HomeMy WebLinkAbout05-17-2012 Airport CommissionIOWA CITY AIRPORT COMMISSION
MEETING AGENDA - REVISED
AIRPORT TERMINAL BUILDING
1801 S. RIVERSIDE DRIVE
IOWA CITY, IOWA
THURSDAY, MAY 17, 2012 — 6:00 P.M.
1. Determine Quorum 1 min*
2. Approval of Minutes from the following meetings: 5 min
April 19, 2012
3. Public Discussion - Items not on the agenda 5 min
4. Items for Discussion / Action:
a. Airport Commerce Park 5 min
b. Terminal Building Brick Repair 5 min
c. Hangar L 5 min
d. FAA/IDOT Projects: AECOM / David Hughes 15 min
i. Obstruction Mitigation
ii. 7/25 Parallel Taxiway
1. Consider a resolution setting a public hearing on plans, specifications and form of
contract for Runway 7/25 Parallel Taxiway Paving and Lighting
e. Airport Electrical Rehab
f. AOPA Airport Support Network 15 min
g. Aviation Authority 30 min
h. South Airport Development 15 min
i. Airport "Operations" 5 min
i. Strategic Plan- Implementation
ii. Budget
iii. Management
j. FBO / Flight Training Reports 5 min
i. Jet Air / Care Ambulance
1. Public Hearing
2. Consider a resolution approving ground lease with Jet Air, Inc.
ii. Iowa Flight Training
k. Consider a motion to adjourn to executive session to discuss strategy with counsel in
matters that are presently in litigation or where litigation is imminent where its disclosure
would be likely to prejudice or disadvantage the position of the governmental body in that
litigation.
I. Subcommittee Report 2 min
m. Commission Members' Reports 2 min
n. Staff Report 2 min
5. Set next regular meeting for June 21, 2012 at 6:00 p.m.
6. Adjourn
*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
Consider a motion to adjourn to executive session to discuss strategy with counsel in matters that are
presently in litigation or where litigation is imminent where its disclosure would be likely to prejudice or
disadvantage the position of the governmental body in that litigation.
Airport Commission Packet
May 17, 2012
Airport Commission
April 19, 2012
Page 1
MINUTES
IOWA CITY AIRPORT COMMISSION
APRIL 19, 2012 — 6:00 P.M.
AIRPORT TERMINAL BUILDING
Page 2 of 62
DRAFT
Members Present: Jose Assouline, Minnetta Gardinier, Howard Horan, Rick Mascari
Staff Present: Sue Dulek, Michael Tharp
Others Present: Matt Wolford, David Hughes, Eric Scott, Toby Myers
RECOMMENDATIONS TO COUNCIL: (to become effective only after separate Council
action): NONE
CALL TO ORDER:
Chairperson Assouline called the meeting to order at 6:02 P.M.
APPROVAL OF MEETING MINUTES:
Chairperson Assouline asked for approval of the March 15, 2012 minutes. Mascari moved to
approve the minutes of the March 15, 2012, meeting as submitted; seconded by Horan.
Motion carried 4 -0. Mascari then moved to approve the minutes of the April 5, 2012
meeting as submitted; seconded by Horan. Motion carried 4 -0.
PUBLIC DISCUSSION:
None.
ITEMS FOR DISCUSSION /ACTION:
a. South Aviation Development — Mascari asked if there was anything happening here.
Horan stated that he wanted to thank Jeff Davidson for the help with the Airport's long -
range conceptual planning. Assouline added that they will continue to pursue this
planning.
b. Airport Commerce Park — Tharp noted that the sale with Deery closed the beginning of
April. He added that he has heard they may pick up a couple of option lots. Mascari
asked if they could make a request of the realtor to attend Airport meetings in order to
give Members an up -to -date report. A brief conversation ensued regarding the
frequency that Members would like to see.
c. Terminal Building Brick Repair — Tharp stated that the work is progressing, with just a
couple of weeks left on the project. He added that the contract end date is June 3, so
basically the work is right on target.
d. Hangar L —
i. Consider a resolution approving a contract with Foth Infrastructure
and Environment for construction services — Horan moved approval
of Resolution #Al2 -12 for a contract with Foth Infrastructure and
Environment for construction services; seconded by Mascari.
Motion carried 4 -0.
Airport Commission Packet
May 17, 2012 Page 3 of 62
Airport Commission
April 19, 2012
Page 2
ii. Hangar #71 —
1. Public Hearing — Assouline opened the public hearing. Tharp
noted that the overall lease extends for 20 years, with a 5 -year
individual term. The tenants will have options for the additional
five -year blocks, up to 20 years. He then responded to Members'
questions regarding how these leases will work with regard to
covering the Airport's debts. Assouline then closed the public
hearing.
2. Consider a resolution approving lease for hangar #71 —
Mascari moved to approve Resolution #Al2 -13 for a lease for
Hangar #71; seconded by Gardinier. Motion carried 4 -0.
iii. Hangar #72 —
1 . Public Hearing — Assouline opened the public hearing. Tharp
responded to Members' questions, noting any changes in the
leases. The discussion turned to subleases under Jet Air and how
the Airport handles these. Assouline then closed the public
hearing.
2. Consider a resolution approving lease for hangar #72 — Horan
moved to approve Resolution #Al2 -14 for a lease for Hangar
#72; seconded by Mascari. Motion carried 4 -0.
e. Iowa DOT — FY2013 Aviation Grant Program — Tharp requested that this item be
moved to later in the agenda, after Item h.
f. FAA /IDOT Projects: AECOM /David Hughes
i. Obstruction Mitigation — Hughes noted that there are no updates on
this.
ii. 7/25 Parallel Taxiway — Hughes stated that they have a set of plans
almost ready for the FAA's approval. Before they finalize these plans,
however, Hughes noted that the Commission needs to discuss the
connecting taxiway at Hangar H. Members discussed what they believe
to be the best configuration for this. Hughes continued to detail how the
pavement projects will progress, further explaining the phases and what
should be accomplished in each. Members stressed the importance of
keeping the runway closures to a minimum.
iii. Airport Electrical Rehab — Hughes then spoke to the electrical rehab
projects. This would encompass changing all of the current lighting to
LEDs. Hughes continued, briefly explaining what this rehab will cover. It
was noted that this project will be done through an informal bid process.
g. Airport "Operations ":
i. Strategic Plan- Implementation — None.
ii. Budget — Tharp stated that the last few months of the fiscal year will be a
bit tight due to the projects they have had to undertake, but that there
won't be any major problems with this. He added that the farm payments
are in now so that makes the account balances look better.
iii. Management — Tharp reminded Members that he will be at the Aviation
Conference next week in Des Moines. He added that he is working with
the Fire Department on some Airport specific training. This will take place
the end of May.
h. FBO / Flight Training Reports —
i. Jet Air / Care Ambulance — Matt Wolford with Jet Air spoke to Members
next. He noted that mowing has started up again at the Airport. Wolford
Airport Commission Packet
May 17, 2012 Page 4 of 62
Airport Commission
April 19, 2012
Page 3
continued, noting that Jet Air is doing well. They are booked through next
Tuesday on their charter flights. Airplane sales are still going well,
according to Wolford. The Care Ambulance service is also doing well and
may have 24 -hour call service soon. Gardinier noted her good
experience with Jet Air and the recent engine installation in her plane.
1. Mascari moved to consider Resolution #Al2 -15 setting a
public hearing on a ground lease with Jet Air Inc. for the May,
2012 Airport Commission meeting; seconded by Horan.
Motion carried 4 -0.
2. Tharp spoke about the snow removal contract and the janitorial
contract under consideration this evening. He explained how the
contracts have been handled and how a change has been made
to the timelines. Tharp briefly touched on the changes to this
contract, stating that it will go for three years. Gardinier
addressed the issue of a `checklist' that could be used, especially
for those odd items that don't need addressed on a regular basis.
Jet Air will look into this issue. She also brought up the issue of
the restroom and some needed maintenance there. Tharp noted
that he will work with Jet Air on this. Mascari moved to consider
Resolution #Al2 -16 approving a contract for snow removal,
grounds keeping, and maintenance services with Jet Air Inc.;
seconded by Gardinier. Motion carried 4 -0.
3. Gardinier moved to consider Resolution #Al2 -17 approving a
contract for janitorial services with Jet Air Inc.; seconded by
Horan. Motion carried 4 -0.
ii. Iowa Flight Training — Horan noted that he had a couple of flights
recently. He added that IFT appears to be doing well and will be adding
an instructor.
e. Iowa DOT — FY2013 Aviation Grant Program — Tharp noted that as part of the ground
lease agreement, the Airport Commission is going to offer to build the taxiway for
Hangar L. The best way to handle this project, according to Tharp, is to apply for a State
grant. Applications are due in about two and a half weeks. The second application will
be to redo the flat roofs on the Care Ambulance building and the Terminal building.
Total application package will be about $200,000. Tharp then responded to Members'
questions regarding these projects.
i. Subcommittee Reports —
L Review assignments — Tharp noted that this would be the time to make
changes to subcommittee assignments. Mascari asked if they could have
page numbers on the packet, so it would be easier to find things.
Gardinier stated that she would like to see them organize a bar -b -que
type event at the Airport. This would be a good way to get people out to
the Airport. The discussion continued, with Members agreeing that the
subcommittee should come up with a plan for this event.
j. Commission Members' Reports — Horan noted problems with the fuel tanks and a
possible warranty on the paint. He stated that there is rust coming through. He added
that he has passed the 25 -hour mark in his flight hours now. Assouline noted that he
has been trying to get in touch with Jeff Davidson at City Hall, and that once he does he
will report back to the Members.
k. Staff Report — Tharp noted that his new office furniture will be arriving soon.
Airport Commission Packet
May 17, 2012 Page 5 of 62
Airport Commission
April 19, 2012
Page 4
SET NEXT REGULAR MEETING FOR:
The next regular meeting will be Thursday, May 17, 2012, at 6:00 P.M. at the Airport Terminal
building.
ADJOURN:
The meeting adjourned at 7:27 P.M. Mascari made the motion to adjourn the meeting at
7:27 P.M.; seconded by Horan. Motion carried 4 -0.
CHAIRPERSON DATE
Airport Commission
April 19, 2012
Page 5
Airport Commission Packet
May 17, 2012 Page 6 of 62
Airport Commission
ATTENDANCE RECORD
2012
Key:
X = Present
X/E = Present for Part of Meeting
O = Absent
O/E = Absent/Excused
NM = Not a Member at this time
TERM
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EXP.
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N
N
N
N
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03101113
X
X
X
X
X
Rick
Mascari
03101114
X
X
X
X
X
Howard
Horan
Minnetta
03101115
X
X
X
X
X
Gardinier
Jose
03102112
O/E
X
X
X
X
Assouline
Key:
X = Present
X/E = Present for Part of Meeting
O = Absent
O/E = Absent/Excused
NM = Not a Member at this time
r
Comme m '.T' t.ate Serv1— C—P
Airport Commission Packet
May 17, 2012
Marketing Services Report
May 9, 2012
Skogman Realty
2530 Corridor Way, Suite #302
Coralville, Iowa 52241
Prepared by: Jeff Edberg, CCIM, SIOR, green
Prepared for: Assouline, Jose
Tharp, Michael Email:
Michael- Tharp @iowa- city.org
Property: Ruppert Road, Iowa City- MASTER FILE
Flyer: www. icrealestatetours. com /FlyerPDFs /RuppertRdLots.pdf
Virtual Tour:
Pro - Forma:
PW: http : / /lt9ruppertrd.skogman.com/
Iowa City MLS: 20110622 Cedar Rapids MLS:
4/27/2012: Advertised in PC Real Estate Guide.
4/13/2012: Advertised in PC Real Estate Guide.
4/2/2012: Closing on Lot 16 & 17
4/2/2012: Ordered sign to be moved
3/30/2012: Advertised in PC Real Estate Guide.
3/16/2012: Advertised in PC Real Estate Guide.
3/2/2012: Advertised in PC Real Estate Guide.
3/1/2012: Advertised in printed In -Sites Magazine
2/24/2012: Advertised in PC Real Estate Guide.
2/10/2012: Advertised in PC Real Estate Guide.
1/30/2012: Submitted to In -Sites Publication for print magazine
Page 7 of 62
1100686
Airport Commission Packet
May 17, 2012 Page 8 of 62
1/27/2012: Advertised in PC Real Estate Guide.
1/18/2012: Presented to possible tenant for retail / service location
1/13/2012: Advertised in PC Real Estate Guide
12/30/2011: Advertised in PC Real Estate Guide.
12/16/2011: Advertised in PC Real Estate Guide.
12/2/2011: Advertised in PC Real Estate Guide.
11/25/2011: Advertised in PC Real Estate Guide.
11/18/2011: Signed Offer to Purchase Lot 16 & 17
11/11/2011: Advertised in PC Real Estate Guide.
10/28/2011: Advertised in Press Citizen Real Estate Guide.
10/26/2011: Advertised in 10/14 Press Citizen Real Estate Guide.
10/3/2011: Advertised in 9/30 Press Citizen Real Estate Guide.
9/30/2011: Jeff working with client on LOI for lot 16.
9/16/2011: Advertised in 9/16 Press Citizen Real Estate Guide.
9/15/2011: Submitted Lot information to prospective Buyer.
8/30/2011: Submitted for ad in 9/2/2011 Press Citizen Real Estate Guide.
8/19/2011: Advertised in Press Citizen Real Estate Guide.
8/8/2011: Listings advertised in 8/5/2011 Press Citizen Real Estate Guide.
7/29/2011: Submitted for ad in August Insights magazine.
7/26/2011: Call from Cedar Falls developer wanting the lot, site prep and grading done for free by the
City.
7/19/2011: Listings to be advertised in 7/22/2011 Press Citizen Real Estate Guide.
7/11/2011: Listings advertised in 7/8/2011 Press Citizen Real Estate Guide.
7/6/2011: Attend June Commission meeting
6/24/2011: Listings advertised in Press Citizen Real Estate Guide.
6/14/2011: met with a client regarding building on the airport lots.
Airport Commission Packet
May 17, 2012
6/10/2011: Lots advertised in Press Citizen Real Estate Guide.
6/1/2011: Lots advertised in Press Citizen Real Estate Guide.
5/9/2011: Updated MILS, flyer, commence with Leasing data
Page 9 of 62
5/1/2011: These new marketing reports reflect showings, advertising and significant marketing events
for your listing. They will be sent monthly to help you stay in touch with the marketing progress we're
making. We have started these reports on 5 -1 -2011, so no activity prior to that date will be reflected,
but everythng after that date will be. Thank you for your assignment!
January 10, 2011 Attend City Council meeting for approval of listing Agreement
January 18, 2011 Obtain sales comparables for lots from, appraiser. Review legal records for
Airport lots.
January 19, 2011 Meet Howard Horan and Michael Tharp at airport conference room for briefing
on Airport History
January 20, 2011 Attend Airport Commission Meeting.
January 21, 2011 Meet Tom Marcus, Sue Dulek, Dale Henning, Wendy Ford, Howard Horan and
Michael Tharp at City Manager's conference room for progress meeting.
January 22, 2011 Install site signs.
January 23, 2011 Receive sign call on lot 17, 16. Make appointment to spec out building for Dog
Care business.
January 29, 2011 Meet client and builder to plan a building on lot 17. Will meet again next week.
February 9, 2011 Met client, went over building plans. Will meet lender next week and prepare
purchase offer.
February 11, 2011 Submit information on lots to Insites Magazine.
February 17, 2011 Submit information to Press Citizen for Real Estate Guide Back Cover
February 17, 2011 Call client regarding next meeting with lender. Client had surgery.
February 17, 2011 Commission meeting.
February 22, 2011 Promote site to potential industrial client
March 4, 2011 New Real Estate Guide came out with ad on back cover
Airport Commission Packet
May 17, 2012 Page 10 of 62
March 9, 2011 Offer lot to industrial client for warehouse operation.
March 10, 2011 Commission meeting.
March 11, 2011 New Real Estate Guide came out with ad on back cover.
March 15, 2011 Contacted party interested in lot 16, made an appointment to meet at their lender to
pursue the financing on a building and an offer on lot #16.
March 15, 2011 prepared and sent a new schedule for leasing rates to City and Commission.
