Ord. 20640 - Laserfiche WebLink

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IMPLEMENTATION AND FINANCING PLAN highest at nearly $28.8 million, with a portion allotted to funding the construction of a ground service vehicle access tunnel under the cross-field taxiways and the other portion funding routine rehabilitation work on Taxiway B. Customer Facility Charge Funding Outlook Customer Facility Charges have been collected since 2006 and are currently collected at a rate of $3 per transaction. Total CFC collections since the program started in 2016 to October 1, 2017, totals approximately $5 million at an average of over $454,500 annually. The current contractual agreement between Eugene Airport and the rental car agencies collecting the CFCs limit their use to only the construction of a rental car quick turn-around service facility. It is recommended that the contract be amended to include additional infrastructure serving rental cars. This would include additional parking for the ready-return lot and the service area, as well as a portion of the future access road leading to the rental car facilities. CFC contractual amendments would benefit both the rental car agencies, the Airport, and ultimately the customers who receive an improved level of service. The CIP funding source allocations assume that a portion of the CFC revenues can be programmed for use of these capital improvements. If this is later determined to be impossible, then the assumed funding would need to be fulfilled through either Airport or private funding, potentially postponing the implementation of certain landside roadway and parking projects. Within the proposed CIP, CFCs are programmed to be used in the short-term period for the landside roadway, parking, and rental car facility improvements and, in the long-term period, for the construction of a rental car maintenance garage. Private Funding Outlook The private sector can be another valuable source of funding for airport related infrastructure projects. Caution should be taken when using this funding source to avoid agreements which infringe upon the airports grants assurance requirements. It has been assumed that the New Fuel Storage and Decommission of Existing Fuel Storage project, scheduled in the short-term period of this CIP, is an excellent candidate for funding from the private sector. This is especially true when considering that it specifically benefits the Atlantic fixed base operator (FBO) facility. Atlantic has already expressed their interest to the Airport in funding the project. It is recommended that the Airport pursue this funding as the development of the fuel facility benefits all parties involved. Even though it is not being considered in the proposed funding plan for the new CIP, the Airport could explore the possible use of private funds for some of the larger projects in the CIP, like terminal and concourse development, exploring a variety of ownership/lease models within the limitations imposed by the FAA grant assurances. EUGENE AIRPORT MASTER PLAN 5-14