors in Trust This Agreement shall be binding upon the heirs, successors, assigns, or personal representatives of the parties hereto. -3- Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 44 of 62 •' Effective Dates This Professional Management Services Agreement is entered into and between the parties on January 26. 2006 Professional Management services shall commence on: 1st dayof March 20 06 Legal Description of the Property State: Iowa County: Johnson Approximate Acres: -~2~1~9.:...:.4'--- Legal Description: Cropland acres at the Iowa City Municipal Airport located in Sections 15, 16, 21, & 22. All Township 79 North-Range 6 West of the 5th P.M. Attachments: This Professional Management Agreement provides the following senrices and fee arrangements for the above property: [ v ] Complete Professional Agricultural Management Services and Fees (Attachment 1) [ ] Professional Hunting/Fishing Management and Fees (Attachment 3) [ ] Professional Mineral Management and Fees (Attachment 4) Addend oms: [ v ] Interest Bearing Account Authorization (Addendum 1) [ ] Special Accounting Instructions (Addendum 2) [ v ] Principal Correspondent Designation (Addendum 3) [ ] Other:------------ Clients Signature: ~ ' [,{ City of Iowa City {) 1J.--s-Signature: _______ _ Acceptance By Farmers National Company Signature:~~ -4- Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 45 of 62 CLIENT INFORMATION Type of Ownership: [ ] Single [ ] Multiple [ ] Corporate [ ] Partnership [ ] Trust [ .../ ] Other: Municipality (For all Partnership, Corporate, & Trust Ownership: Please list each individual owner name & percent ownership for insurance purposes) AB #400696 City oflowa City 42-6004805 ' 100% Name Tax ID Number % of Ownership Iowa City Iowa Iowa City Airport Commission Municipal Airport 52240 ' State Address ( ) Home Phone Number Email address Name Address Spouse's Name Email address Name Address City ( 319 ) 356-5045 Office Phone Number Social Security or Tax ID Number (This number wiU be used for IRS reporting) City Spouse's Social Security or Tax ID Number Work Phone Number Social Security or Tax ID Number (This number will be used for IRS reporting) City Spouse's Name Spouse's Social Security or Tax ID Number Home Phone Number Work Phone Number Email address -5- Zip Code ( ) Fax Number AB# _____ _ % of Ownership State Zip Code Spouse Date of Birth Fax Number Date ofBirth AB# ____________ _ % of Ownership State Zip Code Spouse Date of Birth Fax Number Date of Birth Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 46 of 62 Agency Relationship Disclosure It is mutually acknowledged between Farmers National and the Clients that Farmers National will act exclusively as the agent of the Clients hereunder, and not as a Tenant's agent or dual agent. As such, Farmers National's duties and obligations shall be as follows: 1. To perform the terms of the Professional Agricultural Services Agreement made with the Clients; 2 . To exercise reasonable skill and care for the Clients; 3. To promote the interests of the Clients with the utmost good faith, loyalty, and fidelity, including: a. Seeking rental terms which are acceptable to the Clients, except that FNC shall not be obligated to seek additional offers to lease the property while the property is subject to a lease or letter of intent to lease; b . Presenting all written offers to and from the Clients in a timely manner regardless of whether the property is subject to a lease or a letter of intent to lease; c. Disclosing in writing to the Clients all adverse material facts actually known by FNC; and d. Advising the Clients to obtain expert advice as to material matters about which the FNC knows, but the specifics of which are beyond the expertise ofFNC; 4. To account in a timely manner for all money and property received; 5. To comply with all requirements of any applicable Real Estate License Act, and any rules and regulations promulgated pursuant to such act ; and 6. To comply with any applicable federal, state, and local laws, rules, regulations, and ordinances, including fair housing and civil rights statutes and regulations. Farmers National acting as the Clients' agent shall not disclose any confidential information about the Clients unless disclosure is required by statute, rule, or regulation or failure to disclose the information would constitute fraudulent misrepresentation. No cause of action for any person shall arise against Farmers National acting as' Client's agent for making any required or permitted disclosure. Farmers National acting as Clients' agent owes no duty or obligation to a tenant, except that Farmers National shall disclose in writing to any tenant all adverse material facts actually known by Farmers National. The adverse material facts may include adverse material facts pertaining to: 1. Any environmental hazards affecting the property which are required by law to be disclosed; 2. The physical condition of the property; 3. Any material defects in the property; 4. Any material defects in the titleto the property; or 5. Any material limitation on the Clients' ability to perform under the terms of the lease. Farmers National owes no duty to conduct an independent inspection of the property for the benefit of the tenant and owes no duty to independently verify the accuracy or completeness of any statement made by the Clients or any independent