May 2025 Meeting Minutes

Open­ing:

The Board Meet­ing of the Pana­ma City-Bay Coun­ty Air­port and Indus­tri­al Dis­trict was called to order at 9:00 a.m., May 28, 2025 by Vice Chair Will Cramer.

The Invo­ca­tion was giv­en by Ms. Hol­ly Melzer.

The Pledge of Alle­giance was led by Mr. Les McFatter.

Roll was called. In atten­dance were: Ms. Vic­to­ria Williams, Mr. Matt Algar­in, Mr. Glen McDon­ald, Ms. Hol­ly Melz­er, Mr. Les McFat­ter, and Vice Chair Will Cramer.

Pub­lic Comments:

There were no pub­lic comments.

Accep­tance of Agenda:

Vice Chair Cramer asked if there were any items on the Agen­da, includ­ing the Con­sent Agen­da, that any Board Mem­ber would like to move to a Busi­ness Item for fur­ther dis­cus­sion, and if not, that a Mem­ber make a motion to accept the Amend­ed Agenda.

Mr. McDon­ald made a motion to accept the Amend­ed Agen­da, and Mr. McFat­ter sec­ond­ed the motion. The vote was tak­en and the motion passed unanimously.

Reports:

Mr. Park­er McClel­lan updat­ed the Board on the April Activ­i­ty Reports. The Region­al Mar­ket Share was main­tained and was 25% for the month. The Region­al Com­par­i­son con­tin­ues to show the Air­port with sig­nif­i­cant growth.

Ms. Dar­lene Gor­don pre­sent­ed the Finan­cial Reports for the sev­en (7) months end­ing April 30^th. At the end of April, the total cash reflect­ed an increase of $ 1.5 mil­lion from March with a total bal­ance of $54.7 mil­lion. Ms. Gor­don also report­ed that unre­strict­ed cash is $36 mil­lion and restrict­ed cash is $18.7 mil­lion. Com­pared to April of last year, unre­strict­ed cash is up $6 mil­lion and restrict­ed cash is up $3.7 million.

In April 2025, total lia­bil­i­ties decreased $2.3 mil­lion from March due to con­struc­tion payments.

Ms. Gor­don reviewed excess rev­enues over expens­es, which reflect­ed an $13 mil­lion year-to-date total. Oper­at­ing rev­enue over expens­es equals $4.8 mil­lion of the excess while the non­op­er­at­ing rev­enues make up $8.2 mil­lion. The excess rev­enues over expens­es increased $2 mil­lion in the month of April, with half com­ing from oper­at­ing accounts and the oth­er half com­ing from non-oper­at­ing revenues.

Dis­cus­sion ensued.

Con­sent Agenda

a. Approve Board Meet­ing Min­utes — April 23, 2025

This item pro­vides för Board approval of the April 23, 2025 Board Meet­ing Minutes. 

b. Rat­i­fy Exec­u­tive Direc­tor’s approval to allow AVCON begin Ter­mi­nal Loop Road Design

This item requests the Board to rat­i­fy Exec­u­tive Direc­tor’s approval to allow AVCON to begin the Ter­mi­nal Loop Road Design.

Mr. McDon­ald made a motion to accept the Con­sent Agen­da, and Mr. Algar­in sec­ond­ed the motion. The vote was tak­en and the motion passed unanimously.

Busi­ness Items:

a. Approve of Pre-Devel­op­ment Agree­ment with Flori­da State Uni­vser­si­ty InSpire

This item was removed from the agenda.

b. Approval of Grant Award Agree­ment with Tri­umph Gulf Coast, Inc. for Pro­tect Spin­ner (IAG Aero Group)

Mr. McClel­lan informed the Board on the progress of the Grant Award Agree­ment with Tri­umph Gulf Coast, Inc. for Project Spin­ner (IAG Aero Group). The Agree­ment is on its third and final read­ing of the Tri­umph Board on June 12^th in Pen­saco­la. Mr. Cole Davis added there are no mate­r­i­al changes and the major oblig­a­tion of the Air­port is to com­plete the project in the event that the grantee does not. The com­pa­ny is putting in $82.5 mil­lion towards the Project and the Air­port will use the $25 mil­lion Tri­umph Grant fund­ing for the con­struc­tion of the facil­i­ty itself.

Dis­cus­sion ensued.

Mr. McFat­ter made a motion to Approve of the Grant Award Agree­ment with Tri­umph Gulf Coast, Inc. for Project Spin­ner (IAG Aero Group), and Ms. Melz­er sec­ond­ed the motion. The vote was tak­en and the motion passed unanimously

c. Approve to Accept Grant for Ter­mi­nal Expan­sion — Infra­struc­ture Invest­ing and Jobs Act (IIJA) for­mer­ly Bi-Par­ti­san Infra­struc­ture Law (BIL)

Mr. McClel­lan pre­sent­ed to the Board a pre­emp­tive approval to accept a grant for the Ter­mi­nal Expan­sion. This is the $10 mil­lion that was known as the Bipar­ti­san Infra­struc­ture Law (BIL).

It has now been renamed with a new admin­is­tra­tion as the Infra­struc­ture Invest­ment and Jobs Act (IIJA). It is antic­i­pat­ed to receive the grant from FAA in late June or ear­ly July. There is a due date of June 1 6^th to sub­mit the required num­bers; cur­rent­ly Ardur­ra and Cardel­la are work­ing on those num­bers for the first part of the Ter­mi­nal Expansion.

Dis­cus­sion ensued.

