Charlotte County Airport Authority AGENDA August 17, :00 a.m. Punta Gorda Airport

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1 Authority Commissioners Paul Andrews, Chair James Herston, Vice-Chair Kathleen Coppola, Secretary/Treasurer Robert D. Hancik, A.A.E. Asst. Secretary/Treasurer Pam Seay, Commissioner James W. Parish, P.E. Airport Authority Attorney Darol Carr Charlotte County Airport Authority AGENDA August 17, :00 a.m. Punta Gorda Airport 1. Call to Order - Reminder to Turn Off Your Cell Phones 2. Invocation - For those who wish to join, please rise for the invocation. 3. Pledge of Allegiance 4. Roll Call 5. Citizen s Input: Anyone wishing to address the Board during this portion of the Meeting must sign in, state their name for the record, and address their comments to Agenda items only. Each citizen will be allowed no more than two minutes to express their opinion. 6. Additions and/or Deletions to the Agenda 7. Consent Agenda: All matters listed under this item are considered routine and action will be accomplished by one motion without separate discussion of each item. If discussion is desired by a Commissioner, item(s) will be removed from the Consent Agenda and considered separately. Secretary/Treasurer Minutes of Regular Meeting June 15, 2017 Executive Director Dispoal of Assets: 2002 GMC Sierra Puckup/White VIN# 1GTEK14V32Z276912; 2003 Chevrolet Blazer VIN#1GNCS13X83K133529; 2003 Chevrolet Ventura VIN# 1GNDX03E43D Staff Recommended Action: Staff recommends Board approve disposal of above listed assets. 8. Secretary/Treasurer s Report Mrs. Coppola a) Accounts Receivables Mr. Parish b) Profit and Loss Statement Mr. Parish c) Income Statement Mr. Parish d) Balance Sheet Mr. Parish 9. Committee Reports a) Land Use Mr. Herston b) Metropolitan Planning Organization Mr. Herston

2 c) Personnel Mrs. Coppola d) Public Relations/Special Events Mrs. Coppola e) Governmental Liaison Ms. Seay f) Economic Development Mr. Andrews g) Aviation Activities Report Mr. Hancik 10. Attorney s Report Attorney Carr 11. Director s Report Mr. Parish a) Master Plan Update b) Development Update c) Florida International Air Show Presentation d) Historical Marker Dedication on November 8 th at 11:00am e) CCAA Letter to WMU (incoming President) 12. Citizen s Input Anyone wishing to address the Board during this portion of the Meeting must sign in, state their name for the record, and address their comments to Agenda items only. Each citizen will be allowed no more than two minutes to express their opinion. 13. Old Business a) RAC Automated Car Wash Mr. Parish b) New Cell Tower Mr. Parish c) Reschedule September Tentative Budget Hearing Mr. Parish 14. New Business a) I-75 Billboard Design Mr. Parish b) Tree Removal Mr. Parish c) Chamber Banquets Mr. Parish d) Customer Survey Mr. Parish e) Air Carrier Ramp Expansion Accept FDOT JPA and Approve Mr. Parish Resolution f) Air Carrier Ramp Expansion - Authorize Executive Director to Mr. Parish Execute FAA Grant Offer g) Air Carrier Ramp Expansion Contact with Wright Construction Mr. Parish h) By-Laws Amendment Mr. Parish i) Expansion of Fuel Farm Facility Mr. Parish j) Roof Repairs for Building 212 Rental Car Center/Hangar Mr. Parish k) Acquire New Boarding Ramps Mr. Parish l) Extend Baggage Make-Up Belt Mr. Parish 15. Citizen s Input Anyone wishing to address the Board during this portion of the Meeting must sign in, state their name for the record and address their comments to Agenda items only. Each citizen will be allowed no more than two minutes to express their opinion. 16. Commissioner s Comments 17. Adjournment

3 Agenda items for August 17, 2017 Meeting A copy of all the attachments are at Old Business a) RAC Automated Car Wash: As background information, Enterprise Rental Car, requested the Airport fund water and electric service infrastructure cost associated with the installation of automated car wash facilities at the existing car wash site. The infrastructure costs are estimated between $7,000 to $10,000 for water and $20,000 and $30,000 for power. The Enterprise automated car wash costs are estimated between $75,000 and $125,000. At the 4/20/17 Authority meeting, the Board directed staff to contact Enterprise and request they pay infrastructure costs. Enterprise stated they could not participate in funding the infrastructure costs. At the 06/15/17 Authority meeting, Mr. Parish informed the Board that Enterprise is not interested in funding infrastructure costs. Mr. Parish stated that he would place it on the 08/17/17 Authority agenda for discussion. Staff Recommended Action: Board discretion. b) Cell Tower: As background information, TelAcq Consulting, Inc. requested an Airport land lease to construct a new cell tower east of Golf Course Blvd. and south of Challenger Blvd. The lease area proposed is 90 feet by 90 feet which calculates to a yearly rate of $15, At past Authority meetings, the Board directed staff to contact TelAcq Consulting, Inc. to request they fund the cost of $4, to conduct an airspace analysis performed by the Airport s airspace consultant, Capital Airspace Group Enterprise. TelAcq Consulting, Inc. had already conducted their own airspace analysis and submitted that to the Airport for review. The Airport reviewed the TelAcq Consulting report, however it was not in a format the Airport is familiar with, and the Airport would prefer to have the analysis conducted by Capital Airspace Group Enterprise as they have the Airport modeled from previous work on the ILS equipment. Staff Recommended Action: Board discretion. c) Reschedule September Tentative Budget Hearing from 9/13/17 to 9/15/17 at 5:01pm: Reschedule the September Tentative Budget Hearing from Spetepmber 13, 2017 at 5:01pm to September 15, 2017 at 5:01pm. Staff Recommended Action: Staff requests the Authority approve rescheduling Tentative Budget Hearing date from September 13, 2017 at 5:01pm change to September 15, 2017 at 5:01pm due to a scheduling conflict. This reschedule date still meets all regulatory requirements. 14. New Business a) I-75 Billboard Design: Gavina, Smith, Matte & Arnold have provided three potential billboard designs. Staff Recommended Action: Staff recommends the Authority decide and approve the billboard design. b) Tree Removal: Cooper Timber Harvesting Inc. has provided a proposal to remove approximately 290 Acres of pine timber as shown in attached exhibit. Cooper will pay the airport an amount of $8.00 per ton of pine harvested and estimate the total revenue to the airport at $24, (28 tons per load x 110 loads). This project will assist in the mitigation of wildlife on airport property as well as improve security while providing revenue to the airport.

4 Staff Recommended Action: Staff recommends the Authority approve removal of trees according to the Cooper Timber Harvesting proposal attached. c) Chamber Banquets: The Charlotte County Chamber of Commerce will be holding their Annual Meeting/Luncheon on Friday, September 29 th 12:00pm at the Harbor Event Center and the Punta Gorda Chamber of Commerce will be holding their Annual Meeting/Banquet on Saturday, September 23rd 6pm at Isles Yacht Club. Requested action: Staff recommends approval of Board Member attendance. d) Customer Survey: Commissioner Hancik s request Staff Recommended Action: Board discretion e) Air Carrier Ramp Expansion Project Accept FDOT JPA and Approve Resolution : The Florida Department of Transportation (FDOT) District 1 Aviation Office has offered a Joint Participation Agreement (JPA) to fund 5% ($153,191.00) of the construction base bid ($3,063,812.00) for the Air Carrier Ramp Expansion Project. The project consists of providing all labor, materials, and equipment to construct approximately 12,000 square yards of concrete and 3,700 square yards of asphalt along with excavation, grading, drainage, pavement markings, signage, lighting, and fencing. The completed project will provide three (3) additional air carrier parking positions. The bids were opened on June 1, 2017 and Wright Construction Group was the low bidder. We plan to begin construction is September 2017 and be completed within 3 months. The bid also included Additive Alternates for repairs to the Air Trek Ramp and purchase of Passenger Boarding Ramps, which are not included in the funding from FDOT. Staff Recommended Action: Staff recommends the Board approve Resolution f) Air Carrier Ramp Expansion Project Authorize Executive Director to Execute FAA Grant Offer: The FAA is in the process of final review and preparation of the grant offer to fund 90% of the design, bidding, permitting and base bid construction costs. As a result, the grant offer documents were not available for acceptance at this meeting. However, we anticipate receipt of the grant offer documents by the end of August FAA has requested the grant offer documents be executed upon receipt and returned as soon as possible. To comply with this request, the Board is requested to allow Mr. Parish to execute the FAA grant offer upon receipt of the documents. The grant offer dollar amount requested is $3,744,598 as detailed below, which includes reimbursement for the baggage system that was part of the terminal construction project. Item Description Total Cost FAA Participation (90%) Administration Expenses $10,000 $9,000 Engineering Fees $324,160 $291,744 Construction Base Bid $3,063,812 $2,757,430 Terminal Bag Belt $762,693 $686,423 Totals $4,160,655 $3,744,598 Staff Recommended Action: Staff recommends the Board approve allowing the Executive Director to execute the grant offer. g) Air Carrier Ramp Expansion Project Contract with Wright Construction Group: Wright Construction Group is the low bidder for the construction of the project. The bid documents stipulated that the bid would be awarded and the contact executed within 90 calendar days of the June 1, 2017 bid opening date. The formal notice to proceed date will be negotiated with the contractor at the pre-construction meeting schedule for the first part of September From the notice to proceed date, the contactor has 90 calendars days to complete work on the base bid construction items. The Airport s standard contact is

5 submitted for Board approval and execution for the Base Bid ($3,063,810.94) and for Additive Alternate No. 1 - Air Trek Ramp Repairs ($331,250.00). Staff Recommended Action: Staff recommends the Board approve allowing the Executive Director execute the contact upon receipt of the JPA and FAA grant. h) By-Laws Revision The wording in the By-Laws is proposed to be changed to reflect Mr. Parish s title to read: The Authority shall employ an airport manager with the title of Executive Director/Chief Executive Officer who shall be its Chief Executive Officer in the management of the Airport facilities. The Executive Director shall be given the necessary authority and responsibility to operate the Airport in all its activities, subject only to such policies as may be adopted and such orders as may be issued by the Authority. The Executive Director shall act as the authorized representative of the Airport and the Authority, in all matters in which the Authority has not formally designated some other person to act. Staff Recommended Action: Board discretion. i) Expansion of Fuel Farm Facility: During the initial phase of the Airport Master plan an immediate need for Jet A fuel storage expansion was identified. PGD s currently has a total storage of eighty thousand gallons of Jet A which equates to two days of fuel storage during peak times. The PGD Airport staff proposed a Public Private Partnership (P3) with Allegiant Airlines. The agreement calls for Allegiant Airlines to purchase and install four (4) thirty thousand gallons Jet fuel tanks from AB-COM at their expense ($483,851) and immediately upon completion of the project transfers ownership to CCAA. This would expand the PGD s Jet A fuel farm storage to two hundred thousand gallons, meeting the projected PGD Master Plan requirements. Allegiant Airlines will amortize their cost by providing a one cent fuel flowage fee effective May 1, At the end of the amortizing period (approximately four years) the one cent per gallon will then be paid to CCAA which would provide an additional estimated $125,000 per year in revenue. Staff Recommended Action: Staff recommends Board approve Allegiant Agreement for Fuel Farm Facility expansion. j) Roof Repair for Rental Car Center / Hangar: Currently Building 212 (Rental Car/TSA) has several roof leaks. Hot Spray Industrial Coatings has provided 2 estimates to install a roof coating that would prevent further leak issues. The 1st quote is for the area of the roof only covering the build out spaces, the 2nd quote is to coat the entire roof. Staff Recommended Action: Board discretion. k) Boarding Ramps Quote: Authorization to purchase two additional boarding ramps for the new air carrier ramp from KCI Industry s for the sum of one hundred sixteen thousand and eight hundred dollars ($116,800.00). Current delivery lead time is approximately 5 months which coincides with our requirements for those aircraft parking position. We have contacted the FAA ADO and confirmed this will be eligible for full reimbursement in our next PFC application. Currently funds are available in our 2016/2017 capital budget. These were bid as part of the ramp expansion project. Staff Recommended Action: Staff recommends Board approve KCI Industry quote to purchase 2 additional boarding ramps. l. Extend Baggage Make-Up Belt: Authorization to expand the current outbound baggage belt system an additional fifty feet in length. Current Air Carrier schedule will have 7 departures within 70 minutes with additional flights anticipated in Spring Cost estimated at $130,000 which would be eligible in our next PFC application. Staff Recommended Action: Staff recommends Board approve expanding the current outbound baggage belt system with an additional fifty feet in length. (Updated 8/14/17)

