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HomeMy WebLinkAboutMinutes August 14, 2024 1 Rexburg/Madison County Joint Airport Board Minutes August 14, 2024 Those in Attendance: Airport Board Members: Todd Smith – County Commissioner David Taylor Colin Ericson - City Council Liaison Randy Sutton Matt Nielson – City of Rexburg CFO Craig Cobia Keith Davidson – Staff Liaison/Public Works Breck Barton Natalie Powell Conger– Compliance/Minutes John Seal -FBO Those that asked to be excused: Ray Pocock, Rob Webster and Wade Bowman. Those in attendance from the community: JaNeal Shaw David Taylor Airport Board Chairman – Opened the meeting at 4:30PM. He welcomed all those in attendance. Breck Barton was introduced as the newest Airport Board Member replacing Mark Jensen. Mark plans on spending a lot more time in St. George. Breck Barton shared a bit of information about his background. He stated from an early age he had always wanted to fly. Once he was more established in his law practice, he took a few lessons. He ultimately got to the point where he was able to get rid of some debt and bought an airplane; used it in the business. Then it came time to start planning for retirement, so the airplane was sold. David Tayor turned the time over to CFO Matt Nelson for the financial report. Matt Neilson passed around copies of the financial report to those in attendance. Matt Nielson – City of Rexburg CFO began explaining the financials. He explained the city has three different accounts/funds for the airport. The first one is fund 47; the Operating Fund. The second fund 48 is the Construction Fund to track the bigger capital projects that have revenue coming back from the FAA and the State of Idaho as well as the split that is leftover to be covered by Madison County and The City of Rexburg. Fund 49 is the city’s reserve or savings for the relocation of the airport. The county also has a similar fund for their portion of the relocation project. Both the city and the county stay fairly close to saving the same amount in their accounts. David Taylor asked if both the city and the county were still allocating a little bit to these accounts. Matt and Commissioner Todd Smith confirmed that they were however it is a little bit less because the accounts are earning quite a bit of interest. Matt stated that in the beginning both parties were saving roughly $100,000 per year. Now it is more like $15,000 a year because now that it is built up to roughly a million dollars then the interest is helping to increase those funds quite a bit. 2 Randy Sutton asked where the $30,000 receivable came from in the construction fund 48? Matt informed him that money came from the county. The city billed the county for part of their share and is just waiting to receive it. Todd Smith stated it was on the way. Matt Nielson – City of Rexburg CFO continued by flipping the page to Fund 47, the Operating Fund. He explained he tries to list two prior years, 2023 & 2022 actuals are shown. In the shaded section is 2024 budget year which we are currently in. The budget year runs from October through September, that is the fiscal year. The financial report shows the revised budget because it could have changed from the original budget. Then you have actuals through July. (There is a typo. Where it's label May it should be July) Then you have the projected actuals. Matt explained what he is doing is trying to predict where the budget will be at the end of September. On the far right of page two, that is next years fiscal year budget. The city will adopt that budget at the City Council Meeting next week. Matt went on to state he will refer mostly to the last two columns as he goes through the rest. The city has put in $20,000 this year and is planning for $18,500 next year. The city charges rent on the land leases of those that have buildings/hangers located at the airport. The city increased this rent by 10% for next year; it will go from about $22,000 to about $24,000. Matt Nielson pointed out the royalty fees, $4,300 predicted for this year and $4,400 for next year. Landing fees are collected from Ameriflight/UPS, they are the only ones coming in on a daily basis. Next on the list is the county contribution. The final revenue on the very bottom is what was carried over from last year. Keep in mind revenues are shown on this report as a negative. The $15,800 that is shown here is actually a negative from where things ended last year. Matt said that going into next year, hopefully the negative is only about $4,300 by the end of fiscal year 2024. Moving on to the expenses, there is a charge/salary for employees at the Parks Department who do labor at the airport such as snow removal in the winter. Compliance expense for Natalie to enforce the rules and regulations as well as annual inspections. The next page continues with expenses. There are not a lot of big ones however a couple of them are labeled TBD. One is the FBO expense and the other is $1,600 in utilities, $4,000 in equipment and $3,600 in rent for the pilot lounge to be open and accessible. The city shop charges for any work they do; $18,000. David Taylor asked if there was a separate line item for the electricity for the runway lights and beacon; if they were being billed separately. Matt stated he believed the cost is combined (up above in the report) with the heat and lighting costs. Keith mentioned it may be included in the $3,600 given to Craig Frisby. John Seal stated he had no idea what it costs to run the lights. He then questioned the maintenance of the lights etc. Keith answered saying that was all included in the contract the city had with Craig. John wanted clarification that Craig is still doing all that work, that there isn’t anything John should be taking care of that is being over looked? Keith said not at this point however this is why we need to sit down and go over everything together soon. At some point Craig will leave and we have to make sure everything is covered. 