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Item G1 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY MEETING DATE: 4/20/05 DIVISION: COUNTY ADMINISTRATOR BULK ITEM: No - Time Approximate DEPARTMENT: AIRPORTS STAFF CONTACT PERSON: Peter Horton AGENDA ITEM WORDING: Presentation by Newton & Associates, Inc, regarding the Proposed Plan of Finance for the Key West International Airport Terminal Development Program. ITEM BACKGROUND: As discussed at previous BOCC meetings, due to FAA & FDOT funding cycles, the new Termina Complex Project at KWIA will require bond financing. We have hired Newton & Associates (who has assisted us many times in the past) to help us with securing the bond financing. PREVIOUS RELEVANT BOCC ACTION: Approval of Purchase Service order for Terminal Cost and Funding, March 16 2005, CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATION: N/A- This is a progress report. TOTAL COST: N/A BUDGETED: N/A COST TO AIRPORT: N/A COST TO PFC: N/A COST TO COUNTY: N/A SOURCE OF FUNDS: N/A REVENUE PRODUCING: N/A AMOUNT PER MONTH /YEAR: APPROVED BY: County Attorney N/A OMB/Purchasing N/A Risk Management N/A AIRPORT DIRECTOR APPROVAL ~d; J Peter J. Horton DOCUMENTATION: Included X Not Required AGENDA ITEM # DISPOSITION: Ibev APB