6 CHARLOTTE COUNTY AIRPORT AUTHORITY MINUTES OF REGULAR MEETING - JUNE 15, :00 A.M Call to Order 2. Invocation 10 Commissioner Herston gave the invocation. 3. Pledge of Allegiance Roll Call Present: Chair Andrews; Commissioners Coppola, Hancik and Herston; Executive Director Parish; Attorney Jack Hackett sitting in for Attorney Carr; Mrs. Cauley; Mr. Laroche; Mr. Mallard; Mrs. Pedigo; Mr. Ridenour; Mrs. Judy Smith and Mrs. Jennifer Smith. Others present: Jim Kaletta, Mike Mapstone, Richard Pitz, Brian Witaconis, Howard Klein, Bob Herrington, Paul Piro, Councilwoman Prafke, Commissioner Deutsch, Audrey Lanczki, Alan Boynton, Douglas Tucker, Carl Parsons and other people from the private sector. Absent: Commissioner Seay and Attorney Carr. 5. Citizen s Input 6. Additions and/or Deletions to the Agenda 7. Consent Agenda 30 Commissioner Herston made the motion to approve the Consent Agenda. Commissioner Coppola seconded. Motion passed unanimously. 8. Secretary/Treasurer s Report Mr. Parish reported that the account s receivables are getting caught up, the income statement for March was a little under the estimate, the Authority is still positive for the year and the income statement of April is ahead of the estimates. 9. Committee Reports a) Land Use Commissioner Herston reported that there are some exciting things happening in Charlotte County and he is busy. He commented that the County Commissioners are doing a great job on the Land Development Regulations that is being rewritten. Mr. Parish commented that staff has been working with the County on the zoning regulations for airports and has been passed by the County Commission.

7 Minutes of Regular Meeting 2 June 15, 2017 b) Metropolitan Planning Organization Commissioner Herston commented that he reported on the MPO and MPOAC previously. He commented on the upcoming MPOAC meeting in July and the MPO meeting is in August c) Personnel Commissioner Coppola had nothing to report. d) Public Relations and Special Events Commissioner Coppola reported that Allegiant is flying to Providence, Rhode Island. She commented on the articles about the Authority requesting FAA grants and the increase in passengers traffic. e) Governmental Liaison There was no report due to the absence of Commissioner Seay. f) Economic Development Chair Andrews reported that the Master Plan Presentation is upcoming and on the good Economic Impact Study results. g) Aviation Activities Report Commissioner Hancik reported on the increase in passenger traffic, the seasonal down turn in avgas, jet fuel sold and aircraft operations, airline gallons pumped and the T-hangars are still full. 10. Attorney s Report Attorney Hackett had nothing to report. He introduced himself and is sitting in for Attorney Carr who will be back next month Director s Report a) Master Plan Update Mr. Parish explained that there is a presentation from AECOM on the Master Plan. He commented that will be a stakeholders meeting after lunch and a public meeting this evening. Howard Kline of AECOM Tampa office went over a power point presentation on the Master Plan Update (copy attached). Commissioner Hancik suggested that the advertisement for the public meeting be larger for the next public meeting. He asked if a new site for a terminal was looked at. Mr. Kline commented that they did not and that there would be no cost benefit to do that with the required space that will be needed. There was discussion on the rental car facility, the financial plan and the proposed projects. Mr. Kline commented that the FAA only approves two things in the Master Plan, the forecasts and the Airport Layout Plan. He commented that the Airport Layout Plan shows the FAA what the airport is proposing, that it meets the design standards and it is safe and sufficient. He commented that the Authority already has approval on the forecasts. He explained the land acquisition costs. Commissioner Coppola asked about the terminal going up a level. Mr. Kline commented that it was not considered because of the Authority s business model and financial structure. Commissioner Herston commented that it was a great report and opined a great firm was selected. b) Development Update Mr. Parish reported that the terminal construction close-out is still on going and the ramp expansion costs are higher than estimated. He reported that taxiway alpha s final draw has been approved and will be closing that out, the parking lot

8 Minutes of Regular Meeting 3 June 15, projects are finishing up, the contractor is working on the plans and permits for the hangar door project and will get with the hangar tenants on how it will proceed, staff is waiting for the last piece of the airfield maintenance equipment, the Passenger Facility Charge is at the FAA, the rental car center expansion is close to seventy-five percent complete and the FICO and secondary weather equipment. He commented that Mr. Ridenour will be working on RFPs for T-hangars, secondary weather, draft for the FBO facility and a draft for the Western Michigan facility. He commented that Attorney Car is working on a developer s agreement for Western Michigan. Commissioner Coppola asked about the PFC. Mr. Parish explained that the Authority had to designate the projects it would be used for in the application. He commented that when the Master Plan is completed the Authority will submit another application including the projects listed in the Master Plan. c) Car Wash Mr. Parish explained that at the last regular meeting the Board asked him to go back to the rental car operators to see if they would pay the $27, or reimburse the Authority through the fuel costs. He commented that they balked at that and that the water and electric costs would benefit the Authority if they were to leave. He commented that they have asked that the Authority pay for the water and power and the rental car operators will pay for all the modifications to the building and site for their specific equipment. He commented that he will bring this item back at the next meeting. d) Cell Tower Mr. Parish commented that they have not given the Authority their Airspace Study. He commented that according to the cell phone s air space group the cell tower does not interfere with the airport s approaches and he is not convinced of that. He commented that he would prefer that the Authority do their own Airspace Study whether it goes on airport property or across the street on Challenger. He commented that they have been put off for now and will bring it back. Commissioner Hancik asked how much for the study. Mr. Parish commented that it is around $4, Commissioner Herston asked if the consultants are the best choice to do the study. Mr. Parish explained that they would hire it out but other studies have been done for various projects on the airport. He commented that he would like to have the study done. Commissioner Herston commented that the impact would be in the future. Mr. Parish explained that the impact would be immediate on the approach to runway nine. 12. Citizen s Input 13. Old Business 14. New Business a) SunTrust Line of Credit Renewal Mr. Parish commented that every year, at this time, the Authority signs a Line of Credit with SunTrust Bank. He explained it is for hurricane season and when the Authority started doing this they had $50,000 in the bank and now the Authority has close to $6 million. He opined that it is important to have the ability to access funds quickly in the event of a disaster. He commented that the cost to the Authority is $2, Commissioner Herston made the motion to approve the Line of

9 Minutes of Regular Meeting 4 June 15, 2017 Credit with SunTrust Bank as outlined on the Agenda. Commissioner Coppola seconded. Motion passed unanimously b) Tentative Budget Hearing and the Final Budget Hearing Dates Mr. Parish explained that the Budget Workshop will be August 31 st and the Tentative Budget Hearing and Final Budget Hearing after the County, City and School Board s schedule. Commissioner Herston made the motion to set the Tentative Budget Hearing on Wednesday, September 13th at 5:01 p.m. Commissioner Coppola seconded. Motion passed unanimously. Commissioner Coppola made the motion to set the Final Budget Hearing on Wednesday, September 27th at 5:01 p.m. Commissioner Herston seconded. Motion passed unanimously. c) Historical Marker in Front of Restaurant Mr. Parish explained that the County has produced a historical marker and would like to get it installed in the planter area in front of the restaurant. He commented that it will be with the understanding that it may have to be moved in the future and come up with a new location. He commented it could be at the new GA facility or Western Michigan campus. Commissioner Hancik made the motion for the historical plaque to be planted in the planter. Commissioner Herston seconded. Motion passed unanimously. d) Punta Gorda Army Airfield Display in Terminal Hallway Mr. Parish explained that the Charlotte County Historical Center put together a pictorial history of the airport a few years ago. He commented that they would like to have a spot to put it and staff is recommending the hallway between arrivals and departures. He commented that it will have to be protected from the public. Commissioner Hancik asked if this will be setting a president. Mr. Parish commented that this does not cost the Authority anything and the Sarasota-Bradenton Airport has something similar. Commissioner Herston commented that he continues to work with the mural people and there has been discussion on the possibility of a mural or two up high in the terminal. Commissioner Herston made the motion for approval of the Historical Society to place a display in the Airport Authority and discretion of the Executive Director to approve its location. Commissioner Hancik seconded. Motion passed unanimously. e) I-75 Billboard One Year Agreement Mr. Parish explained that the billboard on I-75 southbound just over the Peace River bridge has become available. He commented that the original cost was $2,600 a month and has been reduced to $1,500 a month. He commented that it is in the budget. He commented that it is hard to track its success much like social media. Commissioner Herston made the motion to approve Mr. Parish to sign a six month lease at $1,500 per month and $750 one time production cost with Carter at the location specified. Commissioner Hancik seconded. Commissioner Coppola asked what will be on the sign with the cars going by so fast. Mr. Parish commented that experts will be hired who know what to put on it. He commented that the artwork can be brought back. Motion passed unanimously. 15. Citizen s Input

10 Minutes of Regular Meeting 5 June 15, Jim Kaletta Commented on his concerns on the pushback on taxiway D and is there anything in the Master Plan to eliminate the problem. He commented on runway 15/33 and the A320 s, A321 s and MD80 s. Mr. Klein commented that there is a plan in the Master Plan to eliminate the problem with the pushbacks. Douglas Tucker Congratulated the Board on the increase in passenger traffic. He commented on having a positive attitude. 16. Commissioner s Comments Commissioner Herston Commented on those in attendance. He congratulated Mr. Klein on the Master Plan. Attorney Hackett Commented that he will report back to Attorney Carr. Commissioner Coppola Commented on Mr. Kaletta s presentation at the Republican Club. She opined that the Master Plan is phenomenal. Commissioner Hancik Had no comments. Chair Andrews Commented on the flight to Toledo. 17. Adjournment 25 Meeting adjourned at 10:48 a.m. 30 Paul Andrews, Chair Kathleen Coppola, Secretary/Treasurer

