Item K5 �s K.5
r`,
County of Monroe
�y,4 ' �, "tr, BOARD OF COUNTY COMMISSIONERS
County �a� Mayor David Rice,District 4
�1 `ll Mayor Pro Tem CraigCates,District 1
The Florida Keys ��� `� � Michelle Coldiron,District 2
Eddie Martinez,District 3
w � Holly Merrill Raschein,District 5
County Commission Meeting
December 8, 2021
Agenda Item Number: K.5
Agenda Item Summary #9989
BULK ITEM: Yes DEPARTMENT: Airports
TIME APPROXIMATE: STAFF CONTACT: Richard Strickland(305) 809-5200
N/A
AGENDA ITEM WORDING: Approval to adjust the overnight or max daily rate for the long-
term premium covered public parking lot at the Key West International Airport from $15.00 per day
to $19.00 per day effective January 1, 2022. This action will create greater availability of parking
spaces in the long-term premium parking lot and will increase the Airport's non-aeronautical revenue
to support the Airport's effort to remain self-sufficient and not receive any ad valorem taxpayer
funding. The daily max rate at the short-term parking lot will remain unchanged to give price
sensitive customers a less expensive option.
ITEM BACKGROUND: Please see attached parking analysis from Reef Parking (Republic
Parking)the current parking lot management company for the Key West International Airport. The
proposed rate change is comparable with other South Florida Airports, and is estimated to increase
annual revenue flow to the Airport by approximately $114,940.53/yr.
PREVIOUS RELEVANT BOCC ACTION: On July 15, 2009, November 22, 2016, and July 19,
2019, the BOCC approved parking fee increases for public parking at the Key West International
Airport.
CONTRACT/AGREEMENT CHANGES:
N/A
STAFF RECOMMENDATION: Approval.
DOCUMENTATION:
EYW Parking Rates
FINANCIAL IMPACT:
Effective Date: January 1, 2022
Expiration Date: None, until rates are subsequently adjusted
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K.5
Total Dollar Value of Contract: n/a
Total Cost to County: n/a
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: Approx. $114,940.53/yr.
Grant:
County Match:
Insurance Required: No
Additional Details:
REVIEWED BY:
Beth Leto Completed 11/22/2021 2:55 PM
Richard Strickland Skipped 11/22/2021 2:54 PM
Pedro Mercado Completed 11/22/2021 2:58 PM
Purchasing Completed 11/22/2021 4:51 PM
Budget and Finance Completed 11/22/2021 4:52 PM
Maria Slavik Completed 11/22/2021 7:02 PM
Liz Yongue Completed 11/23/2021 8:32 AM
Board of County Commissioners Pending 12/08/2021 9:00 AM
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K.5.a
REEF
PARKING
November 16, 2021
Mr. Richard Strickland
Director of Airports
Key West International Airport
3491 S. Roosevelt Blvd.
Key West, FL 33040
Dear Richard,
Per your request regarding a parking analysis, I have attached a document reflecting the
overnight rate at several southern Florida Airports.
We believe the parking rates in the premium short-term garage could easily be raised to $19 per
daily maximum. We think this will create greater availability of parking spaces in the garage.
You will see on the attached overnight rates bar chart, a$19 overnight rate at Key West
International Airport would still keep the Airport short term rates comparable to other airports in
south Florida as well as the Key West municipal lots. ,
uO
Below you will see the revenue table reflecting a $4 increase in the short-term garage and its >-
significant increase to annual parking revenue:
Short Term
Short Term (Premium
Surface) overedl Totals
Gross Revenue 10/1/2020 thru 9/30/2021 $ 35,705 $ 431,027 $ 466,732 CL
Revenue producing transactions-same period (divide) 28,314 7,760 36.074
Average Ticket amount $ 1.26 $ 55.54 $ 12.94
Current Overnight rate(divide) $ 15.00 $ 15.00
Average length of stay in days 0.08 3.70
Increased overnight rate(multiply) 15.00 $ 19.00
Extrapolated New Average Ticket amount $ 1.26 $ 70.36 $ 16.12
Revenue producing transactions (multiply) 28,314 7,760 36,074
Extrapolated New Gross Receipts $ 35,705.00 $ 545,967.53 $ 581,673
Gross Recei is Increase $;114,940:53;` <$ 114,947
We believe leaving the short-term surface rate at$15 per day would give more price sensitive
customers a less expensive option than the short-term premium garage rate. The customers who
choose to park in the short-term surface lot will provide greater availability of space in the short-
term premium garage.
Republic Centre
633 Chestnut Street,Suite 2000 423.756.2771
Chattanooga,TN 37450 reeftechnology.com
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K.5.a
At some point in the future, we believe the top level of the parking garage needs to be used for
paid public parking. At a future date, we would like to discuss potentially moving these parkers
into the existing short-term lot or another area on the property once availability of space on the
Airport property occurs.
I look forward to discussing with you in more detail. In the meantime, please do not hesitate to
call me if you have any questions.
Regards,
Bob Linehart
Executive Vice President
Airport Services
C: Daniel Lassiter CL
Edson Alfaro
LO
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Key West International Airport- Key West, FL
Short Term Long Term
Free 0 -60 min $3 0 -- 60 min
$6 1 - 2 hrs $6 1 - 2 hrs
$9 2 --3 hrs $9 2 3 hrs
$12 3 --4 hrs $12 3 ---4 hrs
$15 daily max $15 daily max
$84 weekly $84 weekly
Fort Lauderdale-Hollywood International Airport-Fort Lauderdale, FL
Short Term (Hourly) Long Term (Daily)
$3 per hour $3 per hour
$36 daily $15 daily
Economy
$10 daily
Melbourne International Airport-Melbourne,
Short Term Long Term
$1 each 20 min up to 1 hr $1 each 20 min up to 1 hr
$1 each additional 30 min $1 each additional 30 min
$14 daily $12 daily LO
Miami International Airport-Miami, FL !i,
Short Term (Garage)
$2 each 20 min
$17 daily
Orlando Sanford International Airport-Orlando,
Garage Hourly
$17 daily Free first 15 min
$2 per 20 min thereafter
$28 daily E
Long Term Economy Lot
$14 daily $13 daily
Palm Beach International Airport-West Palm Beach, FL
Short Term (Garage) Long Term (Garage & Surface Lot)
$17 daily $13 daily
Premium (Outside Baggage Claim) Economy (Surface Lot)
$2 0 20 min $7 daily
$1 each additional 20 min
$30 daily
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Puntaor a Airport-Punta Gorda, FL
Short Term Long Term
Free first 2 hours Free first 2 hours
$1 each additional hour $1 each additional hour
$24 daily $11 daily
$66 weekly
Sarasota-Bradenton ter i a it or -Sarasota, FL
Short Term Long Term
$2 0 -40 min $2 0 - 40 min
$2 each additional 20 min $2 each additional 20 min
$18 daily $14 daily E
Shaded Lot
$2 0 -40 min
$2 each additional 20 mins
$15 daily
Southwest on a International Airport-Fort Myers, FL
Short Term (Garage) Long Term (Surface Lot)
Free 0 -20 min $2 each hour
$2 21 -40 min $11 daily LO
$3 First hour $60 weekly
$18 daily $4 daily after first week .�
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