3 Matt Nielson – City of Rexburg CFO continued on with the financial report. At the bottom it lists the total expenses to be $62,400 hoping that we get back to a zero balance before the end of fiscal year 2025. He asked if there were any questions before moving on to Fund 48 Capitol Construction. John Seal stated that the most frequent asked questions that he gets as people are calling into the airport main line is “What are your fees?” Right now we don’t charge any landing fees, tie down fees etc. Discussion took place concerning fees. David stated that most airports this size do not charge any type of fees. Rexburg’s City Ordinance prohibits a plane being abandoned therefore planes are only allowed to be parked at the airport for 100 days after that they will be accessed a fine if they haven’t moved. Randy Sutton stated it would make more sense to start charging fees at the new airport because there will be larger aircraft coming in. Matt Nielson resumed his report of Fund 48 Capitol Construction through July. As you go through this you can see that typically the main funding source, 90% of it is through the federal government. The City of Rexburg and Madison County are each putting in $31,900 each for fiscal year 2024. Next year, it will be $22,500 for fiscal year 2025. We don’t always know what we are going to get from the State of Idaho but we budget two and a half percent. At the bottom of this page it shows that at the beginning of fiscal year 2024 we carried over $53,000 in this fund. By the end of next year we will carry over $44,000. In the expense section, there is $60,000 that we are hoping to use before the end of September. Keith Davidson – Public Works Director stated he spoke will Bill Blair who is over the Street Department for the City of Rexburg. Bill will be using that $60,000 towards crack sealing. He will be using the Mastic machine to level off all the back taxi ways. David Taylor asked if the county had been able to get out there yet to cut the weeds down. Todd Smith stated he had asked them to. Keith mentioned that if the county hasn’t gotten to it yet, then Bill’s crew will take care of it when they’re doing the crack sealing. Matt Nielson reminded the board members to keep in mind that the $60,000 in this fund is “in house” meaning it doesn’t receive any match from the FAA it comes out of savings. Same thing for the $9,000 listed below it. The $9,000 is used to pay Keith’s time. It is not FAA funded. The only FAA funded thing we have going on right now is the Environmental Assessment Study (ESA). It is estimated that we will spend $80,000 this year and we have $700,000 in the budget. Keith said it will be less than that because there is a grant coming in to cover a portion of the study. He believes it is around $412,000. We had to break up the EAS because of what the costs were and how much funding the FAA had. Matt Nielson asked if there were any questions before moving on to Fund 49. David Taylor said that when we first started this relocation project we were told the total cost would be around $22 million, he now feels we would be lucky to get it under $40 million. Keith and Matt agreed. Matt said that they have been upping the contribution each year. Keith said the project is outside their window however they still have this project in and are looking past that for funding coming in. David said we just better be prepared to be able to meet our 7 ½ % 4 requirement. Keith said it is actually 10% match. The FAA comes in with 90%. The State of Idaho granted $4 million to this project to utilize. David asked if that went towards the 2 ½ % Keith said it may be more than the 2 ½ % at the end of the day. We will just have to wait and see. County Commissioner Todd Smith stated we are close to coming up with the 7 ½ % match because even at 40 million 7 ½% is 3 million. We each have about 1.5 million saved, so we’re close. Matt Nielson continued the report by saying that we will end this year at about 1.1 million and we believe we will add about $40,000. Actually we only budgeted in about $5,000 Todd stated the county budgeted in $2,500. However we are earning close to $40,000 interest this year from our investments. Matt asked if there were any questions before moving on. David Taylor said one of the things we’ll be looking forward to at the new airport is we will have to change the dynamics of how it is managed. There will be someone who is in charge of the daily operations such as snow removal, lights, gate keeping all the little things. We will have to up the game. If it’s going to be a city/county airport then it will just have to be a budget item. Keith Davidson agreed saying the FBO on site will be the boots on the ground because they will be there. The city/county will be looking at how they get the revenue sources to fund having someone there whether it is the FBO or whether someone on staff manages it. David Taylor said there are so many different ways airports do it. David was recently at Jerome, where they have a private FBO. He said they are making it a business, they have some industry coming in regularly to make it worth their while. They have a hangar attached to the FBO office with all the amenities. Another way to do it would be to have a city/county owned facility. If we are going to have a new airport we better be willing to put a better face on it. David Taylor went on to say that all the new airport locations