11 Charlotte County Airport Authority STATEMENTS OF REVENUE, EXPENSES AND CHANGES IN NET POSITION (Income Statement) For the Eight Months Ending Wednesday, May 31, 2017 May Actual Budget Variance YTD Actual Budget Variance OPERATING REVENUES Fuel and Oil Sales $251,360 $222,496 $28,864 $1,932,041 $1,882,032 $50,009 Industrial and Commercial Park Leases 92,504 93,608-1, , ,958-32,173 T Hangar Rentals and Tiedowns 64,170 62,392 1, , ,898 41,097 Concessions, Vending and Fees 1,580 1, ,870 9,197 3,673 Airline Related Revenues Advertising 2,083 2, ,381 11,315 6,066 Auto Parking 226, ,291 16,117 1,469,797 1,382,808 86,989 Car Rentals,Security & Fuel Fees 321, ,194 5,467 3,017,662 2,790, ,335 Concessions Food & Beverage 33,510 24,141 9, , , ,264 Ground Handling Fuel 17,833 14,250 3, , ,952-15,080 Ground Transportation ,417 11, Terminal Use Fees 13,954 11,210 2, ,767 89,680 21,087 LEO Award 12,387 9,832 2,555 90,944 78,656 12,288 Sida Badging ,272 2,080 2,192 Total Airline Related Revenues 628, ,382 39,832 5,083,249 4,631, ,008 Other Revenues , ,820 TOTAL OPERATING REVENUES $1,037,929 $968,036 $69,893 $8,304,760 $7,774,326 $530,434 OPERATING EXPENSES Salaries & Wages $183,215 $200,068 -$16,853 $1,600,985 $1,696,501 -$95,516 Payroll Taxes & Retirement 36,884 40,378-3, , ,993-13,045 Personnel Expenses 50,183 52,982-2, , ,391-7,957 Cost of Fuel & Oil Sales 125, ,070-2,401 1,113,858 1,086,591 27,267 Advertising 1, ,506 2, ,377 Bank Charges 4,540 6,003-1,463 35,231 39,197-3,966 Dues & Subscriptions 3,765 2,250 1,515 34,863 18,000 16,863 Insurance 22,095 25,301-3, , ,409-5,673 Legal & Professional 6,464 20,175-13, , ,609-43,204 Licenses & Permits ,351 3, Marketing & Promotional 20,528 17,947 2,581 83, ,574-60,535 Mowing 4,224 2,000 2,224 17,572 16,000 1,572 Postage ,357 7,000-3,643 Repairs & Maintenance 30,394 42,156-11, , ,141 84,157 Computer Maintenance & Expense 4,535 10,327-5,792 85,863 83,813 2,050 Supplies 15,043 12,799 2, , ,394 64,569 Communications 3,650 2,565 1,085 20,187 19, Travel & Auto Allowance 5,900 7,600-1,700 31,388 31, Utilities 32,573 29,964 2, , ,512 20,974 Security Expense 1,860 5,958-4,098 35,832 32,329 3,503 Airline Related Expense 147, ,093 42,163 1,046, , ,545 TOTAL OPERATING EXPENSES $700,727 $713,016 -$12,289 $5,971,334 $5,638,140 $333,194 OPERATING GAIN (LOSS) $337,202 $255,020 $82,182 $2,333,426 $2,136,186 $197,240 NON-OPERATING EXPENSES Miscellaneous Revenues / (Expenses) -$7 $0 -$7 -$126,183 $0 -$126,183 Gain/Loss of Asset Disposal -416, , , ,283 OPEB Post Retirement Benefit Accrual ,498-5,746 2,248 Insurance Premium Refund , ,684 Interest on Investments ,241 3,067-1,826 Cost to Refinance -12,466-10,175-2,291-82,230-81, Interest Expense , ,724 Bad Debts ,633-1, NET NON-OPERATING EXPENSES -$429,795 -$10,755 -$419,040 -$678,626 -$85,688 -$592,938 GAIN OR (LOSS) BEFORE CAPITAL CONTRIBUTIONS & DEPRECIATION -$92,593 $244,265 -$336,858 $1,654,800 $2,050,498 -$395,698 CAPITAL CONTRIBUTIONS Capital Grants & Contributions 77, ,183 1,208,115 18,686 1,189,429 TOTAL CAPITAL CONTRIBUTIONS $77,183 $0 $77,183 $1,208,115 $18,686 $1,189,429 INCREASE OR (DECREASE) IN NET POSITION w/contributions -$15,410 $244,265 -$259,675 $2,862,915 $2,069,184 $793,731 DEPRECIATION Depreciation -318, ,334-74,237-2,405,570-1,954, ,899 TOTAL DEPRECIATION -$318,571 -$244,334 -$74,237 -$2,405,570 -$1,954,671 -$450,899 INCREASE OR (DECREASE) IN NET POSITION -$333,981 -$69 -$333,912 $457,345 $114,513 $342,832 8/8/2017 1:42 PM

12 Charlotte County Airport Authority STATEMENT OF NET POSITION (Balance Sheet) 5/31/2017 ASSETS CURRENT ASSETS Cash and Cash Equivalents $6,345,038 Net Receivables 1,078,169 Inventories 64,917 Prepaid Expenses 75,353 TOTAL CURRENT ASSETS 7,563,478 CAPITAL ASSETS Land 5,533,331 Buildings 46,688,625 CCAA Master Plan 202,141 Capital Improvements 35,894,438 Furniture, Fixtures and Equipment 5,486,210 Donated Surplus 51,300 Less: Accumulated Depreciation (39,780,120) Construction in Progress 3,638,364 TOTAL CAPITAL ASSETS, NET 57,714,289 DEFERRED OUTFLOWS OF RESOURCES- PENSIONS 1,296,692 TOTAL ASSETS $66,574,459 LIABILITIES CURRENT LIABILITES Accounts and Contracts Payable $220,312 Accrued Expenses 490,186 Deferred Revenue 230,005 Client Deposits 174,937 Employee Deferred Compensation Plan (537) TOTAL CURRENT LIABILITIES 1,114,904 LONG-TERM LIABILITIES Estimated Liability for Compensated Absences 64,122 State Infrastructure Bank Loan 3,983,535 Net OPEB Obligation 78,792 Net Pension Liability 2,239,021 TOTAL LONG-TERM LIABILITIES 6,365,470 TOTAL LIABILITIES 7,480,374 DEFERRED INFLOWS OF RESOURCES-PENSIONS 15,369 NET POSITION RESERVES Non Catastrophic Exp Reserve 24,362 Contaminated/Pollutant Reserve 107,500 Insurance Escrow Reserve 218,892 Building Reserve 693,149 TOTAL RESERVES $1,043,903 Retained Earnings 57,577,472 NET PROFIT / LOSS 457,340 TOTAL NET POSITION 59,078,716 TOTAL LIABILITIES AND NET POSITION $66,574,459 8/8/2017 2:42 PM

13 P & L SUMMARY PAGE MAY BUDGET VAR YTD BUDGET VARIANCE TOTAL OPERATING REVENUES 1,037, , , ,304, ,774, , OPERATING EXPENSES 700, , (12,289.00) 5,971, ,638, , OPERATING GAIN/LOSS 337, , , ,333, ,136, , NON OPERATING EXPENSES (429,795.00) (10,755.00) (419,040.00) (678,627.14) (85,695.00) (592,932.14) GAIN/LOSS AFTER NON OPERATING EXPS (92,593.00) 244, (336,858.00) 1,654, ,050, (395,694.91) CAPITAL CONTRIBUTIONS (Grants) 77, , ,208, , ,189, NET POSITION W/CONTRIBUTIONS (15,410.00) 244, (259,675.00) 2,862, ,069, , CAPITAL EXPENDITURE NET CHANGE IN F/A (Additions) (265,713.67) (255,100.00) (10,613.67) NET CHANGE TO CIPS (Additions) (403,467.05) (332,395.00) (71,072.05) (2,359,539.62) (748,610.00) (1,610,929.62) NET CHANGE TO SIB LOAN (Accrued) (45,675.00) (45,675.00) (365,400.00) (365,400.00) NET CHANGE TO RESERVES (43,041.67) (80,894.04) 37, , (593,238.71) 696, NET GAIN OR LOSS (507,593.72) (214,699.04) (292,894.68) (24,270.39) 106, (131,095.19) P&L SUMMMARY MAY 2017

14 Charlotte County Airport Authority STATEMENTS OF REVENUE, EXPENSES AND CHANGES IN NET POSITION (Income Statement) For the Nine Months Ending Friday, June 30, 2017 June Actual Budget Variance YTD Actual Budget Variance OPERATING REVENUES Fuel and Oil Sales $156,256 $136,543 $19,713 $2,088,297 $2,018,575 $69,722 Industrial and Commercial Park Leases 92,533 93,608-1, , ,566-33,248 T Hangar Rentals and Tiedowns 63,665 62,392 1, , ,290 42,370 Concessions, Vending and Fees 1,654 1, ,524 10,342 4,182 Airline Related Revenues Advertising 2,083 2, ,464 13,398 6,066 Auto Parking 237, ,497 28,922 1,707,216 1,591, ,911 Car Rentals,Security & Fuel Fees 329, ,249 7,083 3,346,994 3,112, ,418 Concessions Food & Beverage 38,201 26,737 11, , , ,729 Ground Handling Fuel 16,757 13,773 2, , ,725-12,096 Ground Transportation ,417 11, Terminal Use Fees 13,954 11,210 2, , ,890 23,830 LEO Award 13,292 9,832 3, ,236 88,488 15,748 Sida Badging ,297 2,340 1,957 Total Airline Related Revenues 651, ,764 56,325 5,734,337 5,226, ,333 Other Revenues 2, ,029 17, ,849 TOTAL OPERATING REVENUES $967,226 $888,452 $78,774 $9,271,985 $8,662,777 $609,208 OPERATING EXPENSES Salaries & Wages $283,837 $295,997 -$12,160 $1,884,822 $1,992,498 -$107,676 Payroll Taxes & Retirement 57,718 59,846-2, , ,839-15,173 Personnel Expenses 49,725 52,952-3, , ,343-11,184 Cost of Fuel & Oil Sales 75,274 72,795 2,479 1,189,133 1,159,386 29,747 Advertising , ,047 Bank Charges 3,559 3, ,790 42,249-3,459 Dues & Subscriptions 3,469 2,250 1,219 38,332 20,250 18,082 Insurance 22,095 25,301-3, , ,711-6,851 Legal & Professional 10,126 20,175-10, , ,784-53,253 Licenses & Permits ,712 3, Marketing & Promotional 9,491 17,947-8,456 92, ,521-68,990 Mowing 1,204 2, ,777 18, Postage ,968 7,875-3,907 Repairs & Maintenance 59,748 43,739 16, , ,880 98,137 Computer Maintenance & Expense 3,843 10,327-6,484 89,707 94,140-4,433 Supplies 10,611 12,799-2, , ,193 62,381 Communications 4,355 2,565 1,790 24,542 22,302 2,240 Travel & Auto Allowance 3,047 5,500-2,453 34,435 36,500-2,065 Utilities 36,159 29,875 6, , ,387 27,258 Security Expense 1,185 5,958-4,773 37,016 38,288-1,272 Airline Related Expense 135, ,897 25,438 1,181, , ,984 TOTAL OPERATING EXPENSES $772,511 $774,355 -$1,844 $6,743,848 $6,412,496 $331,352 OPERATING GAIN (LOSS) $194,715 $114,097 $80,618 $2,528,137 $2,250,281 $277,856 NON-OPERATING EXPENSES Miscellaneous Revenues / (Expenses) $79 $99,785 -$99,706 -$126,105 $99,785 -$225,890 Gain/Loss of Asset Disposal , ,283 OPEB Post Retirement Benefit Accrual ,935-6,501 2,566 Insurance Premium Refund , ,684 Interest on Investments ,397 3,450-2,053 Cost to Refinance -9,966-10, ,197-91, Interest Expense , ,875 Bad Debts ,633-1, NET NON-OPERATING EXPENSES -$10,319 $89,030 -$99,349 -$688,947 $3,343 -$692,290 GAIN OR (LOSS) BEFORE CAPITAL CONTRIBUTIONS & DEPRECIATION $184,396 $203,127 -$18,731 $1,839,190 $2,253,624 -$414,434 CAPITAL CONTRIBUTIONS Capital Grants & Contributions 82, ,871 1,290,985 18,686 1,272,299 TOTAL CAPITAL CONTRIBUTIONS $82,871 $0 $82,871 $1,290,985 $18,686 $1,272,299 INCREASE OR (DECREASE) IN NET POSITION w/contributions $267,267 $203,127 $64,140 $3,130,175 $2,272,310 $857,865 DEPRECIATION Depreciation -317, ,334-73,474-2,723,379-2,199, ,374 TOTAL DEPRECIATION -$317,808 -$244,334 -$73,474 -$2,723,379 -$2,199,005 -$524,374 INCREASE OR (DECREASE) IN NET POSITION -$50,541 -$41,207 -$9,334 $406,796 $73,305 $333,491 8/9/2017 3:55 PM