March 18, 2011 New Real Estate Guide came out with ad on back cover
March 25, 2011 New Real Estate Guide came out with ad on back cover
March 31, 2011 New Real Estate Guide came out with ad on back cover
April 7, 2011 New Real Estate Guide came out with ad on back cover
April 14, 2011 New Real Estate Guide came out with ad on back cover
April 14, 2011 Commission meeting.
April 15, 2011 Contacted dog business and suggested a lease scenario. They said they would consider
it. I'll follow up.
April 21, 2011 New Real Estate Guide came out with ad on back cover
April 29, 2011 New Real Estate Guide came out with ad on back cover
Airport Commission Packet
May 17, 2012 Page 11 of 62
Prepared by: Michael Tharp, Operations Specialist: 1801 S. Riverside Dr. Iowa City, 1A 52246 (3 19) 350 5045
RESOLUTION NO.
RESOLUTION SETTING A PUBLIC HEARING ON JUNE 21, 2012 FOR THE PLANS,
SPECIFICATIONS, FORM OF CONTRACT, AND ESTIMATE ON COST FOR THE
CONSTRUCTION OF "RUNWAY 7/25 PARALLEL TAXIWAY PAVING AND
LIGHTING" PROJECT, AND DIRECTING CITY CLERK TO PUBLISH NOTICE OF
SAID HEARING, AND DIRECTING THE CHAIRPERSON TO PLACE SAID PLANS
ON FILE FOR PUBLIC INSPECTION
BE IT RESOLVED BY THE AIRPORT COMMISSION OF THE CITY OF IOWA CITY:
1. That a pubic hearing on the plans, specifications, form of contract, and estimate of cost
for the construction of the above - mentioned project is to be held on the 21 st day of June,
2012 at 6:00p.m. iln Iowa City Airport Terminal Building, 1801 S. Riverside Drive, Iowa
City, Iowa, or if said meeting is cancelled, at the next meeting of the Airport Commission
thereafter as posted by the City Clerk.
2. That the City Clerk is hereby authorized and directed to publish notice of the public
hearing for the above -named project in a newspaper published at least once weekly and
having a general circulation in the City, not less that four (4) nor more than twenty (20)
days before said hearing.
3. That the copy of plans, specifications, form of contract, and estimate of cost for the
construction of the above -named project is hereby ordered placed on file by the
Chairperson in the office of the City Clerk for public inspection
Passed and approved this day of 2012.
CHAIRPERSON
ATTEST:
SECRETARY
Approved By:
City Attorney's Office
Assouline
Gardinier
Horan
Mascari
Airport Commission Packet
l t l May 17, 2012 Page 12 of 62
C I T Y OF IOWA C I T Y
MEMORANDUM
Date: May 14, 2012
To: Airport Commission
From: Operations Specialist
Re: Agenda Item - Aviation Authority
The information accompanying this memo is meant to provide sufficient background information
to allow the Commission to begin to examine the role of an aviation authority board vs. the
airport commission in the management of the Iowa City Municipal Airport.
There would be a number of steps to complete should there be a desire to change the
organizational management structure currently in place.
Airport Commission Packet
May 17, 2012 Page 13 of 62
Iowa City Municipal Airport
Aviation Authority
Summary of Issues
Question(s): What is an Aviation Authority? How is it different from an Airport Commission?
Background Information:
Airport Commission duties: "To exercise all the powers granted to cities and towns under
Chapter 330 of the Code of Iowa, except the power to sell said airport. To annually certify the
amount of taxes within the limitations of the Statutes of the State of Iowa to be levied for airport
purposes." http: / /www.iowa- city. org/ icgov /apps/boards /members.asp ?id =1 The Iowa City
Airport Commission manages the Iowa City Municipal Airport. The Airport Commission
consists of five members appointed by the City Council.
Current Operations: The Iowa City Airport Commission employs one employee (Airport
Operations Specialist). Grounds keeping, building maintenance, and snow removal services are
contracted out.
Current Commission Powers: The Iowa City Airport Commission is responsible for budgeting,
maintaining, and operating the Iowa City Municipal Airport. The Airport Commission does not
have the power to buy or sell land, levy taxes, or sell bonds.
Budget: The annual operations budget is approximately $400,000. The Capital Improvements
budget varies based on FAA and State grant awards, but generally is approximately $1.5 -2.5
million per year.
Fiscal Support: The Iowa City Municipal Airport relies on funding from the City of Iowa City to
provide support for the operations budget as well as the matching funds for FAA and Iowa DOT
grant awards. Funds for use by the Iowa City Airport Commission are adopted annually by the
Iowa City Council as part of the city budget.
Use of other City Departments: The Iowa City Municipal Airport Commission receives
assistance from other city departments for a number of essential services. Finance staff assists in
multiple areas such as budget preparation, payroll, accounts payable /receivable, grant
management; the City Attorney's Office staff assists in legal matters. Equipment maintenance
schedules and replacements maintained through the Iowa City Equipment Division.
Termination: State law provides that a Commission can only be abolished by vote of the
citizens. The Commission would need to be abolished before an Authority could be created.
Aviation Authority:
Powers of the Authority: The powers of the Aviation Authority are granted under state code
(Chapter 330A).
Airport Commission Packet
May 17, 2012 Page 14 of 62
Powers Specific to Aviation Authorities: Unlike an Airport Commission, an Aviation Authority
has the power to levy an aviation tax on the supporting tax base (state code sets current rate cap
to $.27/1000 valuation). The Aviation Authority also is empowered to issue Aviation Revenue
Bonds (similar to other city revenue bonds). Bonds can be sold for any aviation related project
or for use as matching funds in FAA or State grant programs. The Aviation Authority is a fully
autonomous organization.
The Aviation Authority also has its own powers to buy /sell land for airport use as well as the
authority to exercise eminent domain.
Creation: The Authority is created by a resolution and an ordinance of the appropriate governing
bodies that desire to join the Authority (city councils, board of supervisors, etc.)
Budget/Funding /Expenses: The Authority would most likely need to provide its own budget,
personnel, payroll, accounts receivable, and other services. It is unknown whether any of the
jurisdictions would provide these services given that the Authority has the right to levy taxes.
Most likely no jurisdiction would offer its legal services due to potential conflicts of interest.
The Aviation Authority would have to hire bond counsel (attorneys specializing in the area of
public bonds) as no local jurisdiction has that expertise in- house.
Aviation Authority Creation Scenarios: (Most likely scenarios for the creation of an Aviation
Authority; not a complete list) this is created with the assumption that any aviation authority board
would be comprised of representatives from the jurisdictions that would be a part of it.
1) The Iowa City Airport Authority: The Iowa City Airport Commission is converted into an
aviation authority.
Authority Board members remain residents from the City of Iowa City
2) The Iowa City /Johnson County Airport Authority: This scenario would anticipate that the
Aviation Authority boundaries expand beyond Iowa City and would include other
jurisdictions within Johnson County.
Authority Board members appointed from the representative jurisdictions that join the
Authority. Each jurisdiction appoints their representatives
3) The Iowa City /Cedar Rapids Aviation Authority: This scenario would anticipate a regional
effort to combine the management of the Eastern Iowa Airport and Iowa City Municipal
Airport by a single Aviation Authority.
This partnership should be similar to other Commercial /GA reliever partnerships around the
country.
Authority Board members appointed from the representative jurisdictions that join the
Authority. Each jurisdiction appoints their representatives
Airport Commission Packet
May 17, 2012 Page 15 of 62
Iowa Airport Authorities:
Audubon County Airport Authority
Members: Audubon, Audubon County
Cherokee Aviation Authority
Members: Cherokee, Cherokee County
Council Bluffs Airport Authority
Members: Council Bluffs
Des Moines International Airport Authority
Member: Des Moines
Guthrie County Regional Airport Authority:
Members: Guthrie County, Guthrie Center, Panora, Yale
Iowa Falls Municipal Airport Authority
Members: Iowa Falls
North Cedar Aviation Authority
Members: Charles City, Floyd County
Polk County Aviation Authority:
Members: Ankeny, Polk County, Altoona, Bondurant
Southeast Iowa Regional Airport Authority (SIRAA):
Members: Cities of Burlington and West Burlington, Des Moines County
Winterset Airport Authority
Members: Winterset
West Metro Aviation Authority — established for new airport
Members: Adel
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Airport Commission Packet
May 17, 2012
KQVB: 05.10.12 11:35:10 Method: ]
Page 1rof 62
Page: I
Iowa City General Ledger System
BY 3012 Revenue Reporting
For the p8ciO8 04.01.12 to 04.30.12
Estimated YTD Period
&CC0uDt Revenue Revenue Revenue Remainder �
''''- ------'-------------'--------------' ---'---' '-----' ------------ -'- --'' ''--
7608 Airport
OTHER MIGC REVENUE
369100 Deimb of 008os88 3155.52 3080.52 '3155.52
Total OTHER MI3C RQYQ0O0
INTEREST DQVQND&Q
381100 Interest on Investments
Total I0TD883T REVENUES
RENTS
382100 6dDd Rental
382200 Building/Room Rental
Total RENTS
ROYALTIES & COMMISSIONS
384280 Vending Machine Comm
384908 Other Commissions
Total ROYALTIES & COMMISSIONS
D&L8 OF &88DTS
392100 Sale of Land
392300 Sale of Equipment
Total SALE OF ASSETS
TRANSFERS
TRANSFERS FROM GOVERNMENTAL ACTIVITIES
]9]120 General Levy
Total TR&0CFODG FROM QOV880NO0T&L ACTIVITIES
Total TRANSFERS
Total Airport
**' GRAND TOTAL m*
------------ ------------
------------
3155.52
08O.52
------------
-3155.52
------
600.00
911.87
172.60
'311.87
151.98
------ ------
600.00
011.0
------
172.60
------
'311.87
---
151.98
41968.00
42000.07
1000.00
'32.07
100.08
231842.00
101133.00
18318.00
40710.00
82.44
------ ------
27010.00
23]1]2.07
------
19318.0O
------
40677.93
---
85.14
83.00
93.60
7.20
'10.60
112.77
28000.00
21361.00
2391.V0
'1361.00
106.01
------ ------
20083.00
21454.68
------
2398.20
------
'1371.60
---
106.0
400000.00
400008.08
-400000.00
747.45
-747.40
------ ------
400747.45
------
400000.00
------
'400747.45
---
100000.00
8338.30
033.33
16666.70
83.]]
------------ ------------
100000.00
------------
8]3]3.30
8333.8
------------
16666.70
------
83.33
------ ------
180001.80
------
8]333.]0
8]]].]3
------
16666.70
---
83]]
------------ ------------
394493.00
------------
742734.81
03302.65
------------
'348241.81
------
18828
------ ------
39440.00
====== ======
74284.81
------
4]]302.65
=======
------
'348241.81
=======
---
188.28
===
QXDD; 85.10.12 11:34:41 Method: l
Airport Commission Packet
May 17, 2012
Iowa City General Ledger System
PT 2012 ExoGDG8 D8VOItiDg
For the period 84.01.12 t0 04.30.12
Page 1eof 62
Ba«e: 1
YTD
Period
8cCUVDL
Appropriated
Expenditures
Expenditures O4CnmbIanC8
Balance
If Used
-------------- ----------------------------------------
7600 Airport
------------
------------
------------ ------------ ------------
------
AIRPORT
560100 Airport Operations
SALARIES & WAGES
REGULAR G&L&RIQC 6 0A8O8
411000 Perm Full Time
1.00
1.00
412008 Perm Part Time
36318.08
29070.80
2668.80
7300.08
7933
413000 Temporary Employees
520.00
--------
381.50
63.00
138.50
73.37
Total REGULAR 8AL&DIDG 6 WAGES
36891.00
-------
29451.50
---'--' '''-----
2731.80
-----'--'
7439.50
--''
79.0
OTHER W&8DD
414500 Longevity Pay
244.08
-------
243.75
.%S
99.90
Tot8l OTHER WAGES
244.00
--'----
243.75
------ ----'-' ------------
.25
------
89.90
Total SALARIES & W&Q0G
------------
37135.00
------------
29695.25
------------ ------------ ------------
2731.88
7439.75
------
79.97
EMPLOYEE BENEFITS
GROUP INSURANCE
421100 Health Insurance
3598.00
3298.28
329.82
399.80
91.67
421200 O8DtVl Insurance
232.00
193.20
19.32
38.80
83.28
421308 Life Insurance
79.00
75.08
7.8
3.92
95.04
421400 Disability Insurance
176.00
137.42
13.88
38.58
78.08
Total GROUP INSURANCE
-'-'-'--
4085.00
-''---'
3703.90
-'----' -''----' ------------
370.55
381.10
------
90.67
SOCIAL SECURITY CONTRIBUTIONS
422100 FICA
2841.00
2182.58
200.06
658.43
76.82
Total SOCIAL SECURITY CONTRIBUTIONS
-'--''--
2841.00
------------
3182.58
-----'' ------------
280.06
-----'-
658.42
-'--
76.82
BDTIBQ0B0T CONTRIBUTIONS
423100 IPQDG
2997.00
2356.45
220.46
600.55
79.116
Total BOTIDDMD8T CONTRIBUTIONS
------------
2997.00
----'-'
2396.45
------'- ------------
220.46
--'----
600.55
-- ''
79.96
'iota! DM9LGYDQ BDBDFI7G
------
9923.00
------
828].9]
------ ------
791.07
------
1640.07
---
83.0
Airport Commission Packet
May 17, 2012
OKDK: 85.10.12 11]4:41 Method; 1
Page 19 of 62
Page: 2
Iowa City General Ledger System
FY 2012 8xoeOU8 Reporting
For the period 04.01.12 to 04.30.12
Y7D Period
Account &U0I0gIiat8d Expenditures Expenditures 8nxu0hlaDCe Balance IW Used
'' '''''''-'''''--''-- ''''--'--'''-'''''''--- --''' -' -'''-''--'-' ------------ -'''''--'''' ------------ '-'---'-''-' ------
7600 Airport (CONTINUED)
AIRPORT (CONTINUED)
560100 Airport Operations (CONTINUED)
PROFESSIONAL & TECHNICAL GD8VICD3
OFBICIAL/8DHINGTR&TIVQ GD8VIC&8
431020 Court Costs & Ggrnicou 78.00 -17.00 78.00
Total OFFI INSTD&TD0 SERVICES
PROFESSIONAL SERVICES
432020 8uOoul Audit
432050 Appraisal 88Tvi:8G
432088 Other Professional Services
Total PROFESSIONAL SERVICES
DATA AND COMMUNICATION SERVICES
435056 Delivery 88zviCe8
435057 Couriers
435060 Legal Publications
Total DATA AND COMMUNICATION SERVICES
TRAINING k EDUCATION
436030 Transportation
436050 Registration
436060 Lodging
436070 Miucollaonous Travel Expense
436080 Meals
Total TRAINING &EDUCATIO0
INDDB&0CD
437010 Comp Liability Insurance
437020 Fire & Casualty Insurance
437030 Worker's Comp ID8Ur8DC8
437041 Bonding & Other Insurance
437300 Loss Reserve Payment
Total INSURANCE
------------ ------------
78.00
------------ ------------
'17.00
------------
78.00
------
1203.00
