HomeMy WebLinkAbout10-25-2001 Airport Commission Meeting Minutes MINUTES
IOWA CITY AIRPORT COMMISSION
THURSDAY,OCTOBER 25,2001—1:00 P.M.
IOWA CITY AIRPORT TERMINAL
MEMBERS PRESENT: Rick Mascari, Mark Anderson, Alan Ellis, Howard Horan
STAFF PRESENT: Andy Matthews, Ron O'Neil
CALL TO ORDER:
Chairperson Mascari called the meeting to order at 1:15 p.m.
PUBLIC DISCUSSION—ITEMS NOT ON AGENDA:
No items were presented.
ITEMS FOR DISCUSSION/ACTION:
a. Set public hearing-Jet Air lease-Anderson made a motion for a resolution to set a
public hearing on a lease for Jet Air, Inc. for November 1,2001,at 1:00 p.m. Ellis
seconded the motion and it was passed 4- 0,with Ruyle being absent.
b. Building D lease-Mascari said he reviewed the lease and thought there should be some
mention of a couple of things. He said that if there were any improvements to the
building, receipts on any spending would need to be provided to the Commission. Ellis
said he didn't necessarily think the Commission needed to be reimbursed for
improvements on a dollar for dollar basis. Ellis said IOW Aero should provide a list of
areas they intended to improve.
Ellis said he has not walked through the building with IOW to determine the areas to
renovate. He said he would recommend approving the lease,without the language in
paragraph 6 for reducing the rent. Anderson said the Commission should put more
money into the building, in addition to what IOW was going to contribute. He thought it
should be forgiven on a dollar for dollar basis. Horan said he thought the language as it
was written would give the Commission the control and flexibility they wanted.
O'Neil said the Commission needs to be aware of the "fair market value" for rent.
Matthews said that any improvements would be made on a project by project basis. He
said it would have to be documented for each project on how much would be forgiven.
McCrabb said he does not have any problem reducing the rent on a dollar for dollar basis,
as long as the Commission will work with them on trying to make improvements. O'Neil
said it is a two and a half year lease, at$ 500 per month,which means IOW could put up
to$ 15,000 of improvements in the building and deduct it all from their rent. Horan said
as a small business,they could deduct all of the improvements from their taxes. Horan
made a motion for a resolution to approve the lease for Building D. Ellis seconded the
motion. Matthews suggested adding language that required receipts for the
improvements. Ron Duffe said the costs would be included when the Commission
approves the plans and specifications. The motion passed 4-0,with Ruyle being absent.
SET NEXT MEETING:
The next special Airport Commission meeting is scheduled for November 1, 2001,at 1:00 p.m.
ADJOURNMENT:
The meeting was adjourned at 1:53 p.m.
Rick Mascari, Chairperson