Item C13BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
MEETING DATE: 1/21/04 DIVISION: COUNTY ADMINISTRATOR
BULK ITEM: YES DEPARTMENT: AIRPORTS
AGENDA ITEM WORDING: Approval to increase parking rates for the Key West International Airport, per the
recommendation of Republic Parking System.
ITEM BACKGROUND: Parking rates at the Airport have not been increased in three years. Republic Parking System
manages the parking lot at the Airport, and has recommended that the rates, excluding meters, be increased. Republic
estimates the rate adjustment will increase revenue approximately $35,000.00 per year.
PREVIOUS RELEVANT BOCC ACTION: Approval of rate adjustment, July 26, 2000.
CONTRACT/AGREEMENT CHANGES: Rate adjustment
STAFF RECOMMENDATION: Approval to increase parking rates as recommended, to commence March 1, 2004.
TOTAL COST: None BUDGETED: N/A
COST TO AIRPORT: None SOURCE OF FUNDS: N/A
COST TO PFC: None
COST TO COUNTY: None
REVENUE PRODUCING: Yes AMOUNT PER YEAR: - $35,000.00 additional
APPROVED BY: County Attorney N/A OMB/Purchasing N/A Risk Management N/A
I/ L
DIRECTOR OF AIRPORTS APPROVAL
P ter . Ho on
DOCUMENTATION: Included X
DISPOSITION:
/bev
APB
To Follow Not Required
AGENDA ITEM # �f/ 3
C
REPUBLIC
PARKING
sVXWM
EXECUTIVE OFFICES • SUITE 2000 • REPUBLIC CENTRE • CHATTANOOGA, TENNESSEE 37450 • 423/756-2771 • FAX 423/265-5728
September 18, 2003
Ms. Bevette Moore
Business Administrator
Key West International Airport
3491 S. Roosevelt Boulevard
Key West, Florida 33040
Re: 2003 — 2004 Operating Budget & Proposed Rate Increase
Dear Bevette:
t:
77�7-
SEp 2 4 2003
ILL. -
Per our conversation, I have enclosed our submittal for the 2003-2004 parking budget. Please
contact me if you have any questions regarding the budget.
In addition, it has been at least three years since the Airport has last increased parking rates. I
suggest that the Airport implement the following rate changes:
0 - 30 minutes $ 1.00
Each additional 30 minutes 1.00
Daily maximum 6.00
Monthly 80.00
Annual 950.00
This rate structure will accomplish two goals. It will produce an additional $35,000 in parking
revenue annually for the Airport. It will assist in reducing transaction time by reducing the
necessity to deal in coins. Please note that the submitted budget reflects the estimated revenue
increase from this rate increase.
If you have any questions or comments, please feel free to contact me. I look forward to your
direction on this issue.
Sincerely,
Chris J. Iiowle
Y
Executive Vice President
Enclosure
Cc: John Leavens