that the FAA originally identified are still on the table, however they all have issues. The FAA has completed the feasibility study at this location west of Rexburg and they are currently working on the environmental study. In reality the preferred site is the one we are working on west of Rexburg. Keith Davidson pulled up GIS on the overhead to show the exact proposed location. David said he’s been driving out to this location when there’s a little wind blowing. He turns off on a little dirt pull out by the old railroad tracks, which are on a 210 heading. He says from that location he stands and looks at the Butte. He feels we could get a 200 degree runway, the Butte is five miles beyond, that doesn’t mean we as pilots have to fly directly towards the Butte on departure. Keith Davidson said the FAA allows for a certain degree of offset as you come in on the approach as well as the departure. Keith said as it is laid out it meets all the standards. They have completed all the required studies, it meets the wind rows and all other FAA standards. David Taylor said what he was going to suggest is that the wind is exactly the same as it is at the current airport. The wind is coming at exactly the same direction. The Butte really doesn’t effect the wind. There may be a little turbulence on a really wind day but on average it isn’t any different than where we are at now. The Rexburg bench can create a little wind at times. The wind studies showed the same thing. He went on to say he visits a lot of airports and a lot of them are in communities about the same size as Rexburg, the airports are located 7 or 8 miles from the town. Our new one 5 will be located 6 miles from the existing airport. All airports want to be located in an area where there isn’t congestion or housing. Keith Davidson said the nice thing about this location is that BLM surrounds the entire area. There will be no threat of new building taking place around the new airport in the future; no future encroachment on the airport. A bit of history: David said in a perfect world, the first spot that came to mind was on county line between Madison and Fremont County where all the Basic American pivots are, but you have growth out there and 9 land owners to deal with. Todd added you’d have to deal with two counties as well. Keith mentioned St. Anthony airport’s flight patterns come through that area. David said he tried to approach the Fremont County Commissioners, they just showed no interest at all or even wanted to consider it. We also looked at a spot up on the hill however that makes the least amount of sense out of all of the locations. Keith said it might be the easiest location but the absolute worst in the winter or any time we have weather because the ceiling and visibility will be reduced. David said that was a major reality check. The FAA considered several sites, up to and including keeping the existing site but the FAA will only fund what the FAA will approve in their design standards. We could keep the current runway but we don’t have width and separation so by lengthening the runway it goes to a B2 Category airport which will bring in light jets and if they have a deviation off the runway we don’t have separation from the centerline of the runway to the hangars or from centerline to the homes. Pilots don’t have an option on the departing end of the runway, prevailing winds. There has been a lot of discussions back and forth, a lot of heated discussions. David said he has had heat from pilots and he himself doesn’t like the idea of walking away from the assets at the current airport, including the air museum and everything else. But there comes a point in time when we have to ask ourselves, what is this community going to look like in 100 years or even in 20 years? We have to do what is best for the community as a whole. Where do we need to be to meet those needs? David said this isn’t for him, the current airport is perfect for him. It’s for what this community is going to require and what is expected. The hidden nine thing of not if but when there is an event. What is that going to look like. What will it do to homes, to roads, to pilots, to crew members? We have had events in the past and be sure we will have more in the future. We have all seen planes go down where there are currently subdivisions. All of it combined, let’s do the right thing. Breck Barton asked if the county/city owns the land where the airport is currently located. David and Keith responded that yes, the FAA actually will as the ground gets sold off the money will have to go to the new airport. Breck stated the assets there are not dead, they will be able to be used. Breck said it seemed to him that that ground as it’s sold has some very good potential as residential as well as commercial development. Keith said there has been a lot of discussion concerning what is the best way as the move happens. What’s the best way to help out the current hangar owners. One side of the equation is the way St. George moved their airport out of town. John Seal had asked Keith if the FAA helped the FBO go there. Keith didn’t have an answer but they had a total of 65 hangars owners and they didn’t do anything for those hangar owners because they are all at risk because the land their hangar is sitting on belongs to the county/city. He said that 63 of the hangars moved to the new location in St. George without any additional help. So that is one way of doing it. The other side of the equation is how do we work through it. We will continue wrestling with this issue as we get closer. Internally, the city staff has been talking through this and looking at the different options. One option to look at is the