347.24
854.76
38,89
400.08
'400.00
56.63 56.63
'56.63
------ ------
1202.00
------ ------
803.87 56.63
------
398.13
---
66.88
52.UO
13.70
0.30
26.35
85.00
85.00
98.00
26.50
71.50
27.84
------ ------
235.00
------ ------
40.20
------
194.80
---
17.11
700.00
122.10
577.90
17.44
400.00
225.00
175.00
56.25
500.00
231.62
268.38
46.22
30.00
-30.00
200 .00
50M
150.00
25.00
------ ------
1800.80
------ ------
658.72
------
1141.28
---
36.60
4148.00
3950.00
198.00
95.23
12745.00
7153.00
5592.00
56.12
36.00
45.00
'9.00
125.00
901.00
875.00
26.0O
97.11
5150.00
5150.08
100.00
------------ ------------
22980.00
------------ ------------
17173.00
------------
5887.08
------
74.73
EXPE: 05,10.12 11:34:41 Method: 1
Airport Commission Packet
May 17, 2012
Iowa City General Ledger System
FY 2012 Expense Reporting
For the period 04.01.12 to 04.30.12
Page 20 of 62
Page: 3
Total PROFESSIONAL & TECHNICAL SERVICES
REPAIR & MAINTENANCE
BUILDING REPAIR & MAINTENANCE SERVICES
442010 Other Building Repair & Maintena
442020 Structure Repair & Maintenance S
442030 Heating Equipment Repair & Maint
442040 Cooling Equipment Repair & Maint
442060 Electrical & Plumbing Repair & M
442070 Bldg Pest Control Services
Total BUILDING REPAIR & MAINTENANCE SERVICE
EQUIPMENT REPAIR & MAINTENANCE SERVICES
443050 Radio Equipment Repair & Mainten
443060 Telecom Equipment Repair & Maint
443080 Other Equipment Repair & Mainten
Total EQUIPMENT REPAIR & MAINTENANCE SERVIC
TECHNICAL SERVICES
445030 Nursery Service-Lawn and Plant C
445080 Snow and Ice Removal
------------ ------------
58124.00
------------
46293.53
YTD
Period
- - - - --
719,65
12085,00
Account
Appropriated
Expenditures
Expenditures Encumbrance
Balance
I Used
- - - --
-------------------------------------------------------
7600 Airport (CONTINUED)
------------
------------
------------ ------------ ------------
915.00
-
AIRPORT (CONTINUED)
61.00
1000.00
813.32
186.68
560100 Airport Operations (CONTINUED)
1000.00
3808.13
-2808.13
380.81
PROFESSIONAL & TECHNICAL SERVICES (CONTINUED)
339.50
33.95
79.50
81.03
------------ ------------
21004.00
UTILITY SERVICES
------------
1734.95
------------
3658.88
- - - - --
82.58
283.00
1127.414
439010 Stormwater Utility Charges
7104.00
7891.10
789,11
-787.10
111.08
438030 Electricity
12903.00
12804.66
1133.84
98.34
99,24
438070 Heating Fuel/Gas
6489.00
4051.24
118.53
2437.716
62.43
438080 Sewer Utility Charge
1654.00
917.51
183.02
736.49
55.47
438090 Water Utility Charge
1454.00
905.20
158.27
548.80
62.26
438100 Refuse Collection Charges
125330
1004,00
97.00
249.00
80.13
438110 Local Phone Service
907.00
907.00
438120 Long Distance Service
65.00
------------
44.03
------------
5,17
------------ ------------ ------------
20A7
67.74
- - - - --
Total UTILITY SERVICES
31829.00
27617.74
2484.94
4211.26
86,77
Total PROFESSIONAL & TECHNICAL SERVICES
REPAIR & MAINTENANCE
BUILDING REPAIR & MAINTENANCE SERVICES
442010 Other Building Repair & Maintena
442020 Structure Repair & Maintenance S
442030 Heating Equipment Repair & Maint
442040 Cooling Equipment Repair & Maint
442060 Electrical & Plumbing Repair & M
442070 Bldg Pest Control Services
Total BUILDING REPAIR & MAINTENANCE SERVICE
EQUIPMENT REPAIR & MAINTENANCE SERVICES
443050 Radio Equipment Repair & Mainten
443060 Telecom Equipment Repair & Maint
443080 Other Equipment Repair & Mainten
Total EQUIPMENT REPAIR & MAINTENANCE SERVIC
TECHNICAL SERVICES
445030 Nursery Service-Lawn and Plant C
445080 Snow and Ice Removal
------------ ------------
58124.00
------------
46293.53
------------
2524.57
------------
11830.47
- - - - --
719,65
12085,00
8593.24
1651.00
3491.76
71.11
5000.00
287533
50.00
2124.07
57.52
1500.00
915.00
585.00
61.00
1000.00
813.32
186.68
81.33
1000.00
3808.13
-2808.13
380.81
419.00
339.50
33.95
79.50
81.03
------------ ------------
21004.00
------------
17345.12
------------
1734.95
------------
3658.88
- - - - --
82.58
283.00
1127.414
-844.42
398.38
454.00
454.00
5898.00
2196.42
247.00
3701.58
37,24
------------ ------------
6635.00
------------
3323.84
------------
247.00
------------
3311,16
- - - - --
50,10
37080.00 27000.00 4500.00
18540.00 18000.00
10080.00 72.82
540,00 97.09
EXPE: 05.10.12 11:34:41 Method: 1
Airport Commission Packet
May 17, 2012
Iowa City General Ledger System
FY 2012 Expense Reporting
For the period 04.01.12 to 04.30.12
Page 21 of 62
Page: 4
YTD
Period
Account
Appropriated
Expenditures
Expenditures Encumbrance
Balance
'i Used
-------------------------------------------------------
7600 Airport (CONTINUED)
------------
------------
------------ ------------ ------------
- - - - --
AIRPORT (CONTINUED)
560100 Airport Operations (CONTINUED)
REPAIR & MAINTENANCE (CONTINUED)
TECHNICAL SERVICES (CONTINUED)
445110 Testing Services
850.00
595.00
255.00
70.00
445140 Outside Printing
127,00
127.00
Total TECHNICAL SERVICES
------------
56597.00
------------
45595.00
------------ ------------ ------------
4500.00
11002.00
- - - - --
80.56
INTRA-DEPARTMENT SERVICES
446100 City Attorney Chargeback
5233.00
4674.35
558.65
89,32
446130 ITS -PC /Peripheral Support Charge
400.00
1082.00
198.00
-682.00
270,50
4461-40 ITS-Computer Replacement Chargeb
517.00
747.52
101.42
-230,52
144,59
446150 ITS-Application Development Fee
1752,52
198.00
-1752.52
446160 ITS-Network/Internet Chargeback
360.00
450.00
60.00
-90.00
125.00
446200 Photocopying Chargeback
231.00
135.00
8.70
96.00
58.44
446220 Phone Service Chargeback
692.00
85536
82.29
-163,96
123.69
446300 Phone Equipment/Line Chargeback
1020.00
925.00
92.50
95.00
90,69
446320 Mail Chargeback
529.00
247.51
5.46
281.49
46.79
446350 City Vehicle Replacement Chargeb
1439730
13661.20
1363.72
735.80
94.89
446360 City Vehicle Rental Chargeback
500,00
308.21
191.79
61.64
446370 Fuel Chargeback
3669.00
2687.72
476.62
981.28
73.25
446380 Vehicle Repair & Maintenance Cha
15132.00
14621.24
2137.42
510.76
96.62
446390 Auto Body Repair Chargeback
224.00
224.00
Total INTRA-DEPARTMENT SERVICES
------------
42904.00
------------
42148,23
------------ ------------ ------------
4724.13
755.77
- - - - --
98.24
MISCELLANEOUS SERVICES & CHARGES
449055 Permitting Fees
65.60
65.00
100.00
449360 Dues & Memberships
675.00
1175,00
-500.00
174.07
449120 Equipment Rental
754,00
446.00
308.00
59.15
449350 Meals (non-travel)
38.46
-38.46
449360 Interest Expense
60060,00
48231,00
4823,10
11829.00
80.30
Total MISCELLANEOUS SERVICES & CHARGES
------------
61554.00
------------
49955,46
------------ ------------ ------------
4823.10
11598.54
- - - - --
81.16
Total REPAIR & MAINTENANCE
------------
18869430
------------
158367.65
------------ ------------ ------------
16029.18
30326.35
- - - - --
83,93
EXPO: 05]0.12 11:34:4I Method: 1
Airport Commission Packet
May 17, 2012
Iowa City QGORIal Ledger e0
BY 2012 Expense Reporting
For the 0mriOd 04.01.12 to 04.30.12
Page uuof 62
Page: 5
YTD
Period
Account
Appropriated
Expenditures
BrDeDditVr88 EncDm8smCV
------ ------
Balance
------
0 Used
---
---------------------------'
7600 &iro8rt (CONTINUED)
------
------
AIRPORT (CONTINUED)
560108 Airport DD8ra±i0nG (CONTINUED)
OTHER PURCHASED SERVICES (C8&0AQ TO OFFICE GU
QD0QQ&L SUPPLIES
452010 Office Supplies
577.00
571.87
5.13
99.11
452030 Minor Office Equipment/Furniture
279.97
'279.97
Total GENERAL SUPPLIES
------------
577.00
------------
851.84
'-'''-'--''' ------------ ------------
'274.84
------
147.63
BOOKS 6 PERIODICALS
454010 Reference Materials & B0ObS
16.80
16.00
454030 Subscriptions
2099.00
546.00
1553.80
26.01
Total BOOKS G PERIODICALS
-'-----
2115.00
---'----
546.08
------------ -----'-
------
150.00
---
25.82
COMPUTER 6 PRINTING SUPPLIES
455120 Niuc Computer Hardware
2608.00
2154.91
445.00,
82.88
Total COMPUTER 6 PRINTING SUPPLIES
2600,00
______
2154.91
_________ _______
_____ ___
445.09
______
82.88
Total OTHER gUDC8A8QU SERVICES (CHANGE TO OFF
------------
5292.00
------------
3552.75
------------ --------- _ ------
-----
1739.25
------
67.13
ODDR8YI0Q SUPPLIES
AGRICULTURE SUPPLIES
461030 Plants & Trees
000.00
3008.00
461040 Other Agriculture Chemicals
1580.00
100.00
Total AGRICULTURE SUPPLIES
'----'-
4500.00
---'''--
------ ''------
--'--'-
4500.00
----'
REPAIR & MAINTENANCE SUPPLIES
466030 Paint Ounuli8G
23.00
23.00
466040 Plumbing Supplies
20.88
'20.88
466050 Electrical Supplies
1066.00
80.77
251.8
207.23
80.56
466060 Other CVuDLrnCtloo 8ogDlie8
119.00
119.08
466070 Other Maintenance Supplies
200.08
737.20
5.]]
-537.20
368.60
Total REPAIR 6 N&I0TD0A0CD GOgD6IO3
'--'---
1408.00
----'--
1616.85
------' ---'---
256.47
-------
-208.85
'''-
114.0
Airport Commission Packet
May 17, 2012
DX9D: 05.10.12 1I:34:41 Method: l
Page uaof 62
Page: 6
Iowa City General Ledger System
FY 2012 DxyooGe Reporting
For the period 04.01.12 to 04.30.12
YTD Period
Account Appropriated Expenditures DoD8ndituI8B DOcu0UraDOR Balance t Used
- --- --'---''------'------------ --''---- -----' ------------ ------------ ---------'--
7600 Airport (CONTINUED)
AIRPORT |CO0TINU8D)
560108 Airport Operations (CONTINUED)
OPERATING SUPPLIES (CONTINUED)
Q0OIQNDNT REPAIR & MAINTENANCE SUPPLIES
467160 Other Vehicle Repair 6 MaiuLenau 58.02 8.82 '58.02
Total EQUIPMENT 8DQAI8 & MAINTENANCE SUPgLI
SURFACING MATERIALS
468030 Asphalt
468050 Sand
TOtal SURFACING M&TQDI8�S
OTHER SUPPLIES 6 EQUIPMENT
469040 TraffiC Control Improvement SVpD
469190 0iuVz Equipment
469201, Tools
469260 Fire Ext 6 Refills
469320 Miscellaneous 8oypliC8
Total OTHER SUPPLIES & EQUIPMENT
Total OPERATING SUPPLIES
IMPROVEMENTS OTHER THAN BUILDING
IKRD0V&MD0TG OTHER THAN BUILDING (QKD&TQD
473010 Contracted Improvements
47302O HVO'C0Vtc8CtPd ImDrOv808DtG
------------ ------------ ------------ ------------ ------------ ------
58.02 8.82 -58.03
103,00
26.55
103.00
-26.B
------ ------
103.00
------ ------
28.55
------
76.45
---
35.78
138.00
138.00
324.00
'324.00
76.00
581.17
'505.17
764.70
466.00
655.55
-189.55
140.68
552.00
260.22
291.78
47.14
------------ ------------
1232.00
------------ ------------
1820.94
------------
-588.94
------
147.80
------ ------
7243.00
------ ------
3522.}6 265.29
- -----
]?20.64
---
48.63
70008.00 17100.00
9000.00 2822.80
2900.00 85.50
6178.01 31.36
------ ------ ------ ------ ------ ---
Total IMPROVEMENTS 0T8D8 THAN BUILDING 29000.00 19922.08 9078.80 68.70
EQUIPMENT & FURNITURE
VEHICULAR EQUIPMENT (GREATER THAN $1,000)
474240 Tractors 4990.00 4990.00
'-'' --'' -- '---''----'' ---'--'-'--- ''--'-'-'''- '''''-'''-'' ------
Total VEHICULAR EQUIPMENT (gBDKEK THAN $1. 4990.00 '4990.00
Airport Commission Packet
May 17, 2012
EXBD; 05.10.12 11:34:41 Method: 1
Page u4of 62
Pa«u: 7
Iowa City General Ledger System
FY 2012 Expense Reporting
For the period 04.81.12 to 04.I0.12
YTD Period
Account Appropriated Expenditures Expenditures Encumbrance Balance I Used
''' -----'----- -''----------'---- ------'' ------------ ''----- --'--''' ''----- ----
7600 &irRncL (CONTINUED)
AIRPORT (CONTINUED)
560180 &irgVzL Operations (CONTINUED)
EQUIPMENT & FURNITURE (CONTINUED)
FURNITURE & FIXTURES (GREATER THAN $1.000)
475010 Furniture & Office Oguig08ot 3879.08 -3879.08
Total FURNITURE & FIXTURES (GREATER THAN $1
IT 8&DDN&DD/0}FTWADB (GREATER THAN $l,OOO)
476070 PC 88r8maIe
Total IT HARDWARE/SOFTWARE (88E&TDB THAN $l
Total EQUIPMENT 8 FURNITURE
OTHER FINANCIAL USED
490150 Operating Subsidy
490190 Ioturfoud Loan
Total OTHER FINANCIAL USES
Total Airport Operations
Total Airport
------------ ------------
------------
------------
------------
3879.08
-3879.08
------
5026.81
-5025.81
------ ------
------
5025.81
------
------
'5025.81
---
------------ ------------
------------
10015.81
------------
------------
3879.08
'13894.89
------
11517.00
9597.50
953.75
1919.50
0.33
45236.00
36568.20
3656,82
8667.83
80.84
------' ------
56753.00
------
4618.70
------
4616.57
------
0587.30
---
81.34
------------ ------------
393164.00
------------
325817.98
------------
26958.48
------------
3879.08
62466.94
------
84.07
------------ ------------
392164.00
------------
325817.98
------------
26958.48
------------
079.08
62466.94
------
84.07
Airport Commission Packet
May 17, 2012 Page 25 of 62
EXPE: 05.10,12 11:14-41 Method: I Page; 8
Iowa City General Ledger System
FY 2012 Expense Reporting
For the period 04.01,12 to 04.30.12
YTD Period
Account Appropriated Expenditures Expenditures Encumbrance Balance t Used
----------------------------------------------- ------------ ------------ ------------ ------------ ------------ - - - - --
7600 Airport (CONTINUED)
AIRPORT (CONTINUED)
560100 Airport Operations (CONTINUED)
OTHER FINANCIAL USES (CONTINUED)
------------ ------------ ------------ ------------ ------------ - - - - --
GRAND TOTAL 392164.00 325817.98 26958.48 3879.98 62466.94 84.07
Airport Commission Packet
May 17.0010 Page uoorou
TRID: 05.10.12 11|35!45 Method: 4 Page! l
Iowa City General Ledger System
Expenditures Detail
KY 2012 Detail Reporting
For the period 04.01.12 t0 04.20.12
�ruoa Date Trans %vpg Report Source Description Debit Credit
7600 Airport
560100 &izpOzt Operations
4120O0 Perm Part Time
04.06,12 Old Sys 13040401OU09
04.20.12 Old Sys 120418010010
Total D9Im Part Time
413000 Temporary Employees
04.06.12 Old Sys
Intxl Temporary Employees
421.108 883ltb Insurance
04.09.12 Journal
Total Health Insurance
421200 Dental Insurance
04.09.12 Journal
506097 C PAYROLL RBCAP\D&YDOLL 06 1334.40
06223\CIC PAYROLL RDC6P\V&YDOLL 30 1334.40
------------
2668.80
120404010009 506097\CIC PAYROLL RDQ0 06 63.00
____________
Q.08
120428104815 010009 APR DO<8 IN0DU&0CQ\CI[ HEALTH D0 329.82
------------
]29.82
130418104815 010008 APR DENTAL IN8U8&NCQ\CIC DENTAL I08 19.37
Total Dental Insurance 19.32
42100 Life IuBxrauCo
04.10.12 New Vouch 12842103001 06786611 CheCk:0034\MADISO& NATIONAL LIFE
Total Life Insurance
421400 Disability Insurance
04.MI2 New Vouch 1204110]00]1 06706711 CbeCb:707053\M&DIGO0 NATIONAL LIFE
Total Disability Insurance
422100 FICA
04.06.12
Old
Sys
120404018O09
0&28.12
08
Sys
120418010010
Total FICA
423100 IPbRV
04.06.12
Old
8vG
120404010009
04,20.12
Old
Sys
12D418010010
4060599\yICA6CITY CONTRIBUTION
4200599\FICA\CITY CONTRIBUTION
4060599\IP0OG\CZTY CONTRIBUTION
4200599\IPERS\CITY CONTRIBUTION
?.B
_____________
iB
l3.88
____________
1].88
102.44
97.6%
_____________
200.06
1l2.??
