HomeMy WebLinkAboutResolution - 2001-R0450 - Parking Rate Increase Of Twenty-Five Percent - Lubbock International Airport - 10_25_2001Resolution No. 2001-R 0450
October 25, 2001
Item No. 17
RESOLUTION
WHEREAS, staff analysis indicates that the projected reduction in airline
operations and loss of passengers will result in a revenue shortfall of approximately
$340,000 in Airport revenue for FY 2001-02; and
WHEREAS, after a review of all potential airport revenue sources, it has been
determined that only the airport parking lot operation has the potential for generating the
additional revenue needed to overcome this shortfall; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK:
THAT the Lubbock International Airport is authorized to initiate a phased -in
parking rate increase with a maximum potential increase of twenty-five (25) percent.
Passed by the City Council this 25th day of October , 2001.
ATTEST:
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Rebe a Garza, City Secretary
APPROVED AS TO CONTENT: APPROVED AS TO FORM:
of Aviation
LC:/Cityatt/Linda/Apark.res & ccdocs
October 16, 2001
Linda L. Chamales
Supervising Attorney