redevelopment of the current site. What’s the best option for tax value coming into the city and the county. It’s probably not cider block hangars converting to storage units that’s probably not the best return. It’s probably better as a commercial or 6 Light Industrial Zone as you look at redevelopment of that area, plus the value goes back to the new airport location. Lots of things to think through David Taylor said the dynamics of this whole thing is we’re going to half to look at it in terms of what the city and county’s commitments are going to be to this project and what the FBO’s going to look like, what is their commitment is to be part of the new operation and if we’re going to draw that kind of activity. If we’re going to have 63 of 65 hangars to move out there it’s because we have a viable airport. If we do it right it will work, it won’t be painless but it will happen. It will happen over 10 or 20 years but if we do it wrong you’ll lose an FBO and the city/county will lose the opportunity. The city could say okay come in, built it, own it, put it up, all the fuel farms etc but you’ll never produce anything more than a headache. If we do it right we will succeed. Chairman David Taylor thanked Matt for the financial report and thanked him for keeping the books. He questioned the 10% increase in rents for the year 2025. Keith said it was discussed at the budget meeting. We didn’t have a quorum that day. The budget hearing was held in May and things got a bit messed up. Matt said the square footage fee was discussed as an increase of 10% as well as the landing fee increase 10% and the fuel royalty’s fee. David clarified that the fuel flow would go from 7% to 8% Matt confirmed that was correct. David said some pilots may get a little bothered, but he has made three trips to Coeur d’Alene Idaho this year, it’s expensive $75 a day to park a small plane per day, fuel is $8.10 posted royal fuel gets you down to $7.60. The City of Coeur d’Alene has a pretty good revenue stream coming off that airport. There is a happy medium somewhere, where you have facilities that are well maintained and look nice and inviting as people fly in for business etc. or you can have facilities where it feels like they have an attitude, where they are daring you to get out of your airplane. Now they have a world class FBO up there but I’m not in any means suggesting we do that because frankly it’s scary. You get into any of things resort communities like Sun Valley or Jackson Hole it’s scary. David said he had a friend who landed recently in Jackson and paid for a rental car for five days it cost him $3,500.00. That’s just how some of these places operate. All that does is leave a bad taste in people’s mouths. Rexburg has a great opportunity we should capitalize on it. David went back to the agenda at hand. He turned the time over to Keith Davidson. Keith Davidson Public Works Director started his report with an update from the FAA. Each month Keith has been meeting with the FAA & the BLM on the land and what can be done so we are progressing. The engineering firm ADARA already went out and did a canvas of where the airport is going to go. They covered everything from vegetation to sage grouse. We have all data from when they started the EAS. It is over to BLM so they can run their model. So now it is the State’s Office of Species Conservation turn to way in, they are the ones that have this model that says there has to be an beneficial uplift from the ground, that what we take compared with what they get. BLM has agreed to take State ground. Commissioner Todd Smith knows some people that the county has worked with in the past. Keith is going to get those names etc from Todd then call them to get the ball rolling to what the costs would be to pick up that state ground. Originally, they were looking more north of the sand dunes because that’s what they had on their map as preferred ground. However, they are now saying they would prefer land south of the sand dunes closer to the new site location. There is a bunch of state ground in their parcels so we are looking at a way we could work out a deal with both the state and the BLM where we trade land from the state to the BLM and see what the costs would be. BLM is going to run the model this next month, they’re hoping by the end of September they will have the model run so we can see. We need 612 acres; we 7 pared down the original look because there were a lot of excess acres. This will still give plenty of land for future growth of the airport. David Taylor asked if this will give enough room for hangar development and apron space for the next 50 years. Keith confirmed that it should be good for at lease that long. Keith Davidson went on to inform the board members that he will have the grant signed off by September 3, 2024. It was taken through City Council and County Commissioners to get their signatures to ensure we are continuing moving forward and carrying on. Keith said everything is looking good at this point in the process. David asked Commissioner Todd Smith if he has had recent conversations with the state people. Todd responded they did on the landfill. They have the names and contact information for staff. It may take some political help because the Department of Lands board is made up of the Governor, the attorney general, the superintendent, the controller; they are the ones that make the ultimate decision. The staff just recommends of course and Todd feels there is a really good working relationship there. Keith Davidson said we are hopeful that we can get the state aeronautical board on board to help us nudge the state along to stay in for the long. Usually those state funds are used