Subject:
Title
Operating Permit for Peer-to-Peer Car Sharing with Turo, Inc. at St. Pete-Clearwater International Airport.
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Recommended Action:
Recommended Action
Approval and execution by the County Administrator of the Operating Permit for Peer-to-Peer Car Sharing (Permit) with Turo, Inc. (Turo) at St. Pete-Clearwater International Airport (PIE).
• The permit term is for five (5) years.
• The permit is terminable with 30 days’ notice by either party.
• Turo, Inc. will pay the Airport $50.00 per month or 10% of gross receipts, whichever is greater. Their current permit fees are $50.00 per month or 6.5% of gross receipts, whichever is greater.
• This request is budgeted for in the FY27 Budget of PIE in the Airport Revenue and Operating Fund. In the event that future fiscal year funding is not available for this agreement, the County maintains the authority to terminate this agreement.
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Strategic Priorities:
Prosperity and Opportunity
3.5 Foster business growth.
Smart Service Delivery
4.2 Achieve and maintain a high level of customer satisfaction.
Summary:
This permit will allow Turo the rights and privileges necessary to operate its peer-to-peer car sharing at PIE. The permit term is for five (5) years with a 30-day termination clause.
Background/Explanation:
Turo is the world’s largest peer-to-peer car sharing marketplace based in San Francisco, California. It enables clients to rent the vehicle of their choice directly from individuals, providing a convenient and quick way to rent a car fully online.
Turo is a pioneer of the sharing economy and the travel industry. Turo offers a safe, supportive community with more than 450,000 vehicles listed and over 850 unique make and models available.
Fiscal Impact:
The Fiscal Year 2025 income to the Airport was $207,354.00 to the Airport’s revenue and operating budget (Fund 4001). With the increased percentage (from 6.5 to 10), we expect to make an additional $120,000.00 per year.
This request is budgeted for in the FY27 Budget of PIE in the Airport Revenue and Operating Fund. In the event that future fiscal year funding is not available for this agreement, the County maintains the authority to terminate this agreement.
Delegated Authority:
Authority for the County Administrator to sign this Permit is granted under Code Section 2-62 (a)(5).
Staff Member Responsible:
Mark E. Sprague, C.M., Director, Airport
Partners:
Turo, Inc.
Attachments:
Operating Permit for Peer-to-Peer Car Sharing