107.60,
Airport Commission Packet
May 17.0010 Page urorou
TRIU: 05.10.12 I1:35:45 Method! 4 Page: 1
Iowa City General Ledger System
Expenditures Detail
PY 2012 Detail Reporting
For the period 04.01.12 to 04.0.12
Trans Date Trans Type Rep0±# 8QUrC8 Description Debit Credit
----------- ---------- ------------ -------- ----------------------------------- ------------ ------------
7600 Airport (CONTINUED)
560100 Airport Operations (CONTINUED)
423108 IDQR8 (CONTINUED)
Total
IDERS
------------
220.46
431020
Court Costs & Services
04.82.12 Ni8c Dymt
12040918315
70-12\NQ8SJO0 LAW FI8H\&IRVOKT LAND
------------
17.00
------------
Total
Court Costs & 3GmiC8G
l?.00
432080
Other Professional Services
84.17.13 New VVVCb
120418030010
06787101
CheCb/707151\800E&LG\MADCH GOV DDA
56.63
Total
Other Professional Services
------------
_________
56.63
43801-0
StOrmwat8l Utility Charges
04.18.12 Journal
120418104815
0I0010
057'096-0\87O8NWTD\4.13.12 Bill Da
789.11
Total
StOImwaCer Utility Charges
_______
________
789.11
43800
Electricity
04.24.12 New VVnCb
120426030107
00900110
Check:910807 ID8MQRIC&N
ENERGY \180
103.96
0424.12 New Vouch
120426030107
00900162
Chedk:910007\NIDAMD8ICA0
ENERGY \180
737.37
04.24.12 New VO8Cb
120426030107
009SU163
ChmOb:910007\NID&WQDICAN
O0ODQI\I80
54.68
04.24.12 New Vouch
12042608107
00900165
CheCk:910007\MID&NQBICA0
O0DRQY\180
237.83
-otul
Electricity
--''--'-
------------
1133.84
438070
Heating Fuel/Gas
04.24.12 New Vouch
1204260007
00900126
CbVCi:910007 ID&HD8IC&0
D0QRGY\180
17.61
04.24.12 New Vouch
120426030107
00900149
Cbeok:910007\MIO8M80C80
QBDBQY\188
67.40
04.24.12 New Vouch
12006030107
00900164
Cb8Ck:910007\MID&MODIC&0
DNE8Gy\I80
33.52
Total
Heat �Dg Fuel/Gas
------'
''---'-'-'
118.8
438080
Sewer Utility Charge
04.18.12 Journal
120418104815
010010
057-115 00\DDNDB\&.l8.12
Bill Date
123.86
04.18.12 Journal
120418104815
010010
057'117'00\SDBQR\4.18.I2
Bill D8L8
16.13
04.18.12 Journal
120418104815
010010
057-118'03\SDW88\4.18.12
Dill Date
28.12
04.18.12 Journal
130410I04815
0I0010
057'10-00\S0JB8\4.18.12
Dill Date
22.91
Airport Commission Packet
May 17.0010 Page ueorou
78I ; 05.10.12 11!35:45 Method; 4 Pane: 3
Iowa City General Ledger SY8tg@
Expenditures Detail
FY 2012 Detail Reporting
For the period 04.01.12 to 04.30.12
Trans Qa\o Trans Type Report Source Description Debit Credit
------ ----- ------ ---- ------------------ ------ ------
7600 Airport "CONTINUED)
560100 Airport Operations (CONTINUED)
438080 Sewer Utility Charge (CONTINUED)
Total
Sewer Utility Charge
------------
183.02
438090
Water Utility Charge
04.18.12 Journal 120418104815
010010
057-095'0 R8T8D 4.18.l% Bill Date
9.85
04.18.12 Journal 120418104815
010010
057'115-00\W8T8B\4.18.12 Bill Date
10.18
04.18.12 Journal 120418104815
010010
057'117-00\W&T8B\4.18.12 Bill Date
12.39
04.18.12 Journal l20418104815
010810
057'118-03 W&TQD 4.18.12 Bill Date
15.38
04.18.12 Journal 120418I04815
010010
057'120'00\W&TE8\4.18.12 Bill Date
17.47
Total
water Utility Charge
--^'-'----'---''—
158.27
438108
8Bf8Q8 Collection Charges
04.18.12 New 7UuCb 120411030031
06786499
Cb8Cb:706868\&3C DISPOSAL SYSTEMS I
69.00
04.18.12 New VUUCb I20411030031
06786508
Ckeck:706868\&8C DISPOSAL SYSTEMS I
38.00
Total
Refuse Collection Charges
---'--'------------
97.00
40128
Long DiaLouoe 800due
114.01.12 Pb Lon D0L 120501I02729
00004019
APR LONG DI8T C8QBK
5.17
Total
LODo Distance G8odC8
------------
5.17
442010
Other Building Repair & Maintenance 88r
04.04.12 New Vouch 120405030049
06786296
Checb:706726 T 6 K ROOFING & D8DQT
276.00
04.11.I2 New VnnCb 120412030104
06786860
Cbo:b:706922\JOT AIR INC I0R\CLDA8I
500.00
04.17.12 New Vouch 12041800010
06787127
Check:707175\CYNCH DR0%B8RS D&IN7DV
875.00
Total
Other Building Repair & Maintenance D8rvi
------------
101.00
442030
UtrutCOI8 B8Daiz & Maintenance 3eodooa
04.21.12 P-Card 120503151855
18700391
0EC*U%I8 DLQY&TOG 0\JU0D G&G87
50.00
Total
Structure Repair 6 Maintenance Services
_________
________
59.00
442070
Bldg Pest Control 8ezvioo:
04.18.12 New Vouch 120419030050
86787210
Cbeck:707288\00%DYE QO8T CONTROL I
33.95
Airport Commission Packet
May 17.0010 Page ueorou
'RID: 05.10.12 11:35:45 08ibOd: 4 Page: 4
Iowa City General Ledger System
Expenditures Detail
BY 20l2 Detail Reporting
For the period 04.01.12 to 04.30.12
Trans Date Trans Trn8 86VVrt# Source Description Debit Credit
----------- ---------- ------------ -------- ----------------------------------- ------------ ------------
7600 Airport (CONTINUED)
560100 Airport Operations (CONTINUED)
Total Bldg Pest Control Services
443080 Other Equipment Repair G M8iuL8uunCe So
04.04.12 New Vouch 12040500049 06786291 Cheok:706717\8BNECk C0MPANIDG\JQT A
Total Other Equipment Repair & Maintenance S8Iv
445U30 Nursery Service-Lawn and Plant Care
04.11.I2 New VVDCU 120412030104 06786861 CbeCb:70022\JDT AIR INC IOW\0AINT
Total Nursery Service-Lawn and Plant Care
446130 ITS-PC/Peripheral 88pVOlt Cb8[gebaVk
04.30.12 IT Support 120507145228 00004024 &QB PC AND ALPHA SUP
Total ITS-PC/Peripheral Support CbaIg8haCk
446148 ITS-Computer Replacement Cbargeback
04.01.13 IT B8Dl 120405124504 00004025 &DD ITS DDD6 C8gQCK
Total ITS-Computer Replacement CbargVback
446150 !TS-Application Development Fee Chuzg8h
04.30.12 IT Support 120507145228 00004024 &DD ITS 8QRV/DQV/TD0
Total ITS-Application Development Fee CbVrgeb3c
446160 ITS-Network/Internet Cbu[geback
04.01.12 IT Iot/0wk 12040050505 00004031 &y8 ITS 0BTW/I0T803T
Total ITG'Netwo[b/IOteIn8C ChaIq8baOk
446300 Photocopying CbargeDack
04.01.I2 Copier Chm 120427182028 00400042 0&R PHOTOCOPY C8&KQD
Total Photocopying CbargebaCk
446220 ybOu8 Service Cbarg8b3ob
04.30.12 OweGt Chzg 12050308I359 00804032 &Dz Telecom Charges
------------
3].95
247,00
-----`^ ------
247 .00
4500.00
------------
4500.00
198.00
____________
198.00
101.42
------------
101.42
198.00
------------
188.00
0.08
------------
60.00
8.70
____________
8.70
82.%9
Airport Commission Packet
May 17.0010 Page aoorou
TRID: 05.10.12 11:35:45 Method; 4 Page: 5
IoWa City General Ledger System
DroeudiLUIeG Detail
Py 2012 O8L3il Reporting
For the period 04.01.12 to 04.30.12
Trans Date Trans Type Report Source Description Debit Credit
------ ----- ------ ---- ------------------ ------ ------
7600 Airport (CONTINUED)
560100 Airport Operations (CONTINUED)
Total Phone Service
446300 Phone Equipment/Line Charonbaok
0431.I2 Pb EquiV0t 120501102729 08004018 &DB Y80N EQUIP C8GBK
Total BbVoe Equipment/Line Cbazgeback
446320 Mail CbargeUauk
04.01.12 Mail 12841]115]49 0040001 MAR POSTAL CHARGES
Total Mail CbaIq8b8Cb
446350 City Vehicle Replacement Chargebacb
04.30.12 DU 8eDl 1205021lU940 00004006 APR REPLACEMENT COST
Total City Vehicle Replacement Cb8rgeb0Ck
446370 Duel CbKlgHhaCk
04.30.12 8Q Div 120502110940 00004008 &gD DIVISION FUEL
To-.al YuVI Cbarg8back
44888 Vehicle Repair & Maintenance CbazDcbnck
04.3U.I2 QU Div 120502110940 00004008 APO DIVISION SERVICE
Total Vehicle Repair & Maintenance Chazoebank
449368 Interest Qxo8u8C
04.30.I2 JnozoOl
120418104815 010004
Corp Hangar Loan Iub&pz Iotezfuod
04.30.12 Journal
10418104815 010004
DI Ba4g8z Loan
Iot r Iut8rfVud Lo
04.30.I2 Journal
13041810405 010004
8D T'8uor Loan
IuL\&Dz IDtprfund lo
04.30.I2 Journal
120418104815 010004
SW T-Bugr Loan
IDt\&DI IuL9IfnDd Lo
Total Interest Expense
466850 Electrical 3onolieG
04.11.12 New 7O0c&
Total Electrical Supplies
------------
82.29
92.50
------------ ------------
92.50
5.46
------------
5.&6
1]6].72
------------
1363,72
4?6.6%
------------
06.62
2l]7.42
____________
2l37.&2
1770.03
1254.57
9]0.86
80.64
____________
4823,10
1204120CI04 06786862 Check:706922\JDT &I8 INC INN\M0INT 251.15
____________
251.119
Airport Commission Packet
May 17.0010 Page 31 of 62
%8ID: 05.I0]2 11:35!43 Method: 4 Page: 6
Iowa City General Ledger System
0xpeod1tnzao Detail
PY 2012 Detail Reporting
For the period 04.01.12 to 04.30.12
Trans Date Trans Type BopPct#
Source
Description
Debit Credit
-----' ----- ------
7600 Airport (CONTINUED)
----
------------------
------
------
560100 Airport Operations (CONTINUED)
466070 Other Maintenance Supplies
04.1I.13 New Vouch 120412030104
06786862
CbgCk:706922\JQT AIR INC
IOW\0AI0T
5.32
Total Other Maintenance Supplies
------------
''''—''—''
5.32
467160 Other Vehicle Repair 6 Maintenance Gupp
04.11.12 New VVVXb 12041200104
06786862
Cb8Ck:706922\JDT AIR INC
ION\@&I0T
8.82
Total Other Vehicle Repair 6 Maintenance Supyli
______
_______
8.82
490150 Operating Subsidy
04.38.12 Journal 120418104815
010000
Airport 19 OD COVr8\&Ur
Budgeted 0
959.75
Total Operating Subsidy
_____
_ ____ ___
959.75
490190 Ioterfumd Loan
04.30.12 Journal 120418104815
810004
Corp Hangar Loan D%n r
InterfVod
1229.97
04.0.12 Journal I20418104815
010004
UI Hangar Loan DrioC\&pz
IDtezfuud
11I6.95
04.30.12 Journal I28418104815
010004
SE T'8ogI Loan PrinC\8Dr
IDterfUDd
727.54
04.30.I2 Journal 120418104815
010004
8R %'UDgr Ludu Priuc\8yr
Iutgzfuud
562.36
Total Iot8rfnDd Loan
------
------------
3656.82
Total Airport Operations
------------
26975.48 17.00
Airport Commission Packet
May 17.0010 Page auorou
YRID� 05.10.12 11:35:45 Method: 4 Page: 7
IOn8 City General Ledger System
Expenditures Detail
;Y 2012 Detail D8pu/LiDq
For the period 04.01.12 to 04.30.12
Trans Date Trans Type Report Source Description Debit Credit
------ ----- ------ ---- -----------------' ------ ------
7600 Airport (CONTINUED)
560100 Airport Operations (CONTINUED)
490190 IuCezƒuod Loan (CONTINUED)
____________
Total Airport 26975.48 17.00
Airport Commission Packet
May 17.0010 Page nnv,no
TRIO; 05.18]2 11S5:45 Method; 4 Page; 8
Im@ City General Ledger System
EzDVnditureo Detail
KY 2U12 Detail Reporting
For the period 04.01.12 to 04.0.12
Trans Date Trans Type De$Vrt# Source Description Debit Credit
----------- ---------- ------------ -------- ----------------------------------- ------------ ------------
7600 Airport (C00TI0UED)
560100 Airport 8oezatiOoe (CONTINUED)
490190 IoterIuud Loan (CONTINUED]
------------
a� g8&0D TOTAL 2075.48 17.00
============
Airport Commission Packet
May 17, 2012 Page 34 of 62
TRID: 05.10.12 11,36;01 Methods 4 Page: I
Iowa City General Ledger System
Revenues Detail
FY 2012 Detail Reporting
For the period 04.01.12 to 04.30.12
Trans Date Trans Type Report# Source Description Debit Credit
----- - - - - -- ---- - - - - -- ------ - - - - -- -- - - - - -- ----------------------------- - - - - -- ------ - - - - -- ------ - - - - --
