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HomeMy WebLinkAbout2004-10-25 04-327 RESOLVEItarn No. 06-327 Dace: O ber 25. 2004 Item/Subject Resolve, Making an Approprlabon from Airport Reserves for to Purpose of Funding an Agreement wit Intrac, Inc, to perform European Madredng Services for Bangor International AirpoR Responsible Department Airport Commentary: The Transportation and Infrastructure Committee has recommended tat the City enter into an agreement wit Intrac, Inc. to provide certain marketing services for Bangor International Airport. Intrac has proposed working ro attract European low -cast service to BIA along wit exploring other assodaled opportunities to Increase European traffic. The Committee has requested tat staff develop a funding recommendation for this agreement that makes use of bot currently budgeted funds and airport reserves. Awed of to contract will be considered at an upcoming Finance Committee meeting, and the Transportation Committee felt R would be appropriate to also have to Finance Committee review and make a recommendation on a funding strategy. Since this funding strategy will likely depend in part upon an appropriation of Alrpod reserves and such an appropriation requires that and second reading, to Committee requested tat this item appear on tonight's agenda and be referred to to Finance Committee. This will allow to Finance Committee to ad at to same time on both to proposed agreement and how it will be funded. Department Head M_anafgers Comments: jL ny, .j �'i-��gµ ,���Oy,� ry 'er _ _ _ wf��.^.�' T LF`��LICity Manager TrNUipiwin LY WSTPoajO Associated Information: W Finance Director Legal Approval: City Solicitor Introduced for Passage X First Reading page l of X Referral to the Finance Committee "singed to Comeilor Farrington October 25, 2006 CITY OF BANGOR (TITLE.) Resolve, Making an Appropriation from Airport Reserves for the Purpose of Funding an Agreement with Intrac, Inc. to Perform European Marketing Services for Bangor International Airport. WHEREAS, Intrac, Inc has approached the City with a proposal that it undertake certain marketing efforts in Europe on behalf of Bangor International Airport; and WHEREAS, these marketing efforts are designed to attract European carriers to utilize Bangor Intemational Airport as a destination for low-cost and/or charter Flights from Europe as well as other related activities that may Increase passenger or freight service to Bangor International; and WHEREAS, Intrac has indicated that it has made a number of preliminary mrrczcts with potential clients who may be interested in exploring such services; and WHEREAS, based on these discussions, the Transportation and Infrastructure Committee of the Bangor City Council has recommended that the City enter into an agreement with Intrac subject to the approval of the Finance Committee of the City Council; and WHEREAS, the Transportation and Infrastructure Committee has also requested Mat airport personnel develop a funding strategy for such a contract making use of budgeted airport funds as well as airport reserves. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITU OF BANGOR, THAT The amount of $ is hereby appropriated from Airport Reserves for the purpose of funding an agreement with Intrac, Inc. for the purposes of performing certain designated marketing functions in Europe designed M increase international traffic at Bangor International Airport. BE IT FURTHER RESOLVED, THAT this amount shall be placed in an account Or accounts as determined by the Finance Director. IN CITY COUNCIL October 25. 2004 First Reading Referred to Finance ties Ci TI C IN CITY COUNCIL November 8. 2004 Notion ease and Secnmed to postpone Indefinitely Pas d. postponed Indefinitely Y4 B10[ 4 04-921 R HS01 V (TITLE) caking on Appropriation fore Airport Reserves for the purpose of Ihmding an agreement with Intrac. Inc. TO fetfolm for Bangor International Airport immar