BOARD OF MAYOR AND ALDERMEN WORK SESSION

AmidNW...1k KNGSPORT TENNEEE BOARD OF MAYOR AND ALDERMEN WORK SESSION MINUTES Monday, February 03, 2025 at 4: 30 PM City Hall, 415 Broad Street, Montgomery - Watterson Boardroom Board of Mayor and Aldermen Mayor Paul W. Montgomery, Presiding Vice Mayor Darrell Duncan Alderman Colette George Alderman Morris Baker Alderman Gary Mayes Alderman Betsy Cooper Alderman James Phillips I. CALL TO ORDER 4: 30 pm by Mayor Montgomery. II. ROLL CALL by City Recorder/ Treasurer Lisa Winkle. III. DISCUSSION ITEMS 1. BRIDGE Airline Request- John Rose Mr. Rose gave a presentation on this item, noting this project was one of the top results of the strategic planning process last year where several cities, counties and communities in the region participated. He provided statistics on the airline capacity for the Tri- Cities Airport, stating this is a growth market. He then gave an overview on the airline incentive service, noting the benefits it will provide. He pointed out the airport itself is prohibited from offering such incentives so the BRIDGE has volunteered to fulfill this role. Mr. Rose remarked they are currently talking with an airline, and they are asking for a two million dollar incentive, which is less than expected. This airline would add direct flights to two additional major destinations not presently provided. He provided information on the Minimum Revenue Guarantee and explained how the partnership would work with local municipalities, noting the airline will share the risk. He stated they are also talking with other local government agencies for them to buy into this project. There was considerable discussion throughout the presentation. Gene Cossey with the TRI provided further details and answered questions. He talked about the passenger demand analysis study and the increase in stimulated demand based on the new airline. He stated the TRI board is supportive of this action and gave details on the stakeholders with the airport. Page 1 of 2  BOARD OF MAYOR AND ALDERMEN WORK SESSION MINUTES Tuesday, February 3, 2025, at 4: 30 PM Kingsport City Hall, 415 Broad Street, Boardroom IV. REVIEW OF BUSINESS MEETING AGENDA City staff gave a summary for each item on the February 4, 2025 proposed agenda. The following items were discussed at greater length or received specific questions or concerns. IX. 2 Consideration of a Budget Adjustment Ordinance for the General Fund in FY2025 AF-41- 2025) Alderman George expressed concerns about the city continuing to fund the shelter. Former City Manager John Campbell provided some details regarding recent fundraising efforts and the progress being made concerning staffing and their board. V. ITEMS OF INTEREST 1. Projects Status Report VI. ADJOURN Seeing no other business for consideration, Mayor Montgomery adjourned the meeting at 5: 39 p. m. c NNESS Orti. .:": # - i... AA I.; %' '.• Villidii ":".-: glA) ')Vi r w"; c; ems ANGE $ PAUL W. MONTGO RY Deputy City R= orci,;" EOO Mayor Page 2 of 2