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08-08-2022 Joint SAA MinutesCITY COMMISSION MINUTES AUGUST 8, 2022 SPECIAL JOINT MEETING The City Commission of the City of Sanford, Florida, met in Special Joint Meeting with the Sanford Airport Authority (SAA) on Monday, August 8, 2022, at 4:00 PM, in the City Commission Chambers, Sanford City Hall, 300 North Park Avenue, Sanford, Florida. City Commission Present: Mayor Art Woodruff Vice Mayor Patrick Austin Commissioner Sheena R. Britton Commissioner Kerry S. Wiggins, Sr. City Manager Norton N. Bonaparte, Jr. City Attorney William L. Colbert City Clerk Traci Houchin Deputy City Clerk Cathy LoTempio Sanford Airport Authority Present: Clyde Robertson, Jr. Kenneth Bentley Benny Crosby Charles Gregg, Sr. Frank S. loppolo, Jr., Esq. (Arrived at 4:08 PM) William Miller Stephen Smith Absent: Commissioner Patty Mahany SAA Chair Jennifer T. Dane SAA Member Tom Green Sanford Airport Authority Staff Present: Nicole Guillet, President & CEO George Speake, Executive Vice President & COO Gino Martinez, CPA, Finance Manager Lori Hunt, Executive Assistant 1. Meeting called to order by Mayor Woodruff. The meeting was called to order by Mayor Woodruff at 4:02 PM, at which time he turned the meeting over to Sanford Airport Authority Vice Chairman, Clyde Robertson who called the meeting to order for the Sanford Airport Authority (SAA). CITY COMMISSION MINUTES AUGUST 8, 2022 SPECIAL JOINT MEETING A. Sanford Airport Authority FY 2022-2023 Budget: Presentation by Sanford Airport Authority President/CEO, Nicole Guillet. Ms. Guillet gave a brief introduction of her background. She said the Sanford airport added two new Canadian Airlines, Swoop and Flair and passengers have increased 43% from Fiscal Year 2021. There recently has been a slow -down in passengers due to the shortage of pilots, crew and supply shortages. The airport has refinanced the terminal expansion debt of $26M at a favorable interest rate pay down of $12.5M using funds from the ABPA Grant. She said the 2021 Air Show attracted approximately 25K spectators and is looking forward to the 2022 Air Show. Overall the airport had a successful Financial/Single/PFC Audit. Ms. Guillet introduced Gino Martinez, SAA, CPA, and Finance Manager. Mr. Martinez provided a power point presentation of the Fiscal Year 2022/2023 Budget Factors. The Fiscal Year 2022/2023 budget includes a 6% increase in operating revenue versus a 1% versus Fiscal Year 2021/2022 budget. Capital expenditures $5.6M ($3.6M SAA funds) include; $3M for the Airport Maintenance Complex (50%-50% FDOT funding opportunity) to improve facilities and enhance staff efficiency with improved layout and accessibility and $1.6M for commercial real estate infrastructure development to stimulate additional non -aviation revenue. The total proposed operating budget is $13.5M with total operating expenses of $15.1M. There is a 5.5% increase in salaries, a 9.4% decrease in office and administrative expenses, a 30% decrease in marketing, advertising and community relations (50- 50% cost share Canadian and community), 6% decrease in repairs and maintenance (due to a CITY COMMISSION MINUTES AUGUST 8, 2022 SPECIAL JOINT MEETING newer fleet), a 15% decrease in professional and contract services and $2M available in the COVID- 19 Federal Relief Utilization Fund. George Speake, SAA Executive Vice President and COO, announced the airport would be hosting the Aerospace and Aviation Day on January 28, 2023 and the 2022 Air and Space Show on October 29 and 30, 2022. Commissioner Britton asked for a further description of the Commerce Park Project. Ms. Guillet said the project is for improvements. Mayor Woodruff asked for the Commission to receive a copy of the second page from the Consultant on the project. Mayor Woodruff asked Mr. Speake to describe the updates to the Information Technology and phone system. Mr. Speake said this project would finish the loop around the airport allowing all tenants access to the internet and phone system. Commissioner Austin asked if the SAA is working on resolving the waiting list for hangers. Ms. Guillet said this is being worked on. There had been some non -aviation use in the hangers and those tenants have moved out. There are funds in the budget to refurbish the hangers, however, there are no plans to build new hangers. There has been significant interest from private developers to build new hangers. Mr. Robertson moved to approve adjournment of the Sanford Airport Authority portion of the Work Session. Seconded by Mr. loppolo and carried by vote of the Committee as follows: Kenneth Bentley Aye J. Benny Crosby Aye Charles Gregg Sr. Aye Frank S. loppolo, Jr. Aye CITY COMMISSION MINUTES AUGUST 89 2022 SPECIAL JOINT MEETING William Miller Aye Clyde Robertson, Jr. Aye Steve Smith Aye There being further business, Mayor Woodruff adjourned the meeting at 4:33 so X, A Attest: IJ City Clerk CL