inspector. Farmers National may show alternative properties not owned by the Clients to prospective tenants and may identify competing propertie~ for lease without breaching any duty or obligation to the Clients. Farmers National may not designate or retain the services of any other brokers as subagents, without the express written consent of the Clients. Any such subagents so retained shall be compensated, if at all, by Farmers National, and not by the Clients. Any designated broker who is acting as a subagent on the Clients' behalf shall be a limited agent with the obligations and responsibilities set forth above. The Clients acknowledge having been provided with any Agency Disclosure information prepared by the State Real Estate Commission having jurisdiction in the state where the property is located, if providing such information to Clients is required. Additional information specific to state regulation may be attached. 0 Nebraska Real Estate Disclosure 0 South Dakota Real Estate Disclosure -6- 0 Missouri Real Estate Disclosure 0 Ohio Real Estate Disclosure 0 Other: ---------------------- Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 47 of 62 • • • • • • • • • 0 ~ -Attachment 1- Complete Professional Agricultural Management Services The Professional Agricultural Management Services that Farmers National will perform are as follows: Complete detailed analysis of farming operation and provide recommendations . Analyze applicable Government Farm Program considerations and provide recommendations . Develop an annual operating plan and budget including capital improvements, if applicable . Make recommendations regard:iJlg farm or ranch operators as needed . Analyze alternative lease types or operating arrangements . Negotiate and prepare an annual written lease or operating agreement. Prepare and implement necessary crop and/or livestock marketing p~ans . Conduct regular inspection visits to the farm and/or meetings with t~e operator followed by written reports . Provide financial reporting services including periodic and annual reports to the Clients . Payment of Real Estate T,axes Farmers National to pay Real Estate Taxes from Client Account before they become due at no additional charge Client to pay. Crop Marketing Directions Unless otherwise directed by the Clients on a case-by-case basis, the Clients direct Farmers National to handle the marketing of crops as follows: 0 Market according to Farmers National's recommendations D Sell crops at harvest. 0 Consult with the Clients prior to sale ltJ Do not handle marketing The parties have mutually agreed to the following additional a"angements relative to the services to be provided: Agricultural Services Management Fees The Clients and Fanners National have agreed to the following Agricultural Services Management Fees: 1. Base Management Fee: $600 per year 2. Percentage Management Fees: a. Cash Rent Lease --8% e. Custom Operating Agreement --8% b. Bushel Rent Lease --9% f. Rental House --20% c. Blended Share Lease--9% g. Sale of Previous Crop Inventory --5% d. Crop Share Lease --10% 3. A minimum yearly fee of$1,000.00 shall be charged as part of the foregoing fees for each farm listed. Base fees will be collected annually in February of each fnrm year this Agreement is in effect. In cases where a Property is operated with multiple lease types and/or operating arrangements, Percentage Management Fees shall be calculated based upon the dominant lease type in use on the farm during the farm year. The dominant lease type shall be determined based upon where the majority of the fann income is derived. All percentage fees will be taken as income is received. Clients City of Iowa City Signature: ........ W_~l_( _ _.U""-+thf--l>-5)~,"'""( ___ ,Signature: ____________ _ Acceptance By Farmers National Company Signature~C¥Z~ Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 48 of 62 --~ -Addendum 1- Interest Bearing Account Authorization This will be a pending account until money is received to open the account. The Clients, by executing this authorization in the space provided below, direct Farmers National to deposit funds drawn from income and moneys collected on their account into an interest bearing account. To the extent required or allowed by law, the characteristics of the account shall be as follows: 1. None of the interest earned on the funds in the account shall belong to, or otherwise inure to the benefit of Farmers National. 2. The funds in the account shall not be commingled with any funds of Farmers National. · 3. The account shall be a demand type account. 4. The account shall be federally insured. 5. The account shall be open to audit or examination ·at all reasonable times. 6. Where required by applicable local law, Farmers National shall notify any appropriate regulatory agencies of the existence of the account. 