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HomeMy WebLinkAboutAgenda 07-10-25*The times listed in the agenda are the anticipated duration of that particular agenda item. The actual discussion may take more or less time than anticipated. If you will need disability-related accommodations in order to participate in this program/event, please contact Michael Tharp, Airport Manager, at 319-356-5045 or at michael-tharp@iowa-city.org. Early requests are strongly encouraged to allow sufficient time to meet your access needs. IOWA CITY AIRPORT COMMISSION MEETING AGENDA AIRPORT TERMINAL BUILDING 1801 S. RIVERSIDE DRIVE IOWA CITY, IOWA THURSDAY, JULY 10, 2025 – 6:00 P.M. 1.Determine Quorum 1 min* 2.Election of Officers 5 min 3.Approval of Minutes from the following meetings:2 min June 12, 2025 4. Public Comment - Items not on the agenda 5 min 5.Items for Discussion / Action: a.Airport Construction Projects:15 min i.FAA grant projects 1.Runway 12/30 Displaced Threshold/Relocation ii.Iowa DOT grant projects 1.T-Hangar Building 2.Wildlife Mitigation Study b.Airport "Operations"45 min i.Budget ii.Management 1.Enforcement of T-hangar Lease (2025-2026) requirement to house an aircraft that is operational or under active construction or repair. 2.Motion to authorize chairperson to sign Hangar 319er, LLC memorandum of ground lease 3.Iowa Open Meeting/Record Law Updates iii.Events 1.Summer of the Arts Movies (July 19, Aug 9) 2.Young Eagles (Aug 16th) 3.Pancake Breakfast (Aug 24) 4.Autocross (Sept 14, Oct 19) c.FBO / Flight Training Reports 10 min i.Jet Air d.Commission Members' Reports 2 min e.Staff Report 2 min i.4 States (FAA Central Region) Conference – Kansas City (August 20-22) ii.Vacation Dates (July 29 – Aug 5) 6.Set next regular meeting for August 14, 2025 7. Adjourn MINUTES DRAFT IOWA CITY AIRPORT COMMISSION JUNE 12, 2025 – 6:00 P.M. AIRPORT TERMINAL BUILDING Members Present: Hellecktra Orozco (Via zoom), Ryan Story, Judy Pfohl, Chris Lawrence Warren Bishop (arrived late) Members Absent: Staff Present: Michael Tharp, Jennifer Schwickerath Others Present: Adam Thompson RECOMMENDATIONS TO COUNCIL: None DETERMINE QUORUM A quorum was determined at 6:06 pm and Lawrence called the meeting to order. APPROVAL OF MINUTES Pfohl stated that she had given Tharp a couple of items to correct. Pfohl moved to approve the minutes as amended by Pfohl, from May 8, 2025, seconded by Story. Motion carried 4-0. (Bishop Absent) PUBLIC COMMENT - None ITEMS FOR DISCUSSION / ACTION a. Airport Construction Projects: i. FAA grant projects - 1. Runway 12/30 Displaced Threshold/Relocation – Tharp stated that there was no news there and they were just working on some close out documents for FAA. ii. Iowa DOT grant projects 1. T-hangar Building a. Iowa DOT Grant Application – Tharp stated that the Governor did sign the funding legislation near the deadline for action. Tharp said they would now be waiting on the state to complete their award recommendation list. Tharp stated that because this project was a revenue generating project the FAA was requiring a statement that airside needs were met for the next three years. This means that the airport would not be eligible for discretionary funding for projects during that time. Tharp stated that the airport would still receive its Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 2 of 38 Airport Commission June 12, 2025 Page 2 of 4 entitlement allocations, and that the upcoming runway maintenance project was secure with entitlement funding. Lawrence asked Tharp for a summary of upcoming projects. Tharp stated that the next project was the apron parking expansion which would require several years of entitlement buildup to help fund and that because of that he believed. 2. Wildlife Mitigation Study – Tharp stated that he met with the USDA team and discussed the project and expectations. Tharp stated they talked about the process and scheduling. Tharp stated that at the end of the project they would be able to use the report to help justify potential mitigation funding. Tharp described some of the questions they had and topics they discussed during the meeting. b. Airport “Operations” i. Budget – Tharp stated that he put the solar comparison sheet into the packet to share the numbers that he’s seeing. Tharp stated that as far as the utility bills they are down 86% when compared to last year. Tharp also stated that they are building up a credit as well. Tharp stated that Sarah Gardner, the City Climate Action Coordinator was putting together a solar education program, and they wanted to use the Airport’s solar array for tours. Tharp stated they were coming up on the end of the fiscal year. He stated they had a couple of bigger hangar expenses recently for cables and things as the summer generates more hangar door issues with repeated usage. ii. Management – Tharp stated that a tent was observed over in the airport grounds across the river that they had cleaned up a couple of years ago. Tharp stated that the police department had been notified and they were I the process of moving the person along. Tharp noted that he hoped they would move voluntarily. Tharp stated that the Braeden and he completed the hangar inspections. Tharp noted that there were some aircraft that he believed would trigger the non-airworthy status clauses in the upcoming leases. Members discussed what the process they could do if that remained the situation. Schwickerath noted that they could also not offer a new lease to the tenants. Members discussed their options and asked to have a discussion item on the agenda for the next meeting. iii. Events – Bishop arrived at 6:16pm. Tharp stated that the next movie night was coming up this weekend. Tharp stated that there was one movie in July but then August would be a busy month. 1. Summer of the Arts Movies (June 21, July 19, Aug 9) 2. Young Eagles (Aug 16th) 3. Pancake Breakfast (Aug 24) 4. Autocross (Sept 14, Oct 19) c. FBO / Flight Training Reports i. Jet Air – Tharp stated that Wolford was on his way back from a sales trip to the Chicago area. Tharp stated that he knew the guys were cleaning up the front and he met with Matt and Lucas, Jet Air’s “airport” guy, and talked about upcoming projects that needed to do like the maintenance list. Tharp also stated that he had planned to have the hangar door painted that Pfohl has commented on previously. Bishop stated that flight training was extremely busy. Lawrence asked about some running lights that might be out to which Tharp responded. Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 3 of 38 Airport Commission June 12, 2025 Page 3 of 4 d. Commission Members' Reports – none e. Staff Report – Tharp stated there were a couple of upcoming vacation periods he’d like to have off. Tharp stated that when he did come back, he’d be out almost right away again on the 24th for the IPAA Board of Director’s meeting. i. 4 States (FAA Central Region) Conference – Kansas City (August 20-22) ii. Vacation Dates (June 16-20; July 29-Aug 6) SET NEXT REGULAR MEETING – Set the next meeting for July 10, 2025. ADJOURN – Story moved to adjourn the meeting at 6:28pm. Seconded by Bishop. Motion carried 5-0 ______________________________________________ ___________________ CHAIRPERSON DATE Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 4 of 38 Airport Commission June 12, 2025 Page 4 of 4 Airport Commission ATTENDANCE RECORD 2024-2025 NAME TERM EXP. Warren Bishop 06/30/26 X X X X X X X X X X X O/E X/E Lawrence 06/30/25 O/E O/E X X O/E X X X O/E X X X X Orozco 06/30/28 X X O/E X O/E X X O/E O/E X O/E X X Key: X = Present X/E = Present for Part of Meeting O = Absent O/E = Absent/Excused NM = Not a member at this time X/S = Present for subcommittee meeting O/S = Absent, not a member of the subcommittee Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 5 of 38 CITY OF IOWA CITY INVOICE LIST BY GL ACCOUNT Report generated: 07/03/2025 10:38 User: mtharp Program ID: apinvgla Page 1 YEAR/PERIOD: 2025/12 TO 2025/12 ACCOUNT/VENDOR INVOICE PO YEAR/PR TYP S WARRANT CHECK DESCRIPTION 76850110 Airport Operations 76850110 435060 Legal Publications 010238 IOWA CITY PRESS CITI 0007081251 0 2025 12 INV P 25.60 060625 313614 APRIL 2025 PRESS CI ACCOUNT TOTAL 25.60 76850110 437010 Comp Liability Insurance 016112 TRUENORTH COMPANIES 167450 0 2025 12 INV P 5,161.00 060625 313681 AIRPORT LIABILITY P ACCOUNT TOTAL 5,161.00 76850110 438030 Electricity 010319 MIDAMERICAN ENERGY 567640488 0 2025 12 INV P 11.21 061325 56813 1801 S RIVERSIDE DR 010319 MIDAMERICAN ENERGY 567672150 0 2025 12 INV P 27.67 061325 56813 1801 S RIVERSIDE DR 010319 MIDAMERICAN ENERGY 567672238 0 2025 12 INV P 220.72 061325 56813 1801 S RIVERSIDE DR 010319 MIDAMERICAN ENERGY 567686072 0 2025 12 INV P 112.52 061325 313841 Electricity - Bldg 010319 MIDAMERICAN ENERGY 567721211 0 2025 12 INV P 10.10 061325 313841 Electricity - Runwa 382.22 ACCOUNT TOTAL 382.22 76850110 438070 Heating Fuel/Gas 010319 MIDAMERICAN ENERGY 567671967 0 2025 12 INV P 36.43 061325 56813 1801 S RIVERSIDE DR 010319 MIDAMERICAN ENERGY 567672150 0 2025 12 INV P 14.54 061325 56813 1801 S RIVERSIDE DR 50.97 ACCOUNT TOTAL 50.97 76850110 438100 Refuse Collection Charges 011001 ABC DISPOSAL SYSTEMS 1068230 0 2025 12 INV P 176.50 061325 56765 Refuse & Recycling 011001 ABC DISPOSAL SYSTEMS 1068231 0 2025 12 INV P 40.00 061325 56765 Refuse & Recycling 216.50 ACCOUNT TOTAL 216.50 76850110 442010 Other Building R&M Services 010358 OVERHEAD DOOR COMPAN 054717 0 2025 12 INV P 174.50 061325 313864 Hangar 60 Guide ben 010358 OVERHEAD DOOR COMPAN 054929 0 2025 12 INV P 257.00 061325 313864 Hangar 60 callout 010358 OVERHEAD DOOR COMPAN 055474 0 2025 12 INV P 257.00 062725 314382 Hangar 26 Door Stuc 688.50 010856 JET AIR INC IOW IVI-25-003680 0 2025 12 INV P 678.00 061325 313809 Maintenance, Janito ACCOUNT TOTAL 1,366.50 76850110 442060 Electrical & Plumbing R&M Srvc 010856 JET AIR INC IOW IVI-25-003705 0 2025 12 INV P 469.91 061325 313809 Maintenance Reimbur Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 6 of 38 CITY OF IOWA CITY INVOICE LIST BY GL ACCOUNT Report generated: 07/03/2025 10:38 User: mtharp Program ID: apinvgla Page 2 YEAR/PERIOD: 2025/12 TO 2025/12 ACCOUNT/VENDOR INVOICE PO YEAR/PR TYP S WARRANT CHECK DESCRIPTION ACCOUNT TOTAL 469.91 76850110 443080 Other Equipment R&M Services 010014 ADVANCED ELECTRICAL 68568 0 2025 12 INV P 850.00 061325 56767 Runway 7 REILS 013552 QT POD 1012-SP2025 0 2025 12 INV P 1,615.25 062725 314393 Annual Cell & Servi 013552 QT POD 1013-SP2025 0 2025 12 INV P 1,615.25 062725 314393 Annual Cell & Servi 3,230.50 016576 MIKE'S METER LLC 963 0 2025 12 INV P 500.00 062725 314367 Self Serve Fuel Pum ACCOUNT TOTAL 4,580.50 76850110 445030 Nursery Srvc-Lawn & Plant Care 010856 JET AIR INC IOW IVI-25-003680 0 2025 12 INV P 6,215.00 061325 313809 Maintenance, Janito ACCOUNT TOTAL 6,215.00 76850110 449060 Dues & Memberships 016906 GREATER IOWA CITY 6976 0 2025 12 INV P 450.00 061325 313785 Annual Membership F ACCOUNT TOTAL 450.00 76850110 449120 Equipment Rental 010062 BLUE MOON SATELLITES 59328 0 2025 12 INV P 210.00 062725 56938 Portable Restrooms 010062 BLUE MOON SATELLITES 59670 0 2025 12 INV P 210.00 062725 56938 Portable Restrooms 420.00 ACCOUNT TOTAL 420.00 76850110 469040 Traffic Cntrl Imprvmt Supplies 010856 JET AIR INC IOW IVI-25-003705 0 2025 12 INV P 16.38 061325 313809 Maintenance Reimbur ACCOUNT TOTAL 16.38 ORG 76850110 TOTAL 19,354.58 FUND 7600 Airport TOTAL: 19,354.58 ** END OF REPORT - Generated by Michael Tharp ** Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 7 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 1 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ACCOUNTS FOR: 7600 Airport ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED 76850110 Airport Operations 76850110 321910 Misc Permits & Licenses 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 331100 Federal Grants 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 362100 120 Contrib & Donations 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 363910 Misc Sale of Merchandise 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 369100 Reimb of Expenses 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 369900 Miscellaneous Other Income 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 381100 Interest on Investments 0.00 0.00 0.00 10,930.97 0.00 -10,930.97 100.0% 76850110 382100 Land Rental -47,000.00 0.00 -47,000.00 -54,918.89 0.00 7,918.89 116.8% 2025/12/060017 06/01/2025 GBI -9,500.00 REF LAND RENT 76850110 382200 Building/Room Rental -320,000.00 0.00 -320,000.00 -313,150.66 0.00 -6,849.34 97.9% 2025/12/060498 06/18/2025 GBI -26,340.13 REF 76850110 382300 Equipment Rental -1,500.00 0.00 -1,500.00 -887.50 0.00 -612.50 59.2% Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 8 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 2 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ACCOUNTS FOR: 7600 Airport ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED 76850110 384100 Telephone Commission 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 384200 Vending Machine Commission 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 384900 Other Commissions -72,000.00 0.00 -72,000.00 -78,186.35 0.00 6,186.35 108.6% 2025/12/060110 06/04/2025 GBI -750.00 REF Fuel Flowage Fee - 7500 gal. 76850110 392100 Sale of Land 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 392300 Sale of Equipment 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 392400 Gain/Loss on Sale 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 393120 General Levy 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 393910 Misc Transfers In 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 411000 Perm Full Time 86,200.00 0.00 86,200.00 84,417.60 0.00 1,782.40 97.9% 2025/12/060469 06/13/2025 PRJ 3,257.60 REF 060725 WARRANT=060725 RUN=1 BIWEEKLY 2025/12/060770 06/27/2025 PRJ 3,257.60 REF 062125 WARRANT=062125 RUN=1 BIWEEKLY 76850110 412000 Perm Part Time 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 413000 Temporary Employees 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 414500 Longevity Pay 0.00 0.00 0.00 650.00 0.00 -650.00 100.0% 76850110 421100 Health Insurance 9,200.00 0.00 9,200.00 8,799.60 0.00 400.40 95.6% 2025/12/060469 06/13/2025 PRJ 366.65 REF 060725 WARRANT=060725 RUN=1 BIWEEKLY 2025/12/060770 06/27/2025 PRJ 366.65 REF 062125 WARRANT=062125 RUN=1 BIWEEKLY Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 9 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 3 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ACCOUNTS FOR: 7600 Airport ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED 76850110 421200 Dental Insurance 400.00 0.00 400.00 402.48 0.00 -2.48 100.6% 2025/12/060469 06/13/2025 PRJ 16.77 REF 060725 WARRANT=060725 RUN=1 BIWEEKLY 2025/12/060770 06/27/2025 PRJ 16.77 REF 062125 WARRANT=062125 RUN=1 BIWEEKLY 76850110 421300 Life Insurance 200.00 0.00 200.00 190.80 0.00 9.20 95.4% 2025/12/060770 06/27/2025 PRJ 15.90 REF 062125 WARRANT=062125 RUN=1 BIWEEKLY 76850110 421350 Group Life - Imputed 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 421400 Disability Insurance 300.00 0.00 300.00 296.52 0.00 3.48 98.8% 2025/12/060770 06/27/2025 PRJ 24.71 REF 062125 WARRANT=062125 RUN=1 BIWEEKLY 76850110 422100 FICA 6,600.00 0.00 6,600.00 6,416.19 0.00 183.81 97.2% 2025/12/060469 06/13/2025 PRJ 245.13 REF 060725 WARRANT=060725 RUN=1 BIWEEKLY 2025/12/060770 06/27/2025 PRJ 245.52 REF 062125 WARRANT=062125 RUN=1 BIWEEKLY 76850110 423100 IPERS 8,100.00 0.00 8,100.00 7,876.69 0.00 223.31 97.2% 2025/12/060469 06/13/2025 PRJ 307.52 REF 060725 WARRANT=060725 RUN=1 BIWEEKLY 2025/12/060770 06/27/2025 PRJ 307.52 REF 062125 WARRANT=062125 RUN=1 BIWEEKLY 76850110 424900 Other Post Employment Benefits 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 431020 Court Costs & Services 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 432020 Annual Audit 900.00 0.00 900.00 562.98 0.00 337.02 62.6% 76850110 432030 Financial Services & Charges 0.00 0.00 0.00 0.00 0.00 0.00 .0% Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 10 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 4 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ACCOUNTS FOR: 7600 Airport ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED 76850110 432050 Appraisal Services 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 432080 Other Professional Services 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 432080 651 Other Professional Services 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 435055 Mail & Delivery 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 435056 Delivery Services 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 435057 Couriers 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 435060 Legal Publications 0.00 0.00 0.00 155.20 0.00 -155.20 100.0% 2025/12/060120 06/02/2025 API 25.60 VND 010238 VCH IOWA CITY PRESS APRIL 2025 PRESS CITIZEN PUBLI 313614 76850110 436030 Transportation 750.00 0.00 750.00 842.75 0.00 -92.75 112.4% 76850110 436030 651 Transportation 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 436050 Registration 500.00 0.00 500.00 525.00 0.00 -25.00 105.0% 76850110 436060 Lodging 500.00 0.00 500.00 630.28 0.00 -130.28 126.1% Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 11 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 5 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ACCOUNTS FOR: 7600 Airport ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED 76850110 436060 651 Lodging 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 