for schools. Todd said in the past dealing with them, they always like to get more than they give. He said in the landfill swap we gave them 1040 acres and they gave us 970. Keith said we would be looking at purchasing it and hopes to come to an agreement soon. The nice thing about state ground is that we are all on the same page. Todd asked about the revenue the state is currently getting off that land out there. Keith said probably not much at all because they use it for cattle grazing land. Ideally, we will be able to get state ground however if that doesn't pan out then we will hopefully be able to purchase private land for the trade. Cattlemen would still be able to continue using the land for grazing so it really doesn’t effect them other than they would no longer own the ground. They wouldn’t be taxed on it either. Keith said they will continue to look at different avenues and keep exploring the options. Randy Sutton asked when the expected completion date of the EAS would be. Keith responded it is interesting because we have already been through that question with the BLM, and they said generally we pick these ones up a bit later. Keith said best case is 18 months. It is on the BLM side to see if they accept what we give them. We preloaded this and got them out there early and got them going on it. David Taylor said let’s get the information on those parcels out there and get the Governor involved. Keith said he will start the conversation with the staff, see how that goes, if it look favorable. David asked how many acres the state has out there; 700? Keith replied the state has several parcels, one has 640 acres to it. They have a lot of land, multiple parcels just in the area where we are looking. There is also BLM land that sits in the middle of that. We are trying to pick land that has the most sagebrush on it because that will give us the most points and a better score on the environmental study. David Taylor said he will draft a letter to the Governor and Keith can review it at our November meeting. 8 Breck Barton asked for a better location of the proposed airport site in question; a latitude and longitude perhaps. Keith Davidson pulled up the GIS on the overhead projector. Discussion took place concerning the environment study. They will be looking at all wildlife habitat including the sage grouse. The exact location of the proposed site was shown as NW of Beaver Dick Park, the parcel just to the north of the old railroad tracks. A 9,000 foot runway has been proposed. David Taylor asked if Keith was still working with Steve Engelbrook with the FAA. Keith said he has been promoted to the Airport District Office Director (ADO) but he is still involved. Joe is the assistant at the ADO; he has also been involved in conversations. Looking again at the GIS map on the overhead screen, Keith stated that he has a KMZ file that you can drop into google earth to get a better view. He stated he will have that at the next meeting for the board members to review. David said the FAA will not allow an airport to be bult that doesn’t meet their standards. Breck Barton asked how far from Hwy 33 will the end of the runway be. Keith reviewed the Runway Protection Zone. He said it is probably at least a quarter of a mile from the end of the runway to the highway. Pilots will have plenty of height on takeoff before going over the highway David discussed getting utilities to the new location such as natural gas so that everyone isn’t running off of propane. Currently the gas line ends at the BYU-I Livestock Center. It’s based on demand and how much revenue is coming back in. David clarified that this project is scheduled to be completed within the next 8-9 years. Keith stated that the FAA anticipates the funding year to be 2031-2033 that is when they have said they will have the millions of dollars slated for us. David said they won’t get serious about it until we have the land acquired for the trade. After the studies are completed, there will be a design stage before construction will actually begin. We did the environmental study on the existing proposed site, we have to do an environmental study on the land we are going to give to BLM, there is a lot of governmental involvement that we have to do. We have that all programmed in. David moved down the agenda. He said we need to have a candid conversation with Craig Frisbee because he will not be there much longer. We have to assign responsibility concerning phone calls, tows, fuel, repairs etc. Who is responsible to go tow a stranded plane that blew a tire out on the runway. A good FBO is going to go out and spot the runway after hours for someone that didn’t cancel their flight plan. What kind of FBO are we going to have, how are they going to be accessed, what kind of facilities do we expect, what kind of aviation knowledge do they need to have, what kind of service do we expect when someone calls or walks into the office. Knowing that we are moving, we are not going to drop a ton of money into this facility but there still needs to be a plan of action. We need to identify and define some of those things and then make sure the risk to reward is going to the appropriate places. David asked John Seal what ideas he had, what type of things he has line itemed. John stated it was exactly like David had just said. John wants to make sure they are meeting expectations as well as needs. Craig is the kinda of guy that if he got a call in the middle of the night, he’s going to be there to help. If that is the expectation and the need then John stated he just needs to know that so he can staff the facility appropriately to meet those needs. Craig did a lot of things out of the kindness of his