Admin Order 58-22-27-F -- Final Airport Rule and Minimum Standards

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43 proposed Commercial Aeronautical Activity or Non-Commercial Aeronautical Activity. 5) Insurance. Evidence of insurance, or the specific intent to obtain insurance, consistent with the insurance requirements of the Minimum Standards. 6) Security Deposit. The City reserves the right to request a security deposit with the submittal of the application to indicate the good faith intentions of the applicant and/or to off-set any costs incurred by the City in the consideration of the application. The amount will be determined by the Airport Director based on the nature of the application. 7) Petitions in Bankruptcy. Identify all bankruptcies relating to the applicant and the applicant’s principals for the previous five (5) calendar years from the date of the application. 8) Violations of FAA Regulations. Disclose all documented violations by the applicant and/or the applicant’s principals of FAA regulations for the previous five (5) years from the date of application. 9) Notices of Default. Disclose all default notices and corrective actions relating to the applicant or associated companies for the previous five (5) years from the date of the application. b. Requirements to provide documentary evidence of financial responsibility, petitions in bankruptcy, information on violations of FAA regulations, and previous notices of default include the requirement to provide such materials and information pertaining to the Person, its principals, and any other Person of whom the principals of the Person are or were principals or managers. c. If an Entity is formed for the sole purpose of conducting a Commercial Aeronautical Activity at the Airport, the Airport Director may request financial information or financial guarantees of the principals of the Entity. II. Action on Application a. Upon receipt of an application, or a statement of interest, and the required security deposit, or on its own initiative, the City may issue a request for qualifications or proposals or otherwise select a Commercial Aeronautical Operator through a competitive solicitation in which case the applicant is qualified to response with a proposal to the public solicitation. b. The Airport Director may deny an application upon finding any of the following: 1) The Commercial Aeronautical Activity or Non-Commercial Aeronautical Activity proposed by the applicant would not meet the Minimum Standards prescribed herein. 2) The City has determined, upon examination of the applicant’s business plan, financial plan, and information submitted to establish financial responsibility, that the applicant is unlikely to be able to continue to meet the Minimum Standards prescribed herein throughout the term of an Agreement, including the payment of the required rates, fees, and charges. 3) The applicant has supplied the City, or any other Person, with false or misleading information or has failed to make full disclosure in their application or supporting documents.