7600 Airport
560100 Airport Operations
369100 Reimb of Expenses
04.03.12 Misc Pymt 120403094743 1- 119�MIDAMERICAN ENERGY`REBATE NOR 3080.52
Total Reimb of Expenses
381100 Interest on Investments
04.30.12
Allocation
120508162401
Apr interest allocation
Total Interest on
Investments
382130 Land Rental
04.03.12
Misc Pymt
120412142455
70- 11�ARMY
RESERVE�AIRPORT LEASE
04.09.12
Misc Pymt
120425143300
70- 11jARMY
RESERVES \AIRPORT LEASE -
04.10.12
Payment
120410094940
00021694 1- 38`BELL
LARRY & SANDRA�PAYMENT
Total Land Rental
382200 Building /Room Rental
04.02.12 Payment
04.02.12 Payment
04.02.12 Payment
04.03.12 Payment
04,03.12 Payment
04.03.12 Payment
04.03.12 Payment
04.03,12 Payment
04.04.12 Payment
04.04.12 Payment
0434.12 Payment
04.05.12 Payment
04.05.12 Payment
0435.12 Payment
04.05.12 Payment
04.06.12 Payment
04,06,12 Payment
04.06.12 Payment
120402094434 00021629 2- 18�BUTLBR JOHN\APR 12`HANGAR #36
120402094434 00021629 2 -18 \BUTLER JOHN\APR 12�HANGAR #37
120402094434 00021707 2- 17EPOLASKI MICHAEL \APR 12 \HANGAR
120403094738 00021471 2 -25 \NE IA PHYS THERPY ASSOC \MAR 12
120403094738 00021623 2- 24\HALL ROBERT\APR 12\HANGAR #6
120403094738 00021623 2- 24�HALL ROBERT \APR 12\HANGAR #12
120403094738 00021638 2 -25\NE IA PHYS THERPY ASSOC`APR 12
120103094738 00021666 2- 23`POWERS ROBERT \APR 12 \HANGAR #
120404092959 00021586 2- 19`FIELD HOWARD\APR 12\HANGAR #5
120404092959 00021591 2- 10\ANDERSEN JASON\APR 12\HANGAR
120404092959 00021591 2- 10`ANDERSEN JASONjAPR 12 \HANGAR
120405094700 00021601 2- 13�CARE AMBULANCE\APR 12\OFFICE
120405094700 00021617 2- 16\PITTON MIKE\APR 12\HANGAR #26
120405094700 00021630 2- 14 \HARTWIG RANDY \APR 12\HANGAR #
120405094700 00021636 2- 10\LACINA DAVE�APR 12�HANGAR #57
120406091649 00021620 2- 25 \RANBY CHARLES`APR 12 \HANGAR #
120406091649 00021628 2- 22\MASCARI RICK\APR 12\HANGAR #3
120406091649 00021667 2- 9,OPERATOR PERFORMANCE LAB\APR 12
------ - - - - -- ------ - - - - --
3080,52
172.60
------ - - - - -- ------------
172.60
350.00
350.00
300.00
------ - - - - -- ------ - - - - --
1003.00
172.00
172.00
151,00
202,00
144.00
151.00
202,00
144.00
172.00
144.00
144.00
100,00
151.00
172.00
202.00
144.00
151.00
4038.00
Airport Commission Packet
May 17, 2012
"'RID: 05.10.12 11!36:01 Method; 4
Page 35 of 62
Page: 2
Iowa City General
Ledger System
Revenues
Detail
PY 2012 Detail
Reporting
For the period 04.01.12
to 04,30.12
Trans Date
Trans Type
Report#
Source
Description Debit
------------
Credit
------ - - - - --
-----------
7600 Airport (CONTINUED!
----------
------------
--------
-----------------------------------
560I00 Airport Operations
(CONTINUED)
382200 Building/Room
Rental (CONTINUED)
04.06,12
Payment
120406091649
00021667
2-9\OPERATOR PERFORMANCE LAB\APR 12
615.00
04.09.12
Payment
120409092856
00021624
2-9\BULGARELLI DAVID\APR 12\HANGAR
151.00
04.09.12
Payment
120409092856
00021633
2-8\SCRMEISER RUSS\APR 12\HANGAR #
209.00
04.10.12
Payment
120410094940
00021585
1-43\ODGAARD JACOB\APR 12\HANGAR #
151.00
04.10.12
Payment
120410094940
00021590
1-39\FULLER SCOTT\APR 12\HANGAR #3
172.00
04.10.12
Payment
120410094940
00021618
1-53\DEMARIA JOSEPH\APR 12\HANGAR
151.00
04.11.12
Payment
120411092212
N021608
2-15\RUYLE JOHN\APR 12\HANGAR #33
358.00
04,11.12
Payment
120411092212
00021622
2-12\BULLERS JONATHAN\APR 12\HANGA
144.00
04,11.12
Payment
120411092212
00021641
2-11\ZUBROD ROY\APR 12\HANGAR #20
151.00
04.12.12
Payment
120412091423
00021664
2-5\JET AIR INC\APR 12\BUTLDINGS D
4287.00
04.12,12
Payment
120412091423
00021676
2-5\JET AIR\APR 12\HANGAR #60
178,00
04.12.12
Payment
120412091423
00021676
2-5\JET AIR\APR 12\HANGAR #59
178.00
04,17.12
Payment
120417094024
00021237
1-43\FULL JERRY\FRB 12\HANGAR #45
204,00
04.17.12
Payment
120417094024
00021640
1-41\CHALKLEY BEN\APR 12\HANGAR #1
151.00
04.17.12
Payment
120417094024
00021703
1-38\ROHR BRIAN\APR 12\HANGAR #27
151.00
04.19.12
Payment
120419110426
00021458
9-2\IOWAAERO\MAR 12\HANGAR #43
172.00
04,19.12
Payment
120419110426
000210625
9-1\IOWAAERO\APR 12\HANGAR #43
172.00
04.20.12
Payment
120420120404
00020232
89-28\DOUGLAS BRIAN\SEP 11\HANGAR
141.00
04.20.12
Payment
120420120404
00021583
89-1\MILLER RICHARD\APR 12\HANGAR
172,00
04.20.12
Payment
120420120404
00021600
89-6\YARADA THORU\APR 12\HANGAR #2
151.00
04,20,12
Payment
120420120404
00021606
89-8\HINCKLEY HARRY\APR 12\HANGAR
404.00
04,20.12
Payment
120420120404
00021606
89-8\HINCKLEY HARRY\APR 12\HANGAR
144.00
04.20.12
Payment
120420120404
00021609
89-9\VOS JEREMY\APR 12\HARNGAR #64
196.00
04.20.12
Payment
120420120404
00021634
89-10\FISHBAUGH JUSTIN\APR 12\HANG
178.00
04.20.12
Payment
120420120404
00021637
89-11\PATTSCHULL RICHARD\APR 12\Hk
234,00
04.20.12
Payment
120420120404
00021639
89-12\ALLENDER PATRICK\APR 12\HANG
172.00
04.20.12
Payment
120420120404
00021652
89-14\EDMONDS TERRY\APR 12\HANGAR
320.00
04,20.12
Payment
120420120404
00021660
89-18%UADRONS UP\APR 12\HANGAR #5
172.00
04.20,12
Payment
120420120404
00021662
89-19\GURNETT DON\APR 12\HANGAR #3
310,00
04.20.12
Payment
120420120404
00021669
89-20\SINGLRTARY ROBERT\APR 12\HAN
144,00
04.20,12
Payment
120420120404
00021677
89-22\SWANSON NkOMI\APR 12\HANGER
144,00
04.20.12
Payment
120420120404
00021698
89-27\COHN GARY\APR 12\HANGAR #41
172.00
Airport Commission Packet
May 17.0010 Page aoorou
T8I : 06.1.0.12 11'36:02 Method: 4 Page: 3
Iowa City General r GYRt80
Revenues Detail
FY 2012 Detail D8DOziioy
For the period 04.0I,12 to 04.30.12
Trans Date
-----`
Trans Type
-----
DepOrt#
------
GVozce
----
Description
-----------------` ~~-----
Debit credit
------
7600 Airport (CONTINUED)
560100 Airport Operations
(CONTINUED)
382208 Building/Boom
Rental (CONTINUED)
04.20.12
Payment
120428120404
00821701
89-30\MQ&DD JAMES 0\AyR 12\8&08&B
172.08
04.24.13
Payment
130424090709
000202]]
2'9\DOOGLAS BRI&N\8BV 11\8&0G&D #9
141.00
04.26.12
Payment
120426091547
00031877
2'5\83MDI8ER RUSG\M&Y I2\O&N8&R #
209.00
04.30.I2
Payment
120430091833
00021857
1'24 8BUNLDY JAMQ3\M&Y 12\8&0G&D #
151.00
04.0.12
Payment
12043009103
8002I865
1'22\8C80QLL T00\M&9 12\8ANG&8 #62
178.00
04.30.I2
Payment
I30430091833
00021911
1'21\STD&DN&0\NAY 12\O&0QAD #47
1?2.00
04.30.I2
Payment
12043009103
00021915
1-26\DO0083 Q8DG\@&Y 12\3&N8AB #51
172.00
Building/Room Rental
384200 YoodiuO 0aCbiu8 Comm
04.2513 Mi8C Dya¢ 120425891301
Total Vending Machine Comm
384900 Other Commissions
04.16.12 Ni8O Pvmt I20416094941
Total Other CV00iDDi8DG
392100 Sale of Land
04.03.12 @i8C Py0t 120409153315
Total Sale of Land
393120 General Levy
04]0.I2
Total General Levy
Total Airport Operations
------------
141.00 18459.00
2'4\T8Q AMERICAN BOTTLING C0\VQNDDy 7.20
____________
7.%0
2'8\O>QR0 AVIATION FU%[ UMAQ12 Q& 2391.00
------------
2391.00
70'12 LAW FIRM\G&L8 OF &IDP 400000.00
____________
4088U0.00
Journal 120418104815 010000 Ptax to Airport�Apr Budgeted Operat
0]].3]
------------
8333.33
____________
141.00 433443.65
Airport Commission Packet
May 17.0010 Page arorou
78TD: 05.10.12 11;36;02 Method; 4 Page: 4
Iowa City General Ledger System
K6v8DV8D Detail
FY 2012 Detail RVDOrLiuy
For the period 84.01.12 LO 04.30.12
Trans Date Trans Type Report# Source Description Debit Credit
----------- ---------- ------------ -------- ----------------------------------- ------------ --- --------
7600 Airport ([DBTI03DD)
560100 Airport Operations (CONTINUED)
------------
Total Airport 141.00 433443.65
Airport Commission Packet
May 17.0010 Page aeorou
IRID: 05.10.12 11:36:0 Method: 4 Page: 5
Iowa City General Ledger System
ueveuo8D Detail
FY 2012 Detail Reporting
For the period 04.01.12 to 04.30.12
Trans Date Trans TvD8 Dep0zt# G0ucCe Description Debit Credit
------ ----- ------ ---- -----------------' ------ -----^~
7600 Airport (CONTINUED)
560100 Airport Operations (CONTINUED)
------------
e�
GRAND TOTAL 141.00 433443.65
============
Airport Commission Packet
May 17, 2012
Page 39 of 62
Prepared by: Michael Tharp, Operations Specialist, 1801 S. Riverside Dr. Iowa City. I 52246 (3 19) 350 5045
RESOLUTION NO.
RESOLUTION AUTHORIZING THE CHAIRPERSON TO EXECUTE AND THE
SECRETARY TO ATTEST TO A LAND LEASE BETWEEN THE AIRPORT
COMMISSION OF THE CITY OF IOWA CITY, IOWA, AND JET AIR, INC.
WHEREAS, the Airport Commission of the City of Iowa City has negotiated a lease with Jet
Air, Inc. for land as east of Hangar H to construct a hangar; and
WHEREAS, the Commission finds the proposed lease to be proper and in the best interest of the
Iowa City Municipal Airport;
WHEREAS, a public hearing was held on May 17, 2012 on the proposed lease; and,
WHEREAS, the term of the lease shall be from June l,. 2012 through 31 May, 2042.
NOW, THEREFORE, BE IT RESOLVED BYU THE AIRPORT COMMISSION OF THE
CITY OF IOWA CITY:
1. That the proposed land lease is hereby approved.
2. That the Chairperson is directed and authorized to execute and the Secretary to attest to
the land lease between the Airport Commission and Jet Air, Inc.
It was moved by and seconded by
and upon roll call there were:
Ayes
Passed and approved this
CHAIRPERSON
ATTEST:
SECRETARY
Nays
day of
2012.
the Resolution be adopted,
Absent
Assouline
Gardinier
Horan
Mascari
Approved By:
City Attorney's Office
Airport Commission Packet
May 17, 2012 Page 40 of 62
IOWA CITY MUNICIPAL AIRPORT
GROUND /HANGAR LEASE
This Ground /Hangar Lease (the "Lease ") is made as of the day of
2012, by and between the Iowa City Airport Commission, having a
principal business address at 1801 S. Riverside Drive, Iowa City, IA 52240 ( "Landlord ") and Jet
Air, Inc. ( "Tenant ").
RECITALS
A. The City of Iowa City is the owner of fee title to premises situated in the City of
Iowa City, State of Iowa, commonly known as the Iowa City Municipal Airport. Landlord has the
authority to lease ground.
B. Tenant is Jet Air, Inc.
C. The parties desire to enter into a ground lease pursuant to which Landlord will
lease an unimproved portion of the Iowa City Municipal Airport as depicted on Exhibit A (the
"Leased Premises ") for the purposes of construction an aircraft storage hangar and associated
apron.
D. Tenant has indicated a willingness and ability to properly keep, maintain, and
improve said ground in accordance with standards established by Landlord, if granted a lease of
sufficient term on said ground area.
In consideration of the foregoing and the mutual covenants hereinafter contained, and
for other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged by the parties, Landlord and Tenant hereby agree as follows:
ARTICLE I
GRANT
1.01 Grant. Landlord hereby leases to Tenant the Leased Premises in accordance
with the terms and conditions hereinafter set forth.
ARTICLE II
CONDITION
2.01 Condition of Leased Premises. Tenant is taking possession of the Leased
Premises in an "as -is" condition as of the execution and delivery of this Lease. Landlord shall
have no obligation to perform any improvements, alterations, additions, repairs or replacements
thereto except those specifically defined in this lease.
Airport Commission Packet
May 17, 2012 Page 41 of 62
ARTICLE III
TERM
3.01 Initial Term. The term of this Lease shall commence on June 1, 2012 (the "Lease
Commencement Date ") and shall continue thereafter until May 31, 2042 (the "Term) unless
sooner terminated as provided herein.
3.02 Options to Renew. There are no options to renew included in this lease
ARTICLE IV
RENT AND UTILITIES
4.01 Annual Base Rent. Commencing on June 1, 2012 and continuing on the first day
of each succeeding month, Tenant shall pay to Landlord, at the address specified in Section
17.05, or at such other place as Landlord may from time to time hereinafter designate to Tenant
in writing, annual rent ( "Annual Base Rent ") as follows:
Annual Base Rent: $.20 per square foot per year. For the period of June 1, 2012 — May
30, 2017. $1280 per year, payable monthly with payments due on the first day of the month.
$106.67 is due each month beginning June 1, 2012
Beginning June 1 2017, and every 5 years following the Annual Base Rent shall be
computed as follows: Annual Base Rent + CPI escalator as further defined.
(a) Definitions. For purposes of this provision, the following definitions shall apply:
(1) the term "Consumer Price Index" or "CPI" shall mean the U.S. Bureau of
Labor Statistics Consumer Price Index for all Urban Consumers -U.S. City Average, seasonally
adjusted. (1982 -84 equals 100).
(2) the term "Current CPI" shall mean the annual average of Consumer Price
Indices for the calendar year immediately preceding the Change Date.
(3) the term "Base CPI" shall mean the annual average of Consumer Price
Indices for the calendar year immediately preceding the year for which the Current CPI is
determined.
(4) the term "Change Date" shall mean February 1 of each year beginning
February 1, 2017.
(b) Adjustment. Effective on the Change Date, the Monthly Base Rent hereunder
shall escalate based on the following formula and illustrated by the following example:
(1) Formula.
Current CPI — Base CPI) x Rent] + Rent = Escalated Rent
[Base CPI]
(2) Example re 2/1/13. The monthly base rent is $1,632. Assume the
Current CPI (annual average CPI for 2011) is 225.114 and that the Base CPI (annual average
CPI for 2012) is 228.537. Monthly base rent beginning February 1, 2013 would be $1,656.81.
[(228.537 — 225.114) x $1,632] + $1,632 = $1,656.81
225.114
Airport Commission Packet
May 17, 2012 Page 42 of 62
3
(c) No Recomputations. No subsequent adjustments or recomputations,
retroactive or otherwise, shall be made to the Consumer Price Index due to any revision that
may later be made to the first published figure of the Consumer Price Index for any month.
(d) No Rent Decrease. In no event shall the Annual Base Rent for a given year
be less than the Annual Base Rent for the immediately preceding year.
(e) No Waiver. Any delay or failure of Landlord in computing or billing Tenant for
the escalation of Annual Base Rent as provided herein shall not constitute a waiver of or in any
way impair the continuing obligation of Tenant to pay such escalation of Monthly Base Rent.
(f) Change in Index. In the event that the Consumer Price Index ceases to use
1982 -84 =100 as the basis of calculation, the new CPI established by the U.S. Bureau of Labor
Statistics Consumer Price Index for all Urban Consumers -U.S. City Average, seasonally
adjusted, with a different base year shall be used.
Tenant may pay early without a prepayment penalty.
4.02 Net Lease. This Lease in every sense shall be without cost to the Landlord for
the development, maintenance, and improvement of the Leased Premises. It shall be the sole
responsibility of the Tenant to keep, maintain, repair and operate the entirety of the Leased
Premises and all improvements and facilities placed thereon at Tenant's sole cost and expense.
