Subject:
Title
Memorandum of Understanding with the St. Pete-Clearwater International Airport for the Sheriff’s Hangar.
label
Recommended Action:
Recommended Action
Approval and execution by the County Administrator of the Memorandum of Understanding (MOU) with the St. Pete-Clearwater International Airport (PIE) for the Sheriff’s Hangar.
• An MOU has been in place since October 1, 2004.
• The current MOU expired on September 30, 2024.
• The new MOU term will be for a term of five (5) years, expiring on September 30, 2029.
• The MOU annual rental rate, due on October 1 of each year, is revised every five (5) years to reflect any increase or decrease in the Consumer Price Index-Urban (CPI-U).
• Beginning on October 1, 2024, the annual rental rate will increase from $24,929.50 by $5,655.57 (22.70%) to $30,585.07.
• Funding for this agreement is included in the FY25 Operating Budget for CPM in the General Fund.
• Future year funding will be dependent on the adoption of the annual County Operating Budget.
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Strategic Plan:
Smart Service Delivery
4.2 Achieve and maintain a high level of customer satisfaction.
4.4 Pursue continuous improvement.
Summary:
The new MOU for the Sheriff’s Hangar extends the MOU for five (5) years and establishes new annual rental rates with PIE.
Background/Explanation:
Pursuant to Federal Aviation Administration (FAA) requirements the Airport Revenue Fund must be compensated at full currently appraised Fair Market Value rental rates by governmental entities utilizing airport premises.
As prescribed in the Land Use Agreement dated October 1, 2004, Paragraph 4., effective October 1, 2024, the annual rental rate in order to reflect current appraised fair market value is revised every five (5) years to reflect any increase or decrease in the Consumer Price Index-Urban (CPI-U).
Beginning on October 1, 2024, the annual rental rate will increase from $24,929.50 by $5,655.57 (22.70%) to $30,585.07.
Fiscal Impact:
MOU includes a $5,655.57 (22.7%) increase for a revised annual total of $30,585.07 for a five-year term.
Funding for this agreement is included in the FY25 Operating Budget for CPM in the General Fund.
Future year funding will be dependent on the adoption of the annual County Operating Budget.
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Delegated Authority:
Authority for the County Administrator to sign this MOU is granted under Code Section 2-62(a)(1).
Staff Member Responsible:
Mark Sprague, Airport Director, St. Pete-Clearwater International Airport
Bill Greer, Director, Construction and Property Management
Partners:
St. Pete-Clearwater International Airport
Attachments:
2024 MOU
2019 MOU
Land Use Agreement
MOU CPI Calculation Spreadsheet