15 Charlotte County Airport Authority STATEMENT OF NET POSITION (Balance Sheet) 6/30/2017 ASSETS CURRENT ASSETS Cash and Cash Equivalents $6,396,635 Net Receivables 971,812 Inventories 52,519 Prepaid Expenses 107,732 TOTAL CURRENT ASSETS 7,528,698 CAPITAL ASSETS Land 5,533,331 Buildings 46,688,625 CCAA Master Plan 202,141 Capital Improvements 35,894,438 Furniture, Fixtures and Equipment 5,519,620 Donated Surplus 51,300 Less: Accumulated Depreciation (40,097,928) Construction in Progress 3,922,853 TOTAL CAPITAL ASSETS, NET 57,714,379 DEFERRED OUTFLOWS OF RESOURCES- PENSIONS 1,296,692 TOTAL ASSETS $66,539,769 LIABILITIES CURRENT LIABILITES Accounts and Contracts Payable $233,240 Accrued Expenses 549,008 Deferred Revenue 216,211 Client Deposits 177,537 TOTAL CURRENT LIABILITIES 1,175,995 LONG-TERM LIABILITIES Estimated Liability for Compensated Absences 64,122 State Infrastructure Bank Loan 3,937,859 Net OPEB Obligation 79,229 Net Pension Liability 2,239,021 TOTAL LONG-TERM LIABILITIES 6,320,232 TOTAL LIABILITIES 7,496,227 DEFERRED INFLOWS OF RESOURCES-PENSIONS 15,369 NET POSITION RESERVES Non Catastrophic Exp Reserve 24,487 Contaminated/Pollutant Reserve 107,500 Insurance Escrow Reserve 220,142 Building Reserve 734,816 TOTAL RESERVES $1,086,945 Retained Earnings 57,534,431 NET PROFIT / LOSS 406,797 TOTAL NET POSITION 59,028,173 TOTAL LIABILITIES AND NET POSITION $66,539,769 8/9/2017 4:06 PM

16 P & L SUMMARY PAGE JUNE BUDGET VAR YTD BUDGET VARIANCE TOTAL OPERATING REVENUES 967, , , ,271, ,662, , OPERATING EXPENSES 772, , (1,843.78) 6,743, ,412, , OPERATING GAIN/LOSS 194, , , ,528, ,250, , NON OPERATING EXPENSES (10,319.00) 89, (99,349.00) (688,946.14) 3, (692,281.14) GAIN/LOSS AFTER NON OPERATING EXPS 184, , (18,731.41) 1,839, ,253, (414,426.32) CAPITAL CONTRIBUTIONS (Grants) 82, , ,290, , ,272, NET POSITION W/CONTRIBUTIONS 267, , , ,130, ,272, , CAPITAL EXPENDITURE NET CHANGE IN F/A (Additions) (33,409.50) (25,000.00) (8,409.50) (299,123.17) (280,100.00) (19,023.17) NET CHANGE TO CIPS (Additions) (284,489.55) (160,210.00) (124,279.55) (2,644,029.17) (908,820.00) (1,735,209.17) NET CHANGE TO SIB LOAN (Accrued) (45,675.00) (45,675.00) (411,075.00) (411,075.00) NET CHANGE TO RESERVES (41,791.67) (80,571.20) 38, , (673,809.91) 735, NET GAIN OR LOSS (138,098.72) (108,328.79) (29,769.93) (162,369.11) (1,503.99) (160,865.12) P&L SUMMMARY JUNE 2017

17 Customer Name Accounts Receivable Over 60 Days As of July 31, 2017 Phone Number Hangar/ Location 0-30 Days Days Days 91 and Over 0.7 Total Balance at 5/31/17 Explanation Cella, Jack W $55.11 $53.50 $53.50 $53.50 $ Lease: End unit Hardy, Robert $ $ $ $53.50 $1, T Hangar Lease Look, Steven W $ $ $ $ $ Lease: Contacted customer to settle past due balance Loy, Jeremy $ $ $ $30.98 $ End Unit Lease Zettle, Paul $7.86 $3.93 $0.00 $ $ T Hangar Lease. Moved out in November, LMR and SD applied to balance Customer is paying $ per month to settle balance All Other Current Customer Balances $175, $92, $0.00 $0.00 $267, Totals $176, $92, $ $ $271, Allowance for Doubtful Accounts $0.00 $0.00 $0.00 $0.00 $0.00 TOTAL $176, $92, $ $ $271, /9/2017 H.Straw

18 60,000 Charlotte County Airport Authority Jet A Gallons Sold, 2016 VS ,000 49,234 40,000 39,870 30,000 20,000 26,485 28,665 21,442 25,638 FY15/16 FY16/17 10,000 - May June July

19 800, , , , ,803 Charlotte County Airport Authority Airline Gallons Pumped, 2016 VS , , , , , , ,000 FY15/16 FY16/17 200, ,000 0 May June July

20 Charlotte County Airport Authority Avgas Gallons Sold, 2016 VS ,000 12,675 13,180 12,000 10,000 10,592 9,628 11,307 8,571 8,000 6,000 FY15/16 FY16/17 4,000 2,000 0 May June July

21 Charlotte County Airport Authority Total Passengers FY 2012 thru , , , ,000 80,000 60,000 FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY15/16 FY16/17 40,000 20,000 0 October November December January February March April May June July August September Total Passengers per year FY 08/09 FY 09/10 FY 10/11 FY 11/12 FY 12/13 FY 13/14 FY 14/15 FY15/16 FY16/17 October 8,258 7,606 17,783 11,690 15,433 37, ,084 November 1,077 13,411 17,571 27,164 16,720 39,040 53, ,188 December 7,305 19,341 31,763 35,678 20,769 50,774 63, ,617 January 9,587 17,283 29,628 33,988 19,225 47,091 59, ,188 February 9,995 21,991 34,072 38,695 20,939 56,001 66, ,866 March 15,013 28,534 44,449 26,630 33,779 76,917 93, ,802 April 13,751 19,390 36,394 9,343 28,203 71,894 74, ,764 May 7,759 6,629 13,685 7,486 28,479 51,752 65, ,304 June 9,521 8,238 14,130 10,382 31,915 52,167 78, ,502 July 9,190 10,262 16,292 18,652 32,888 53,826 85, August 7,652 8,326 12,942 14,131 22,377 38,744 60, September 5,547 4,830 9,409 10,871 10,559 26,423 38, TOTALS 96, , , , , , ,063 1,040,083

22 Operations Reported By Tower May June July Air Carrier AirTaxi Military GA Total Hangars 600 Series Series Allegiant Cities Served 1 Allentown, PA 21 Louisville, KY 2 Ashville, NC 22 Milwaukee, WI 3 Belleville, IL 23 Moline,IL 4 Cedar Rapids, IA 24 Niagara Falls 5 Cincinnati, OH 25 Peoria, IL 6 Cleveland, OH 26 Pittsburg, PA 7 Columbus, OH 27 Plattsburgh, NY 8 Concord/Charlotte, NC 28 Portsmouth, NH 9 Dayton, OH 29 Providence, RI 10 Des Moines, IA 30 Raleigh/Durham, NC 11 Flint, MI 31 Rochester, NY 12 Ft. Wayne, IN 32 Rockford, IL 13 Grand Rapids, MI 33 Saint Cloud, MN 14 Greenville / Spartanburg, SC 34 Southbend, IN 15 Harrisburg, PA 35 Springfield, IL 16 Huntington, WV 36 Springfield - Branson, MO 17 Indianapolis, IN 37 Stewart Field, NY 18 Kansas City, MO 38 Trenton, NJ 19 Knoxville, TN 39 Toledo, OH

23 28000 A-1 Airport Road Punta Gorda, Florida (941) (941) Fax August 17, 2017 Dr. Edward Montgomery Western Michigan University Board of Trustees 1903 W. Michigan Avenue Kalamazoo, MI Dear Dr. Montgomery: On behalf of the Charlotte County Airport Authority and the Punta Gorda Airport staff, I am writing to congratulate you on your recent election to the position of President of Western Michigan University. We look forward to continuing together the excellent cooperation between our two institutions. The Charlotte County Airport Authority wish you success during your term as President. Best regards, Paul Andrews Chairman

24 Regular Monthly Meeting Thursday, August 17, :00 a.m. Budget Workshop, Thursday, August 31, :00 a.m. Tentative Budget Meeting, Wednesday, September 13 at 5:01pm (Reschedule) Regular Monthly Meeting Thursday, September 21, :00 a.m. Final Budget Meeting, Wednesday, September 27 at 5:01pm Regular Monthly Meeting Thursday, October 19, :00 a.m. Regular Monthly Meeting Thursday, November 16, :00 a.m. Regular Monthly Meeting Thursday, December 21, :00 a.m.