Mr. McDon­ald made a motion to Approve to Accept for Ter­mi­nal Expansion —

Infra­struc­ture Invest­ing and Jobs Act (IIJA) for­mer­ly Bi-Par­ti­san Infra­struc­ture Law (BIL); Ms. Melz­er sec­ond­ed the motion. The vote was tak­en and the motion passed unanimously.

Con­struc­tion Updates (Infor­ma­tion Only):

a. Ter­mi­nal Buildout

Mr. Nick Har­well pre­sent­ed updates on the Ter­mi­nal Build­out Project. The Build­out space is oper­a­tional and the punch list is being addressed. The tile is the only sig­nif­i­cant remain­ing item on the build-out to fin­ish the project.

b. Ter­mi­nal Ramp Expansion

Mr. Har­well updat­ed the Board about the Ter­mi­nal Ramp Expan­sion project. The Project is con­tin­u­ing to move at a very rapid pace and doing excep­tion­al­ly well with the com­ple­tion in June.

c. North Ter­mi­nal Expansion

Mr. Aaron Buob, with Ardur­ra, pre­sent­ed an update on the North Ter­mi­nal Expan­sion Project. Mr. Buob intro­duced the Vice Pres­i­dent of Cardel­la Mr. John Khauaz. He sum­ma­rized the time­line of the pre­con­struc­tion tasks Cardel­la is com­plet­ing and will be start­ing. The plan is to break ground in September.

Plan­ning Update (Infor­ma­tion Only):

a. Project lnSPIRE

Mr. McClel­lan updat­ed the Board on Project InSPIRE. A Devel­op­ment Agree­ment is being draft­ed to explain the pre-con­struc­tion/pre-plan­ning efforts to ensure it’s in com­pli­ance with the FAA.

b. Rental Car Facil­i­ty Design

Mr. Buob informed the Board of the cur­rent dis­cus­sions on the Rental Car Facil­i­ty Design. Feed­back was received from all of the rental car com­pa­nies and they all respond­ed with want­i­ng some flex­i­bil­i­ty and future needs are addressed.

c. Devel­op­ment of North 300 Acres Update

Mr. McClel­lan pre­sent­ed updates on the devel­op­ment of the north 300 acres to the Board. It was stat­ed there is a Com­mu­ni­ty Devel­op­ment Grant with Neal Dun­n’s office for the road access the north parcels. Approval has been received from FAA for tree removal. Once the Grant is approved to con­struct the road, the focus of remov­ing the trees can begin.

Bay EDA Update (Infor­ma­tion Only):

Mr. Kyle Shoots updat­ed the Board on all the recent activ­i­ties for Bay EDA. There’s a sig­nif­i­cant amount of inter­est in our area. Mr. Shoots dis­cussed Projects Cow­boy, Spin­ner, Casper, Horace, Opal, Amadeus, Express, Super Bowl and Harmony.

The Moore Agency Update (Infor­ma­tion Only):

Ms. Katie Spill­man gave updates on activ­i­ty in the month of April to the Board and the ECP’s 1 5 ^th anniver­sary on May 23^rd. Items that were cre­at­ed in the cel­e­bra­tion includ­ed; the 15-year logo, an ani­ma­tion ver­sion of it as well which is shared across socials, a cel­e­bra­tion ban­ner, and fun give­aways. The Fun Give­aways were pins, pens, brand­ed sun­screen, lip balms, and cus­tom 1 5 ^th anniver­sary brand­ed cake pops.

Ms. Spill­man pre­sent­ed a devel­op­ment of media mate­ri­als and pitched a brand-new imple­men­ta­tion of engag­ing with the pas­sen­gers for social, call­ing it ​“Ter­mi­nal Talk”. The first ver­sion of Ter­mi­nal Talk will include This began Fri­day dur­ing the 15^th anniver­sary cel­e­bra­tion in the Ter­mi­nal when inter­act­ing with pas­sen­gers on their views/​reactions of the 1 5^th Anniver­sary.

Ms. Spill­man also stat­ed that the Yahoo search is work­ing real­ly well, with a poten­tial 67 mil­lion views and 33 men­tions just over the last cou­ple of days.

Exec­u­tive Direc­tor Report:

Mr. McClel­lan updat­ed the Board by reit­er­at­ing the 1 5^th anniver­sary cel­e­bra­tion, and the devel­op­ment of an art exhib­it in the Build Out Space. The Exhib­it would fea­ture local artists and be changed out every cou­ple of months.

Mr. McClel­lan invit­ed the Board mem­bers to the Pub­lic Safe­ty Build­ing next Fri­day, June 6^th for a bar­beque with staff for our sum­mer kick-off. June 7^th kicks off Super Sum­mer Week­ends, which goes from Fri­day to Mon­day. The Air­port will be ready to go. Every­one was also remind­ed of the June 14^th LaGuardia flight.

Last­ly, Mr. McClel­lan infonned the Board of the research that is being done for a park­ing garage. It would be a $40 mil­lion-dol­lar project for 1,000 park­ing space. The park­ing plan fits into the Stormwa­ter Mas­ter Plan update, that allows us to use the dry pond and make that area addi­tion­al park­ing. Staff has includ­ed this in JACIP, for a pos­si­ble FDOT Grant.

There were no addi­tion­al pub­lic comments.

Next meet­ing sched­uled: Board Meet­ing: June 25, 2025 — 9:00 a.m.

The meet­ing was adjourned at approx­i­mate­ly 9:45 a.m.