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Workshop to board: strategic airport business plans and primary management documents shape finance and leasing decisions
Summary
Consultant Jeff Cohen explained strategic airport business planning and primary management compliance documents — rules and regs, minimum standards, leasing policy, rents/fees and development standards — and reviewed FAA sponsor assurances the city must follow when accepting federal grants.
Lawrence — At the Feb. 5 Aviation Advisory Board meeting, aviation consultant Jeff Cohen gave a workshop on strategic airport business plans and primary management compliance documents (PMCDs), telling board members these tools steer revenue strategy, leasing, minimum standards and compliance with FAA obligations.
Cohen told the board that a strategic airport business plan defines mission, vision, goals and objectives and helps the airport “be as self sustainable as possible,” language that echoes FAA grant assurances. He said a business plan is most effective when stakeholders develop it together rather than having a consultant write a plan without local buy‑in.
“Process, process, process,” Cohen said, emphasizing the need for stakeholder engagement, council buy‑in and a firm implementation plan. He…
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