25 Charlotte County Airport Authority Meeting Director s Report - Development Update August 17, Terminal Expansion Construction and Baggage System As reported previously, the closeout book for the Terminal Expansion Construction project was submitted to FAA. In addition, the Baggage System was submitted as a separate pre-grant application to FAA. Both submittals are requesting funding reimbursements. Updated information to report on the Terminal Expansion Construction is that Airport staff is responding to FAA questions on various charges to the project by compiling additional information. In compiling the information, it was discovered that the FAA grant offer appeared to fund only 90% of the amount originally requested. Airport staff is finalizing the information and is planning to set a meeting with FAA to review and discuss sometime before the end of the calendar year. Updated information to report on the Baggage System is Airport staff submitted the formal FAA grant application on June 2, In initial discussions with FAA staff, they stated that the Airport will be reimbursed the requested $686,424 if funds are available. On June 16, 2017, the Airport received an e- mail from FAA stating that funds are available for the baggage system and would be included in the grant for the air carrier ramp expansion project Hangar Door Repair/Replacement On July 17, 2017, the contractor submitted the building department permit application. In addition, the contractor started initial fabrication work on the new replacement doors. The building department permit is expected to be issued by the end of August The final fabrication work will incorporate any building department review comments and is planned to be completed within about two (2) weeks following the receipt of the building department permit. Construction activities is scheduled to begin in early September 2017 and be complete by the end of the calendar year for all twenty-two doors. This project is funded by the Airport at 50%, and the remaining 50% by FDOT Airfield Maintenance Equipment In early July 2017, the new mulcher equipment attachment for the Airport s New Holland tractor arrived at the Airport. In mid-july 2017, the vendor Supertrak began work to install the mulcher. During the installation process, Supertrak discovered what appeared to be a damaged Power Take Off (PTO) bearing and/or damaged gear. Supertrak does not provide repair service for this type of work, the Airport is seeking quotes from other vendors who provide this type of repair service Employee and WMU Parking Lot On June 19, 2017, construction activities were completed and the parking lot was opened for use. In July 2017, the Airport coordinated with the contractor on closing out the project by completing punch list work, executing a final reconciling change order and submitting as-built documentation to the Southwest Florida Water Management District (SWFWMD). This project is closed and will be removed from future reports. Page 1 of 7

26 Charlotte County Airport Authority Meeting Director s Report - Development Update August 17, Passenger Facility Charge On June 21, 2017, the FAA issued a letter to the Airport approving the application to impose a passenger facility charge (PFC) of $2.00 beginning August 1, On June 22, 2017, as required, the Airport sent via certified mail, notice letters to air carriers as formal notification of the FAA action Rental Car Center Expansion - Facility Buildout Construction activity associated with new expanded facility for Hertz/Dollar and Avis/Budget/Payless has been completed and the Certificate of Completion was issued by the building department on July 19, During the week of July 24, 2017, Hertz/Dollar and Avis/Budget/Payless relocated from the existing space to the new expanded space and are now operating from the new facility. Currently the contractor is making renovations to the existing space occupied by Enterprise/Alamo/ National with replacement carpeting and re-painting of the walls. In addition, the contractor is making minor modifications to the counters as directed and funded by Enterprise/Alamo/ National. All the work is scheduled to be completed by the end of August Air Carrier Ramp Expansion As reported in previous reports, the project bidding phase has been completed and grant applications submitted to FAA and FDOT. At today s Airport Authority Commission meeting, the FDOT JPA will be presented for acceptance to fund the construction base bid and the contract with the low bidder, Wright Construction Group, will be presented for approval as well. In addition, a request to allow the Executive Director to execute the FAA grant offer upon receipt will be presented for approval. In conversations with FAA, the grant offer is expected to be issued near the end of August The pre-construction meeting is planned to be conducted in late August 2017 or early September 2017 and the date of the formal Notice to Proceed will be issued at that time. Construction is scheduled to be completed within 90 calendar days from the Notice to Proceed date. The FAA and FDOT would not fund the alternate bids for Air Trek ramp repairs and passenger boarding ramps. The Airport intends to award and fund the Air Trek ramp repair work to Wright Construction Group. Regarding the passenger boarding ramps, the Airport intends to directly purchase and recover costs in the next PFC application. Page 2 of 7

27 Charlotte County Airport Authority Meeting Director s Report - Development Update August 17, FDIOR and Secondary Weather Equipment As reported in previous reports, on May 18, 2017, the Airport Authority accepted the JPA with FDOT for the purchase of FDIOR Equipment in the Air Traffic Control Tower and Secondary Weather Equipment for the airfield. FDIOR (Flight Data Input Output Remote On June 14, 2017, per the reimbursable agreement with FAA, the Airport sent a check to FAA for the work. Currently the FAA is programming the work and developing a schedule. We should have the schedule to present to the Board at the next meeting. Secondary Weather Equipment On August 10, 2017, the request for bids was advertised in the local newspaper. A pre-bid meeting is scheduled for August 23, 2017 followed by a bid opening on September 13, We plan to submit a contract to the Board on September 21, 2017 for approval. Page 3 of 7

28 Charlotte County Airport Authority Meeting Director s Report - Development Update August 17, Master Plan During the reporting period, the consultant AECOM continued and/or completed work on the following tasks. Task 4.0 and Task Part D - Environmental AECOM continues compiling environmental data associated with Environmental Assessments (EA) for future projects. Task 8.0 Alternatives Development and Evaluation AECOM completed work on this task. The stakeholder and public meeting were conducted and the final version of Working Paper No. 3 was completed. Task 9.0 Airport Layout Plans Task 13 through 16 Airports GIS AECOM continues work on the paper and electronic versions of the Airport Layout Plans. The current focus is on the depiction of existing conditions. AECOM s sub SED continues work on the Exhibit A Property Map portion of the Airport Layout Plans. AECOM conducted a site visit in mid-july 2017 to review and confirm existing conditions. Task 10 Facility Implementation Plan AECOM submitted a list of projects and estimated costs as compiled from the Task 8.0 work. Began work on the project phasing plan for short-term, mid-term and long-term projects. Task 17 and 18 Airport Recycling, Reuse and Waste Reduction Plan On July 13, 2017 AECOM submitted the final Recycling, Reuse and Waster Reduction report. The project milestone schedule of completed and future tasks is summarized below. August 2016 Date Milestone Description Remark Task(s) 08/01/16 Prepare Study Scope of Work Completed 1.0 September 2016 Date Milestone Description Remark Task(s) 09/12/16 Project Kick-Off Meeting Completed 2.0 October 2016 Date Milestone Description Remark Task(s) 10/16 Tenant Interviews Completed /16 Initial GIS Project Completed 13.0 October/November 2016 Page 4 of 7

29 Charlotte County Airport Authority Meeting Director s Report - Development Update August 17, 2017 Date Milestone Description Remark Task(s) 10-11/16 Inventory / Data Collection Completed /16 Aviation Forecasts Completed /16 Traffic Counts / Ground Transportation Completed /16 GIS Flights Conducted to Acquire Aerial Imagery Completed Part B December 2016 Date Milestone Description Remark Task(s) 12/01/16 Stakeholder Meeting 01 - Working Paper No. 01, Completed 3.0, 6.0 Inventory, and Forecasts 12/01/16 Public Meeting No Working Paper No. 01, Completed 3.0, 6.0 Inventory, and Forecasts 12/21/16 Working Paper No. 01 Submitted to FAA and FDOT. Completed /16 Begin work on Facility Requirements Completed /05/16 GIS - FAA Approved the Statement of Work Submittal Completed Part B 12/21/16 Began Initial Environmental Study Work Completed 4.0, Part D 12/22/16 Conducted Facility Requirements Site Visit Completed 7.0 January 2017 Date Milestone Description Remark Task(s) 01/17 Continue work on Facility Requirements Completed /17 Continue work on Environmental Tasks Completed 4.0, Part D 01/05/17 GIS Conducted Coordination Meeting for Field Completed Part B Surveys 01/05/17 GIS - Begin Field Surveys of Navigational Aids and Photo Completed Part B ID Control Points 01/27/17 Airport Staff Presentation - Working Paper No. 02, Facility Requirements Completed 7.0 February 2017 Date Milestone Description Remark Task(s) 02/17 Facility Requirements Complete work for Stakeholder Completed 7.0 Meeting 02/17 Continue work on Environmental Tasks Completed 4.0, Part D 02/17 Continue work of GIS Activities Completed Part B 02/17 Begin Alternatives Development & Evaluation Completed /09/17 Airport send invitation to Stakeholder members Completed 7.0 for 2/28/17 meeting. 02/27/17 AECOM requested trash and recycle information. Completed /28/17 Stakeholder Meeting 02 Present Working Paper No. 02, Facility Requirements Completed 7.0 Page 5 of 7

30 Charlotte County Airport Authority Meeting Director s Report - Development Update August 17, 2017 March, April, and May 2017 (Focus on Alternatives Development and Evaluation) Date Milestone Description Remark Task(s) 3-4-5/17 Continue work on Environmental Tasks Completed 4.0, Part D 3-4-5/17 Continue work of GIS Activities Completed Part B 3-4-5/17 Begin and continue work on Alternatives Development Completed /17 Began work on Recycling, Reuse, and Waste Reduction Completed Part C 3-4-5/17 Began work on Airport Layout Plans Completed /31/17 AECOM sent Working Paper 2 to FAA and FDOT. Completed /05/17 Received Environmental Overview Technical Report. Completed 4.0, Part D 04/06/17 Airport received aerial images. Completed Part B 4/04- AECOM sub Cal-tech conducted in place base testing on Completed 4.0, Part D 06/17 Runway /18/17 Airport staff and SED meeting to review Property Map. Completed /23/17 invitation sent to Stakeholders for 6/15 Completed 8.0 presentation. 05/25/17 Advertisement for the 6/15 pubic meeting published. Completed 8.0 June 2017 Date Milestone Description Remark Task(s) 06/17 Continue work on Environmental Tasks Completed 4.0, Part D 06/17 Continue work of GIS Activities Completed Part B 06/17 Completed work on Alternatives Development & Completed 8.0 Evaluation 06/17 Continue work on Airport Layout Plans Completed /17 Began work on Facility Implementation Plan Completed /01/17 Airport received draft Recycling, Reuse, and Waste Completed Part C Reduction Report. 06/15/17 Airport Authority Presentation - Working Paper No. 03, Completed 8.0 Alternatives Development & Evaluation 06/15/17 Stakeholder Meeting 03 and Public Meeting No. 02 Completed 3.0, 8.0 Present Working Paper No. 3 Alternatives Development & Evaluation 06/22/17 AECOM and Airport staff meeting to review project list. Completed /26/17 Airport received final version of Working Paper No. 3. Completed 10.0 AECOM sent Working Paper No. 3 to FAA and FDOT. 06/26/17 AECOM submitted draft project list for Airport review. Completed 10.0 July 2017 Date Milestone Description Remark Task(s) 07/17 Continue work on Environmental Tasks Completed 4.0, Part D 07/17 Continue work of GIS Activities Completed Part B 07/17 Continue work on Airport Layout Plans Completed /17 Continue work on Facility Implementation Plan Completed 10.0 Page 6 of 7

