Past improvements have included an expansion to the ticketing area, the relocation of baggage screening, larger passenger checkpoints, additional restaurant capabilities, more gate seating, additional jet bridges and an overhaul of the baggage claim area. “We certainly have been working on trying to keep the terminal facility to a point where we can accommodate the growth we've seen,” Letellier said. That could be a ride from a friend or using a ride-share service, Letellier said. So all of that helps fund the operation of the airport, but we've been pretty conservative over the years, and our reserves have built up over time.”ĭuring the construction project, the airport is urging travelers to consider alternative forms of transportation to the airport to avoid the need to park, if possible. “Forty-five percent of our revenue comes from parking, plus there’s airport rentals and landing fees, ground leases around the property, rental car and concession revenue. “We are an independent governmental entity, much like any municipality, so we do have that ability to tax and zone, but we don't apply any tax for this,” he said. Though the airport does have the authority to tax, Letellier clarified that no taxpayer dollars are going toward this project, as smart spending over the years has allowed the reserve to build up. Letellier said that most of the parking construction’s price tag will be paid for using the airport’s reserve fund, though a short-term loan of about $10 million was necessary to ensure the reserve fund didn’t dip below a specified minimum. Letellier said that in an effort to accommodate some of the spots that will be unavailable during construction, a 500-space expansion of the economy lot on the airport’s south end will be added this summer. Parking at the airport has long been near-capacity.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |