Subject:
Title
Continuation of a $4.50 Passenger Facility Charge at the St. Pete-Clearwater International Airport.
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Recommended Action:
Recommended Action
Approval and execution by the County Administrator authorizing St. Pete-Clearwater International Airport (PIE) to submit Passenger Facility Charge (PFC) Application #4, #5, and #6 to the Federal Aviation Administration (FAA) to allow continued collection of the PFC fees to fund FAA approved projects.
Body
Strategic Plan:
Foster Continual Economic Growth & Vitality
4.4 Invest in infrastructure to meet current and future needs
Deliver First Class Services to the Public and Our Customers
5.2 Be responsible stewards of the public’s resources
Summary:
Submitting a new PFC application will ensure that PIE can continue imposing a $4.50 PFC on each enplanement and can continue collection to fund PFC eligible improvements to PIE’s terminal and airfield.
Background/Explanation:
On December 11, 2018, the Board of County Commissioners (Board) approved Resolution 18-102 which authorized PIE to submit an application to the FAA for the imposition and collection of a new PFC fee in the amount of $13,574,684.00 (Legistar #18-1778A). After the Board approved this application in the amount of $13,574,684.00, the FAA requested that PIE phase the application into three separate applications, which equal the same dollar amount.
The first application (#4) will be in the amount of $11,390,230.00, the second application (#5) will be in the amount of $1,434,454.00, and the third application (#6) will be in the amount of $750,000.00.
Authority for the County Administrator to sign these applications is by ratification. Due to exigent circumstances, the County Administrator signed these applications in order to expedite processing and meet the FAA’s deadline. This ratification will be presented to the Board on February 5, 2019.
Fiscal Impact:
The total PFC revenue to be collected in the new applications remained the same total of $13,574,684.00 as approved by the Board on December 11, 2018. The expiration date for these applications is anticipated on or about October 1, 2023 based on historical collections. This revenue will be included in the FY20 CIP budget development process.
PFC Application #4 $11,390,230.00
PFC Application #5 $ 1,434,454.00
PFC Application #6 $ 750,000.00
Total $13,574,684.00
Delegated Authority:
Authority for the County Administrator to sign these applications is by ratification that will be presented to the Board of County Commissioners’ meeting on February 5th, 2019. Due to exigent circumstances, the County Administrator will sign these applications in order to expedite processing and meet the FAA’s deadline.
Staff Member Responsible:
Thomas R. Jewsbury, Director, St. Pete-Clearwater International Airport
Partners:
FAA
Attachments:
PFC Application #4
PFC Application #5
PFC Application #6
PFC Application #4 (combined) approved by the Board on December 11, 2018
Resolution 18-102