31 Charlotte County Airport Authority Meeting Director s Report - Development Update August 17, /17 Begin work on Working Paper No. 4 Completed /10- AECOM GIS staff conducted site visit to verify existing Completed Part B 12/17 conditions for the ealp. 07/13/17 Airport received final Recycling, Reuse, and Waste Completed Part C Reduction Report. 07/28/17 AECOM submitted draft project costs estimates to Airport for review. Completed 10.0 August 2017 Date Milestone Description Remark Task(s) 08/17 Continue work on Environmental Tasks Ongoing 4.0, Part D 08/17 Continue work of GIS Activities Ongoing Part B 08/17 Complete Alternatives Development & Evaluation Completed /17 Continue work on Airport Layout Plans Ongoing /17 Continue work on Facility Implementation Plan Ongoing /17 Continue work on Working Paper No. 4 Ongoing /03/17 AECOM/Airport meeting to discuss 7/28 project cost estimates. Ongoing 10.0 September 2017 Date Milestone Description Remark Task(s) 09/17 Continue work on Environmental Tasks Ongoing 4.0, Part D 09/17 Continue work of GIS Activities Ongoing Part B 09/17 Continue work on Airport Layout Plans Ongoing /17 Continue work on Facility Implementation Plan Ongoing /17 Continue work on Working Paper No. 4 Ongoing /17 Begin work on Financial Feasibility Analysis Scheduled 11.0 Future status reports will show schedule milestones for the remainder of the project. Page 7 of 7

32 A. Convenient. Low cost. Nonstop. PUNTA GORDA AIRPORT EXIT 161

33 B. Convenient. Low cost. Nonstop. PUNTA GORDA AIRPORT EXIT 161

34 C. Convenient. Low cost. Nonstop. PUNTA GORDA AIRPORT EXIT 161

35 Punta Gorda Chamber Annual Awards September 23, 2017 Cocktails: 6-7 pm Dinner 7 pm -?? Cash Bar Tickets are $85 each Isles Yacht Club 1780 W. Marion Avenue, Punta Gorda Menu Salad Seasonal Greens, Fresh Berries, Glazed Pecans, Feta Cheese and Pomegranate Vinaigrette Entrée Selections Grilled Filet Mignon Bearnaise Au Gratin Chive Potato, Lemon Asparagus Bordelaise Sauce with Peppercorns Roast Herbed Semi Boneless Half Chicken Pan Jus Yukon Garlic Mash, Garden Vegetable Medley Pecan Rosemary Crusted Atlantic Salmon Honey Butter Scalloped Hasselback Potato, Garden Vegetable Medley The Vegetarian Broiled Herbed Vegetable Kabob Herbed Quinoa; Spinach With Red and Golden Beets Garlic Thyme Mushrooms, Red Pepper Coulis Dessert Chocolate Terrine; Chilled Bourbon Souffle Tickets are available online now or by calling the office ( ) to reserve your spot. Seating is limited, reserve early. Purchase tickets online at

36 Cooper Timber Harvesting Inc. has provided a proposal to remove approximately 290 Acres of pine timber from the east side of the airport (area shown in attached map). Cooper will pay the airport an amount of $8.00 per ton of pine harvested and estimate the total revenue to the airport at $24, (28 tons per load x 110 loads). This project will assist in the mitigation of wildlife on airport property as well as improve security while providing revenue to the airport.

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75 ITEM-SEGMENT-PHASE-SEQUENCE (Financial Management Number) Air Carrier Ramp Expansion RESOLUTION FOR JOINT PARTICIPATION AGREEMENT FOR AVIATION PROJECTS A RESOLUTION of the Charlotte County Airport Authority authorizing the execution of that certain Joint Participation Agreement (JPA) with the Florida Department of Transportation. WHEREAS, the Charlotte County Airport Authority has the authority to enter into a JPA with the Florida Department of Transportation to undertake a project as authorized by Florida Statute 332, and Florida Administrative Code 14-60; NOW, THEREFORE, BE IT RESOLVED BY THE CHARLOTTE COUNTY AIRPORT AUTHORITY, CHARLOTTE COUNTY OF FLORIDA: 1. That the JPA for State Item-Segment-Phase-Sequence (Financial Management Number) is approved. 2. That James W. Parish, P.E., Executive Director, is authorized to enter into, modify or terminate the JPA with the Florida Department of Transportation, unless specifically rescinded. DULY PASSED AND ADOPTED THIS 17th day of August ATTEST: By: Paul Andrews, Chairman (Seal) Kathleen Coppola, Secretary/Treasurer

76 CHARLOTTE COUNTY AIRPORT AUTHORITY PUNTA GORDA AIRPORT AIR CARRIER RAMP EXPANSION CONTRACT THIS AGREEMENT made and executed into this day of, 2017 by and between Charlotte County Airport Authority (Party of the First Part, hereinafter called the OWNER) and Wright Construction Group, Inc. (Party of the Second part, hereinafter called the Contractor). WITNESSETH: that the said Contractor has agreed and by these presents does agree with the said Owner, for the consideration herein mentioned in his proposal and under the penalty expressed in Bonds, hereto attached, to furnish all equipment, tools, material, skill and labor of every description necessary to carry out and complete in good firm, substantial, and workmanlike manner, the work specified in strict conformity with the drawings, and the specifications hereinafter set forth, which drawings and specifications together with the foregoing Proposal made by the Contractor, the Instructions to Bidders, General Provisions, Special Provisions, Technical Specifications and this Agreement constitute the contract. The work covered by this Agreement includes all work shown on the plans and specifications and listed in the attached Proposal, at the Charlotte County Airport to-wit: Air Carrier Ramp Expansion Base Bid ($3,063,810.94) Plus Additive Alternate No. 1($243,125.00) Total Contact Amount $3,306, The Contractor shall commence the work with adequate force and equipment on a date to be specified in a written order (Notice to Proceed) of the Owner and shall complete the base bid work within 90 Calendar Days, from and including the date stipulated in the Notice to Proceed. If the Additive Alternate (Phase 6 and Phase 7 of the CSPP) is awarded, Contractor shall complete the work within 10 calendar days and 48 hours, respectively, from the time the work is authorized to proceed in writing by the Owner. The Contractor shall accomplish the work within the milestone schedule enumerated within the Construction Safety and Phasing Plan, Section 2. The Contractor shall fully guarantee his workmanship and materials furnished for a period of one year following the date of final acceptance of the work. The performance and payment bonds shall remain in full force for this one year period. If said work is not completed within the time stated above, the Contractor shall be liable and hereby agrees to pay to the Owner as liquidated damages and not as a penalty, the amount of Four Thousand Dollars ($4,00.00) per calendar day for each and every day or part of a day thereafter that said work remains substantially incomplete. CONTRACT FORMS /01/17

77 CONTRACT The Owner shall pay and the Contractor shall receive the unit prices stipulated in the Contractor s Proposal hereto attached as full compensation for everything furnished and done by the Contractor in an acceptable manner, which sum shall be paid in the manner and terms specified in the Contract Documents but, before issuance of certificates of payment if the Contractor shall not have submitted evidence satisfactory to the Owner that all payrolls, materials, bills, and other indebtedness connected with the work have been paid, the Owner may withhold, in addition to the retained percentages such amount or amounts as may be necessary to pay just claims for labor and services rendered and materials in and about the work, and such amount or amounts withheld or retained may be applied by the Owner to the payment of such just claim. It is further mutually agreed between the parties hereto that if, at any time after the execution of this agreement and the surety bond hereto attached for its faithful performance, the first party shall deem the surety or sureties upon such bonds to be unsatisfactory, or if, for any reason, such bonds cease to be adequate to cover the performance of the work, the second party shall at its expense, within five days after the receipt of notice form the first party so to furnish an additional bond or bonds in such form and amount, and with surety or sureties as shall be satisfactory to the first party. In such event, no further payment to the second party shall be deemed to be due under this agreement until such new or additional security for the faithful performance of the work shall be furnished in manner and form satisfactory to the first party. The obligations of Contractor described herein shall not extend to the liability of Engineer, Engineer s consultants, agents or employees arising out of errors and omissions found in maps, drawings, opinions, reports, survey, Change Orders, design or specifications prepared by the Engineer. This Agreement will be governed by and construed in accordance with the laws of the State of Florida. Venue for any actions arising out of this Agreement will lie in Charlotte County, Florida. IN WITNESS WHEREOF, the parties hereto have executed this agreement in quadruplicate, this day of, Signed. Sealed and Delivered in CHARLOTTE COUNTY AIRPORT AUTHORITY the presence of: OWNER (Party of the First Part) BY: ATTEST: BY: (Seal) Paul Andrews, Chairman Kathleen Coppola, Secretary CONTRACT FORMS 120-2

78 CONTRACT CONTRACTOR (Party of the Second Part) BY: TITLE: (Seal) Contractor shall indicate whether Corporation, Partnership, Company or Individual ATTEST BY: TITLE: The person signing shall in his own handwriting sign the principals name, his own name, and his title. Where the person signing for a Out-of-state contractors must corporation is other than the affix Florida tax registration President, he shall, by affidavit, number. show his authority to bind the corporation. A corporate seal is required for all Companies that are incorporated. END OF CONTRACT CONTRACT FORMS 120-3

79 ARTICLE I. GOVERNING BOARD CHARLOTTE COUNTY AIRPORT AUTHORITY BY-LAWS Section 1. Name A. The governing board shall be known as the Charlotte County Airport Authority, hereafter referred to as the Authority. Section 2. Membership A. The Authority shall be composed of five (5) members, also known as commissioners, one from each Charlotte County commission district, who are elected in the same manner as county officials, including partisan affiliation. Elected commissioners shall take office at the first meeting of the commission after the general election. Each candidate for the office of commissioner of the authority must reside in the district from which the candidate seeks election for at least 6 months immediately before the time to qualifying to run for that office. Members shall be referred to as commissioners. Section 3. Powers A. The general and specific powers of the Authority shall be those powers authorized under the provisions of the Enabling Act. No provisions in these bylaws may be construed as superseding or exceeding such authorized powers as set forth in the Enabling Act. Section 4. Role and Purpose of the Charlotte County Airport Authority A. The Authority shall guide the Charlotte County Airport Authority in the efficient and effective acquisition, construction, improvement, financing, operation and maintenance of airport facilities in Charlotte County, Florida, and, in particular, the Punta Gorda Airport (herein referred to as the Airport ). Section 5. Authority and Responsibility of the Authority A. The Authority shall be responsible for the organization and control of Airport facilities and shall be empowered to determine the policies necessary for the effective operation and general improvement of the Airport facilities. The Authority shall not be bound in any way by any action on the part of an individual commissioner, a committee member, or an employee except Page 1 of 12 Adopted March 17, 2016 Amended January 19, 2017

80 when such action is taken in response to direction from or authorization by the Authority. Section 6. Orientation of Commissioners ARTICLE II. MEETINGS A. All new commissioners shall participate in an orientation program, which shall include instruction in parliamentary procedure, the Sunshine Law and Public Records. Section 1. Regular Authority, Workshops and Committee Meetings A. The Authority shall hold regular meetings generally once a month unless canceled by emergency, majority vote, or by consensus of the authority members. All regular meetings shall be held in the Authority meeting room or other suitable facility within the County. Minutes thereof shall be kept. B. Meetings of all committees shall be noticed in accordance with the requirements for special meetings, workshops or emergency meetings set forth in Section 2 of this Article II or as set forth by State Statute. C. When the day fixed for any such regular meeting falls on a day designated as a legal holiday. Such meeting may be canceled at the discretion of the Authority. D. At regular meetings, the Authority or committees shall consider all such matters as may be properly brought before them. E. The administrative staff shall file annually a schedule of the regular meetings of the Authority with the Clerk of the Court of Charlotte County. Section 2. Special Meetings, Workshops, Emergency A. An emergency meeting of Authority may be called by the Chair or through notification of the executive director by three (3) or more commissioners or by the Authority Attorney or the executive director whenever any of the above deems an emergency to exist which requires immediate Authority action. Whenever such emergency meeting is called, the Chair shall notify the executive director, who shall serve either verbal or written notice upon each commissioner, stating the date, hour and place of the meeting and the purpose for which called, and no other business shall be transacted at the meeting. If, after reasonable diligence, it is impossible to give notices to each commissioner, Page 2 of 12 Adopted March 17, 2016 Amended January 19, 2017

