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Council adopts ordinance setting fuel and oil pricing formula at Mineral Wells airport
Summary
The council adopted an ordinance amending the city code to establish a formula for aviation fuel and oil pricing, referencing the master fee schedule; staff cited weekly World Fuel pricing, weather impacts, and volume discounts during the discussion.
The Mineral Wells City Council unanimously adopted an ordinance to codify a formula for calculating aviation fuel and oil rates and to reference the master fee schedule for related airport fees.
Airport staff presented data showing how sales and pricing fluctuate with weather and market rates. The presenter said World Fuel provides weekly pricing and described how airports commonly set prices as wholesale cost plus fees, taxes and a margin for profit. Council members asked about volume discounts and whether larger consumers receive separate contracts; the presenter confirmed volume discounts are available and said staff would document any contractual arrangements.
Council member discussion noted that the city's proposed approach aligns the airport with competing local airports and provides a consistent margin rather than ad‑hoc price changes. Council voted to adopt the ordinance after a motion to approve.
Staff indicated the ordinance will allow staff to adjust prices according to the formula and continue offering volume discounts. The ordinance also references the master fee schedule for non‑fuel airport fees.
Next steps: staff will implement the formula, document any volume contracts, and advertise volume discount terms on pilot websites as discussed.
