Posted: November 09, 2016
Rapid City
Agenda Item Summary

Agenda Item Ref. #: LF111616-06

Agenda Item Title:

Approve Rapid City Regional Airport Rates and Charges for FY 2017

Origination Group:
Legal & Finance Committee
Origination Meeting Date:
11/16/2016
City Council Hearing Date:
11/21/2016
Staff Contact:
Toni Broom
Agenda Item Summary:
The attached rates and charges were approved by the Airport Board at its 11/08/2016 meeting. Ground Lease Rates, T-Hangar Lease Rates and Agricultural Leases are established by contract with provision for annual rent adjustments based on the previous year’s CPI. For 2017, that increase is 0.1%. No other changes were made to the Airport’s rates and charges.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center

Recommendations:

Origination Recommendation Action:
Approve

Attachments & Links to Download:

pdf LF111616-06 2017 Airport Rates (398 KB)

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