81 such failure shall not affect the legality of the meeting if a quorum is in attendance. B. Proper notice shall consist of personal notice to each commissioner or, if personal notice cannot be made, by delivery to the commissioner s office and home and, if no one is at either place, by or leaving a message regarding the meeting on a telephone. In addition, it shall be the responsibility of the Executive Director to notify the media by placement of a Notice of Meeting in the newspaper, or by telephone, or . C. All regular, special or emergency meetings shall be open to the public and shall be held and conducted in the Authority meeting room or other suitable facility within the county. Minutes thereof shall be kept. D. Special meetings or workshops of the Authority which are not emergency meetings may be set as to time and place only during a regular meeting. E. The No approval of the annual budget shall be granted at an emergency meeting. F. The Any commissioner who shall be unable to attend an emergency meeting of the Authority due to his or her own physical absence from the district on the day of the emergency meeting, may nevertheless participate in the meeting through the use of amplified telephone equipment and shall be entitled to cast a vote at the meeting. Addressing the Authority by amplified telephone equipment, the absent commissioner does not constitute a quorum. The amplified telephone equipment must allow members of the public to hear the comments by all participating commissioners. Section 3. Organizational Meeting A. The Authority shall elect a chairperson and a vice-chairperson, secretary/treasurer and assistant secretary/treasurer annually at the November meeting. Section 4. Notice of Meeting A. The administrative staff shall publish a notice of all regular or special meeting or workshop in a local newspaper circulated in Charlotte County at least seven (7) days prior to such meeting. Notices of emergency meetings are set forth in Section 2 of this Article II or as set forth by State Statute. Page 3 of 12 Adopted March 17, 2016 Amended January 19, 2017

82 Section 5. Procedure for Authority Meetings A. A majority of the Authority shall constitute a quorum, and the affirmative vote of a majority of a quorum of the commissioners shall be necessary for any action taken by the Authority. The Chair of the Authority, if present at the meeting, shall participate in all Authority votes and may participate in all Authority debates. If the Chair elects to make or second a motion, he or she shall first relinquish the chair and not return to it until the pending question has been disposed of. The chairperson of the Authority shall preside at all the meetings at which he or she is present. In the absence of the chairperson, the vice-chairperson shall preside. If neither the chairperson nor vice-chairperson are present the secretary/treasurer shall preside. In the absence of the Chair, the Vice-Chair, and the Secretary-Treasurer, the Assistant Secretary- Treasurer shall act as Chair for the sole purpose of adjourning or recessing the meeting to a later dates. The presiding officer shall preserve strict order and decorum at all meetings of the Authority. The presiding officer shall repeat every motion and state every question coming before the Authority and announce the decision of the Authority on all matters coming before it. A majority vote of the commissioners present shall govern and conclusively determine all questions of order not otherwise covered. The presiding officer may vote on all questions, his or her name being called last when a roll call is requested. In the absence of the chairperson or in the event of his or her inability to serve by reason of illness or accident, the vice-chairperson shall perform the duties and functions of the chairperson until his or her return to the Authority or recovery and resumption of duty. The secretary/treasurer shall be responsible for the presentation of the previous meeting s minutes for the approval of the Authority at the following regular meeting. The assistant secretary/treasurer shall act in regard to these duties in the absence of the secretary/treasurer. Checks require two signatures, which may be made by any two commissioners or if delegated by the commissioners to do so, the executive director or any other authority personnel to whom authority has been delegated, or by their facsimile signature in accordance with the Uniform Facsimile Signature of Public Officials Act. B. Authority proceedings shall be conducted in accordance with these Bylaws and Robert s Rules of Order Revised Edition, as they may be interpreted by Airport Legal Counsel. If there is a conflict between these Bylaws and Robert s Rules of Order, the provisions of these Bylaws shall take precedence. C. Any action affecting the policy or general operating procedures of the Authority may only be taken at a regular, special, or emergency meeting of the Authority. Page 4 of 12 Adopted March 17, 2016 Amended January 19, 2017

83 D. Voting shall be by voice unless a commissioner shall demand a roll call, in which case the Chair shall call the roll and the vote of each commissioner entered in the minutes. Each commissioner who is present shall vote either aye or no on each motion which is considered by the Authority unless the commissioner states that he or she is disqualified by conflict of interest. Any commissioner who shall be unable to attend a meeting of the Authority due to his or her own physical absence from the district on the day of the meeting, may nevertheless participate in the meeting through the use of amplified telephone equipment and shall be entitled to cast a vote at the meeting. Addressing the Authority by amplified telephone equipment, the absent commissioner does not constitute a quorum. The amplified telephone equipment must allow members of the public to hear the comments by all participating commissioners. E. An agenda shall be prepared for each meeting and shall in all cases provide a period during which the public, the press, and individual commissioners may be heard. In preparing the agenda, the Executive Director, or his designee, shall first prepare a list of potential agenda items. This list shall include items requested by the Chair, other commissioners, the Executive Director, or Authority attorney for inclusion on the agenda. As the meeting or workshop approaches, the Executive Director, or his or her designee, shall present the complete list of proposed items of business, to the Chair for his or her review. F. Whenever the vote of the Authority shall be required to select one (1) among competitive consultants or applicants before the Authority, the following special procedure shall apply: Each commissioner is required to vote his or her preference, in his or her order of preference, for at least the first, second and third choices. The Authority may elect to vote upon more than three (3) applicants upon a majority vote of the Authority. Each commissioner shall award to his or her first choice three (3) voting points; to his or her second choice, two (2) voting points; to his or her third choice, one (1) voting point. No commissioner may be excused from awarding the required points to his or her first, second and third choices except as provided within the Florida Statutes. In the event that a tie vote results, a run-off ballot will be conducted among the tied choices. In the event a tie vote results from the absence of a commissioner, the matter may be continued until the next regular Authority meeting. It shall not be necessary for consultants to be present for any vote or continued vote from the commissioners under this subsection. Page 5 of 12 Adopted March 17, 2016 Amended January 19, 2017

84 G. When the Authority meeting is held, the Authority may only take action upon any matter, proposal or item of business which is listed upon the official agenda. No resolution or other matter listed on the agenda for public hearing or vote thereon may be deferred until a later time unless a majority of the Authority present shall vote in favor of such deferral. H. Commissioners are not required to obtain the floor before making motions or speaking. At the discretion of the Chair before a commissioner may make a motion or speak in debate, he or she shall be recognized by the chair. A commissioner who makes a motion shall be entitled to be recognized in preference to other commissioners in speaking on the motion. No commissioner who has already had the floor in debate on a pending question shall be entitled to it again so long as any commissioner who has not spoken on that question claims the floor. A commissioner, having obtained the floor while a debatable motion is pending may speak. I. In conducting debate, each commissioner shall: (1) confine his or her remarks to the merits of the pending question; (2) refrain from attacking other commissioner s motives; (3) address all remarks through the chair; (4) refrain from speaking against his or her own motion; and (5) refrain from disturbing the assembly. J. Commissioners owe a duty to avoid conduct tending to (1) undermine Authority decisions or hamper the Authority in its work; (2) expose the Authority or Airport to liability for damages; (3) injure the good name of the Authority or Airport; or (4) disturb the wellbeing of the Authority or Airport. In cases of serious breaches of this duty, the Authority, by a majority vote of the Authority, may publicly censure that commissioner. Section 6. Procedure in the Event of Conflict of Interest (Fla. Statute ) A. No commissioner shall vote in his or her capacity as a commissioner upon any measure which would inure to his or her special private gain; which he or she knows would inure to the special private gain of any principal by whom the commissioner is retained, or to the parent organization or subsidiary of a corporate principal by whom he or she is retained (other than the Authority or other governmental agency); or which he or she knows would inure to the special private gain of a relative or business associate of the commissioner. Prior to the vote taken by the Authority, the commissioner shall publicly state to the assembly the nature of his or her interest in the matter from which he or she is abstaining from voting. Within 15 days after the vote is taken by the Authority, the commissioner shall disclose the nature of his or her interest as a Page 6 of 12 Adopted March 17, 2016 Amended January 19, 2017

85 ARTICLE III. ORGANIZATION public record in a memorandum filed with the secretary of the Authority, who shall incorporate the memorandum in the Authority minutes. B. No commissioner shall attempt to influence the decision by oral or written communication, whether made by the commissioner or at the commissioner s direction, in any matter which would inure to the commissioner s special private gain or loss; which the commissioner knows would inure to the special private gain or loss of any principal by whom he or she is retained or to the parent organization or subsidiary of a corporate principal by which he or she is retained; or which he or she knows would inure to the special private gain or loss of a relative or business associate of the commissioner, without first disclosing the nature of his or her interest in the matter, by filing a written memorandum in accordance with the procedures set forth in Section (4)(a), Florida Statutes, or, if applicable, by making oral disclosure at an Authority meeting, followed by the filing of a written memorandum, in accordance with the procedures set forth in Section (4)(a). C. The fact that a commissioner is a stockholder, officer, or director of a bank will not bar such bank from qualifying as a depository of funds coming under the jurisdiction of the Authority, provided it appears in the records of the Authority that it has determined that such commissioner has not favored such bank over other qualified banks (Fla. Statute (12)(g), and further provided that such commissioner, if he or she is an officer or director of the bank, abstains from any vote whereby such bank is designated as a qualified depository of Airport funds. Section 1. Officers A. The officers of the Authority shall be a Chair, Vice-Chair, Secretary/Treasurer and Assistant Secretary/Treasurer. Officers shall be elected by the Authority for a one year term at the annual organizational meeting each year; provided, however, such term may extend until the next duly qualified officer shall be elected by the Authority. Vacancies may be filled by the Authority at any regular meeting or special meeting called for that purpose. B. The Chair shall preside at all meetings of the Authority, and shall exercise all the powers and duties imposed on that position by the Enabling Act. The Chair may serve as spokesman for the Authority and shall serve as primary interpreter of Authority policy, when such policy is not otherwise clear to the Executive Director. Page 7 of 12 Adopted March 17, 2016 Amended January 19, 2017