436070 Miscellaneous Travel Expense 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 436080 Meals 100.00 0.00 100.00 125.00 0.00 -25.00 125.0% 76850110 437010 Comp Liability Insurance 9,000.00 0.00 9,000.00 11,027.32 0.00 -2,027.32 122.5% 2025/12/060023 06/02/2025 API 5,161.00 VND 016112 VCH TRUENORTH COMPA AIRPORT LIABILITY POLICY 6/26/ 313681 76850110 437010 651 Comp Liability Insurance 0.00 0.00 0.00 0.00 0.00 0.00 .0% 2025/12/060023 06/02/2025 API 5,161.00 VND 016112 VCH TRUENORTH COMPA AIRPORT LIABILITY POLICY 6/26/ 313681 76850110 437020 Fire & Casualty Insurance 24,400.00 0.00 24,400.00 25,104.00 0.00 -704.00 102.9% 76850110 437030 Worker's Comp Insurance 2,100.00 0.00 2,100.00 1,000.00 0.00 1,100.00 47.6% 76850110 437041 Bonding & Other Insurance 4,000.00 0.00 4,000.00 2,328.00 0.00 1,672.00 58.2% 76850110 437200 Loss Reserve Payment 3,000.00 0.00 3,000.00 4,000.00 0.00 -1,000.00 133.3% 76850110 438010 Stormwater Utility Charges 19,800.00 0.00 19,800.00 18,944.64 0.00 855.36 95.7% 2025/12/060522 06/18/2025 CRP 1,578.72 REF C -250618 2025 UB UB 76850110 438030 Electricity 10,000.00 0.00 10,000.00 10,618.77 0.00 -618.77 106.2% 2025/12/060201 06/06/2025 API 27.67 VND 010319 VCH MIDAMERICAN ENE 1801 S RIVERSIDE DR 56813 2025/12/060201 06/06/2025 API 220.72 VND 010319 VCH MIDAMERICAN ENE 1801 S RIVERSIDE DR, 56813 2025/12/060201 06/06/2025 API 11.21 VND 010319 VCH MIDAMERICAN ENE 1801 S RIVERSIDE DR, 56813 2025/12/060267 06/10/2025 API 10.10 VND 010319 VCH MIDAMERICAN ENE Electricity - Runway Lights 313841 2025/12/060267 06/10/2025 API 112.52 VND 010319 VCH MIDAMERICAN ENE Electricity - Bldg D, North T' 313841 Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 12 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 6 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ACCOUNTS FOR: 7600 Airport ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED 76850110 438050 Landfill Use 200.00 0.00 200.00 0.00 0.00 200.00 .0% 76850110 438070 Heating Fuel/Gas 5,000.00 0.00 5,000.00 2,969.06 0.00 2,030.94 59.4% 2025/12/060201 06/06/2025 API 14.54 VND 010319 VCH MIDAMERICAN ENE 1801 S RIVERSIDE DR 56813 2025/12/060201 06/06/2025 API 36.43 VND 010319 VCH MIDAMERICAN ENE 1801 S RIVERSIDE DR, 56813 76850110 438080 Sewer Utility Charge 1,800.00 0.00 1,800.00 2,221.99 0.00 -421.99 123.4% 2025/12/060522 06/18/2025 CRP 157.85 REF C -250618 2025 UB UB 76850110 438090 Water Utility Charge 4,300.00 0.00 4,300.00 2,450.07 0.00 1,849.93 57.0% 2025/12/060522 06/18/2025 CRP 178.72 REF C -250618 2025 UB UB 76850110 438100 Refuse Collection Charges 2,800.00 0.00 2,800.00 2,421.50 0.00 378.50 86.5% 2025/12/060152 06/04/2025 API 40.00 VND 011001 VCH ABC DISPOSAL SY Refuse & Recycling Pickup & Di 56765 2025/12/060152 06/04/2025 API 176.50 VND 011001 VCH ABC DISPOSAL SY Refuse & Recycling Pickup & Di 56765 76850110 438100 651 Refuse Collection Charges 0.00 0.00 0.00 0.00 0.00 0.00 .0% 2025/12/060152 06/04/2025 API 40.00 VND 011001 VCH ABC DISPOSAL SY Refuse & Recycling Pickup & Di 56765 2025/12/060152 06/04/2025 API 176.50 VND 011001 VCH ABC DISPOSAL SY Refuse & Recycling Pickup & Di 56765 76850110 438110 Local Phone Service 200.00 0.00 200.00 0.00 0.00 200.00 .0% 76850110 438120 Long Distance Service 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 442010 Other Building R&M Services 13,600.00 0.00 13,600.00 19,686.62 0.00 -6,086.62 144.8% 2025/12/060267 06/10/2025 API 678.00 VND 010856 VCH JET AIR INC IOW Maintenance, Janitorial, Groun 313809 2025/12/060267 06/10/2025 API 174.50 VND 010358 VCH OVERHEAD DOOR C Hangar 60 Guide bent 313864 2025/12/060267 06/10/2025 API 257.00 VND 010358 VCH OVERHEAD DOOR C Hangar 60 callout 313864 2025/12/060664 06/23/2025 API 257.00 VND 010358 VCH OVERHEAD DOOR C Hangar 26 Door Stuck Open 314382 Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 13 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 7 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ACCOUNTS FOR: 7600 Airport ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED 76850110 442020 Structure R&M Services 800.00 0.00 800.00 987.35 0.00 -187.35 123.4% 76850110 442030 Heating & Cooling R&M Services 2,000.00 0.00 2,000.00 3,918.00 0.00 -1,918.00 195.9% 76850110 442040 Cooling Equipment R&M Services 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 442060 Electrical & Plumbing R&M Srvc 5,000.00 0.00 5,000.00 4,184.02 0.00 815.98 83.7% 2025/12/060267 06/10/2025 API 469.91 VND 010856 VCH JET AIR INC IOW Maintenance Reimbursement 313809 76850110 442070 Bldg Pest Control Services 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 443050 Radio Equipment R&M Services 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 443080 Other Equipment R&M Services 10,000.00 0.00 10,000.00 22,637.27 0.00 -12,637.27 226.4% 2025/12/060267 06/10/2025 API 850.00 VND 010014 VCH ADVANCED ELECTR Runway 7 REILS 56767 2025/12/060664 06/23/2025 API 500.00 VND 016576 VCH MIKE'S METER LL Self Serve Fuel Pump Certifica 314367 2025/12/060664 06/23/2025 API 1,615.25 VND 013552 VCH QT POD Annual Cell & Service Plan 314393 2025/12/060664 06/23/2025 API 1,615.25 VND 013552 VCH QT POD Annual Cell & Service Plan 314393 76850110 444060 Cable & Electrical R&M Srvcs 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 444080 Software R&M Services 0.00 0.00 0.00 161.15 0.00 -161.15 100.0% 76850110 445030 Nursery Srvc-Lawn & Plant Care 50,000.00 0.00 50,000.00 50,851.09 0.00 -851.09 101.7% 2025/12/060267 06/10/2025 API 6,215.00 VND 010856 VCH JET AIR INC IOW Maintenance, Janitorial, Groun 313809 Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 14 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 8 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ACCOUNTS FOR: 7600 Airport ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED 76850110 445080 Snow and Ice Removal 26,700.00 0.00 26,700.00 24,860.00 0.00 1,840.00 93.1% 76850110 445100 Towing 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 445110 Testing Services 1,500.00 0.00 1,500.00 5,603.50 0.00 -4,103.50 373.6% 76850110 445140 Outside Printing 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 445140 651 Outside Printing 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 445230 Other Operating Services 1,000.00 0.00 1,000.00 1,741.02 0.00 -741.02 174.1% 76850110 446010 Administrative Services 0.00 0.00 0.00 8.60 0.00 -8.60 100.0% 76850110 446100 City Attorney Chargeback 8,100.00 0.00 8,100.00 8,100.00 0.00 0.00 100.0% 2025/12/060002 06/30/2025 GEN 675.00 REF REJE#2 Airport to Attorney 76850110 446120 ITS-Server/Storage Chgbk 300.00 0.00 300.00 456.23 0.00 -156.23 152.1% 2025/12/060926 06/30/2025 GNI 39.33 REF RD Storage of files AIR 76850110 446130 ITS-PC/Peripheral/Tablet S/R 15,900.00 0.00 15,900.00 12,348.72 0.00 3,551.28 77.7% 2025/12/060942 06/30/2025 GNI 951.11 REF RD JUN ITS Repl Chgbk 76850110 446140 ITS-Capital Replacement Chgbk 0.00 0.00 0.00 388.16 0.00 -388.16 100.0% 2025/12/060942 06/30/2025 GNI 194.08 REF RD JUN ITS Repl Chgbk Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 15 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 9 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ACCOUNTS FOR: 7600 Airport ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED 76850110 446150 ITS-Application Dvlp Fee Chgbk 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 446160 ITS-Infrastucture Fee 9,000.00 0.00 9,000.00 9,000.00 0.00 0.00 100.0% 76850110 446190 ITS-Software SAAS Chgbk 200.00 0.00 200.00 234.60 0.00 -34.60 117.3% 2025/12/060928 06/30/2025 GNI 19.55 REF RD Office software 76850110 446200 Photocopying Chargeback 600.00 0.00 600.00 600.00 0.00 0.00 100.0% 2025/12/060003 06/30/2025 GEN 50.00 REF CopChb Copier Chargebacks 76850110 446220 Phone Service Chargeback 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 446300 Phone Equipment/Line Chgbk 1,500.00 0.00 1,500.00 1,439.35 0.00 60.65 96.0% 2025/12/060940 06/30/2025 GNI 117.50 REF RD CH JUN PHONE ASSET CHARGE 2025/12/060941 06/30/2025 GNI 3.00 REF RD CH JUN LONG DISTANCE CHARGES 76850110 446320 Mail Chargeback 200.00 0.00 200.00 215.43 0.00 -15.43 107.7% 76850110 446350 City Vehicle Replacement Chgbk 37,700.00 3,700.00 41,400.00 36,471.27 0.00 4,928.73 88.1% 76850110 446360 City Vehicle Rental Chargeback 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 446370 Fuel Chargeback 4,700.00 0.00 4,700.00 2,779.10 0.00 1,920.90 59.1% Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 16 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 10 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ACCOUNTS FOR: 7600 Airport ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED 76850110 446380 Vehicle R&M Chargeback 15,800.00 0.00 15,800.00 11,754.88 0.00 4,045.12 74.4% 76850110 448040 City Sponsored Event 