7. The account shall be designated and identified as a trust account. The clients understand and agree that administrative fees may be charged by the financial institution handling the account. The amount of any such fees shall be disclosed in advance to the client. The client hereby requests and authorizes Farmers National to pay all expenses incurred in the professional management of the Property out ofF armers National's non-interest bearing trust account. The parties acknowledge that the foregoing provisions shall replace any previously executed Interest Bearing Account Authorization. Clients /) _ · City oflowa City Signature: -+(~ ___ u _· _lJ__,l~---~-· ...,./ ___ Signature: __________ _ This addendum pertains to the Agricultural Services Agreement entered into between the parties on January 26, 2006 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 49 of 62 . . Addendum 3 Principal Correspondent Designation The Clients will identify certain matters that they desire to be specifically informed about, and will indicate to Farmers National circumstances wherein they desire to be consulted prior to the making of final management decisions. To accommodate these situations, the Clients wish to designate the following individual as the Principal Correspondent. The parties acknowledge that the Principal Correspondent will then advise and consult with the other Clients, and will communicate their decisions and recommendations to Farmers National. Principal Correspondent: _ _.::C::.:.ity,.._.o""'f"""'Io=w!.!...=.a _,.C=ity,_,__ ______ ~~AB=#4'-'-"-00=6=9'-"6'-- All Clients are to be sent routine periodic accounting statements, narrative reports, and other similar information, except those identified below Client:------------------------------- Client:-------------------------------- Client:------------------------------ In addition to the Clients, please send routine periodic accounting statements, narrative reports, and other similar information to the following Additional Correspondents (Limit 3): · Additional Correspondent:·---------------------------- Address.~: ___________________________________ __ Phone.,_: ------------Email Address: _________________ _ Additional Correspondent: ___________________________ _ Address~=-------------------------------------------------------------- Phone"-: _____________ Email Address;_ ___ . Additional Correspondent: ___________________________ _ Address=------------------------------------ Phone: ________ .,--___ .Email Address: _________________ _ This addendum pertains to the Agricultural Services Agreement entered into between the parties on January 26, 2006 ~~~ (Initials) (Initials) (Initials) (Initials) Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 50 of 62 December 11, 2013 CLIENT INFORMATION ADDENDLTM TO PROFESSIONAL MANAGEMENT SERVICES AGREEMENT Farm #73948 -Airport John Yeomans, Accredited Fann Manager This Agricultural Property Addertdum shall be attached to and b ecome a part of the Professional Management Services Agreement dated January 26, 2006~ between Fanner;:; National Company ("FNC"), and _The City of Iowa City, IoWa; Iowa City Airport Commission (''Client"). This addendum shall add-acres to management and correct the acres and legal description on the current management agreement Legal Description of the Property adding to Management State: Iowa County: Jonnson Approx1mate Acres: 12.09± Further described as: Outlot A, Westport Plaza-Part2, jn the Southwest corner o f the SWY.i Section 16 -Township 79 North - Range 6 West of the 5th P .M. Recorded in Plat Book 3 8, Page 357, Reco rds of Johnson County, State of rowa Legal Description of the Total Farm Property State: Iowa County: Johnson Approximate Acres: 139.09± FUrther described as: Farmland belonging to the Iowa City Airport Commission, City of Iowa City, Iowa, located in Sections 16, 20, 21, and 22. Township 79 North-Range 6 West of the 51b P.M. ADDITIONAL INFORJVIATION; Etrective Date: December 12, 2013 All other terms and services .outlin~ in the Professional Management Services Agreement dated January 26, 2006 L. remain valid. · AB#400696 -Citv oflowa Ci'!Y, Iow a City Airport Commission is 100% owner of th e prop ertv. The acco unt remains in the Farmers National Company Interest Bearing Account. Acceptance By Farmers Nati6nal Company Sjgnat~ .. __.. /sw Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 51 of 62 T-HANGAR LEASE (2023-2024) This T-HANGAR LEASE ("Lease") entered into by and between the Iowa City Airport Commission ("Commission") and _ _____ __("Tenant") in Iowa City, Iowa. In consideration of the mutual covenants contained herein, and for other good and valuable consideration, the parties hereby agree as follows: 1. Lease of the Hangar Space. The Commission hereby leases to Tenant hangar space in Hangar #__________ (the "Hangar Space") located at the Iowa City Municipal Airport (the "Airport") and described as follows: T-hangar with a bifold door. The Hangar Space shall be used and occupied by Tenant principally for the storage or construction of the following aircraft: Aircraft Make & Model ________________________ ______________________________________________________________________ Aircraft Registration Number_______________________________________________ Aircraft Registered Owner Name____________________________________________ Registered Owner Home and Business Telephone Numbers______________________ Email address of Tenant___________________________________________________ Additional Aircraft Partners _______________________________________________ Tenant shall promptly notify the Commission in writing of any change in the information furnished above. Tenant may request permission to store a substitute aircraft in the Hangar Space by making a written request to the Commission. In the event Tenant is permitted to store a substitute aircraft in the Hangar Space, all provisions of this Lease applicable to the Aircraft shall also be applicable to the substitute aircraft. Tenant shall immediately notify the Commission upon sale of the aircraft listed above. Tenant shall have 90 days from sale date to replace aircraft; after which the Commission may terminate the lease. 