4.03 Utility Payments. Commencing with the Lease Commencement Date and
continuing throughout the Term, Tenant shall pay or cause to be paid all charges, assessments,
or taxes for gas, electricity, water, sewer, telephone, and all other utility services incurred in
connection with Tenant's use and occupancy of the Leased Premises.
4.05 Taxes. Commencing with the Lease Commencement Date and continuing
throughout the Term, Tenant shall pay all property taxes assessed on the Leased Premises
when they become due.
ARTICLE V
USE AND OCCUPANCY
5.01 Use. Tenant shall use the Leased Premises for the construction, use, and
support of corporate aviation hangar facilities.
5.02 Construction. Tenant shall use its best efforts to complete the construction of a
building facility on the Leased Premises for the operation of said hangar. Tenant's interest under
this Lease shall terminate and all payments hereunder shall be forfeited if Tenant does not
complete construction of the substantial improvements within one (1) year of the date of
execution of this Lease agreement. "Substantial improvements" means completion of the
construction in accordance with the plans and specifications approved by the Commission and
with city ordinances. The failure by Tenant to complete minimum improvements within a period
of one (1) year from the Lease Commencement Date shall be considered an event of Default
and Landlord shall have available all remedies set forth herein.
5.03. Licenses. Tenant shall, at Tenant's expense, obtain and maintain during the
Term of this Lease all licenses or permits necessary for the operation of Tenant's use of the
Leased Premises as defined in Section 5.01 herein and Tenant shall comply with any other
applicable rules and regulations governing the operation of Tenant's use of the Leased
Airport Commission Packet
May 17, 2012 Page 43 of 62
4
Premises as required by any federal, state, or local government or regulatory authority or
agency.
5.04. Zoning. Tenant shall, at Tenant's expense, obtain any and all necessary zoning
approvals and permits required by local law or ordinance.
5.05. Restrictions
(a) Prohibited Uses. No use of the Leased Premises shall be permitted which
is offensive by reason of odor, fumes, dust, smoke, noise, or other pollution, nor shall any use
be permitted which is hazardous by reason of excessive danger of fire or explosion, which may
be injurious to any property or persons on or about the Iowa City Municipal Airport or that is in
violation of the applicable laws or regulations of any governmental authority. Any use that
negatively affects the operation of the Iowa City Airport is prohibited.
(b) Hazardous Materials. No Hazardous Materials of any kind shall be stored
on or disposed of on the lot. As used herein, Hazardous Materials shall mean:
1. Any "hazardous waste" as defined by the Resource Conservation
and Recovery Act of 1976, as amended from time to time, and rules or regulations promulgated
thereunder;
2. Any "hazardous substance" as defined by the Comprehensive
Environmental Response Compensation and Liability Act of 1980, as amended from time to
time, and rules or regulations promulgated thereunder;
3. Any oil, petroleum products, and their byproducts; and
4. Any substance which is regulated by any federal, state, or local
governmental authority or that is the subject of any law, rule or regulation.
(c) Nuisances. No act constituting a nuisance as defined under the provision
of Chapter 657, Code of Iowa, or the common law of Iowa, shall be permitted, and the
restrictions pertaining to acts within a county in said Code chapter shall be applicable.
(d) Construction Site Standards. Construction and the conduct thereof shall
comply with all governmental requirements as to health and safety and shall meet the standards
set forth herein and as set forth by City ordinance. Such standards shall cover, but not be
limited to, the restrictions contained herein and additional regulations concerning erosion
control, parking for construction workers, office trailers on the lot, material storage, location of
telephones and vending machines, security design, location and disposal of sewage during
construction, cleaning and policing of the construction site and protection of streets, street right
of ways and property adjoining the building site. Said requirements may vary depending on size,
location and topography of a lot. During the course of construction, Tenant, its agents, and
contractors shall keep mud, dirt, debris and building materials off of all City roads. No
temporary building, job trailers or the like shall be permitted on the lot except those incident to
construction while an approved building is being constructed thereon and shall be removed
within 30 days following the issuance of a permanent certificate of occupancy by the City of
Iowa City. When the construction of a project is once begun, work thereon shall be prosecuted
diligently and continuously until full completion. Any building shall be substantially completed
prior to occupancy of any part thereof, and landscaping shall be fully completed within 30 days
of granting a certificate of occupancy, weather permitting. If the Tenant informs the Landlord in
writing within 30 days of issuance of the certificate of occupancy that weather will not permit the
completion of landscaping, the Landlord will provide the Tenant with an alternate deadline by
Airport Commission Packet
May 17, 2012 Page 44 of 62
5
which to complete the landscaping. Tenant shall be liable for damage to airport facilities and
pavements used during construction activity.
(e) Parking. All vehicle parking areas and service drives shall be dust free,
hard - surface with a concrete curb and gutter.
(f) Landscaping. In connection with construction on the leased ground, the
Tenant shall be required to sod or seed the entire ground surface of the leased ground except
for building and parking sites and alternatively landscaped areas. The Tenant shall be
responsible for sodding or seeding shall maintain in good condition and appearance.
(g) Signs. All signage shall comply with city ordinances and be approved by
the Landlord.
(h) Lighting. All lighting shall be directed away from adjacent properties and
shall be positioned to eliminate glare on streets and highways. No neon lights, intermittent or
flashing lights shall be allowed. Only shaded light sources shall be used to illuminate signs,
facades, buildings, parking and loading areas. All lighting shall be reflected downward.
(i) Storage. No storage of any articles, goods, or materials shall be
permitted outside any building except of a temporary nature only and then only with the prior
written consent of the Landlord, who shall have the right, as a condition to any such approval, to
impose such limitations and screening requirements as it may deem to be in the best interests
of the area. Any such approval may be revoked by the Landlord if at any time any of such
limitations or screening requirements are not met.
(j) Utilities. All electric, telephone, and other utility lines on or servicing the
lot must be underground.
Airport Commission Packet
May 17, 2012 Page 45 of 62
6
ARTICLE VI
IMPROVEMENTS; SURRENDER; PERSONAL PROPERTY;
ALTERATIONS; LIENS; MAINTENANCE; COMPLIANCE
6.01 Improvements and Personal Property.
(a) Title to Tenant's Improvements. Any and all real property improvements,
alterations, modifications or additions on or to the Leased Premises made by Tenant during the
Term ( "Improvements ") shall be and remain the property of Tenant throughout the Term.
(b) Surrender. Upon expiration of the Term or termination of the Lease,
whether by breach, default, expiration of Lease, or otherwise, title to the Tenant's Improvements
shall be and become the sole and absolute property of Landlord, and Tenant shall thereupon be
required to, at Landlord's sole discretion, either: (i) return and deliver up the Leased Premises in
the same condition as when delivered to Tenant, normal wear and tear excepted or (ii) return
and deliver up to Landlord the Leased Premises and Tenant's Improvements thereon. If
Landlord chooses option (ii), said Improvements shall be surrendered to and become the sole
property of Landlord at that time, free and clear of any liens of mortgages, deeds of trust, liens
of mechanics, laborers or materialmen, and all other liens and encumbrances other than any
such liens and encumbrances incurred by Landlord, or such lien or encumbrance which
Landlord agrees in writing may survive the expiration of the Term or the termination of the
Lease.
(c) Removal of Personal Property. All items of furniture, furnishings,
inventories and other personal property acquired by Tenant for use on the Leased Premises
(the "Personal Property ") shall be and remain the property of Tenant regardless of termination
of the Lease or expiration of the Term. Tenant shall remove from the Leased Premises all
Personal Property at or before the termination or expiration of the Lease. If Tenant fails to
remove such items within such period, then (i) such items shall be deemed abandoned by
Tenant and shall become the property of Landlord, and (ii) Landlord shall have the right to
remove and dispose of such items as Landlord, in its sole discretion, sees fit and to charge
Tenant the cost of doing so.
6.02 Alterations.
(a) Required or Discretionary Alterations. Tenant shall make all additions,
improvements, and alterations (hereinafter "Alterations ") on the Leased Premises, and on and
to the Tenant's Improvements thereon, required by any governmental authority or which may be
made necessary by the act or neglect of Tenant, its employees, agents or contractors, or any
persons, firm or corporation, claiming by, through or under Tenant. Except as provided in the
immediately preceding sentence, Tenant shall not make any other Alterations to the Leased
Premises without Landlord's prior written consent, which consent shall not be unreasonably
withheld or delayed.
(b) Performance Standards. Prior to making any Improvements or
Alterations, Tenant shall submit to Landlord for approval the following items:
i. Final plans and specifications, together with a certificate from
Tenant's architect that the final plans and specifications are in compliance with all applicable
laws and ordinances;
ii. A good faith estimate by Tenant's architect of the cost of
constructing the Improvements or Alterations;
Airport Commission Packet
May 17, 2012 Page 46 of 62
7
iii. Names and addresses of proposed contractors and
subcontractors;
iv. A copy of the signed contract or contracts for the full cost of
construction of the Improvements or Alterations in accordance with the final plans and the cost
estimate of Tenant's architect;
V. Necessary permits or satisfactory evidence that a permit is not
required. Landlord shall determine in its reasonable discretion the sufficiency of such evidence;
vi. Certificates of insurance required by Section 8.01 naming
Landlord and the City of Iowa City as additional insureds and including builder's risk, liability and
worker's compensation insurance and such other insurance customarily obtained during
construction as is reasonably requested by Landlord; and
vii. Completion assurances in the form of an Irrevocable Letter of
Credit or Payment and Performance Bond in accordance with Section 6.02(c) below, both
drawn to the benefit of Landlord, or as may be required by Landlord. Such completion
assurances must be acceptable to Landlord in both form and substance, and must also be
obtained from companies satisfactory to Landlord.
In addition, Tenant shall, upon Landlord's written request, provide
Landlord with evidence satisfactory to Landlord of Tenant's financial ability to pay for the
Improvements or Alterations. Landlord may also require that Tenant secure, at Tenant's
expense, evidence satisfactory to assure Landlord's title in the Leased Premises against
mechanic's liens arising out of any work, alterations or improvements made to the Leased
Premises by Tenant as provided in Section 6.03 hereinbelow. Tenant shall not commence to
perform any Improvements or Alterations costing in excess of $10,000.00 without obtaining
Landlord's prior written consent, which consent shall not be unreasonably withheld. All permitted
Improvements or Alterations shall be performed with new materials, in a good and workmanlike
manner, strictly in accordance with the final plans and specifications approved by the Landlord,
and in accordance with any and all Legal Requirements as such term is defined in Section 6.05.
Upon completion of any such work by or on behalf of Tenant, Tenant shall provide Landlord with
such documents as Landlord may require evidencing payment in full for such work, such as lien
waivers, and "as- built" working drawings. In the event Tenant performs any work not in
compliance with the provision of this Section 6.02(b), Tenant shall, upon written notice from
Landlord, immediately remove such work and restore the Leased Premises to their condition
immediately prior to the performance thereof. If Tenant fails to so remove such work and restore
the Leased Premises as aforesaid, Landlord may, at its option, and in addition to all other rights
or remedies of Landlord under this Lease, at law or in equity, enter the Leased Premises and
perform said obligation of Tenant and Tenant shall reimburse Landlord for the cost to the
Landlord thereof, immediately upon being billed therefore by Landlord. Such entry by Landlord
shall not be deemed an eviction or disturbance of Tenant's use or possession of the Leased
Premises, nor render Landlord liable in any manner to Tenant.
(c) Performance Bonds. Unless exempt or unless this requirement is waived
by Landlord, Tenant, at its own cost and expense, shall cause to be executed, and delivered to
Landlord two separate bonds, as follows:
(i) Prior to the date of commencement of construction, a contract
surety bond in a sum equal to the full amount of the construction contract awarded by Tenant for
construction of the improvements on the Leased Premises.
Said bond shall be drawn in a form and from such company as approved
by Landlord; shall guarantee the faithful performance of necessary construction and completion
Airport Commission Packet
May 17, 2012 Page 47 of 62
8
of improvements in accordance with approved final plans and detail specifications; and shall
guarantee Landlord against any losses and liability, damages, expenses, claims, and judgments
caused by or resulting from any failure of Tenant, or Tenant's contractor, to perform completely
the work described as herein provided and to pay all bills for labor, supplies, material and
equipment incident thereto.
In lieu of said bond, Tenant may deposit the amount of said bond in a
local depository institution selected by Tenant to remain until Tenant's general contractor has
delivered to Landlord a waiver of all claims against the Leased Premises for labor done and
materials furnished and for a period of four months after the Landlord's building inspector
approves final completion of the construction of improvements, provided no mechanic's liens
have been filed against the Leased Premises during that time, at which time such deposit shall
be refunded to Tenant. All earnings from said deposit shall be the property of Tenant.
(ii) Prior to the commencement of this Lease, a surety bond in the
sum at least equal to one (1) year's rental. Said bond shall be conditioned on the faithful
performance of all terms, conditions, and covenants of this Lease, shall be renewable annually,
and shall be kept in full force and effect for the complete term of this Lease.
At Tenant's option, an amount equal to one (1) year's rental may
be deposited with Landlord in lieu of said performance bond.
6.03 Liens. Tenant shall not cause or permit any liens to be attached to, placed on or
filed against the Landlord's interest in the Leased Premises or Tenant's Improvements in
connection with any construction, alteration, demolition, repair or restoration work Tenant
performs or causes to be performed on the Leased Premises. If, however, at any time, in
connection with the planning, construction, alteration, demolition, repair or restoration work
Tenant performs or causes to be performed on the Leased Premises, any liens of mechanics,
laborers or materialmen shall be filed against, attached to or placed on the Leased Premises,
the Tenant's Improvements or any part thereof relating to work described above, Tenant shall,
at its expense, cause the same to be discharged, by payment, bonding or otherwise as provided
by law, within fifteen (15) days after Tenant receives notice that the lien was filed, except for
such liens that may have been incurred by Landlord arising from Landlord's actions. Nothing
herein contained shall in any way prejudice the rights of Tenant to contest in good faith to final
judgment or decree any such lien prior to payment thereof, provided that Tenant shall (a) furnish
and keep in effect a surety bond of a responsible and substantial surety company, acceptable to
Landlord, in an amount sufficient to pay 125% of the amount of such contested lien claim with
all interest thereon and costs and expenses with respect thereto, or (b) provide other security
reasonably satisfactory to Landlord. Upon final determination of the validity of such contested
lien or claim, Tenant shall immediately pay the amount finally determined to be due thereon
including any judgment or decree rendered in connection therewith, with all property costs and
charges and shall cause any such lien to be released of record without cost to Landlord and
during the pendency of any such contest, Tenant shall save and keep Landlord harmless from
any claim or loss by reason thereof. Tenant's failure to comply with the terms of this Section
6.03 shall be considered a Default under the Lease, and Landlord shall have the right to any
and all remedies against Tenant as set forth in Section 13.02 herein.
6.04 Maintenance. Tenant shall, throughout the Term, at its sole cost and expense,
maintain the Leased Premises and all buildings and improvements at any time erected thereon,
any unimproved portion of the Leased Premises and all Personal Property installed therein, in
good repair and in a safe, clean, sightly and sanitary condition. In the event that Tenant, in
Landlord's reasonable judgment, fails to comply with its repair and maintenance obligations
under this Section 6.04, Landlord may, but shall not be obligated to, in addition to its remedies
under Article XI 11, perform all repairs and maintenance which in Landlord's reasonable judgment
Airport Commission Packet
May 17, 2012 Page 48 of 62
9
is required to bring the Leased Premises, Tenant's Improvements and Personal Property into
compliance with the repair and maintenance standards of this Section 6.04.
6.05 Compliance with Legal Requirements. Tenant shall, throughout the Term, at its
sole cost and expense, promptly comply with all applicable laws, ordinances and regulations of
governmental entities having jurisdiction over the Leased Premises (including, but not limited to
all local zoning use restrictions and requirements), and all policies of insurance applicable to the
Leased Premises (collectively, "Legal Requirements "). Tenant shall not conduct or permit any
person to conduct any unlawful activity on the Leased Premises or any use or activity in
violation of (a) any Legal Requirements, including but not limited to zoning or other land use
laws or ordinances, or (b) any private restrictive covenants applicable to the Real Estate.
Furthermore, Tenant shall not cause or allow any activity which causes air, water, soil or noise
pollution, which would violate any Legal Requirements or which would otherwise constitute a
nuisance or reasonably objectionable intrusion into or interference with the use of any
surrounding property.