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 449055 Permitting Fees 400.00 0.00 400.00 443.16 0.00 -43.16 110.8% 76850110 449060 Dues & Memberships 1,000.00 0.00 1,000.00 1,375.00 0.00 -375.00 137.5% 2025/12/060267 06/10/2025 API 450.00 VND 016906 VCH GREATER IOWA CI Annual Membership FY26 313785 76850110 449100 651 Vehicle Rental 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 449120 Equipment Rental 0.00 0.00 0.00 620.00 0.00 -620.00 100.0% 2025/12/060664 06/23/2025 API 210.00 VND 010062 VCH BLUE MOON SATEL Portable Restrooms - SOTA Movi 56938 2025/12/060664 06/23/2025 API 210.00 VND 010062 VCH BLUE MOON SATEL Portable Restrooms - SOTA Movi 56938 76850110 449120 651 Equipment Rental 0.00 0.00 0.00 0.00 0.00 0.00 .0% 2025/12/060664 06/23/2025 API 210.00 VND 010062 VCH BLUE MOON SATEL Portable Restrooms - SOTA Movi 56938 2025/12/060664 06/23/2025 API 210.00 VND 010062 VCH BLUE MOON SATEL Portable Restrooms - SOTA Movi 56938 76850110 449280 Misc Services & Charges 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 449350 Meals (non-travel) 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 449360 Interest Expense 0.00 0.00 0.00 0.00 0.00 0.00 .0% Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 17 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 11 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ACCOUNTS FOR: 7600 Airport ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED 76850110 449370 Depreciation Expense 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 452010 Office Supplies 100.00 0.00 100.00 58.00 0.00 42.00 58.0% 76850110 452030 Minor Office Equip/Furniture 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 452040 Sanitation & Indust Supplies 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 454020 Subscriptions 1,000.00 0.00 1,000.00 457.60 0.00 542.40 45.8% 76850110 455110 Software 400.00 0.00 400.00 305.90 0.00 94.10 76.5% 76850110 455120 Misc Computer Hardware 0.00 0.00 0.00 169.65 0.00 -169.65 100.0% 76850110 461040 Other Agriculture Chemicals 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 461050 Other Agriculture Materials 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 465010 651 Other Fluids & Gases 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 466040 Plumbing Supplies 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 466050 Electrical Supplies 0.00 0.00 0.00 0.00 0.00 0.00 .0% Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 18 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 12 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ACCOUNTS FOR: 7600 Airport ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED 76850110 466070 Other Maintenance Supplies 700.00 0.00 700.00 375.78 0.00 324.22 53.7% 76850110 466070 652 Other Maintenance Supplies 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 467020 Equipment R&M Supplies 1,000.00 0.00 1,000.00 445.92 0.00 554.08 44.6% 76850110 467160 Other Vehicle R&M Supplies 100.00 0.00 100.00 0.00 0.00 100.00 .0% 76850110 468030 Asphalt 100.00 0.00 100.00 0.00 0.00 100.00 .0% 76850110 468050 Sand 100.00 0.00 100.00 83.82 0.00 16.18 83.8% 76850110 469040 Traffic Cntrl Imprvmt Supplies 400.00 0.00 400.00 16.38 0.00 383.62 4.1% 2025/12/060267 06/10/2025 API 16.38 VND 010856 VCH JET AIR INC IOW Maintenance Reimbursement 313809 76850110 469190 Minor Equipment 500.00 0.00 500.00 0.00 0.00 500.00 .0% 76850110 469200 Tools 500.00 0.00 500.00 141.44 0.00 358.56 28.3% 76850110 469210 First Aid/Safety Supplies 300.00 0.00 300.00 1,080.21 0.00 -780.21 360.1% 76850110 469260 Fire Ext & Refills 0.00 0.00 0.00 0.00 0.00 0.00 .0% Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 19 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 13 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ACCOUNTS FOR: 7600 Airport ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED 76850110 469290 Purchases For Resale 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 469290 652 Purchases For Resale 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 469320 Miscellaneous Supplies 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 469320 651 Miscellaneous Supplies 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 469360 Food and Beverages 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 469999 PCard Reconciliation 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 473010 Contracted Improvements 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 473020 Non-Contracted Improvements 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 474240 Tractors 25,000.00 -25,000.00 0.00 0.00 0.00 0.00 .0% 76850110 475010 Furniture & Office Equipment 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 476070 PC Hardware 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 490040 Capital Project Funding 0.00 0.00 0.00 0.00 0.00 0.00 .0% Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 20 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 14 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ACCOUNTS FOR: 7600 Airport ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED 76850110 490150 Operating Subsidy 0.00 0.00 0.00 0.00 0.00 0.00 .0% 76850110 490190 Interfund Loan 0.00 0.00 0.00 0.00 0.00 0.00 .0% TOTAL Airport Operations -3,950.00 -21,300.00 -25,250.00 -17,236.77 0.00 -8,013.23 68.3% TOTAL Airport -3,950.00 -21,300.00 -25,250.00 -17,236.77 0.00 -8,013.23 68.3% TOTAL REVENUES -440,500.00 0.00 -440,500.00 -436,212.43 0.00 -4,287.57 TOTAL EXPENSES 436,550.00 -21,300.00 415,250.00 418,975.66 0.00 -3,725.66 PRIOR FUND BALANCE 11,585.76 CHANGE IN FUND BALANCE - NET OF REVENUES/EXPENSES 17,236.77 REVISED FUND BALANCE 28,822.53 Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 21 of 38 CITY OF IOWA CITY YEAR-TO-DATE BUDGET REPORT Report generated: 07/03/2025 10:34 User: mtharp Program ID: glytdbud Page 15 FY2025 BUDGET - JUNE DETAIL FOR 2025 12 JOURNAL DETAIL 2025 12 TO 2025 12 ORIGINAL APPROP TRANS/ADJSMTS REVISED BUDGET YTD ACTUAL ENCUMBRANCES AVAILABLE BUDGET % USED GRAND TOTAL -3,950.00 -21,300.00 -25,250.00 -17,236.77 0.00 -8,013.23 68.3% ** END OF REPORT - Generated by Michael Tharp ** Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 22 of 38 CITY OF IOWA CITY NEXT YEAR / CURRENT YEAR BUDGET ANALYSIS Report generated: 07/03/2025 10:44 User: mtharp Program ID: bgnyrpts Page 1 PROJECTION: 26100 FY26 Operating Budget FOR PERIOD 99 ACCOUNTS FOR: 2024 2025 2025 2025 2025 2026 PCT Airport ACTUAL ORIG BUD REVISED BUD ACTUAL PROJECTION ADOPTED CHANGE 850110 Airport Operations 76850110 331100 Fed Grants .00 .00 .00 .00 .00 .00 .0% 76850110 362100 120 Contr&Dona -36,325.00 .00 .00 .00 .00 .00 .0% 76850110 363910 Misc Merch .00 .00 .00 .00 .00 .00 .0% 76850110 369100 Reimb Exp -1,400.00 .00 .00 .00 .00 .00 .0% 76850110 381100 Int Invest 4,286.61 .00 .00 10,930.97 .00 .00 .0% 76850110 382100 Land Rent -47,609.28 -47,000.00 -47,000.00 -54,918.89 -47,600.00 -55,000.00 17.0% 76850110 382200 BdngRmRent -306,203.93 -320,000.00 -320,000.00 -313,150.66 -306,200.00 -325,000.00 1.6% 76850110 382300 Equip Rent -1,305.00 -1,500.00 -1,500.00 -887.50 -1,300.00 -1,300.00 -13.3% 76850110 384900 Oth Comm -61,483.60 -72,000.00 -72,000.00 -78,186.35 -61,500.00 -75,000.00 4.2% 76850110 393910 MiscXferIn -2,315.55 .00 .00 .00 .00 .00 .0% 76850110 411000 Perm FT 84,225.97 86,200.00 86,200.00 84,417.60 92,600.00 92,600.00 7.4% 76850110 413000 Temp Empl .00 .00 .00 .00 1,000.00 .00 .0% 76850110 414500 Longevity 650.00 .00 .00 650.00 650.00 .00 .0% 76850110 421100 Health Ins 8,478.48 9,200.00 9,200.00 8,799.60 9,700.00 9,700.00 5.4% 76850110 421200 Dental Ins 401.52 400.00 400.00 402.48 400.00 400.00 .0% 76850110 421300 Life Ins 180.26 200.00 200.00 190.80 200.00 200.00 .0% 76850110 421400 DisbltyIns 290.48 300.00 300.00 296.52 300.00 300.00 .0% 76850110 422100 FICA 6,408.93 6,600.00 6,600.00 6,416.19 7,000.00 7,000.00 6.1% 76850110 423100 IPERS 7,665.66 8,100.00 8,100.00 7,876.69 8,700.00 8,700.00 7.4% 76850110 431020 CourtCosts 296.37 .00 .00 .00 .00 .00 .0% 76850110 432020 Audit 490.50 900.00 900.00 562.98 900.00 900.00 .0% Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 23 of 38 CITY OF IOWA CITY NEXT YEAR / CURRENT YEAR BUDGET ANALYSIS Report generated: 07/03/2025 10:44 User: mtharp Program ID: bgnyrpts Page 2 PROJECTION: 26100 FY26 Operating Budget FOR PERIOD 99 ACCOUNTS FOR: 2024 2025 2025 2025 2025 2026 PCT Airport ACTUAL ORIG BUD REVISED BUD ACTUAL PROJECTION ADOPTED CHANGE 76850110 432030 Finan Srvc .00 .00 .00 .00 .00 .00 .0% 76850110 432080 OthProSrvc 4,546.00 .00 .00 .00 .00 .00 .0% 76850110 435055 Mail&Deliv .00 .00 .00 .00 .00 .00 .0% 76850110 435060 Legal Pubs 26.20 .00 .00 155.20 .00 .00 .0% 76850110 436030 Transportn 568.66 750.00 750.00 842.75 800.00 600.00 -20.0% 76850110 436050 Registratn 925.00 500.00 500.00 525.00 