86 C. The Vice-Chair shall act as Chair in the absence of the Chair and when so acting shall have all the power and authority of the Chair. D. In the absence of both the Chair and Vice-Chair, the Secretary-Treasurer shall act as Chair and when so acting shall have all the power and authority of the Chair. E. In the absence of the Chair, the Vice-Chair, and the Secretary-Treasurer, the Assistant Secretary-Treasurer shall act as Chair for the sole purpose of adjourning or recessing the meeting to a later date. Section 2. Committees A. The Authority may create ad hoc committees of the whole or part, as the need arises, to carry out specified tasks, at the completion of which, each such committee shall automatically cease to exist. ARTICLE IV. BUDGET Section 1. Budget A. The Authority shall adopt a budget prior to September 30 of each year for the ensuing fiscal year commencing on October 1. The Budget shall be itemized by income or expenditure category. The budget and any amendments thereto shall be adopted only by action of the Authority taken at a regular or special meeting, but not at an emergency meeting. ARTICLE V. ADMINISTRATION Section 1. Executive Director A. The Authority shall employ an airport manager with the title of Executive Director/Chief Executive Officer who shall be its Chief Executive Officer in the management of the Airport facilities. The Executive Director shall be given the necessary authority and responsibility to operate the Airport in all its activities, subject only to such policies as may be adopted and such orders as may be issued by the Authority. The Executive Director shall act as the authorized representative of the Airport and the Authority, in all matters in which the Authority has not formally designated some other person to act. Page 8 of 12 Adopted March 17, 2016 Amended January 19, 2017

87 B. In January of each year, the Executive Director shall present the Authority with a State of the Authority presentation for the past and upcoming year fiscal years. In October of the same year, each commissioner shall prepare a written evaluation assessing the Executive Director's performance during the past year. The written evaluation by each commissioner shall be presented to the Authority at the October Authority meeting. The Authority shall identify any areas in which the Executive Director's performance may be in need of improvement, and suggest strategies for achieving such improvement. C. The Authority shall continue to engage the services of the Executive Director to conduct the operations of the Authority. The Executive Director shall be responsible for the administration of all departments which the Authority has the authority to control. The Executive Director shall be directly responsible to the Authority and shall implement and execute the policies of the Authority as promulgated by the Authority in open official meetings. The Executive Director shall not have the authority to establish the Authority policy. A policy decision is hereby declared to be the exclusive jurisdiction of the Authority in exercising its responsibilities and duties pursuant to the constitution of the state, or any general or special laws enacted thereunder. The Executive Director may promulgate administrative procedures and guidelines necessary for the proper functioning of administrative operations of the Airport. D. The Executive Director shall be selected and appointed by the Authority upon an affirmative vote of four (4) commissioners. The Executive Director may be removed anytime by: (1) an affirmative vote for removal of four (4) commissioners in an open official meeting; or (2) an affirmative vote for removal by three (3) commissioners in two (2) open official meetings when such meetings are exactly two (2) weeks to the day apart from one another. Any removal of the Authority Executive Director shall be in accordance with the procedures and benefits prescribed by the then existing employment contract between the Authority and the Executive Director. E. The Executive Director shall be responsible for the administration of all departments responsible to the Authority and for the proper administration of all affairs under the jurisdiction of the Authority. The specific powers and duties of the Executive Director include, but are not limited to the following: Formulate and prepare recommendations regarding policies, rules and regulations, directives, programs, agreements, leases and contracts and other documents Page 9 of 12 Adopted March 17, 2016 Amended January 19, 2017

88 which require the consideration, action or approval of the Authority. Implements the directives of the Authority with regard to all matters concerning the operations and functions of the Authority. Prepare and administer the Five-Year Master Plan, Annual Work Program, Annual Budget and Annual Report as approved by the Authority. Public speaking before civic groups and attendance or participation at meetings as directed by the Authority. Maintain accurate records of all Authority meetings and accurate financial records. Prepare and administer the Airport Development Program, the Foreign Trade Zone, grant funding and marketing plans of services of the airport to the aviation community and citizens of Charlotte County. Stay informed of and ensure compliance with related governmental regulatory agencies. Stay informed about trends in the field of aviation and the modern status of the Airport. Ensure that terms of all tenant leases are adhered to by the tenants. Select, supervise and terminate staff, and plan, direct, and coordinate through staff the planning, development, construction, expansion, improvement, maintenance, operating, regulation, protection and safety of the Airport. Coordinate activities, as necessary, with all local, state and federal regulatory agencies. To perform such other duties as may be required of him or her by the Authority. It is the intent of this section to grant to the Executive Director only those powers and duties which are administrative or ministerial in nature and not to delegate any governmental power vested in the Authority. To that end, the above specifically enumerated powers are to be construed as administrative in nature and, in any exercise of governmental power, the administration shall only be performing the duty of advising the Authority in its role as the policy-setting governing body of the Authority. Section 2. Duties of the Executive Director A. The authority and duties of the Executive Director shall be to exercise that authority and perform those duties specified in the Executive Director's employment contract and under the policies of the Authority. Page 10 of 12 Adopted March 17, 2016 Amended January 19, 2017

89 Section 3. Authority-Executive Director Relationship A. The activities of the Executive Director shall be directed only by a majority of a quorum of the Authority. Direction to administrative staff shall be channeled through the Executive Director. It is the express intent of this article that recommendations for improvement in government operations by individual commissioners be made to and through the Executive Director so that the Executive Director may coordinate efforts to achieve the greatest possible savings through the most efficient and sound means available. Nothing in this section is to be construed to prohibit individual commissioners of the Authority from closely scrutinizing, by questions and personal observations, all aspects of operations so as to obtain independent information to assist the commissioners in the formulation of sound policies to be considered by the Authority. The Executive Director shall enjoy authority consistent with the duties delegated to him herein. B. The Executive Director shall be included in, or made aware of, all substantive discussions or written communications between commissioners and vendors, tenants, and others doing business with the Airport. The Executive Director shall be the Airport representative in the negotiations, however, the Executive Director shall keep the Authority apprised of the progress of such negotiations, and obtain Authority approval of the final agreement. The Executive Director shall inform the Authority of current activities in either committee or Authority meetings. In particular, the Executive Director shall advise the Authority in matters which are policy or which border on policy decisions that are reserved to the Authority. C. Because Authority decisions may only be made by a majority of a quorum of the Authority, individual commissioners shall refrain from directing the Executive Director or staff in the implementation of Authority decisions. Furthermore, in the absence of an emergency, the Chair shall refrain from directing the Executive Director or staff (1) in a manner contrary to an Authority decision, or (2) in matters upon which no Authority decision has been made. Nor shall the Executive Director accede to any request from individual commissioners to (1) take action contrary to an Authority decision or (2) withhold taking action mandated by an Authority decision. Commissioners shall support the Executive Director and staff as long as the Executive Director and staff are acting consistently with Authority direction. ARTICLE VI. OPEN MEETINGS AND PUBLIC RECORDS Page 11 of 12 Adopted March 17, 2016 Amended January 19, 2017

90 Section 1. A. All Authority meetings shall be open to the public and the press, except for discussions between the Executive Director and meetings with the Authority s legal counsel regarding settlement negotiations or strategy sessions related to pending litigation; and except for meetings relating to the Airport Security Plan, or as otherwise specifically permitted under current applicable Florida law. Official actions of the Authority and recommendations made by the Authority shall be set forth in the minutes of Authority meetings and Authority Workshops and shall be available for public inspection or distribution. Other public records of the Authority shall likewise be available to the public, unless they are exempt from disclosure by law, provided that persons requesting copies of documents shall pay any copying or labor costs established by the Authority pursuant to law. ARTICLE VII. AMENDMENTS Section 1. A. These Bylaws may be amended by a majority vote of a quorum of the Authority at any regular or special meeting. ARTICLE VIII. ACCEPTANCE OF GRANT OFFERS Section 1. A. The Chair is authorized to accept on behalf of the Authority, without prior formal action by the Authority, any federal or state grant offer to pay the allowable costs of any airport improvement project ( Project ) under the following conditions: (a) The project is listed in the Authority s current capital projects budget or joint automated capital improvements plan, or the Project has otherwise been authorized by prior Authority action; and (b) The form and standard terms and conditions of the grant offer do not differ materially from those previously accepted by the Authority. Date CHARLOTTE COUNTY AIRPORT AUTHORITY BY: Paul Andrews, Chair Kathleen Coppola, Secretary/Treasurer Page 12 of 12 Adopted March 17, 2016 Amended January 19, 2017

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95 Quote Ph: N. Goldenrod Rd - Orlando FL Fax: Charlotte County Airport Authority Attn: Raymond Laroche, C.M. Mgr. of Facilities and Security ext.113/cell rlaroche@flypgd.com Date- 8/8/2017 Quote No Description QTY Rate TOTAL Quote to apply Temcoat 101 to roof Location: Car Rental / Hanger Scope of Work: Hotspray will pressure wash existing roof, apply Uniflex fabric reinforced seam tape to all seams. We will then address all seams and fasteners with Temcoat Last-A-Span Mastic Caulk. Roof will then be coated with tempcoat 101 at nominal 20 mils. Total SqFt = 13,412 (This measurement is 3/4 of roof not including hanger. Taking in consideration for pitch and corrugation.) Total Cost: $56, , , Note: Effort from airport will be neededto avoid any possible over spray to cars and planes. Thank you for your business. If you have any questions please call us at Sincerely, Lyle Cummings NACE Certified Coatings Inspector-Level 3 Hotspray Industrial Coatings, Inc TOTAL $56,300.00

96 Quote Ph: N. Goldenrod Rd - Orlando FL Fax: Charlotte County Airport Authority Attn: Raymond Laroche, C.M. Mgr. of Facilities and Security ext.113/cell rlaroche@flypgd.com Date- 8/8/2017 Quote No Description QTY Rate TOTAL Quote to apply Temcoat 101 to roof Location: Car Rental / Hanger Scope of Work: Hotspray will pressure wash existing roof, apply Uniflex fabric reinforced seam tape to all seams. We will then address all seams and fasteners with Temcoat Last-A-Span Mastic Caulk. Roof will then be coated with tempcoat 101 at nominal 20 mils. Total SqFt = 17,882 (This measurement is total roof area. Taking in consideration for pitch and corrugation.) Total Cost: $75, , , Note: Effort from airport will be neededto avoid any possible over spray to cars and planes. Thank you for your business. If you have any questions please call us at Sincerely, Lyle Cummings NACE Certified Coatings Inspector-Level 3 Hotspray Industrial Coatings, Inc TOTAL $75,063.00

97 August 8, 2017 Mr. Ron Mallard Punta Gorda Airport A-1 Airport Road Punta Gorda, FL Price Quote for BAR3040 Passenger Boarding Ramps (2) BAR3040 ($43, ea.) $ 86, (2) Freight to PGD ($9, ea.) $ 18, Total: $ 104, (2) Safeguard Anti-Slip Option ($6, ea.) $ 12, Total with Options: $ 116, Two Training Manuals and One Maintenance/Parts Manual provided. Safeguard is a long lasting, extremely durable anti-slip product that is superior to typical adhesive non-skid. It is the standard covering used by United/Continental, Delta, Alaska/Horizon, ANA, Jazz, WestJet, and Air Canada on their ramp purchases. Safeguard comes standard with a 5 year warranty. Two 5,000 lb. forklifts (to be provided by the purchaser at each destination) are required for unloading and setup. Ramp and Safeguard quote is valid for 90 days. Terms are: Fifty percent deposit required before PO will be processed. Remaining balance due before units will be released for shipping. Any questions concerning this quote please contact KCI at Thank you for the opportunity. Michael Keith PO Box 2581 White City, OR Phone: (541) Fax: (541)