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ACRP Report 47: Guidebook for Developing and Leasing Airport Property (2011)
Airport Cooperative Research Program (ACRP)

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Crider, Rick, Preisler, Matthew, Autin, Erin, Roth, Sanders, Fulton, Stephanie, Swartzlander, Julie, Tharp, Gary, Transportation Research Board. "Appendix E - Nominated Airport Projects." ACRP Report 47: Guidebook for Developing and Leasing Airport Property. Washington, DC: The National Academies Press, 2011.

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Page
127
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Page
127
Front Matter (R1-R11)
Summary (1-4)
1.1 Purpose of This Guidebook (5-5)
1.2 How to Use This Guidebook (6-6)
1.3 Research Approach (7-9)
2.1.1 Aeronautical Versus Nonaeronautical (10-10)
2.1.2 Land Lease (11-11)
2.1.5 Hangar Rental Agreement (12-12)
2.1.7 Airline Leases (13-14)
2.2 Essential Lease Elements (15-15)
2.2.4 Use of Premises (16-16)
2.2.6 Rent (17-17)
2.2.8 Operation and Maintenance (18-18)
2.2.10 Reversion/Reversionary Clause (19-19)
2.2.12 Rights, Reservations, and Obligations of Lessee (20-20)
2.2.15 Insurance Obligations (21-21)
2.2.16 Environmental (22-22)
2.2.17 Taxes and Fees (23-23)
2.2.19 Defaults (24-24)
2.2.21 Regulatory Compliance (25-25)
2.2.25 Force Majeure (26-26)
2.3.1 Noncompete Clause (27-27)
2.3.2 Right of First Refusal (28-28)
2.3.4 Term Extension Options (29-29)
Chapter 3 - Airport Owner/Sponsor Role (30-30)
3.1.1 Airport Master Plan (31-31)
3.1.2 Infrastructure Inventory Analysis (32-32)
3.1.4 Airport Business Plan (33-33)
3.2 Grant Assurances and Federal Compliance (34-34)
3.2.2 Community Considerations (35-35)
3.2.3 Land Management Compliance (36-36)
3.2.5 Business Practice Assurances (37-37)
3.2.6 Exclusive Rights (38-38)
3.2.7 Environmental Compliance (39-39)
3.3 Minimum Standards and Rules and Regulations (40-41)
3.5 Stakeholder Coordination (42-42)
3.5.2 Economic Development Agencies (43-43)
3.5.5 Colleges and Universities (44-44)
3.5.7 Federal Government (45-45)
3.6 Sociopolitical Considerations (46-46)
3.6.3 The Economic Development Role (47-47)
3.6.4 Incentives and Assurances (48-48)
4.1 Existing Agreements (49-49)
4.3 Funding (50-50)
4.4 Land and Facility Development (51-51)
4.5.1 Appraisal (52-52)
4.6 Airport Revenue Maximization (53-53)
4.7 External Stakeholder Resources (54-54)
5.1.1 Funding (55-55)
5.1.2 Quantifying Benefits - Pro Forma Analysis (56-56)
5.1.3 Capital Recovery Rates (57-57)
5.2.1 Return on Investment (58-59)
5.2.2 Financial Effects of Lease Components (60-60)
5.3.1 Debt/Equity Coverage (61-61)
5.4.1 Tax-Exempt Debt (62-62)
5.4.2 Private Financing (63-63)
5.6 Funding Sources (64-64)
5.6.1 Airport Improvement Program (65-65)
5.6.3 Alternative Grant Sources (66-66)
5.6.4 Private Capital (67-67)
6.1.1 Airport Planning (68-68)
6.1.4 Economic Impact Considerations (69-69)
6.2 Lease Execution (70-70)
6.2.3 Lease Rate Determination (71-71)
6.2.5 Reversion (72-72)
6.3.1 Project Analysis Checklist (73-73)
6.3.2 Lease Agreement Checklist (74-76)
Case Study Summaries (77-77)
Collin County Regional Airport (TKI) (78-79)
Monroe County Airport (BMG) (80-81)
Coastal Carolina Regional Airport (EWN) (82-83)
New Bedford Regional Airport (EWB) (84-84)
Albany International Airport (ALB) (85-87)
Baton Rouge Metropolitan Airport (BTR) (88-89)
Pittsburgh International Airport (PIT) (90-91)
Ted Stevens Anchorage International Airport (ANC) (92-93)
George Bush Intercontinental Airport/Houston (IAH) (94-95)
Tampa International Airport (TPA) (96-99)
Project Attributes Matrix (100-101)
Project Stakeholder Matrix (102-103)
Appendix B - Acronyms (104-105)
Appendix C - Glossary (106-122)
Appendix D - References and Bibliography (123-126)
Appendix E - Nominated Airport Projects (127-129)
Abbreviations used without definitions in TRB publications (130-130)

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OCR for page 127
APPENDIX E Nominated Airport Projects Alabama Albertville Municipal Airport South Alabama Regional Airport Gulf Shores Airport--Jack Edwards Field Fairhope Airport Madison County Executive Airport Alaska Anchorage International Airport Arizona Tucson International Airport Phoenix Sky Harbor Airport Flagstaff Pulliam Airport Mesa Falcon Field Airport Phoenix/Mesa Gateway Airport Colorado Centennial Airport Front Range Airport Garfield County Regional Airport Grand Junction Regional Airport Gunnison-Crested Butte Regional Airport Rocky Mountain Metropolitan Airport Delaware New Castle County Airport/Delaware Airpark Sussex County Airport Summit Airport Idaho Coeur d'Alene Airport Caldwell Industrial Airport Lewiston-Nez Perce County Airport Indiana Columbus Municipal Airport Monroe County Airport Kansas Salinas Municipal Airport Johnson County Executive Airport Wichita Mid-Continent Airport 127

OCR for page 128
128 Guidebook for Developing and Leasing Airport Property Maine Portland International Jetport, City of Portland Jetport Maryland Hagerstown Regional-Richard A. Hensen Field Massachusetts New Bedford Regional Airport Westover Metropolitan Airport Orange Municipal Airport Beverly Municipal Airport Plymouth Municipal Airport Minnesota Anoka County Blaine Airport Duluth International Airport Rochester International Airport Minneapolis-St. Paul International Airport Missouri Spirit of St. Louis Airport Montana Helena Regional Airport Nebraska Lincoln Municipal Airport Omaha Eppley Airfield Kearney Regional Airport Nevada Minden-Tahoe Airport Yerington Municipal Airport Reno Stead Airport New Jersey Morristown Municipal Airport New York Albany International Airport Dutchess County Airport Francis S. Gabreski Airport Griffiss Airpark Plattsburgh International Airport Republic Airport Ohio Knox County Airport Butler County Regional Airport Ohio State University Airport Cuyahoga County Airport Akron Fulton International Airport Oklahoma Tulsa International Airport Oregon Independence State Airport

OCR for page 129
Nominated Airport Projects 129 Aurora State Airport Redmond Municipal Airport/Roberts Field Ogilvie Field/Grant Co. Regional Airport Pennsylvania Arnold Palmer Regional Airport Bradford Regional Airport Indiana County Airport Lancaster Regional Airport Pittsburgh International Airport Reading Regional Airport St. Mary's Municipal Airport Texas Sugar Land Regional Airport Collin County Regional Mineral Wells Airport Mount Pleasant Regional Airport Gillespie County Airport Virginia Manassas Regional Airport Washington Snohomish County Airport Chehalis-Centralia Airport Wisconsin Dane County Regional Airport Wittman Regional Airport