500.00 1,000.00 100.0% 76850110 436060 Lodging 531.94 500.00 500.00 630.28 500.00 500.00 .0% 76850110 436080 Meals 65.00 100.00 100.00 125.00 100.00 100.00 .0% 76850110 437010 CompLiabty 16,246.04 9,000.00 9,000.00 11,027.32 9,000.00 9,000.00 .0% 76850110 437020 Fir&CasIns 21,419.00 24,400.00 24,400.00 25,104.00 24,400.00 28,000.00 14.8% 76850110 437030 WrkCompIns 2,000.00 2,100.00 2,100.00 1,000.00 2,100.00 2,100.00 .0% 76850110 437041 Bnd&OthIns .00 4,000.00 4,000.00 2,328.00 4,000.00 900.00 -77.5% 76850110 437200 LossRsvPay 3,000.00 3,000.00 3,000.00 4,000.00 3,000.00 4,000.00 33.3% 76850110 438010 Stormwater 18,944.64 19,800.00 19,800.00 18,944.64 19,800.00 19,800.00 .0% 76850110 438030 Electricty 20,212.10 10,000.00 10,000.00 10,618.77 10,000.00 10,000.00 .0% 76850110 438050 Landfill 343.40 200.00 200.00 .00 200.00 200.00 .0% 76850110 438070 HeatngFuel 2,569.76 5,000.00 5,000.00 2,969.06 5,000.00 5,000.00 .0% 76850110 438080 Sewer 2,868.08 1,800.00 1,800.00 2,221.99 1,800.00 1,800.00 .0% 76850110 438090 Water 2,943.42 4,300.00 4,300.00 2,450.07 4,300.00 2,800.00 -34.9% 76850110 438100 Refuse 2,774.50 2,800.00 2,800.00 2,421.50 2,800.00 2,800.00 .0% 76850110 438110 Loc Phone .00 200.00 200.00 .00 200.00 200.00 .0% 76850110 442010 OthBldgR&M 24,521.24 13,600.00 13,600.00 19,795.34 13,600.00 15,000.00 10.3% Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 24 of 38 CITY OF IOWA CITY NEXT YEAR / CURRENT YEAR BUDGET ANALYSIS Report generated: 07/03/2025 10:44 User: mtharp Program ID: bgnyrpts Page 3 PROJECTION: 26100 FY26 Operating Budget FOR PERIOD 99 ACCOUNTS FOR: 2024 2025 2025 2025 2025 2026 PCT Airport ACTUAL ORIG BUD REVISED BUD ACTUAL PROJECTION ADOPTED CHANGE 76850110 442020 Struct R&M 7,957.05 800.00 800.00 987.35 800.00 1,500.00 87.5% 76850110 442030 HeatingR&M 12,733.87 2,000.00 2,000.00 3,918.00 2,000.00 5,000.00 150.0% 76850110 442060 ElecPlmR&M 10,908.60 5,000.00 5,000.00 4,184.02 5,000.00 5,000.00 .0% 76850110 443080 Oth Eq R&M 13,893.99 10,000.00 10,000.00 22,637.27 10,000.00 10,000.00 .0% 76850110 445030 Nursery 57,839.15 50,000.00 50,000.00 50,851.09 50,000.00 50,000.00 .0% 76850110 445080 SnowIceRem 25,692.62 26,700.00 26,700.00 24,860.00 26,700.00 26,700.00 .0% 76850110 445110 Testing 1,323.00 1,500.00 1,500.00 5,603.50 1,500.00 1,500.00 .0% 76850110 445230 OthOptgSvc 578.02 1,000.00 1,000.00 1,741.02 1,000.00 1,000.00 .0% 76850110 446100 Atty Chgbk 7,970.00 8,100.00 8,100.00 8,100.00 8,200.00 8,200.00 1.2% 76850110 446120 ITS SrvChg 376.95 300.00 300.00 456.23 400.00 400.00 33.3% 76850110 446130 ITS PC Chg 14,868.00 15,900.00 15,900.00 12,348.72 15,200.00 15,200.00 -4.4% 76850110 446160 ITSNetwChg 8,958.00 9,000.00 9,000.00 9,000.00 9,900.00 9,900.00 10.0% 76850110 446190 ITSSAASChg 234.60 200.00 200.00 234.60 300.00 300.00 50.0% 76850110 446200 Copy Chgbk 1,200.00 600.00 600.00 600.00 1,400.00 1,400.00 133.3% 76850110 446300 PhoneEqChg 1,430.80 1,500.00 1,500.00 1,439.35 1,600.00 1,600.00 6.7% 76850110 446320 Mail Chgbk 153.42 200.00 200.00 215.43 200.00 200.00 .0% 76850110 446350 VehReplChg 40,751.89 37,700.00 41,400.00 36,471.27 42,000.00 42,000.00 1.4% 76850110 446370 Fuel Chgbk 4,702.52 4,700.00 4,700.00 2,779.10 4,900.00 4,900.00 4.3% 76850110 446380 VehR&MChg 10,278.41 15,800.00 15,800.00 11,754.88 10,700.00 10,700.00 -32.3% 76850110 449055 PermitFees 968.16 400.00 400.00 443.16 400.00 400.00 .0% 76850110 449060 Dues&Memb 1,317.00 1,000.00 1,000.00 1,375.00 1,000.00 1,000.00 .0% 76850110 449120 Equip Rent 200.00 .00 .00 620.00 .00 .00 .0% Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 25 of 38 CITY OF IOWA CITY NEXT YEAR / CURRENT YEAR BUDGET ANALYSIS Report generated: 07/03/2025 10:44 User: mtharp Program ID: bgnyrpts Page 4 PROJECTION: 26100 FY26 Operating Budget FOR PERIOD 99 ACCOUNTS FOR: 2024 2025 2025 2025 2025 2026 PCT Airport ACTUAL ORIG BUD REVISED BUD ACTUAL PROJECTION ADOPTED CHANGE 76850110 452010 Off Supply 41.26 100.00 100.00 58.00 100.00 100.00 .0% 76850110 454020 Subscript 952.60 1,000.00 1,000.00 457.60 1,000.00 1,000.00 .0% 76850110 455110 Software 122.72 400.00 400.00 327.89 400.00 400.00 .0% 76850110 455120 MiscHrdwr 2,588.48 .00 .00 169.65 1,000.00 .00 .0% 76850110 461050 OthAg Mat .00 .00 .00 .00 .00 .00 .0% 76850110 466070 Oth Maint 298.70 700.00 700.00 375.78 700.00 500.00 -28.6% 76850110 467020 Equip R&M 50.93 1,000.00 1,000.00 445.92 1,000.00 1,000.00 .0% 76850110 467160 OthVehR&M .00 100.00 100.00 .00 100.00 100.00 .0% 76850110 468030 Asphalt 141.04 100.00 100.00 .00 100.00 200.00 100.0% 76850110 468050 Sand 30.13 100.00 100.00 83.82 100.00 100.00 .0% 76850110 469040 TrafficCnt .00 400.00 400.00 16.38 400.00 .00 -100.0% 76850110 469190 MinorEquip 761.18 500.00 500.00 .00 500.00 500.00 .0% 76850110 469200 Tools 53.39 500.00 500.00 141.44 500.00 500.00 .0% 76850110 469210 First Aid 1,296.52 300.00 300.00 1,080.21 300.00 1,200.00 300.0% 76850110 469320 MiscSuppl .00 .00 .00 .00 .00 .00 .0% 76850110 469360 Food&Bever 83.86 .00 .00 .00 .00 .00 .0% 76850110 473010 Cont Impr .00 .00 .00 .00 .00 .00 .0% 76850110 473010 120 Cont Impr 25,600.00 .00 .00 .00 .00 .00 .0% 76850110 474240 Tractors .00 25,000.00 .00 .00 .00 .00 .0% 76850110 475010 Furn&OffEq .00 .00 .00 .00 .00 .00 .0% 76850110 490040 CIPFunding .00 .00 .00 .00 .00 .00 .0% TOTAL Airport Operations 37,594.26 -3,950.00 -25,250.00 -17,663.97 6,350.00 -30,200.00 19.6% TOTAL Airport 37,594.26 -3,950.00 -25,250.00 -17,663.97 6,350.00 -30,200.00 19.6% TOTAL REVENUE -452,355.75 -440,500.00 -440,500.00 -436,212.43 -416,600.00 -456,300.00 3.6% TOTAL EXPENSE 489,950.01 436,550.00 415,250.00 418,548.46 422,950.00 426,100.00 2.6% GRAND TOTAL 37,594.26 -3,950.00 -25,250.00 -17,663.97 6,350.00 -30,200.00 19.6% Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 26 of 38 CITY OF IOWA CITY NEXT YEAR / CURRENT YEAR BUDGET ANALYSIS Report generated: 07/03/2025 10:44 User: mtharp Program ID: bgnyrpts Page 5 PROJECTION: 26100 FY26 Operating Budget FOR PERIOD 99 ACCOUNTS FOR: 2024 2025 2025 2025 2025 2026 PCT Airport ACTUAL ORIG BUD REVISED BUD ACTUAL PROJECTION ADOPTED CHANGE ** END OF REPORT - Generated by Michael Tharp ** Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 27 of 38 T-HANGAR LEASE (2025-2026) This T-HANGAR LEASE ("Lease") entered into by and between the Iowa City Airport Commission ("Commission") and _ _____ __("Tenant") in Iowa City, Iowa. In consideration of the mutual covenants contained herein, and for other good and valuable consideration, the parties hereby agree as follows: 1. Lease of the Hangar Space. The Commission hereby leases to Tenant hangar space in Hangar #__________ (the "Hangar Space") located at the Iowa City Municipal Airport (the "Airport") and described as follows: T-hangar with a bifold door. The Hangar Space shall be used and occupied by Tenant to house the following aircraft, which is either operational or under active construction or repair: Aircraft Make & Model ________________________ ______________________________________________________________________ Aircraft Registration Number_______________________________________________ Aircraft Registered Owner Name____________________________________________ Registered Owner Home and Business Telephone Numbers______________________ Email address of Tenant___________________________________________________ Additional Aircraft Partners _______________________________________________ If the aircraft listed above is not operational, provide the estimated date that the aircraft will be operational ________________________________________________________ Tenant shall store an aircraft within 90 days of signing the lease. Tenant shall promptly notify the Airport Manager in writing of any change in the information furnished above. Tenant may request permission to store a substitute aircraft in the Hangar Space by making a written request to the Airport Manager. In the event Tenant is permitted to store a substitute aircraft in the Hangar Space, all provisions of this Lease applicable to the aircraft listed above shall also be applicable to the substitute aircraft. Tenant shall immediately notify the Airport Manager upon sale of the aircraft listed above. Tenant shall have 90 days from the sale date to replace the aircraft; after which the Airport Manager may terminate the lease. 2. Term. The term of this Lease shall commence on October 1, 2025, and shall end on the last day of the month of September 2026. Provided Tenant is in compliance with all terms and conditions of this Lease, the Commission acknowledges that Tenant will likely be offered another one-year lease at the expiration of the term of this Lease, and Tenant acknowledges that rent will likely be increased under the subsequent one-year lease. If Tenant does not intend to execute another lease following the expiration of the term of this Lease, Tenant agrees to notify the Commission 45-days prior to the expiration of the existing term in order to facilitate the Commission in locating another tenant. In the event Tenant shall continue to occupy the Hangar Space beyond the term of this Lease without executing a Lease for another 12- month term, such holding over shall not constitute a renewal of this Lease but shall be a month-to-month tenancy only. Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 28 of 38 3. Rent. For use of the Hangar Space, Tenant shall pay the Commission the amount of $____________ per month, payable in advance on the first day of each month. A 1.5% late fee (which is $_______ per day) for rent not received by the Commission will be charged after the fifteenth (15th) day of each month. Home Built Fee. Tenant acknowledges the following: If the Tenant uses the Hangar Space to construct an "amateur built/home built" aircraft, Tenant shall pay a "construction fee" of $10.00 every month for electricity until the FAA issues an Airworthiness Certificate. The fee is due regardless of the number of days that the Hangar Space is used for said purpose in that particular month. Tenant shall make payment to the Commission by the last day of the succeeding calendar month. "Amateur built/home built" aircraft is defined as aircraft built by individuals for their own education and recreation and licensed by the Federal Aviation Administration (FAA) as “Experimental” (The parties acknowledge that this definition is adopted from the EAA website www.eaa.org.) 4. Security Deposit. At the time of execution of this Lease, Tenant shall pay to the Commission in trust the sum of one month's rent to be held as a rental deposit. At the termination of the Lease, the Commission shall return the deposit to the Tenant less any amounts due to repair damage, conduct cleanup or owed to the Commission. If the Tenant renews the lease each year, the deposit will be held over for the next year. 5. Use of the Hangar Space. a. The Hangar Space shall be used primarily to house operational aircraft or aircraft under active construction or repair consistent with the Federal Aviation Regulations (“FARs”) and the Minimum Standards. Storage of other non-aviation items will be considered incidental provided they do not interfere with the entrance, removal, or storage of aircraft or related aviation items; or violate other terms of this lease. Operational Aircraft. Operational aircraft shall be defined to mean all aircraft currently registered, airworthy, and in flyable condition, which are flown to and from the Iowa City Municipal Airport periodically during the year and have a current FAA airworthy certificate, registration, and annual inspection. b. Tenant may park their car in the Hangar Space during such time that Tenant is using the Aircraft. c. No commercial activity of any kind shall be conducted by Tenant in, from or around the Hangar Space, without prior written approval of the Airport Commission as specified in paragraph 25. d. Tenant may perform maintenance, including painting, on aircraft described in Paragraph 1 in accordance with FARs. Tenant shall not perform maintenance, including painting, in any other hangar or anywhere on the airport. Tenant shall take steps to ensure maintenance work will not damage the Hangar Space, the airport or adjacent hangar space where the work is performed and will not emit offensive odors. e. Tenant shall be responsible and liable for the conduct of its employees and invitees, and of those doing business with them, in and around the Hangar Space. Tenant shall keep the Hangar Space clean and free of debris at all times. Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 29 of 38 f. In utilizing the Hangar Space during the term of this Lease, Tenant shall comply with all applicable ordinances, rules, and regulations established by any federal, state or local government agency. g. Tenant shall dispose of used oil only in approved receptacles. Tenants may dispose of batteries only in approved methods (trash and dumpsters are not approved methods). h. At no time shall Tenant start or run their Aircraft engine(s) within the Hangar or Hangar Space. i. immediately surrender possession of the Hangar Space and shall remove, at Tenant’s sole expense, the Aircraft and all other property therefrom, leaving the Hangar Space in the same condition as when received, ordinary wear and tear excepted. j. Tenant shall be liable for any and all damage to the Hangar or to the Hangar Space caused by Tenant's use, including, but not limited to, bent or broken interior walls, damage due to fuel spillage, or damage to doors due to Tenant's improper or negligent operation. 6. Smokefree Air Act Smoking is prohibited throughout the Iowa City Municipal Airport, including the Hangar Space. 7. Rights and Obligations of Tenant. a. Tenant shall have at all times the right of ingress to and egress from the Hangar Space, except as provided in Paragraph 13. To ensure this right, the Commission shall make all reasonable efforts to keep adjacent areas to the Hangar Space free and clear of all hazards and obstructions, natural or manmade. b. Tenant shall be responsible to maintain the interior of the Hangar Space to include janitorial services, maintaining all interior lights, cleaning of stoppages in plumbing fixtures and drain lines, cleaning of snow within two (2) feet of the apron adjoining the Hangar Space, disposing of any debris or waste materials, and maintaining any Tenant constructed structures and equipment. The Commission shall be the sole judge of the due maintenance undertaken by the Tenant, and may upon written notice, require specific maintenance work to be completed. If such maintenance is not completed within a reasonable time period, the Commission shall have the right to perform such due maintenance, and Tenant shall reimburse the Commission for the cost of such maintenance upon presentation of a billing. c. Tenant shall provide and maintain hand fire extinguisher for the interior of the Hangar Space of the building in accordance with applicable safety codes. Fire Extinguishers shall be at minimum, rated 2A, 10B:C as further defined by the NFPA 10: Standard for Portable Fire Extinguishers d. Tenant shall not store any materials outside the Hangar Space. e. Tenant shall promptly notify the Commission, in writing, of any repairs needed on the Hangar or to the Hangar Space. 8. Rights and Obligations of the Commission. Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 30 of 38 a. The Commission shall at all times operate and maintain the Airport as a public airport consistent with and pursuant to the Sponsor’s Assurances given by Authority to the United States Government under the Federal Airport Act. b. The Commission shall not unreasonably interfere with the Tenant's use and enjoyment of the Hangar Space. c. The Commission shall maintain and keep the Hangar and Hangar Space in good repair except for the maintenance obligations of Tenant set forth in this Lease. In no event, however, shall the Commission be required to maintain or repair damage caused by the negligent or willful act of Tenant, its agents, servants, invitees, or customers. However, if due to any negligent or willful act by the Tenant, its agents, servants, invitees or customers, there is a need for maintenance or repair of damage, then Tenant shall secure such maintenance or repair in a prompt, reasonable manner, as approved by the Commission. d. Snow shall be removed from in front of Hangar Space to within at least two (2) feet of the Hangar. Snow removal closer than two (2) feet is the responsibility of the Tenant. e. The Commission shall ensure appropriate grounds keeping is performed year- round. 9. Sublease/Assignment. Tenant shall not sublease the Hangar Space or assign this Lease without the prior written approval of the Commission. 10. Condition of Premises. Tenant shall accept the Hangar Space in its present condition without any liability or obligation on the part of the Commission to make any alterations, improvements or repairs of any kind on or about said Hangar Space. 11. Alterations. Tenant shall not install any fixtures or make any alterations, additions or improvements to the Hangar Space without the prior written approval of the Commission, or designee. All fixtures installed or additions and improvements made to the Hangar Space shall, upon completion of such additions and improvements, become Commission property and shall remain in the Hangar Space at the expiration or termination of this Lease, however terminated, without compensation or payment to Tenant. Fixtures include, but are not limited to, locks, brackets for window coverings, plumbing, light fixtures, luminaries, and any item permanently attached to the wall, floor, or ceiling of the Hangar Space by means including, but not limited to cement, plaster, glue, nails, bolts, or screws. 