Airport Advisory Committee

AIRPORT ADVISORY COMMITTEE July 16th, 2021 8:15 A.M. Fremont Municipal Airport Terminal Building 1203 West 23rd Street, Fremont, Nebraska 1. Meeting called to order with Open Meetings Act announcement. 2. Roll call. 3. Approval of the April 16, 2021 meeting minutes. 4. Approval of the June 18, 2021 meeting minutes. 5. Update on Apron & Terminal Projects 6. Review financial statements related to the operation of the Airport. 7. Discuss selection of Consultant for Airfield Development Projects. 8. Discuss Airport Advisory Board Appointments 9. Discussion of maintenance items. a. Status of roof repairs 10. Adjournment. The agenda was distributed to the Mayor, City Council, and Advisory Committee members on July 9, 2021. The official current copy is available at City Hall, 400 East Military, Public Works Department Office. The Advisory Committee reserves the right to go into Executive Session when necessary. A copy of the Open Meeting Law is posted at the Airport terminal building for review by the public. The Board reserves the right to adjust the order of items on this agenda.  AIRPORT ADVISORY COMMITTEE Meeting Minutes: April 16, 2021 1. Meeting called to order with Open Meeting announcement. Meeting was called to order at 8:15 A.M. Open Meeting Act is posted on the wall of the Airport Terminal, the Act Poster was pointed out to those in attendance. 2. Roll call. Board Members: Present:Ron Spahni, Dave Monke, Jennifer Weiss-Assman, Robert Steenblock Tom Randall, Eric Johnson, Alison Adams Guests: David Goedeken, Jim Kjeldgaard, Greg Kjeldgaard, Vern Gibson, Ken Cox, Tammy McKeighan, Brian Newton. 3. Approval of the March 19, 2021 meeting minutes. Motion by Ron Spahni and seconded by Jennifer Weiss-Assman, to approve the March 19, 2021 minutes, motion passed by vote of members, (all voting yes on roll call vote) 4. Update on Apron and Terminal Projects. Staff reported that final work of the Apron Project has been underway and will be completed soon. The Terminal project has been approved and the contracts have been executed. Work on the Terminal will begin soon. The contractor intends to do the utilities and earthwork portion of the project first. 5. Update on annual hangar inspections. Staff explained they will be doing hangar inspections in the near future, most likely May. Letters of notification will be sent to the tenants prior to inspections. 6. Discussion of Aerial Applicator Agreement. Novus Ag, LLC has applied for an Aerial Applicators Agreement to operate a Crop Dusting Service from the Fremont Airport for the 2021 Spraying Season. This is the same company that has operated from the Airport the last 2 years. 7. Discussion of maintenance items.  a. Status of roof repair – Taylor Martin Hangar, a contractor has been waiting for materials and will begin work as soon as the sheet metal arrives. 8. Adjournment. Motion by Jennifer Weiss-Assman,, and seconded by Tom Randall, to adjourn, motion passed by vote of members, (all voting yes on roll call vote) Meeting was adjourned at 8:30 A.M..  AIRPORT ADVISORY COMMITTEE Meeting Minutes: June 18, 2021 1. Meeting called to order with Open Meeting announcement. Meeting was called to order at 8:15 A.M. Open Meeting Act is posted on the wall of the Airport Terminal, the Act Poster was pointed out to those in attendance. 2. Roll call. Board Members: Present:Ron Spahni, Dave Monke, Jennifer Weiss-Assman, Robert Steenblock, Tom Randall Guests: David Goedeken, Jim Kjeldgaard, Greg Kjeldgaard, Vern Gibson,Tammy McKeighan, Steve Landholm, Heather Olson 3. Approval of the March 19, 2021 meeting minutes. Motion by Ron Spahni and seconded by Jennifer Weiss-Assman, to approve the March 19, 2021 minutes, motion passed by vote of members, (all voting yes on roll call vote) 4. Update on Apron and Terminal Projects. Staff reported that final work of the Apron Project has been completed. The Terminal project has begun and the contractor is focusing on site work at this point. 