heart, he is a great man but from a business perspective some of those things don’t make a lot of 9 sense because there is no money in doing so. Part of what John wants to know is what are the expectations so he can either staff to meet them or reset expectations based upon what revenue we have to put against things. David Taylor mentioned that we pulled the snow plowing away from Craig and the City of Rexburg crews have done a good job with that in the last couple of years. He also mentioned that we need one more mowing out there before winter. Keith stated he has talked to Bill Blair and it is on the “to do” list. David said that there is also the issue of maintaining the lights, the rotating beacon, making sure if someone has left a mess out there then we can get the tractor and the sweeper to clean things up. Someone that is out there all the time should have a squawk sheet on things the airport needs to have done. They need to either be empowered to do it or a direct line to someone that can. If the FBO is going to it then they need to be compensated appropriately for it. Randy Sutton asked if Craig Frisbee would be the best one to put together that list of responsibilities etc. John stated Craig has handed of a number of the items. David said it needs to be someone that is there. There are a lot of changes happening. Both Craig and Lewis Hart won’t be out there forever, there is a new flight school going on, changes with the fueling and the ability to get more planes in to develop more revenue. All this needs to be put together in a package deal. Keith stated he has a copy of what Driggs has done with their FBO. David asked for caution because we are not billionaires. Keith said he is more looking at what their FBO’s responsibilities are and what Craig did and coming up with a plan moving forward. John Seal stated Driggs revenue is drastically different. David said Driggs has a full time airport manager. David asked John Seal to generate a list for Rexburg starting with the list provided by Driggs and then getting with Craig to fine tune and finalize it. John stated that one of the things that is going to be great about the new airport is that it will generate more revenue, there will be bigger jets that come in, FBO’s make their money off of fuel. David Taylor said that when Craig was there, he was doing all the snow plowing, the building was accessible to pilots during business hours, but it was never accessible after he had left or on weekends. So, what we paid Craig for, we may not have actually gotten. John stated they have changed how the FBO is accessed. He said there is now a sign on the door and if it is after hours a pilot can call the phone number listed and gain an access code to get into use the facilities. The shop will remain locked so people will not be able to get in that portion of the building. David said to John, you said the biggest revenue is the fuel, but a good FBO has an AP and that is where Craig made all of his money. John said that is a little painful for them right now but they are hoping to get there soon. John Seal mentioned there has been some items brought up in previous meetings such as security, gate codes etc. John stated he is installing security camera’s on the FBO. One will be pointed towards the gate, one towards the fuel pumps and one out at the ramp. Keith Davidson stated we have had lots of discussions concerning the gate code. We talked about making a sign that would hang on the inside of the gate that reads “Gate Code Salt Lake Center Frequency” Keith’s biggest concern is that people will tell all their friends and regardless the gate code will be well known within a week. Does changing it really accomplish higher security? David agreed, we don’t have security at this airport and we never will. Keith said so does the gate code really matter? David said the camera’s are probably the best thing that we can do at this point. He said the fence along the golf course is so low a person can just step over it. David said the main gate is wired open right now. Discussion continued and it was agreed that the topic of changing the gate 10 code would be put on hold at this time because it will not accomplish anything. The cameras will help immensely. David said John Seal is moving forward regarding fuel. John said he will make it so pilots will be able to get self service fuel, there will be a number to call for full service, there will be a call out fee assessed. David Taylor wanted a quick update on the shed. He said John Seal has indicated that he would like to build something on the north side of his building. It would be nice to be able to make it big enough to get the tractor under the lean to. Keith went over the budget process and informed the board that the shed was cut from the budget. The thought process is to see if there is any money left over after the slurry seal and crack sealing is completed. Discussion took place on the overall price of the shed. Matt stated it will be close to $60,000. David Taylor continued down the agenda items to transit parking. He turned the time over to Compliance Officer Natalie Conger. Natalie handed out a compliance report listing all the planes N numbers that are currently being stored on the apron. There are only two planes that have not moved within the 100 day allotment. Both planes belong to Lewis Hart; one is the Aztec. Natalie spoke to Lewis this week and he stated he will be moving them within a couple of days. All the hangars are full at this time. Chairman David Taylor went around the room and asked each board member if they had any further questions or concerns. Seeing none. The meeting was adjourned until Wednesday, November 6th 2024.