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CIP
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Last modified
5/11/2010 9:57:02 AM
Creation date
8/6/2008 9:47:59 AM
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Template:
PW_Exec
PW_Division_Exec
Engineering
PWA_Project_Area
Road Repair
PW_Subject
CIP
Document_Date
9/26/2008
External_View
No
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Airport CIP <br /> Policy Issues <br /> None <br /> Assumptions <br /> 1) Revenue Bond (Airport Revenue Refunding Bonds, Series 2000) will be fully repaid <br /> in FY08. <br /> 2) General Obligation Bond (General Obligation Airport Refunding Bonds, Series 1997) <br /> will continue to be serviced by Airport funds, and will be fully repaid in FY08. <br /> 3) Passenger Facility Charge (PFC) will remain unchanged at $4.50 per leg. <br /> <br /> 4) Entitlement funding will continue at current (Non-AIR 21) rate. <br /> 5) Enplanements will grow at 3% per annum, with a commensurate increase in parking, <br /> restaurant customers, car rentals, etcetera. <br /> 6) There are will be no new acts of terrorism involving commercial aircraft. <br /> 7) Prioritization of projects for inclusion in the CIP were based on the following criteria: <br /> a) Safety <br /> b) Security <br /> c) Legal Mandates <br /> d) Preservation and Maintenance of Existing Facilities <br /> e) Customer Service <br /> f) Revenue Generation <br /> g) Encouragement ofPrivate-Sector Development <br /> h) Other <br /> <br />
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