An agreement
for the Peachtree City Airport Authority to set aside funds in case of
a shortfall in the city's hotel-motel tax collections went unchanged Wednesday
night.
The authority
debated a request from City Councilman Steve Rapson to eliminate a paragraph
from the agreement that would allow the authority to suspend paying the
$28,000 it is setting aside "if the authority is unable to meet its
financial obligations."
Authority members
agreed that the clause was necessary, noting it protects the authority
from unforeseen financial burdens such as the ripple effects from the
terrorist attacks of Sept. 11.
After the attacks,
the airport was closed for several weeks to all traffic, which effectively
cut off one of its main revenue supplies: jet and AvGas sales.
But the authority
doesn't think such a drastic situation would occur to hurt its finances,
authority members agreed.
"It would
have to be something pretty severe for us not to meet our financial obligations,"
said authority chairwoman Catherine Nelmes.
Authority member
H.E. Buffington stressed that the authority wants to work with the City
Council on the issue.
The authority
gets a supplement from the city to operate Falcon Field, with the funds
coming from the city's hotel-motel tax. But with the local hospitality
industry taking a downturn after the terrorist attacks, city officials
wanted to make sure any shortfall in hotel-motel tax collections would
be covered. Agreements have been drafted to make sure any shortfall is
shared by the city, the Airport Authority and the Development Authority,
which also gets hotel-motel tax revenues to subsidize operating the tennis
center and amphitheater.
In other business,
the authority agreed to provide $1,000 to the Fayette County Local Emergency
Planning Committee to purchase necessary equipment. The LEPC is a coalition
of local industries and businesses that network together to insure hazardous
materials or chemical releases are taken care of quickly.
Pete Nelms
of the LEPC said one example would be if there was a significant spill
of aviation fuel at Falcon Field. Then officials could go to a participating
LEPC member for absorbent materials to clean up the spill, with the caveat
that the materials must be replaced at a later date, Nelms said.
The LEPC is
in need of funds to buy more equipment to use in hazardous materials situations,
Nelms added, thanking the authority for its generosity.
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