6.06 Non - Discrimination. Tenant covenants, in consideration of the right to lease
property at Iowa City Municipal Airport, that Tenant, its employees, and agents 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, upgrading, or referring to employment. "Public
accommodation" shall include but not be limited to providing goods, services, facilities,
privileges and advantages to the public. Tenant shall remain in compliance with all requirements
of 49 C.F.R. Part 21, Non - Discrimination in Federally Assisted Programs of the Department of
Transportation.
ARTICLE VII
INSURANCE, DAMAGE AND DESTRUCTION
7.01 Insurance. Tenant covenants and agrees that it will 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
a. Property Insurance - 100% of the replacement cost value on any building, on an "all
risk" or Special Causes of Loss basis or equivalent form. City of Iowa City shall be
named as a Loss Payee on the property insurance policy with Clause C. Loss
Payable of ISO form CP1213 0607 (or other equivalent form)
b. Liability - $1,000,000 occurrence /$2,000,000 aggregate limits on a "Garage Liability"
form (or equivalent combined premises and auto liability form) whereby such
insurance includes all operations conducted on the premises and any auto or
motorized vehicle or trailer operated by or on behalf of the tenant.
c. Excess Liability $1,000,000 occurrence /$1,000,000 aggregate.
City of Iowa City and the Airport Commission shall be named as an additional insured on
the Garage Liability and the policy shall be endorsed with the Government Immunity
endorsement provided below. Certificate of insurance will be provided evidencing
coverage. All insurance companies involved should have an A.M. Best rating of A- or
higher. Tenant shall deliver to the Landlord, within thirty (30) days of execution of this
lease agreement, Certificates of Insurance and copies of said policies, naming the
Airport Commission Packet
May 17, 2012 Page 49 of 62
10
Landlord and the City of Iowa City, Iowa as additional insureds. Tenant shall provide
fifteen (15) days' notice to the Landlord before cancellation of said insurance.
Governmental Immunities Endorsement
1. Non - waiver of Government Immunity. The insurance carrier expressly agrees
and states that the purchase of this policy and the including of the City of Iowa City,
Iowa and the Iowa City Airport Commission as Additional Insured does not waive any
of the defenses of governmental immunity available to the City of Iowa City, Iowa, or
the Iowa City Airport Commission under Code of Iowa Section 670.4 as it now exists
and as it may be amended from time to time.
2. Claims Coverage. The insurance carrier further agrees that this policy of
insurance shall cover only those claims not subject to the defense of governmental
immunity under the Code of Iowa Section 670.4 as it now exists and as it may be
amended from time to time. Those claims not subject to Code of Iowa Section 670.4
shall be covered by the terms and conditions of this insurance policy.
3. Assertion of Government Immunity. The City of Iowa City, Iowa and the Iowa
City Airport Commission shall be responsible for asserting any defense of
governmental immunity, and may do so at any time and shall do so upon the timely
written request of the insurance carrier. Nothing contained in this endorsement shall
prevent the carrier from asserting the defense of governmental immunity on behalf of
the City of Iowa City and /or the Iowa City Airport Commission.
4. Non - Denial of Coverage. The insurance carrier shall not deny coverage under
this policy and the insurance carrier shall not deny any of the rights and benefits
accruing to the City of Iowa City, Iowa and the Iowa City Airport Commission under
this policy for reasons of governmental immunity unless and until a court of
competent jurisdiction has ruled in favor of the defense(s) of governmental immunity
asserted by the City of Iowa City, Iowa and the Iowa City Airport Commission.
5. No Other Change in Policy. The insurance carrier, the City of Iowa City, Iowa,
and the Iowa City Airport Commission agree that the above preservation of
governmental immunities shall not otherwise change or alter the coverage available
under the policy.
Worker's Compensation Insurance as required by Chapter 85, Code of Iowa.
7.02 Subrogation: Subrogation rights are not to be waived unless a special provision
is attached to this lease.
7.03 Damage or Destruction.
(a) Tenant's Obligation to Restore. If any or all of the Tenant's Improvements
shall be damaged or destroyed by fire or any other casualty, then Tenant shall have the right,
exercisable by giving written notice thereof to Landlord within fifteen (15) days after the
determination thereof, to terminate this Lease. Damaged means when the cost to repair the
Improvements exceeds the current value of the Improvements as determined by the Landlord.
(i) If the Lease is not terminated, then Tenant shall be obligated to
repair and restore Tenant's Improvements, as hereinafter provided. Such repair or restoration
shall be commenced within ninety (90) days after the date the casualty occurs, and shall be
completed within a reasonable period thereafter not to exceed twelve (12) months. If the Tenant
shall fail to commence or complete such repairs and restoration work within the time periods set
forth in the preceding sentence, except for reasons due to strike, shortage of labor or materials,
war, or an act of God, Landlord shall have the right to immediately terminate this Lease. In
performing such restoration, Tenant shall substantially comply with the conditions applicable to
Alterations, including but not limited to, Section 6.02. All insurance proceeds collected for such
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damage or destruction shall be paid to a depositary approved by Landlord, Tenant, and any
entity having a security interest in the Lease. Such insurance proceeds shall be made available
to be applied toward the cost of such repairs or restoration. If the insurance proceeds shall be
insufficient for said repair or restoration, Tenant shall make up the deficiency out of Tenant's
funds. In all cases, due allowance shall be made for reasonable delay caused by adjustment of
insurance claims, loss, strikes, governmental approval, labor difficulties or any cause beyond
either party's reasonable control.
(ii) If the Lease is terminated in accordance with this Section
13.02(a), then Tenant shall demolish the Tenant's Improvements and restore the Leased
Premises to its condition prior to the Lease Commencement Date, and the effective date of the
termination shall occur upon completion of such demolition and restoration work, as if such date
were specified as the expiration date of the Term. In such event, the insurance proceeds shall
be applied to pay for the demolition of the Tenant's Improvements and the restoration of the
Leased Premises, as previously provided, and thereafter, Tenant shall receive any remaining
proceeds.
(b) Remedies. If Tenant shall not enter upon the repair or rebuilding, or the
demolition and restoration, as the case may be, of the Tenant's Improvements within the period
specified in Section 8.03(a) and prosecute same thereafter with such dispatch as may be
necessary to complete same within said period, then, in addition to whatever other remedies
Landlord may have either under this Lease, at law or in equity, the money received by and then
remaining in the hands of the Depositary shall be paid to and retained by Landlord as security
for the continued performance and observance by Tenant of the Tenant's covenants and
agreements hereunder, or Landlord may terminate this Lease and then be paid and retain the
amount so held as liquidated damages resulting from the failure on the part of Tenant to comply
with the provisions of Section 8.03(a).
(c) Negotiation, Settlement and Adjustment of Insurance Proceeds. Tenant
shall have the right to settle the amount of the casualty loss with the insurance carriers, but no
final settlement of a loss in excess of Fifty Thousand Dollars ($50,000.00) may be made without
Landlord's prior written consent thereto.
(d) Rent and Other Charges. Provided the Lease is not terminated as
provided in Section 8.03(a), neither Rent nor other charges shall be reduced or abated following
damage or destruction or during the period of repair, restoration or rebuilding. If the Lease is so
terminated, Rent and other charges shall be paid through the effective date of such termination.
ARTICLE VIII
ASSIGNMENT AND SUBLETTING
8.01 Binding Effect. The Lease shall be binding upon and shall inure to the benefit of
the parties hereto and their respective heirs, personal representatives, successors, and assigns.
8.02 Assignments. Tenant may not sell, transfer, or assign this Lease (either directly
or indirectly) or any legal or beneficial interest therein, or sublease all or any part of the Leased
Premises without the prior written consent of the Landlord, which consent may be withheld at
Landlord's sole discretion. In exercise of its discretion as to such a proposed sale, transfer or
assignment by Tenant, Landlord, in the event that a proposed sale, transfer or assignment by
Tenant provides for payment to Tenant an amount of rent greater than the amount of Tenant's
rent obligation herein at the time, Landlord may require that a percentage of the difference
between the rental amounts be paid to Landlord. Tenant shall give Landlord written notice of
any proposed assignment or sublease of the Leased Premises, and such notice shall provide
(a) the name and address of the proposed assignee or sublessee, (b) the terms of the proposed
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assignment or a copy of the proposed sublease, (c) the most recent financial statements of the
proposed assignee or sublessee and (d) such other information as Landlord may reasonably
request. Any assignment or sublease made by Tenant without Landlord's consent in violation of
this Section 10.02 shall be voidable at Landlord's option and shall constitute an Event of
Default. Landlord's consent to any one assignment or sublease shall not be deemed a waiver of
this Section 10.02 with respect to any subsequent assignment or sublease nor consent to any
subsequent assignment or sublease. Absent the Landlord's agreement to the contrary,
following assignment, whether with or without the Landlords' consent, Tenant will remain liable
for all Lease obligations.
ARTICLE IX
MORTGAGES
9.01 Leasehold Mortgage.
(a) General Provisions. Tenant, and any successor or permitted assignee of
Tenant shall not, at any time during the Term, pledge, mortgage or encumber the Lease and /or
the Leased Premises demised hereunder, or Tenant's Improvements, without Landlord's prior
written consent, which consent Landlord may, in its sole discretion, withhold. Any such pledge,
mortgage or encumbrance made by and entered into with Landlord's consent, is herein referred
to as a "Leasehold Mortgage ". Any Leasehold Mortgage made by and entered into by Tenant
without Landlord's consent in violation of this Section 11.01 shall be voidable at Landlord's
option, and shall constitute an Event of Default.
(b) Landlord's Forbearance; Foreclosure by Leasehold Mortgagee. Landlord
hereby agrees that for the benefit of a Leasehold Mortgagee holding a Leasehold Mortgage and
the successors and assigns of such Leasehold Mortgagee:
(i) When giving notice to Tenant with respect to any default under the
Lease or any exercise of any right to terminate the Lease, Landlord will also give a copy of such
notice to the Leasehold Mortgagee at the address of the Leasehold Mortgagee furnished to
Landlord. No such notice to Tenant shall be deemed to affect any rights of the Leasehold
Mortgagee unless or until such notice is given in said manner to such Leasehold Mortgagee.
(ii) In case Tenant shall default in respect of any of the provisions of
the Lease, the Leasehold Mortgagee shall have the right, but not the obligation, to cure such
default, and Landlord shall accept payment and /or performance by or on behalf of such
Leasehold Mortgagee as though, and with the same effect, as if the same had been done or
performed by Tenant. The Leasehold Mortgagee will have a period of time after the service of
any notice of a default hereunder upon it within which to cure the default specified in such
notice, or cause it to be cured, which is the same period for cure, if any, as is available to
Tenant under the Lease for the specified default, plus an additional period of thirty (30) days. In
the event of a default (or in the event that Landlord is seeking to terminate the Lease by reason
of a default) which cannot reasonably be cured within said period because of Tenant's
possession of the Leased Premises, Landlord shall forebear from exercising its rights to
terminate the Lease as against Leasehold Mortgagee (while reserving all rights against Tenant)
on account of such default provided that the Leasehold Mortgagee: (A) has cured all defaults
which can reasonably be cured within the period of time allotted for cure, (B) within said period
has notified Landlord of its intent to cure all other defaults in a notice which specifies the
proceedings by which the Leasehold Mortgagee intends to secure possession of the Leased
Premises, (C) has begun proceedings to secure possession within the said period, and (D)
thereafter prosecutes such proceedings with reasonable diligence. The notice specified in
clause (B) above shall contain an assumption by the Leasehold Mortgagee of all of Tenants
restrictions and obligations hereunder.
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(iii) No default will be deemed to exist as against any Leasehold
Mortgagee and Landlord shall have no right, and shall take no action, to effect a termination of
the Lease as against any Leasehold Mortgagee until the Leasehold Mortgagee has had the
opportunity to cure such default specified in clause (ii) above. If the Leasehold Mortgagee, by
foreclosure or otherwise, acquires Tenant's leasehold estate, the Leasehold Mortgagee shall be
subject to all Lease Restrictions and shall be liable for all Tenant's obligations accruing
thereafter to the same extent as the prior Tenant would have been so liable.
(iv) Provided that the Leasehold Mortgagee has complied with
Subsection (ii) of this Section, any default of Tenant under any provision of the Lease which is
not reasonably susceptible of being cured by a Leasehold Mortgagee during the cure period
specified in Subsection (ii) of this Section shall be cured by Leasehold Mortgagee or any other
purchasers or transferees of Tenants interest under this Lease, whether at judicial foreclosure,
trustee's sale or by an assignment of the Lease in lieu of foreclosure within thirty (30) days after
acquisition.
(v) A Leasehold Mortgagee (or its designee or nominee) may become
the legal owner and holder of the interest of Tenant under the Lease, including without
limitation, the interest of Tenant in all Tenant's Improvements and Personal Property, by
foreclosure or other enforcement proceedings, or by obtaining an assignment of the Lease and
a conveyance of the Tenant's Improvements and Personal Property in lieu of foreclosure or
through settlement of or arising out of any pending or threatened foreclosure proceeding,
without Landlord's consent, but subject always to the applicable terms, provisions, obligations,
and restrictions of the Lease. Upon such acquisition of legal ownership, such Leasehold
Mortgagee (or its designee or nominee) shall be liable for all obligations under the Lease
accruing thereafter to the same extent as the Tenant would have been. In such event,
Leasehold Mortgagee (or, if said Leasehold Mortgagee has not yet become a successor Tenant
hereto, then its designee or nominee) shall have the right thereafter to assign the Lease and
convey the Tenant's Improvements and Personal Property subject to all other applicable terms,
provisions, obligations, and restrictions of the Lease.
(vi) If Tenant fails to observe or perform any of its obligations under
the Lease, Leasehold Mortgagee may, but shall not be obligated to, observe or perform such
obligations for and on behalf of Tenant, whether or not Tenant shall be in default under the
Lease.
(c) Notices to Leasehold Mortgagees. Any notice or other communication
which Landlord shall desire or is required to give to or serve upon a Leasehold Mortgagee shall
be in writing and shall be served by registered or certified mail or by commercial courier service
addressed to such holder at the address as shall be designated from time to time by such
Leasehold Mortgagee and shall mail a copy of said notice by ordinary mail. Any notice or other
communication which any Leasehold Mortgagee shall desire or is required to give to or serve
upon Landlord shall be deemed to have been given or served if sent by registered or certified
mail or by commercial courier service addressed to Landlord at Landlord's address as set forth
in the provisions of the Lease providing for notices to Landlord or at such other address as shall
be designated from time to time by Landlord by notice in writing given to such Leasehold
Mortgagee by registered or certified mail or by commercial courier service. Any notice given
pursuant hereto shall be effective when received or refused.
(d) Non - Merger. No union of the interests of Landlord and Tenant shall result
in a merger of the Lease and the fee interests in the Leased Premises without the prior written
consent of any Leasehold Mortgagee.
ARTICLE X
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EASEMENTS
10.01 Generally. This Lease and the rights granted to Tenant hereunder are expressly
made subject and subordinate to any and all existing easements on the Leased Premises, and
Tenant shall not in any way act to alter, obstruct, disturb or otherwise impair any of said
easements nor grant additional easements on or affecting the Leased Premises during the term
of this Lease without Landlord's prior written consent.
ARTICLE XI
DEFAULT
11.01 Events of Default. The following shall constitute "Events of Default ":
(a) Monetary. Tenant shall fail to pay Rent at the time required or any other
monetary obligation or payment required under this Lease when due, and such failure shall
continue for a period of ten (10) days following written notice from Landlord to Tenant; or
(b) Non - performance. Tenant shall fail to observe or perform any of the other
covenants, terms or conditions contained in the Lease, or a warranty made by Tenant shall fail
to be accurate and complete, and such failure shall continue and not be cured for a period of
thirty (30) days after written notice by Landlord to Tenant, provided that if the default is not
reasonably susceptible of being cured within thirty (30) days, an Event of Default shall occur
only if the Tenant fails to promptly commence such cure or fails thereafter to diligently pursue
such efforts to completion; or
(c) Bankruptcy: Receivership. If (i) Tenant files a petition in bankruptcy or for
reorganization or for an arrangement pursuant to any present or future federal or state
bankruptcy law or under any similar federal or state law, or is adjudicated a bankrupt or
insolvent, or makes an assignment for the benefit of its creditors, or admits in writing its inability
to pay its debts generally as they become due, or if a petition or answer proposing the
adjudication of Tenant as a bankrupt or a reorganization of Tenant under any present or future
federal or state bankruptcy law or any similar federal or state law is filed in any court and such
petition or answer is not discharged or denied within thirty (30) days after the filing thereof; or (ii)
A receiver , trustee or liquidator of Tenant of all or substantially all of the assets of Tenant or of
the Leased Premises or any portion thereof is appointed in any proceeding brought by or
against Tenant and is not discharged within thirty (30) days after such appointment or if Tenant
consents to or acquiesces in such appointment.