2. Term. The term of this Lease shall commence on October 1, 2023 and shall end on the last day of the month of September 2024. Provided Tenant is in compliance with all terms and conditions of this Lease, the Commission acknowledges that Tenant will likely be offered another one-year lease at the expiration of the term of this Lease, and Tenant acknowledges that rent will likely be increased under the subsequent one-year lease. If Tenant does not intend to execute another lease following the expiration of the term of this Lease, Tenant agrees to notify the Commission 45-days prior to the expiration of the existing term in order to facilitate the Commission in locating another tenant. In the event Tenant shall continue to occupy the Hangar Space beyond the term of this Lease without executing a Lease for another 12- month term, such holding over shall not constitute a renewal of this Lease but shall be a month-to-month tenancy only. 3. Rent. For use of the Hangar Space, Tenant shall pay the Commission the amount of $____________ per month, payable in advance on the first day of each month. A 1.5% late fee (which is $_______ per day) for rent not received by the Commission will be charged after the fifteenth (15th) day of each month. Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 52 of 62 2 Home Built Fee. Tenant acknowledges the following: If the Tenant uses the Hangar Space to construct an "amateur built/home built" aircraft, Tenant shall pay a "home built fee" of $10.00 every month for electricity until the FAA issues an Airworthiness Certificate. The fee is due regardless of the number of days that the Hangar Space is used for said purpose in that particular month. Tenant shall make payment to the Commission by the last day of the succeeding calendar month. "Amateur built/home built" aircraft is defined as aircraft built by individuals and licensed by the Federal Aviation Administration (FAA) as “Experimental” (The parties acknowledge that this definition is adopted from the EAA web site www.eaa.org .) 4. Security Deposit. At the time of execution of this Lease, Tenant shall pay to the Commission in trust the sum of one month's rent to be held as a rental deposit. At the termination of the Lease, the Commission shall return the deposit to the Tenant less any amounts due to repair damage, conduct cleanup or owed to the Commission. If the Tenant renews the lease each year, the deposit will be held over for the next year. 5. Use of the Hangar Space. a. The Hangar Space shall be used primarily for storage or construction of the Aircraft consistent with the Federal Aviation Regulations (FARs) and the Minimum Standards. This provision is not to be construed as a prohibition for storage of maintenance materials, cleaning materials, tools, parts, spares, and other aircraft components. b. Tenant may park his/her car in the Hangar Space during such time that Tenant is using the Aircraft. c. No commercial activity of any kind shall be conducted by Tenant in, from or around the Hangar Space, without prior written approval of the Airport Commission as specified in paragraph 25. d. Tenant may perform maintenance, including painting, on aircraft described in Paragraph 1 in accordance with FARs. Tenant shall not perform maintenance, including painting, in any other hangar or anywhere on the airport. Tenant shall take steps to ensure maintenance work will not damage the Hangar Space, Airport or adjacent Hangar Space where the work is performed and will not emit offensive odors. e. Tenant shall be responsible and liable for the conduct of its employees and invitees, and of those doing business with it, in and around the Hangar Space. Tenant shall keep the Hangar Space clean and free of debris at all times. f. In utilizing the Hangar Space during the term of this Lease, Tenant shall comply with all applicable ordinances, rules, and regulations established by any federal, state or local government agency. g. Tenant shall dispose of used oil only in approved receptacles. Tenants may dispose of batteries only in approved methods (trash and dumpsters are not approved methods). h. At no time shall Tenant start or run his/her Aircraft engine(s) within the Hangar or Hangar Space. Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 53 of 62 3 i. On the termination of this Lease, by expiration or otherwise, Tenant shall immediately surrender possession of the Hangar Space and shall remove, at its sole expense, the Aircraft and all other property therefrom, leaving the Hangar Space in the same condition as when received, ordinary wear and tear excepted. j. Tenant shall be liable for any and all damage to the Hangar or to the Hangar Space caused by Tenant's use, including, but not limited to, bent or broken interior walls, damage due to fuel spillage, or damage to doors due to Tenant's improper or negligent operation. 6. Smokefree Air Act Smoking is prohibited throughout the Iowa City Municipal Airport, including the Hangar Space. 7. Rights and Obligations of Tenant. a. Tenant shall have at all times the right of ingress to and egress from the Hangar Space, except as provided in Paragraph 13. To ensure this right, the Commission shall make all reasonable efforts to keep adjacent areas to the Hangar Space free and clear of all hazards and obstructions, natural or manmade. b. Tenant shall be responsible to maintain the interior of the Hangar Space to include janitorial services, maintaining all interior lights, cleaning of stoppages in plumbing fixtures and drain lines, cleaning of snow within two (2) feet of the apron adjoining the Hangar Space, disposing of any debris or waste materials, and maintaining any Tenant constructed structures and equipment. The Commission shall be the sole judge of the due maintenance undertaken by the Tenant, and may upon written notice, require specific maintenance work to be completed. If such maintenance is not completed within a reasonable time period, the Commission shall have the right to perform such due maintenance, and Tenant shall reimburse the Commission for the cost of such maintenance upon presentation of a billing. c. Tenant shall provide and maintain hand fire extinguisher for the interior of the Hangar Space of the building in accordance with applicable safety codes. Fire Extinguishers shall be at minimum, rated 2A, 10B:C as further defined by the NFPA 10: Standard for Portable Fire Extinguishers d. Tenant shall not store any materials outside the Hangar Space. e. Tenant shall promptly notify the Commission, in writing, of any repairs needed on the Hangar or to the Hangar Space. 8. Rights and Obligations of the Commission. a. The Commission shall at all times operate and maintain the Airport as a public airport consistent with and pursuant to the Sponsor’s Assurances given by Authority to the United States Government under the Federal Airport Act. b. The Commission shall not unreasonably interfere with the Tenant's use and enjoyment of the Hangar Space. c. The Commission shall maintain and keep the Hangar and Hangar Space in good repair except for the maintenance obligations of Tenant set forth in the Lease. In no event, however, shall the Commission be required to maintain or repair damage caused by the negligent or willful act of Tenant, its agents, servants, invitees, or Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 54 of 62 4 customer. However, if due to any negligent or willful act by the Tenant, its agents, servants, invitees or customer, there is a need for maintenance or repair of damage, then Tenant shall secure such maintenance or repair in a prompt, reasonable manner, as approved by the Commission. d. Snow shall be removed from in front of Hangar Space to within at least two (2) feet of the Hangar. Snow removal closer than two (2) feet is the responsibility of the Tenant. e. The Commission shall ensure appropriate grounds keeping is performed year round. 9. Sublease/Assignment. Tenant shall not sublease the Hangar Space or assign this Lease without the prior written approval of the Commission. 10. Condition of Premises. Tenant shall accept the Hangar Space in its present condition without any liability or obligation on the part of the Commission to make any alterations, improvements or repairs of any kind on or about said Hangar Space. 11. Alterations. Tenant shall not install any fixtures or make any alterations, additions or improvements to the Hangar Space without the prior written approval of the Commission, or designee. All fixtures installed or additions and improvements made to the Hangar Space shall, upon completion of such additions and improvements, become Commission property and shall remain in the Hangar Space at the expiration or termination of this Lease, however terminated, without compensation or payment to Tenant. Fixtures include, but are not limited to, locks, brackets for window coverings, plumbing, light fixtures, luminaries, and any item permanently attached to the wall, floor, or ceiling of the Hangar Space by means of cement, plaster, glue, nails, bolts, or screws. 12. Hazardous Materials. a. With the exception of Paragraph 12c below, no "hazardous substance," as defined in Iowa Code section 455B.411 (2023), may be stored, located, or contained in the Hangar Space without the Commission prior written approval. (The Iowa Code can be found online at www.legis.state.ia.us/IACODE . The. U.S. Code can be found online at www.findlaw.com/casecode/uscodes/index.html Federal regulations can be found online at http://www.access.gpo.gov/nara/cfr/cfr-table- search.html. ) Petroleum products and their byproducts for personal use may be stored or present in the Hangar Space if said substances are contained in approved containers. b. With the exception of Paragraph 12c below, Tenant shall handle, use, store and dispose of fuel petroleum products, and all other non-"hazardous substances" owned or used by it on the Airport in accordance with all applicable federal, state, local and airport statutes, regulations, rules and ordinances. No waste or disposable materials shall be released on the ground or in the storm sewers. Should such materials be spilled or escape from storage or in any way contaminate the Airport or property adjacent to the Airport through activities of the Tenant, the Tenant shall be responsible for the clean up, containment and otherwise abatement of such contamination at Tenant’s sole cost and