12. Hazardous Materials. a. With the exception of Paragraph 12c below, no "hazardous substance," as defined in Iowa Code section 455B.411 (2023), may be stored, located, or contained in the Hangar Space without the Commission’s prior written approval. Petroleum products and their byproducts for personal use may be stored in the Hangar Space if said substances are contained in approved containers. b. With the exception of Paragraph 12c below, Tenant shall handle, use, store and dispose of fuel petroleum products, and all other non-"hazardous substances" owned or used by Tenant on the Airport in accordance with all applicable federal, state, local and airport statutes, regulations, rules and ordinances. No waste or Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 31 of 38 disposable materials shall be released on the ground or in the storm sewers. Should such materials be spilled or escape from storage or in any way contaminate the Airport or property adjacent to the Airport through activities of the Tenant, the Tenant shall be responsible for the cleanup, containment and abatement of such contamination at Tenant’s sole cost and expense. Further, Tenant shall notify the Commission and the appropriate governmental agencies of such occurrence immediately. Should Tenant fail to do so, the Commission may take any reasonable and appropriate action in the Tenant’s stead. The cost of such remedial action by the Commission shall be paid by the Tenant. c. Tenant may have the following materials stored in the Hangar Space: • 1 case of engine oil • 2 1/2 gallons gasoline for motorized tugs (but no aviation fuel or gasoline in drums) • 1 gallon of cleaning solvents 13. Special Events. During any special event at the Airport, including but not limited to the annual pancake breakfast or Fly Iowa, Tenant acknowledges that the standard operating procedure at the Airport may be altered such that egress and ingress to the Hangar Space may be altered by the Commission. Tenant's failure to comply with the altered procedure is a default of this Lease, and the Commission may proceed to terminate this Lease. 14. Airport Rules and Regulations. Tenant agrees to be subject to Airport rules and regulations upon adoption by the Commission or provide 30-days’ notice to terminate this Lease. Commission shall provide Tenant with a copy of said regulations 30-days prior to their effective date. 15. Access and Inspection. The Commission has the right to enter and inspect the Hangar Space at any reasonable time during the term of this Lease upon at least 24 hours’ notice to the Tenant for any purpose necessary, incidental to or connected with the performance of its obligations under the Lease or in the exercise of its governmental functions. In the case of an emergency, the Commission may enter the Hangar Space without prior notice but will provide notice to the Tenant after the fact. The Commission shall not, during the course of any such inspection, unreasonably interfere with the Tenant’s use and enjoyment of the Hangar Space. At a minimum, the Hangar Space will be inspected annually. Upon execution of this Lease, the Commission shall provide Tenant with a key to the Hangar Space, and if the Tenant subsequently changes the lock to the Hangar Space, they shall provide notice to the Commission before they do so and shall provide a new key to the Commission within twenty-four hours of doing so. 16. Insurance. a. Tenant shall at its own expense procure and maintain general liability and casualty insurance in a company or companies authorized to do business in the State of Iowa, in the following amounts: Type of Coverage Aircraft Liability, including incidental premises liability – Each Occurrence $1,000,000 Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 32 of 38 b. Tenant’s insurance carrier shall be A rated or better by A.M. Best. Tenant shall name the Commission and the City of Iowa City, as additional insureds. The Commission and Tenant acknowledge that a Certificate of Insurance is attached to this Lease. Tenant shall provide fifteen (15) days’ notice to the Commission before cancellation of said insurance. c. It is the Tenant's responsibility to keep the insurance certificate current. If the Certificate of Insurance expires during the term of the lease, the Tenant must provide a current certificate to the Commission within seven (7) days of when the Certificate expires. 17. Casualty. In the event the Hangar or Hangar Space, or the means of access thereto, shall be damaged by fire or any other cause, the rent payable hereunder shall not abate provided that the Hangar Space is not rendered untenantable by such damage. If the Hangar Space is rendered untenantable and Commission elects to repair the Hangar or Hangar Space, the rent shall abate for the period during which such repairs are being made, provided the damage was not caused by the acts or omissions of Tenant, its employees, agents or invitees, in which case the rent shall not abate. If the Hangar or Hangar Space is rendered untenantable and Commission elects not to repair the Hangar or Hangar Space, this Lease shall terminate. 18. Indemnity. Tenant agrees to release, indemnify and hold the Commission and the City of Iowa City ("City"), its officers and employees harmless from and against any and all liabilities, damages, business interruptions, delays, losses, claims, judgments, of any kind whatsoever, including all costs, attorneys' fees, and expenses incidental thereto, which may be suffered by, or charged to, the Commission and the City by reason of any loss or damage to any property or injury to or death of any person arising out of or by reason of any breach, violation or non-performance by Tenant or its servants, employees or agents of any covenant or condition of the Lease or by any act or failure to act of those persons. The Commission and City shall not be liable for its failure to perform this Lease or for any loss, injury, damage or delay of any nature whatsoever resulting therefrom caused by any act of God, fire, flood, accident, strike, labor dispute, riot, insurrection, war or any other cause beyond Commission's control. 19. Disclaimer of Liability. The Commission hereby disclaims, and Tenant hereby releases the Commission from any and all liability, whether in contract or tort (including strict liability and negligence) for any loss, damage or injury of any nature whatsoever sustained by Tenant, its employees, agents or invitees during the term of this Lease, including, but not limited to, loss, damage or injury to the Aircraft or other property of Tenant that may be located or stored in the Hangar Space, unless such loss, damage or injury is caused by the Commission's gross negligence or intentional willful misconduct. The parties hereby agree that under no circumstances shall the Commission be liable for indirect consequential, special or exemplary damages, whether in contract or tort (including strict liability and negligence), such as, but not limited to, loss of revenue or anticipated profits or other damage related to the leasing of the Hangar Space under this Lease. 20. Attorney Fees. If the Commission files an action in district court to enforce its rights under this Lease and if judgment is entered against the Tenant, Tenant shall be liable to and shall pay for the Commission's attorney fees incurred in enforcing the Lease and in obtaining the judgment. Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 33 of 38 21. Default. This Lease shall be breached if: (a) Tenant fails to make the rental payment; or (b) Tenant or the Commission fails to perform any other covenant herein and such default shall continue for five (5) days after the receipt by the other party of written notice. 22. Security. Tenant acknowledges that the Federal Aviation Administration or another governmental entity or subdivision may enact laws or regulations regarding security at general aviation airports such that the Commission may not be able to comply fully with its obligations under this Lease, and Tenant agrees that the Commission shall not be liable for any damages to Tenant that may result from said non-compliance. 23. Thirty (30) Days Termination. Either party to this Lease shall have the right, with cause, to terminate this Lease by giving thirty (30) days' prior written notice to the other party. 