Broward County Commission Regular Meeting
Director's Name: Mark Gale
Department: Aviation Division: Finance
Information
Requested Action
title
MOTION TO APPROVE issuance of rental credits by the Broward County Aviation Department to Signatory Airlines operating at Broward County's Fort Lauderdale-Hollywood International Airport in an amount not to exceed $35,000,000 to offset a portion of the terminal rental fees and charges due from the Signatory Airlines in Fiscal Year 2023.
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Why Action is Necessary
Broward County Board of County Commissioners ("Board") approval is required in order for the Broward County Aviation Department to issue rental credits to airlines based on rates and charges as included in Chapter 39 of the Broward County Administrative Code.
What Action Accomplishes
Authorizes the Broward County Aviation Department ("BCAD") to issue rental credits to the Signatory Airlines operating at Broward County's Fort Lauderdale-Hollywood International Airport ("FLL").
Is this Action Goal Related
No
Previous Action Taken
None.
Summary Explanation/Background
THE AVIATION DEPARTMENT RECOMMENDS APPROVAL OF THE ABOVE MOTION.
This action will authorize BCAD to issue rental credits in an amount not to exceed $35 million to the Signatory Airlines operating at FLL to offset a portion of the terminal rental fees and charges due from the Signatory Airlines in Fiscal Year 2023.
There are eight airlines operating at FLL that have "Signatory Airline" status. Those airlines are Air Canada, Allegiant Air, American Airlines, Delta Airlines, JetBlue, Southwest Airlines, Spirit Airlines, and United Airlines. To achieve Signatory status, an airline must enter into a long-term agreement with BCAD and commit to guaranteeing the financial performance of the two airports that are part of the BCAD system.
As a part of the Signatory Lease and Use Agreement, a Signatory Airline has to lease at least 4,000 square feet of terminal space, at least one g...
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