expense. Further, Tenant shall notify the Commission and appropriate governmental agency of such occurrence immediately. Should Tenant fail to do so, the Commission may take Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 55 of 62 5 any reasonable and appropriate action in the Tenant’s stead. The cost of such remedial action by the Commission shall be paid by the Tenant. c. Tenant may have the following materials stored in the Hangar Space: • 1 case of engine oil • 2 1/2 gallons gasoline for motorized tugs (but no aviation fuel or gasoline in drums) • 1 gallon of cleaning solvents 13. Special Events. During any special event at the Airport, including but not limited to the Sertoma Breakfast or Fly Iowa, Tenant acknowledges that the standard operating procedure at the Airport may be altered such that egress and ingress to the Hangar Space may be altered by the Commission in writing. Tenant's failure to comply with the altered procedure is a default of this Lease, and the Commission may proceed to terminate this Lease. 14. Airport Rules and Regulations. Tenant agrees to be subject to Airport rules and regulations upon adoption by the Commission or provide 30-days’ notice to terminate this Lease. Commission shall provide Tenant with a copy of said and regulations 30-days prior to their effective date. 15. Access and Inspection. The Commission has the right to enter and inspect the Hangar Space at any reasonable time during the term of this Lease upon at least 24 hours’ notice to the Tenant for any purpose necessary, incidental to or connected with the performance of its obligations under the Lease or in the exercise of its governmental functions. In the case of an emergency, the Commission may enter the Hangar Space without prior notice but will provide notice to the Tenant after the fact. The Commission shall not, during the course of any such inspection, unreasonably interfere with the Tenant’s use and enjoyment of the Hangar Space. At a minimum, the Hangar Space will be inspected annually. Upon execution of this Lease, the Commission shall provide Tenant with a key to the Hangar Space, and if the Tenant subsequently changes the lock to the Hangar Space, he or she shall provide shall provide notice to the Commission before he or she does so and shall provide a new key to the Commission within twenty-four hours of doing so. 16. Insurance. a. Tenant shall at its own expense procure and maintain general liability and casualty insurance in a company or companies authorized to do business in the State of Iowa, in the following amounts: Type of Coverage Aircraft Liability, including incidental premises liability – Each Occurrence $1,000,000 b. Tenant’s insurance carrier shall be A rated or better by A.M. Best. Tenant shall name the Commission and the City of Iowa City, as additional insured. The Commission and Tenant acknowledge that a Certificate of Insurance is attached to this Lease. Tenant shall provide fifteen (15) days’ notice to the Commission before cancellation of said insurance. Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 56 of 62 6 c. It is the Tenant's responsibility to keep the insurance certificate current. If the Certificate of Insurance expires during the term of the lease, the Tenant must provide a current certificate to the Commission within seven (7) days of when the Certificate expires. 17. Casualty. In the event the Hangar or Hangar Space, or the means of access thereto, shall be damaged by fire or any other cause, the rent payable hereunder shall not abate provided that the Hangar Space is not rendered untenantable by such damage. If the Hangar Space is rendered untenantable and Commission elects to repair the Hangar or Hangar Space, the rent shall abate for the period during which such repairs are being made, provided the damage was not caused by the acts or omissions of Tenant, its employees, agent or invitees, in which case the rent shall not abate. If the Hangar or Hangar Space is rendered untenantable and Commission elects not to repair the Hangar or Hangar Space, this Lease shall terminate. 18. Indemnity. Tenant agrees to release, indemnify and hold the Commission and the City of Iowa City ("City"), its officers and employees harmless from and against any and all liabilities, damages, business interruptions, delays, losses, claims, judgments, of any kind whatsoever, including all costs, attorneys' fees, and expenses incidental thereto, which may be suffered by, or charged to, the Commission and the City by reason of any loss or damage to any property or injury to or death of any person arising out of or by reason of any breach, violation or non-performance by Tenant or its servants, employees or agents of any covenant or condition of the Lease or by any act or failure to act of those persons. The Commission and City shall not be liable for its failure to perform this Lease or for any loss, injury, damage or delay of any nature whatsoever resulting therefrom caused by any act of God, fire, flood, accident, strike, labor dispute, riot, insurrection, war or any other cause beyond Commission's control. 19. Disclaimer of Liability. The Commission hereby disclaims, and Tenant hereby releases the Commission from any and all liability, whether in contract or tort (including strict liability and negligence) for any loss, damage or injury of any nature whatsoever sustained by Tenant, its employees, agents or invitees during the term of this Lease, including, but not limited to, loss, damage or injury to the Aircraft or other property of Tenant that may be located or stored in the Hangar Space, unless such loss, damage or injury is caused by the Commission's gross negligence or intentional willful misconduct. The parties hereby agree that under no circumstances shall the Commission be liable for indirect consequential, special or exemplary damages, whether in contract or tort (including strict liability and negligence), such as, but not limited to, loss of revenue or anticipated profits or other damage related to the leasing of the Hangar Space under this Lease. 20. Attorney Fees. If the Commission files an action in district court to enforce its rights under this Lease and if judgment is entered against the Tenant, Tenant shall be liable to and shall pay for the Commission's attorney fees incurred in enforcing the Lease and in obtaining the judgment. 21. Default. This Lease shall be breached if: (a) Tenant fails to make the rental payment; or (b) Tenant or the Commission fails to perform any other covenant herein and such default shall continue for five (5) days after the receipt by the other party of written notice. Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 57 of 62 7 22. Security. Tenant acknowledges that the FAA or another governmental entity or subdivision may enact laws or regulations regarding security at general aviation airports such that the Commission may not be able to comply fully with its obligations under this Lease, and Tenant agrees that the Commission shall not be liable for any damages to Tenant that may result from said non-compliance. 23. Thirty (30) Days Termination. Either party to this Lease shall have the right, with cause, to terminate this Lease by giving thirty (30) days' prior written notice to the other party. 24. Non-Discrimination. Tenant shall not discriminate against any person in employment or public accommodation because of race, religion, color, creed, gender identity, sex, national origin, sexual orientation, mental or physical disability, marital status or age. "Employment" shall include but not be limited to hiring, accepting, registering, classifying, promoting, or referring to employment. "Public accommodation" shall include but not be limited to providing goods, services, facilities, privileges and advantages to the public. 25. Doing Business at the Airport. Tenant acknowledges that he/she/it may only conduct business and engage in commercial activity at the Airport as provided in the Minimum Standards and only after written permission has been obtained from the Airport Commission. 26. FAA Provisions. a. Tenant, for itself, heirs, personal representatives, successors in interest, and assigns, as a part of the consideration hereof, does hereby covenant and agree as a covenant running with the land that in the event facilities are constructed, maintained, or otherwise operated on the said property described in this (license, lease, permit, etc.) for a purpose for which a Department of Transportation program or activity is extended or for another purpose involving the provision of similar services or benefits, the (licensee, lessee, permittee, etc.) shall maintain and operate such facilities and services in compliance with all other requirements imposed pursuant to 49 CFR Part 21, Nondiscrimination in Federally Assisted Programs of the Department of Transportation, and as said Regulations may be amended. b. Tenant, for itself, personal representatives, successors in interest, and assigned, as a part of the consideration hereof, does hereby covenant and agree as a covenant running with the land that: (1) no person on the grounds of race, color, or national origin shall be excluded from participation in, denied the benefits of, or be otherwise subject to discrimination in the use of said facilities, (2) that in the construction of any improvements on, over, or under such land and the furnishing of services thereon, no person on the grounds of race, color, or national origin shall be excluded from participation in, denied the benefits of, or otherwise be subject to discrimination, (3) that Tenant, shall use the premises in compliance with all other requirements imposed by or pursuant to 49 CFR Part 21, Nondiscrimination in Federally Assisted Programs of the Department of Transportation, and as said Regulations may be amended. c. It is understood and agreed that nothing herein contained shall be construed to grant or authorize the granting of an exclusive right within the meaning of Section 308 of the Federal Aviation Act of 1958. This Lease shall be subordinate to the Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 58 of 62 8 provisions of any outstanding or future agreement between the Commission and the United States government or the Commission and the State of Iowa relative to the maintenance, operation, or development of the Iowa City Municipal Airport. Tenant acknowledges and agrees that the rights granted to Tenant in this Lease will not be exercised so as to interfere with or adversely affect the use, operation, maintenance or development of the Airport d. Tenant agrees to furnish service on a fair, equal and not unjustly discriminatory basis to all users thereof, and to charge fair, reasonable and not unjustly