11.02 Landlord's Rights upon an Event of Default. Upon the occurrence of an Event of
Default by Tenant, or at any time thereafter during the continuance of such Event of Default,
Landlord may take any of the following actions and shall have the following rights against
Tenant:
(a) Termination. Landlord may elect to terminate the Lease by giving no less
than thirty (30) days' prior written notice thereof to Tenant, and upon the passage of time
specified in such notice, this Lease and all rights of Tenant hereunder shall terminate as fully
and completely and with the same effect as if such date were the date herein fixed for expiration
of the Term and Tenant shall remain liable as provided in Section 13.02(c).
(b) Eviction. Landlord shall have the immediate right upon Termination of this
Lease to bring an action for forcible entry and detainer.
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(c) Tenant to Remain Liable. No termination of this Lease pursuant to
Section 11.02(a), by operation of law or otherwise, and no repossession of the Leased
Premises or any part thereof pursuant to Section 13.02(b) or otherwise shall relieve Tenant of
its liabilities and obligations hereunder, all of which shall survive such termination, repossession
or reletting.
(d) Damages. In the event of any termination of this Lease or eviction from or
repossession of the Leased Premises or any part thereof by reason of the occurrence of an
Event of Default:
(i) Rent and Charges. Tenant shall pay to Landlord the Rent and other
sums and charges required to be paid by Tenant for the period to and including the end of the
Term or expiration of an option period as provided for by Section 3.02 herein, whichever is later.
(e) Rights Cumulative, Non - Waiver. No right or remedy herein conferred
upon or reserved to Landlord is intended to be exclusive of any other right or remedy, and each
and every right and remedy shall be cumulative and in addition to any other right or remedy
given hereunder or now or hereafter existing at law or in equity or by statute. In addition to the
other remedies provided in this Lease, Landlord shall be entitled, to the extent permitted by
applicable law, to injunctive relief in case of the violation, or attempted or threatened violation, of
any of the covenants, agreements, conditions or provisions of this Lease, or to a decree
compelling performance of this Lease, or to any other remedy allowed to Landlord at law or in
equity.
(f) Landlord's Right to Cure. If Tenant fails to pay any utilities charges
described in Article IV, insurance premiums described in Article VIII, the cost of any of the
repairs or maintenance required to be made by Tenant pursuant to the Lease or any other
charges, costs or expenses required to be paid under the Lease, Landlord shall have the right,
but not the obligation, to make all such payments, and in addition to its other remedies under
this Article XI, Landlord shall have the option of requiring Tenant to repay to Landlord the
amount of such payments (which shall be deemed additional rent hereunder) on demand with
interest after demand at 10% rate per annum. (the "Default Rate ").
(g) Late Charge, Default Rate. If Landlord does not receive payment of any
installment of Rent or any other sum or charge required to be paid by Tenant to Landlord
hereunder within ten (10) days after the same falls due (regardless of whether Tenant has
received notice of the delinquency), Landlord may impose a late charge equal to five percent
(5 %) of the amount of such delinquent sum and if such sum is not received by Landlord within
thirty (30) days of its due date, such sum shall, in addition, bear interest at the Default Rate from
the due date until the date paid.
(h) Landlord's Lien. Landlord shall have a lien against Tenant's leasehold
estate, Tenant's Improvements and all property of Tenant located at the Leased Premises, to
secure any obligations of Tenant to Landlord arising pursuant to the provisions of this Lease.
11.03 No Implied Waiver. The failure of Landlord to insist upon strict performance of
any of the covenants or conditions of the Lease, or to exercise any options herein conferred in
any one or more instances shall not be construed as a waiver or relinquishment for the future of
any such covenant, condition, or option, but the same shall be and remain in full force and
effect. The receipt by Landlord of any Rent or any other sum payable hereunder with knowledge
of the breach of any covenants or agreements contained herein shall not be deemed a waiver of
such breach.
ARTICLE XII
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ABANDONMENT
12.01 Abandonment. Tenant shall not vacate or abandon the Leased Premises at any
time during the Term of this Lease. If Tenant shall vacate or abandon the Leased Premises, the
right of possession shall, at the option of Landlord, revert to Landlord and Tenant shall lose all
right to possession of the Leased Premises and Tenant's Improvements; however, Tenant shall
otherwise remain liable on this Lease. Landlord shall then, without further notice, have the
remedies provided for in Article XIII herein.
ARTICLE XIII
ENVIRONMENTAL CONDITIONS
13.01 Definitions. As used in this Lease, the phrase "Environmental Condition" shall
mean: (a) any adverse condition relating to surface water, ground water, drinking water supply,
land, surface or subsurface, strata or the ambient air, and includes, without limitation, air, land
and water pollutants, noise, vibration, light and odors, or (b) any condition which may result in a
claim of liability under the Comprehensive Environmental Response Compensation and Liability
Act, as amended, or the Resource Conversation and Recovery Act, or any claim of violation of
the Clean Air Act, the Clean Water Act, the Toxic Substance Control Act, or any claim of liability
or of violation under any federal statute hereafter enacted dealing with the protection of the
environment, or under any rule, regulation, permit or plan under any of the foregoing, or under
any law, rule or regulation now or hereafter promulgated by the state in which the Leased
Premises are located, or any political subdivision thereof, relating to such matters (collectively
"Environmental Laws ").
13.02 Compliance by Tenant. Tenant shall, at all times during the Term, comply with all
Environmental Laws applicable to the Leased Premises and shall not, in the use and occupancy
of the Leased Premises, cause or contribute to, or permit or suffer any other party to cause or
contribute to any Environmental Condition.
13.03 Tenant's Indemnity. Tenant will protect, indemnify and save harmless the
Landlord, City of Iowa City, the partners of the Landlord, and all of the foregoing's respective
partners, agents and employees (collectively "Landlord's Indemnitees "), from and against all
liabilities, obligations, claims, damages, penalties, causes of action, costs and expenses
(including, without limitation, reasonable attorneys' fees and expenses) of whatever kind or
nature, contingent or otherwise, known or unknown, incurred or imposed, based upon any
Environmental Laws or resulting from any Environmental Condition occurring or contributed to
during the term of this Lease. In case any action, suit or proceeding is brought against any of
the parties indemnified herein by reason of any occurrence described in this Section 13.03,
Tenant will, at Tenant's expense, by counsel reasonably approved by Landlord, resist and
defend such action, suit or proceeding, or cause the same to be resisted and defended.
ARTICLE XIV
TENANT'S INDEMNIFICATION
14.01 Generallv. To the extent not expressly prohibited by law, Tenant agrees to
indemnify, save, protect and hold forever harmless, Landlord, and all of Landlord's Indemnitees
as defined in Section 13.03 hereinabove, from and against all losses, damages, costs, claims
and liabilities, including, without limitation, court costs and reasonable attorney's fees and
expenses, which Landlord's Indemnitees, or any of them, may become liable or obligated by
reason of, resulting from or in connection with: (a) any injury to or death of persons and damage
to, or theft, misappropriation or loss of property occurring in or about the Leased Premises or
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the Property arising from Tenant's use and occupancy of the Leased Premises and /or the
conduct of its business; (b) any activity, work or thing done, permitted or suffered by Tenant in
or about the Leased Premises, including all liabilities of every kind or description which may
arise out of or in connection therewith; and (c) any breach or default on the part of Tenant in the
payment or performance of any covenant, agreement or obligation on the part of Tenant to be
paid or performed pursuant to the terms of this Lease or any other act or omission of Tenant, its
agents or employees. In case of any action or proceeding brought against Landlord's
Indemnitees, or any of them, by reason of any such claims, Tenant covenants to defend such
action or proceeding by counsel reasonably satisfactory to Landlord and /or any particular
Landlord's Indemnitee.
ARTICLE XV
MISCELLANEOUS PROVISIONS
15.01 Access by Landlord.
(a) Landlord or Landlord's agents, representatives or employees shall have
the right at any time upon at least twenty -four (24) hours oral notice (except in emergencies, in
which case only such notice, if any, as may be feasible under the circumstances shall be
required) to enter upon the Leased Premises and Tenant's Improvements for the purposes of
inspecting the same, determining whether this Lease is being complied with, curing (as
permitted herein) any default by Tenant and showing the Leased Premises to prospective
Leasehold Mortgagees.
(b) Landlord or Landlord's agents, representatives, or employees shall have
the right whenever necessary and without notice to enter upon the Leased Premises for the
purpose of repairing or maintaining any of Landlord's property adjacent to or abutting the
Leased Premises.
15.02 Gender and Number. Words of any gender used in the Lease shall be held to
include any other gender, and words in the singular shall be held to include the plural, where
required.
15.03 Notices. Notices, statements and other communications to be given under the terms of
the Lease shall be in writing and sent by certified or registered mail, or by commercial courier,
return receipt requested, and addressed as follows:
If to Landlord:
Iowa City Airport
Commission
% Airport Manager
1801 S. Riverside Dr
Iowa City, IA 52240
With copies to:
City Attorney
410 E. Washington St
Iowa City, IA 52240
If to Tenant:
Jet Air, Inc.
58 IL Hwy Rt 164
Galesburg, IL 61401
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or at such other address as from time to time designated by the party receiving the notice. All
such notices shall be deemed to have been fully given, made or sent when made by personal
service or deposited in the United States Mail, Registered or Certified, postage prepaid.
15.04 Applicable Law. The laws of the State of Iowa shall govern the validity,
performance and enforcement of this Lease.
15.05 Partial Invalidity. If any provision of the Lease shall be invalid or unenforceable it
shall not affect the validity or enforceability of any other provisions of the Lease.
15.06 Heading. Headings as to the contents of particular sections herein are inserted
only for convenience, and are in no way to be construed as a part of the Lease or as a limitation
on the scope of the particular section to which they refer.
15.07 Binding Effect. The covenants, conditions and agreements contained in the
Lease shall bind, apply to and inure to the benefit of the parties hereto and their respective
successors.
15.08 No Partnership. It is expressly understood that Landlord shall not be construed or
held to be a partner, joint venturer or associate of Tenant in the conduct of Tenant's business
and that the relationship between the parties hereto is and shall at all times remain that of
landlord and tenant.
15.09 Holding Over. The Lease shall terminate without further notice at expiration of the
Term. Any holding over by Tenant or any party claiming by, through or under Tenant after
expiration shall not constitute a renewal or extension or give Tenant any rights in or to the
Leased Premises. In the event of any holding over, Landlord may exercise any and all remedies
available to it under Article XIII herein or at law or in equity to recover possession of the Leased
Premises, and for damages.
15.10 Time is of the Essence. Time is of the essence in this Lease.
15.11 Entire Agreement; Merger. The Lease contains all the agreements and
conditions made between the parties hereto with respect to the matters contained herein and
may not be modified orally or in any other manner than by an Agreement in writing signed by all
the parties hereto or their respective successors. All prior written and oral understandings and
agreements shall be deemed to have merged into the Lease and have no further force and
effect.
15.12 Counterparts. This Lease may be executed in counterparts, each of which shall
be deemed to be an original and all of which shall, when taken together, constitute but one and
the same instrument.
15.13 Taxiway Construction. Landlord agrees to extend the south t- hangar taxiway at
Landlord's cost east for public use including use by Jet Air, Inc.
15.14 Utility Access. Landlord agrees to install new electric transformer and gas main
in the area for future growth. Jet Air will be responsible for connection to, and running utilities
from these locations to the proposed hangar.
15.15 FAA Airspace Study. Tenant shall request an Obstruction Evaluation / Airport
Airspace Analysis (OE /AAA) under CFR Title 14 Part 77. Tenant shall not commence
construction activity until said study is returned with a "DETERMINATION OF NO HAZARD TO
AIR NAVIGATION" as the study result.
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ARTICLE XVI
FAA PROVISIONS
16.01 Commission Control. The Landlord reserves the right, but shall not be obligated
to the Tenant, to maintain and keep in repair the landing area of the Airport and publicly owned
facilities of the Airport, without hindrance from the Tenant. The Landlord reserves the right to
take action it considers necessary to protect the aerial approaches of the Airport against
obstructions. The Tenant shall not act as an agent or represent itself as an agent for the
Commission in matters between the Federal Aviation Administration and the Landlord
16.02. Landlord Improvements. The Landlord reserves the right to further develop or
improve the landing area and all publicly owned aviation facilities of the Airport as it sees fit,
without interference or hindrance from the Tenant.
16.03. Non - exclusive Right. It is agreed that nothing herein contained shall be
construed to grant or to authorize the granting of an exclusive right prohibited by Section 308 of
the Federal Aviation Act of 1958, as amended, and the Landlord reserves the right to grant to
others the privilege and right of conducting any activity of an aeronautical nature.
16.04 Grant Assurances. This Lease shall be subordinate to the provisions of any
outstanding or future agreement between Landlord and the United States government or 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 said Airport.
16.05 Right of Flight. Tenant acknowledges that the City of Iowa City, Iowa is authorized
by law to own and operate the Iowa City Municipal Airport located in Johnson County, Iowa near
the Leased Premises. There is hereby reserved to Landlord, 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 Leased Premises herein conveyed, together with the right
to cause in said airspace such noise, vibrations, fumes, dust, and particles 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. Tenant
foregoes and waives any and all claims for damages, of whatever kind or type, which are
reasonably likely to occur in the future as a result of aircaraft using the "navigable airspace ", as
defined by the Federal Aviation Act of 1958 (49 U.S.C. 40102(a)(30))and regulations
promulgated thereunder over and above the Leased Premises, including but not limited to,
damages resulting from noise, vibration, fumes, dust and particles. Tenant grants to the
Landlord, its successors and assigns, a continuing right to keep the air space above the Airport
Imaginary Surfaces as described in Federal Aviation Regulations Part 77 and depicted on the
Airport Layout Plan (ALP) clear of any and all fences, crops, trees, poles, building or other
obstructions of any kind or nature whatsoever which now extend, or which may any any time in
the future extend, above said surfaces. Tenant grants the Landlord the right of ingress to,
egress from, and passage over the Leased Premises for the purpose of effecting and
maintaining such clearance and of removing any and all obstructions which now or may
hereafter extend above the Airport Imaginary Surfaces as described in Federal Aviation
Regulations Part 77 and depicted in the ALP.
16.06. Additional FAA Provisions.
Airport Commission Packet
May 17, 2012 Page 59 of 62
20
(a) The Tenant for himself, his 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 Lease 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, Tenant 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) The Tenant, for himself, his personal representative, 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: (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 the 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) Landlord 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.
(d) Landlord reserves the right to take any action it considers necessary to
protect the serial 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 Landlord would limit the usefulness of the airport or constitute a
hazard to aircraft.
(e) During time of war or national emergency Landlord 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.
(f) It is understood and agreed that the rights granted by this agreement will
not be exercised in such a way as to interfere with or adversely affect the use, operation,
maintenance or development of the airport.
(g) The Lease shall become subordinate to provisions of any existing or
future agreement between the Landlord 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.
IOWA CITY AIRPORT COMMISSION
M
Chairperson
ATTEST:
Secretary
Approved By:
City Attorney's Office
Jet Air, Inc.
Airport Commission Packet
May 17, 2012 Page 60 of 62
21
Date
Date
Date
Airport Commission Packet
May 17, 2012 Page 61 of 62
22
Commission's Acknowledgement
STATE OF IOWA )
) SS:
JOHNSON COUNTY )
On this day of 2012, before me_ personally appeared
and , to me personally
known, who, being by me duly sworn, did say that they are the Chair and Secretary, respectively,
of the Iowa City Airport Commission and that the instrument was signed and sealed on behalf of
the Commission, and the execution of the instrument to be their voluntary act and deed of the
Commission, by it voluntarily executed.
Notary Public in and for said County and State
Tenant's Acknowledgement
STATE OF IOWA )
) ss:
COUNTY OF IOWA )
This instrument was acknowledged before me on
of Jet Air, Inc. .
Notary Public in and for the State of Iowa
, 2012 by
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