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File #: 23-0246    Name: Airport Terminal Financial Model
Type: Agenda Item Status: Agenda Ready
In control: City Council Work Session
On agenda: 4/4/2023 Final action:
Title: Discuss Airport Terminal Project Financial Model
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Discuss Airport Terminal Project Financial Model

 

Summary

 

COUNCIL GOAL:                     Maximize the Development Potential of McKinney National Airport

3A: Implement initiatives and strategies, including public-private partnerships, to attract and expand corporate and commercial aviation including the viability of passenger service.

 

MEETING DATE:                     April 4, 2023

 

DEPARTMENT:                      Airport

 

CONTACT:                       Ken Carley, Airport Director

 

 

RECOMMENDED CITY COUNCIL ACTION:                     

                     N/A

 

ITEM SUMMARY: 

                     Adam Giombetti with W.J. Advisors will present details on the financial model and project assumptions associated with the proposed construction and operation of a passenger terminal facility and related infrastructure at McKinney National Airport.

 

BACKGROUND INFORMATION: 

                     W.J. Advisors provides project specific and aviation industry expertise to the City of McKinney on its proposed commercial passenger service initiative.

 

FINANCIAL SUMMARY: 

                     This is a presentation for informational purposes only. There is no financial impact to the City.

 

BOARD OR COMMISSION RECOMMENDATION:

                     N/A