discriminatory prices for each unit or service; provided, that Tenant may make reasonable and non-discriminatory discounts, rebates, or other similar types of price reductions to volume purchasers. e. The Commission reserves the right (but shall not be obligated to Tenant) to maintain and repair the landing area of the airport and all publicly-owned facilities of the airport, together with the right to direct and control all activities of Tenant in this regard. f. The Commission reserves the right further to develop or improve the landing area and all publicly-owned air navigation facilities of the airport as it sees fit, regardless of the desires or views of Tenant, and without interferences or hindrance. g. The Commission reserves the right to take any action it considers necessary to protect the aerial approaches of the airport against obstructions, together with the right to prevent Tenant from erecting, or permitting to be erected, any building or other structure on the airport which in the opinion of the Commission would limit the usefulness of the airport or constitute a hazard to aircraft. h. During time of war or national emergency, the Commission shall have the right to enter into an agreement with the United States Government for military or naval use of part or all of the landing area, the publicly-owned air navigation facilities and/or other areas or facilities of the airport. If any such agreement is executed, the provisions of this instrument, insofar as they are inconsistent with the provisions of the agreement with the Government, shall be suspended. i. It is understood and agreed that the rights granted by this Lease will not be exercised in such a way as to interfere with or adversely affect the use, operation, maintenance or development of the airport. j. There is hereby reserved to the Commission, its successors and assigns, for the use and benefit of the public, a free and unrestricted right of flight for the passage of aircraft in the airspace above the surface of the premises herein conveyed, together with the right to cause in said airspace such noise as may be inherent in the operation of aircraft, now known or hereafter used for navigation of or flight in the air, using said airspace or landing at, taking off from, or operating on or about the airport. k. The Lease shall become subordinate to provisions of any existing or future agreement between the Commission and the United States of America or any agency thereof relative to the operation, development, or maintenance of the airport, the execution of which has been or may be required as a condition precedent to the expenditure of federal funds for the development of the airport. 27. Remedies Cumulative. Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 59 of 62 9 The rights and remedies with respect to any of the terms and conditions of this Lease shall be cumulative and not exclusive, and shall be in addition to all other rights and remedies available to either party in law or equity. 28. Notices. Any notice, for which provision is made in this Lease, shall be in writing, and may be given by either party to the other, in addition to any other manner provided by law, in any of the following ways: a. by personal delivery to the Commission Chairperson b. by service in the manner provided by law for the service of original notice, or c. by sending said Notice by certified or registered mail, return receipt requested, to the last known address. Notices shall be deemed to have been received on the date of receipt as shown on the return receipt. (1) If to the Commission, addressed to: Iowa City Airport Commission Iowa City Municipal Airport 1801 S. Riverside Drive Iowa City, IA 52246 (2) If to Tenant, addressed to: 29. Airport Manager. The Airport Manager is the person designated by the Commission to manage the Hangar Space and to deliver all notices and demands from the Commission, to receive keys to the Hangar Space as provided in Paragraph 14, and to perform inspections as provided in Paragraph 14. 30. Integration. This Lease constitutes the entire agreement between the parties, and as of its effective date supersedes all prior independent agreements between the parties related to the leasing of the Hangar Space. Any change or modification hereof must be in writing signed by both parties. 29. Waiver. The waiver by either party of any covenant or condition of this Lease shall not thereafter preclude such party from demanding performance in accordance with the terms hereof. Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 60 of 62 10 30. Successors Bound. This Lease shall be binding and shall inure to the benefit of the heirs, legal representatives, successors and assigns of the parties hereto. 31. Severability. If a provision hereof shall be finally declared void or illegal by any court or administrative agency having jurisdiction over the parties to this Lease, the entire Lease shall not be void, but the remaining provisions shall continue in effect as nearly as possible in accordance with the original intent of the parties. IOWA CITY AIRPORT COMMISSION By: ___ Title: _____________ Date:______________________________ TENANT: By: Title: Date:_____________________________ Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 61 of 62 Airport Commission Agenda & Info Packet Meeting Date: Sept 12, 2024 Page 62 of 62