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Item C08 ' CM ounty of onroe BOARD OF COUNTY COMMISSIONERS  Mayor George Neugent, District 2 Mayor Pro Tem David Rice, District 4 TheFloridaKeys Danny L. Kolhage, District 1 Heather Carruthers, District 3 Sylvia J. Murphy, District 5 County Commission Meeting February 15, 2017 Agenda Item Number: C.8  Agenda Item Summary #2619 BULK ITEM: DEPARTMENT: Yes Airports TIME APPROXIMATE:STAFF CONTACT: Donald DeGraw (305) 809-5200 none AGENDA ITEM WORDING: Approval to increase parking fees for the public pay parking lot at the Key West International Airport, increasing the daily maximum from $10.00 to $15.00, the first hour to $3.00 (free for handicapped and terminal concession customers), lost ticket minimum to daily maximum rate and the weekly maximum from $50.00 to $84.00. No change to the currently monthly and annual rates or the free short term parking locations. ITEM BACKGROUND: The airport pay parking lot rates were last adjusted by the BOCC on September 1, 2009. The average daily maximum for comparable and competing airports which includes Fort Lauderdale, Miami and Daytona Beach is $15.30. The airport proposes to increase the daily maximum rate to $15.00 which (along with other adjustments) increases annual net revenue flow from approximately $180,000.00/yr. to $350,000.00/yr. (an additional $170,000.00/yr.) (See Exhibit A) This increase to non-aeronautical revenue will continue to support the airports self-sufficient financial operating budget, which is completely free from Monroe County ad-valorem taxes. PREVIOUS RELEVANT BOCC ACTION: On July 15, 2009 the BOCC approved a parking fee increase for the public parking lot at the Key West International Airport. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: Approval. DOCUMENTATION: Proposed Parking Rate Increase Summary Sheet 2017 Exhibit 1 FINANCIAL IMPACT: 4EGOIX4K ' Effective Date: 02/15/2017 Expiration Date: Total Dollar Value of Contract: Total Cost to County: Current Year Portion: Budgeted: Source of Funds: CPI: Indirect Costs: Estimated Ongoing Costs Not Included in above dollar amounts: Revenue Producing: Yes If yes, amount: annual increase of $170,000.00. Grant: County Match : Insurance Required: Additional Details: REVIEWED BY: Beth Leto Completed 01/25/2017 11:48 AM Donald DeGraw Completed 01/25/2017 12:31 PM Pedro Mercado Completed 01/25/2017 1:16 PM Budget and Finance Completed 01/25/2017 2:56 PM Maria Slavik Completed 01/26/2017 7:27 AM Kathy Peters Completed 01/26/2017 3:32 PM Board of County Commissioners Pending 02/15/2017 9:00 AM 4EGOIX4K %XXEGLQIRX4VSTSWIH4EVOMRK6EXI-RGVIEWI7YQQEV]7LIIX)\LMFMX )=;4EVOMRKVEXIW