Item K7 K.7
Coty f � ,�� ,' BOARD OF COUNTY COMMISSIONERS
�� Mayor David Rice,District 4
The Florida Keys � Mayor Pro Tem Craig Cates,District I
y Michelle Coldiron,District 2
James K.Scholl,District 3
Ij Holly Merrill Raschein,District 5
County Commission Meeting
July 20, 2022
Agenda Item Number: K.7
Agenda Item Summary #10793
BULK ITEM: Yes DEPARTMENT: Airports
TIME APPROXIMATE: STAFF CONTACT: Richard Strickland(305) 809-5200
N/A
AGENDA ITEM WORDING: Approval to reopen Key West International Airport Fund 405 in
anticipation of the upcoming 2022 General Airport Revenue Bond issuance for the new EYW
Terminal Concourse A and Improvements Program.
ITEM BACKGROUND: The project budget needs to be held in a restricted fund. A resolution will
be placed on a future BOCC agenda identifying all revenue sources and amounts (federal and state
grants, PFC Application 420, bond proceeds, etc.) along with the anticipated appropriations for
CMAR's Gross Maximum Price (GMP), principal, interest, O&M reserve requirement, etc.
PREVIOUS RELEVANT BOCC ACTION: Fund 405 was originally created in 2006 when the
main terminal was constructed.
CONTRACT/AGREEMENT CHANGES:
N/A
STAFF RECOMMENDATION: Approval
DOCUMENTATION:
FINANCIAL IMPACT:
Effective Date: July 20, 2022
Expiration Date:
Total Dollar Value of Contract: 0
Total Cost to County: 0
Current Year Portion:
Budgeted: Yes
Source of Funds:
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K.7
CPI:
Indirect Costs:
Estimated Ongoing Costs Not Included in above dollar amounts:
Revenue Producing: No If yes, amount:
Grant:
County Match:
Insurance Required: No
Additional Details:
REVIEWED BY:
Beth Leto Completed 07/01/2022 3:16 PM
Pedro Mercado Completed 07/01/2022 3:21 PM
Richard Strickland Completed 07/05/2022 2:18 PM
Purchasing Completed 07/05/2022 2:38 PM
Budget and Finance Completed 07/05/2022 4:41 PM
Brian Bradley Completed 07/05/2022 5:00 PM
Lindsey Ballard Completed 07/05/2022 5:09 PM
Board of County Commissioners Pending 07/20/2022 9:00 AM
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