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Board to consider airport MOA, property rate updates and taxiway repairs
Summary
Staff asked the board to authorize an FAA memorandum of agreement for eight navigational aid sites, update airport property rates using a 2.2% CPI adjustment, and file for a state Aeronautics grant to repair a taxiway sinkhole (estimated repair $375,000; state may cap awards at $300,000 leaving a local share).
Airport staff presented a package of items for board consideration related to Hot Springs Memorial Airport.
On R26‑29, staff said the city would authorize a memorandum of agreement with the Federal Aviation Administration covering eight small sites on airport property for navigational aids; the current 20‑year MOA expires in September and the new agreement would take effect Oct. 1 after the prior MOA expires. Director Garcia confirmed the MOA contains no new obligations beyond reauthorization.
On R26‑30, staff proposed updating Appendix K of the airport property management policy to reflect current rates based on the Consumer Price Index. Staff noted the board approved annual CPI adjustments starting in 2024 to reduce the impact of multi‑year adjustments; this year's CPI‑based adjustment is 2.2% and, if approved, would be effective March 1.
On R26‑31, staff described a recent pavement failure and sinkhole at the main taxiway intersection and requested authorization to file for and accept a grant through the Arkansas Division of Aeronautics for the taxiway repair. Staff described the estimated project cost as $375,000, said the state caps awards at $300,000, and that the remaining local contribution would be approximately $75,000. The grant application must be submitted by the end of the month to be considered by the Aeronautics Division board at its next meeting.
Each item will return for formal action at the Feb. 17 business meeting with detailed packet materials.
