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Council backs advisory board, clearer records and separated airport fund; staff to improve contracts and key control
Summary
Council and staff discussed reconstituting an airport advisory committee, improving financial transparency, separating the airport fund from the general fund, strengthening contracting and key control, and creating clearer processes for leasing and annual insurance verification.
Council members, tenants and airport staff discussed governance and administrative reforms for the airport, including reinstating an airport advisory board, establishing clearer contracting and leasing procedures, improving records and key control, and maintaining a distinct airport fund. Staff said the airport fund has been separated from the general fund (referred to as fund 55) and that financial statements are available in the agenda package. Tenants…
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