24. Non-Discrimination. Tenant shall not discriminate against any person in employment or public accommodation because of race, religion, color, creed, gender identity, sex, national origin, sexual orientation, mental or physical disability, marital status or age. "Employment" shall include but not be limited to hiring, accepting, registering, classifying, promoting, or referring to employment. "Public accommodation" shall include but not be limited to providing goods, services, facilities, privileges and advantages to the public. 25. Doing Business at the Airport. Tenant acknowledges that they may only conduct business and engage in commercial activity at the Airport as provided in the Minimum Standards and only after written permission has been obtained from the Airport Commission. 26. Federal Aviation Administration Provisions. a. Tenant, for itself, heirs, personal representatives, successors in interest, and assigns, as a part of the consideration hereof, does hereby covenant and agree as a covenant running with the land that in the event facilities are constructed, maintained, or otherwise operated on the said property described in this (license, lease, permit, etc.) for a purpose for which a Department of Transportation program or activity is extended or for another purpose involving the provision of similar services or benefits, the (licensee, lessee, permittee, etc.) shall maintain and operate such facilities and services in compliance with all other requirements imposed pursuant to 49 CFR Part 21, Nondiscrimination in Federally Assisted Programs of the Department of Transportation, and as said Regulations may be amended. b. Tenant, for itself, personal representatives, successors in interest, and assigned, as a part of the consideration hereof, does hereby covenant and agree as a covenant running with the land that: (1) no person on the grounds of race, color, or national origin shall be excluded from participation in, denied the benefits of, or be otherwise subject to discrimination in the use of said facilities, (2) that in the construction of any improvements on, over, or under such land and the furnishing of services thereon, no person on the grounds of race, color, or national origin shall be excluded from participation in, denied the benefits of, or otherwise be subject to discrimination, (3) that Tenant, shall use the premises in compliance with all other requirements imposed by or pursuant to 49 CFR Part 21, Nondiscrimination Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 34 of 38 in Federally Assisted Programs of the Department of Transportation, and as said Regulations may be amended. c. It is understood and agreed that nothing herein contained shall be construed to grant or authorize the granting of an exclusive right within the meaning of Section 308 of the Federal Aviation Act of 1958. This Lease shall be subordinate to the provisions of any outstanding or future agreement between the Commission and the United States government or the Commission and the State of Iowa relative to the maintenance, operation, or development of the Iowa City Municipal Airport. Tenant acknowledges and agrees that the rights granted to Tenant in this Lease will not be exercised so as to interfere with or adversely affect the use, operation, maintenance or development of the Airport. d. Tenant agrees to furnish service on a fair, equal and not unjustly discriminatory basis to all users thereof, and to charge fair, reasonable and not unjustly discriminatory prices for each unit or service; provided, that Tenant may make reasonable and non-discriminatory discounts, rebates, or other similar types of price reductions to volume purchasers. e. The Commission reserves the right (but shall not be obligated to Tenant) to maintain and repair the landing area of the airport and all publicly-owned facilities of the airport, together with the right to direct and control all activities of Tenant in this regard. f. The Commission reserves the right further to develop or improve the landing area and all publicly-owned air navigation facilities of the airport as it sees fit, regardless of the desires or views of Tenant, and without interferences or hindrance. g. The Commission reserves the right to take any action it considers necessary to protect the aerial approaches of the airport against obstructions, together with the right to prevent Tenant from erecting, or permitting to be erected, any building or other structure on the airport which in the opinion of the Commission would limit the usefulness of the airport or constitute a hazard to aircraft. h. During time of war or national emergency, the Commission shall have the right to enter into an agreement with the United States Government for military or naval use of part or all of the landing area, the publicly-owned air navigation facilities and/or other areas or facilities of the airport. If any such agreement is executed, the provisions of this instrument, insofar as they are inconsistent with the provisions of the agreement with the Government, shall be suspended. i. It is understood and agreed that the rights granted by this Lease will not be exercised in such a way as to interfere with or adversely affect the use, operation, maintenance or development of the airport. j. There is hereby reserved to the Commission, its successors and assigns, for the use and benefit of the public, a free and unrestricted right of flight for the passage of aircraft in the airspace above the surface of the premises herein conveyed, together with the right to cause in said airspace such noise as may be inherent in the operation of aircraft, now known or hereafter used for navigation of or flight in the air, using said airspace or landing at, taking off from, or operating on or about the airport. k. The Lease shall become subordinate to provisions of any existing or future agreement between the Commission and the United States of America or any agency thereof relative to the operation, development, or maintenance of the airport, the execution of which has been or may be required as a condition precedent to the expenditure of federal funds for the development of the airport. Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 35 of 38 27. Remedies Cumulative. The rights and remedies with respect to any of the terms and conditions of this Lease shall be cumulative and not exclusive, and shall be in addition to all other rights and remedies available to either party in law or equity. 28. Notices. Any notice, for which provision is made in this Lease, shall be in writing, and may be given by either party to the other, in addition to any other manner provided by law, in any of the following ways: a. by email (1) If to the Commission, sent to: mtharp@iowa-city.org (2) If to Tenant, addressed to: ____________________________ b. by personal delivery to the Commission Chairperson, Airport Manager, or the Tenant c. by service in the manner provided by law for the service of original notice, or d. by sending said Notice by certified or registered mail, return receipt requested, to the last known address. Notices shall be deemed to have been received on the date of receipt as shown on the return receipt. (1) If to the Commission, addressed to: Iowa City Airport Commission Iowa City Municipal Airport 1801 S. Riverside Drive Iowa City, IA 52246 (2) If to Tenant, addressed to: 29. Airport Manager. The Airport Manager is the person designated by the Commission to manage the Hangar Space and to deliver all notices and demands from the Commission, to receive keys to the Hangar Space as provided in Paragraph 15, and to perform inspections as provided in Paragraph 15. 30. Integration. This Lease constitutes the entire agreement between the parties, and as of its effective date supersedes all prior independent agreements between the parties related to the leasing of the Hangar Space. Any change or modification hereof must be in writing signed by both parties. Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 36 of 38 31. Waiver. The waiver by either party of any covenant or condition of this Lease shall not thereafter preclude such party from demanding performance in accordance with the terms hereof. 32. Successors Bound. This Lease shall be binding and shall inure to the benefit of the heirs, legal representatives, successors and assigns of the parties hereto. 33. Severability. If a provision hereof shall be finally declared void or illegal by any court or administrative agency having jurisdiction over the parties to this Lease, the entire Lease shall not be void, but the remaining provisions shall continue in effect as nearly as possible in accordance with the original intent of the parties. IOWA CITY AIRPORT COMMISSION By: ___ Title: _____________ Date:______________________________ TENANT: By: Title: Date:_____________________________ Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 37 of 38 Airport Commission Agenda & Info Packet Meeting Date: July 10, 2025 Page 38 of 38