5. Discuss selection of Consultant for Airfield Development Projects. Staff explained that an RFQ has been sent out requesting Engineering Services for 5 future projects at the the Airport. Three Consultants responded and interviews were conduct on June 16th. The firms had not yet been notified of the results so Staff will inform the Board members via email of the results after the firms had been notified. 6. Discussion of maintenance items. a. Status of roof repair – Taylor Martin Hangar, the contractor has completed the work. b. Other Items - FBO reported there are weeds and grass growing in the cracks of the concrete which should be strayed. 7. Adjournment. Motion by Dave Monke and seconded by Tom Randall, to adjourn, motion passed by vote of members, (all voting yes on roll call vote) Meeting was adjourned at 8:30 A.M.  Revised 7/6/2021 City of Fremont Airport Financial Status As of September 30, 2020, 2019, 2018, and 2017 (Preliminary) YTD (Final) (Final) (Final) (Final) 6/30/2021 9/31/2020 9/30/2019 9/30/2018 9/30/2017 Assets: Cash $ 238,828 $ 76,374 $ 14,669 $ 215,772 $ 194,774 Accounts receivable $ - $ 363 $ 3,009 $ 330 $ 1,155 Unbilled revenue (S Hangar Proj)$ 119,698 $ 122,110 $ 128,562 $ 145,720 $ 149,114 Grants Receivable $ - 307,337 172,035 $ - $ - Prepaid insurance $ - - - $ - $ - Total Assets $ 358,526 $ 506,184 $ 318,275 $ 361,822 $ 345,043 Liabilities & Equity: Accounts Payable $ 169,872 $ 472,737 $ 35,114 $ 4,773 $ 6,860 Deferred/Unearned Revenue $ 1,200 1,800 3,000 $ 4,200 $ 5,400 Accrued expenses 1,260 830 $ 555 $ 558 Customer Deposits Due to LB840 Fund & Gen Fund $ 140,466 142,394 147,923 $ 129,605 $ 133,325 Net Liabilities $ 311,538 $ 618,191 $ 186,867 $ 139,132 $ 146,144 Fund Balance Beginning of Period $ (112,006) $ 131,409 $ 222,690 $ 198,900 $ 221,362 Current Year Earnings $ 158,995 $ (243,415) $ (91,282) $ 23,791 $ (22,462) Net Fund Balance $ 46,988 $ (112,006) $ 131,409 $ 222,690 $ 198,900 Total Liabilities & Equity $ 358,527 $ 506,184 $ 318,276 $ 361,823 $ 345,043 M:\CITY\Airport projects\Airport Financial Condition  Revised 7/6/2021 City of Fremont Airport Financial Status As of September 30, 2020, 2019, 2018, and 2017 YTD (Final) (Final) (Final) (Final) 6/30/2021 9/31/2020 9/30/2019 9/30/2018 9/30/2017 Revenues: Grant Revenue: $ 118,139 $ 1,723,822 $ 172,035 $ - $ - Transfer in From Gen Fund $ 318,334 $ 112,064 $ - $ - Fee from FBO $ 13,864 $ 18,486 $ 18,486 $ 18,486 $ 18,486 Rental Income: Overflow parking rent $ 1,997 $ - Aerial application $ - $ - Hangar, Pad Rent & Water $ access 59,191 $ 102,710 $ 82,490 $ 83,910 $ 83,850 Farm Rent $ 33,898 $ 55,669 Fuel Flow Fee $ 3,466 $ 6,486 $ 6,901 $ 5,305 $ 5,005 Interest Income $ 75 $ 231 $ 400 $ 526 $ 648 Miscellaneous Inc $ 307,822 $ 2,120 $ - $ 150 $ - Total Revenues $ 820,893 $ 1,965,918 $ 280,312 $ 144,271 $ 163,658 Expenditures: Salaries & Wages $ 1,080 $ 10,903 $ 10,563 $ 9,710 $ 8,762 FICA/Medicare/WC $ 83 $ 834 $ 792 $ 743 $ 670 Contractual Services: Professional services $ - $ - $ 1,555 $ 22,550 $ 53,647 Advertising $ 277 $ 82 $ 265 $ 44 $ 77 Telephone $ 1,024 $ 1,262 $ 1,191 $ 1,159 $ 1,118 Travel & training $ - $ - $ 302 $ - $ - Repairs & Maintenance $ 11,758 $ 5,205 $ 7,169 $ 6,644 $ 37,297 Utilities $ 6,998 $ 10,210 $ 10,056 $ 8,980 $ 12,063 Insurance $ 8,780 $ 11,005 $ 9,759 $ 9,307 $ 9,258 Hire equip/Equip rent $ 15,983 $ 11,018 $ 13,650 $ 6,678 $ 4,993 Other (Incl 20% FBO fee) $ 23,338 $ 36,947 $ 33,138 $ 33,618 $ 31,723 Commodities: Electrical Parts/Supplies $ 239 $ 505 $ 2,668 $ 2,369 $ 366 Building Supplies $ 456 $ 1,058 $ 2,571 $ 2,178 $ 4,409 Machinery & Equipment $ 92 $ 367 $ 574 $ 83 $ 9 Cement & Asphalt $ - $ 2,322 $ - $ - $ - Other $ 506 $ 2,152 $ 32,105 $ 1,167 $ 728 Capital Outlay: Building improvements $ 360,418 $ 24,916 $ 20,958 $ - $ - Infrastructure $ 85,812 $ 1,698,717 $ 28,824 $ - $ - Engineering $ 145,055 $ 391,832 $ 195,455 $ - $ - Other capital outlay $ - $ 3,000 $ - Debt Service Principal payment $ - $ - $ - $ 12,250 $ 21,000 Total Expenditures $ 661,898 $ 2,209,334 $ 371,593 $ 120,481 $ 186,120 Net Income $ 158,995 $ (243,415) $ (91,282) $ 23,791 $ (22,462) M:\CITY\Airport projects\Airport Financial Condition