Information and Administration
Meeting of September 24, 2009
APPROVED MINUTES
The regular Board Meeting was held in the Airport Authority Board Room, Airport Terminal Building, Lincoln Airport, Lincoln, Nebraska. Notice was given in the Journal-Star. Board Members present: Phyllis Chambers, Chris Hove, John Hoppe and Walt Zink. Also present were:
John Wood, LAA
Bob McNally, LAA
Jon Large, LAA
April McDaniel, LAA
Linda Benda, LAA
Bill Austin, Attorney At Law
Matt Olberding, Journal-Star
Robyn Devore, BKD
Chris Lindner, BKD
Chairperson Hove called the meeting to order and stated a copy of the Open Meetings Act was available for public reference at the back of the Board Room.
Chairperson Hove asked for a motion to approve the Minutes of the August 27, 2009 meeting. It was moved by Chambers and seconded by Hoppe to approve the Minutes of the August 27, 2009 meeting. Vote: Chambers, Aye; Hoppe, Aye; Hove, Aye; Zink not available for the vote.
Chairperson Hove asked for airline reports. There were no airline representatives present.
It was moved by Hoppe and seconded by Zink that the Board accept the Accountants Report and Financial Statements for the Fiscal Year ended June 30, 2009. Chairperson Hove asked for any questions or discussion. April McDaniel introduced Robyn Devore and Chris Lindner with BKD to present the Accountants Report and Financial Statements for FY 2009 and answer any questions the Board may have. Discussion followed. The Board congratulated Staff on doing a good job in preparation for the audit. Vote: Zink, Aye; Hove, Aye; Hoppe, Aye; Chambers, Aye.
Member Zink had questions on the Airport Bonds and the possibility of rebidding those bonds to obtain a lower interest rate. April McDaniel answered the question by stating that Staff had Kutak Rock review the bonds and determine if that was something the Authority needed to consider and it was determined it was not needed at this time. She stated that Bill Austin was also involved in that review. Member Chambers questioned if Staff anticipates issuing any additional bonds in the near future on any upcoming projects. John Wood stated no. Discussion followed.
It was moved by Chambers and seconded by Hoppe that the Board approve and the Chairman and Secretary be authorized to execute the License Agreement with the Cornhusker Council, Boy Scouts of America, for Building No. 1742 in Lincoln Air Park West for a three day weekend in October, 2009 for their Fall Camporee. Vote: Hoppe, Aye; Chambers, Aye; Zink, Aye; Hove, Aye.
It was moved by Hoppe and seconded by Zink that the Board approve and the Chairman and Secretary be authorized to execute a Commercial Net Building and Ground Lease with Fix Prop Shop, Inc. for Building No. 972 in Lincoln Air Park West for a one (1) year term beginning October 1, 2009 and ending September 30, 2010 with an additional one (1) year option thereafter. Vote: Hove, Aye; Chambers, Aye; Hoppe, Aye; Zink, Aye.
John Wood briefed the Board on Agenda Item No. 6. It is the recommendation of the Building Committee (Walt Zink and Ed Raines) that the Board approve and the Chairman and Secretary be authorized to execute an Exclusive Listing Agreement with Pacific Realty Commercial, LLC doing business as Grubb and Ellis Pacific Realty for a three (3) year agreement with a three year option. Member Zink requested that this Agenda Item be deferred until copies of the Agreement can be made and distributed to the Board for review and the Board move on to Agenda Item No. 7.
Jon Large briefed the Board on Agenda Item No. 7. Questions and discussion followed. It was moved by Hoppe and seconded by Chambers that the Board authorize Staff to enter into an agreement with Olsson Associates for a study and analysis of the pond/fountain/airport entrance rehabilitation/improvements in the amount of $14,400.00. Chairperson Hove encouraged Staff to work closely with Olsson Associates to keep the costs of this project down as much as possible due to the economic times. Vote: Hove, Aye; Zink, Aye; Chambers, Aye; Hoppe, Aye.
John Wood brought Agenda Item No. 6 back to the Board for review and approval. Member Zink, as a Committee Member, relayed the decision making process to the Board and how the Committee arrived at the recommendation of Pacific Realty. Questions and discussion followed. It was moved by Zink and seconded by Chambers that the Board defer this matter for 30 days and bring the item back before the Board at the October Board Meeting with a request that a representative with Pacific Realty be in attendance to answer any questions the Board may have. Vote: Chambers, Aye; Hoppe, Aye; Hove, Aye; Zink, Aye.
It was moved by Chambers and seconded by Zink to approve the Treasurers Report and Financial Statement for August, 2009. Vote: Hove, Aye; Hoppe, Aye; Zink, Aye; Chambers, Aye.
Member Zink questioned why the Authority uses Kutak Rock as bond counsel and not someone locally. His question was answered by Bill Austin.
There being no further business to come before the Board, it was moved by Chambers and seconded by Zink that the meeting be adjourned. Vote: Chambers, Aye; Hove, Aye; Zink, Aye; Hoppe, Aye.
Respectfully submitted,
______________________________Phyllis Chambers, Secretary
