HomeMy WebLinkAbout2007-04-09 07-143 RESOLVE-COUNCIL ACTION
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Date: April 9, 2007
Item/subject: Appropriating $1,696,765 from Unanticipated Fiscal Year 2007 Airport Revenues
for Additional Operating Expenses and Capital Improvements to Airport
Infrastructure.
Responsible Department: Airport
Commentary:
The budget for fiscal 2007 anticipated handling 1,025 international transit flights. Current
projections are that the Airport will handle 1,600 flights resulting in unanticipated revenues of
$2,534,000. The Airport has or will incur an additional $500,000 in expenses in handling these
additional flights. This appropriation would cover these additional costs. R is also prudent to invest
some of this revenue in Airport infrastructure. improvements would include: Replacing piping for
the heating system at Dock 12 - $116,000; Improvements to the pudic parking lot - $750,000;
Repair the Exterior of the Domestic Arrivals Building - $13,000; Improve Entryway of (DAB) -
$15,165; Renovate Restrooms in DAB - $ 20,000; Repair Exterior of International Arrivals Building
- $ 25,000; Replace Roof over the DAB sidewalk - $49,000; Replace Roof outside of the transit
lounge - $ 94,500; Replace Roof outside of dispatch - $114,100.
Rebecca Have
Department Head
Manager's Continuants:
This has been reviewed and is recommended by ft Transportation and Infrastructure Committee.,, //
City Manager
Associated Information:
Budget Approval:
Rnance Director
Legal Approval:
City Solicitor
Introduced for
Passage
_ First Reading
_ Referral
Page I of 1_
07 143
Asmigomd to Councilor Palmer April 9, 2007
CITY OF BANGOR
(TITLE.) Resolve, Appropriating $1,696,765 from Unanticipated Final Year 2007 Airport Revenues for
Additional Operating Expenses and Capital Improvements to Airport Infrastructure.
WHEREAS, Bangor Intemadonal Airport's net revenues have far exceeded the budgeted amounts for
fiscal year 2007;
WHEREAS, Additional operating expenses were incurred in earning the additional revenue; and
WHEREAS, It is prudent to reimest some of Mese earnings into the infrastructure of the Airport;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT
The amount of $1,696,765 is hereby appropriated from unanticpatetl Airport revenues from Fiscal Year
2007 M cover additional operating expenses and reinvest in the infrastructure of Bangor International
Airport, as follows:
The City Finance Director is hereby authorized to place these amounts within the appropriate accounts.
• Additional opeFeting expenses incurred in service of additional flights
$500,000
• Replace piping for heating system at Doric 12
$116,000
• Improvements MMe public parking lot
$750,000
• Building improvements
$330,765
• Repair
the Exterior of the Domestic Anfvals Building
$ 13,000
o Improve Entryway of (DAB)
$ 15,165
o Renovate Restrooms In DAB
$ 20,OOD
• Repair Exterior of International Arrivals Building
$ 25,00D
• Replace Roof over DAB Sidewalk
$ 491000
• Replace Roof outside of Me transit lounge
$ 94,500
o Replace Roof outside of dispatch
$114,100
The City Finance Director is hereby authorized to place these amounts within the appropriate accounts.
IN CITY COONCIL
Api1 9. 2007
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(IIYLNJ Anotoorfatirr S1 696 765 from
IN CITY COONCIL Unanticipated Fiscal Year 2007 Airport
April 23. 2007
Notiom Made and Seceded and Captial Improvements to Aiptot
for Passage
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Assipmd it Counncito: B�APAol
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