ST. lOUIS LAMBERT ...... .._.. INTERNATIONAl AIRPORT™

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City In "tiative On March 22, the City of St. Louis made preliminary application to the FAA Airport Privatization Program to undertake a feasibility study to

determine if St. Louis Lambert Airport should privatize

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What is Public - Private- Partnerships?

Privatization refers to shifting governmental functions and responsibilities to the private sector

Least privatization

Service contracts

Examples: • Cleaning/janitorial • Security guards • Parking operations ' Terminal C{)noessions

Management contractt

Examples: ' Specific fadNty (e.g., parking)

• Airport .. wide management

Soor~: GAO analysis of ACRP information. 1 GA0-15·42

Developer flnandngloperation

Examplu: • TerminaJ development • Cargo • Car rental facility • General aviation

Most Prfvatlution

Lont·term lease or It

Eumplet! • Airport Privatization Pilot Program

• Long-term lease or full operation and development

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,1\ltporf: own.r com pt._ JQ!Sifloin•ry applfc tlon

~I '*'I appMcabon •hould ind\lde: • OlljectJvn at

ptiv&Ualil:ln • rleiCI' ,ottan at ~·Mil

~· • Airp;:vt fiftnnct.lll &ta£emr!Jnl:l

• PtopCIHd llfi'ClWtlt for propaeela

Appl' cation Process

FAA rwlitw .Qf ~lmln•1'7·

pptto.-tton

•f'AA mu• respond wtlhlft 30 Qll)'t ~fr'9nw ~ i'P~nWtci .. .,..rd"ltlg .. ~ ill! m.tplrot~am

ltirport·O\Il"AW c:ocnpa.tn

HJN.iton of ., ..... ~flltQI" ano nqoll tiOfl

• $01er:il¢rt rJf pri'illte aper&*

•N.;otr.Jt~. (tease aoreeme11t. =hrfiNS, 81a~ra, ell.::,)

Airport f campl8ta ftJPII p - Qdicwa

• Qmllria.~ vi felal ~~I:JcMt !tlclr.Jdlft!J

•uroot~ilnl ~ of transte<r, aflrtament of

lifjc:lttiant of JNi'Wto cp.aratOr~ IWJ'U881111 ~ ~I:J<It"' •• c;lerttfi'¢a1iQttJ of eirltne approvet ol ~(tfnece...,}. dnc:rip'tion of airport oceratlont. mainlll!nance lmdd~nt

fAA,., w •mlpubiiQ

oommtnt 1111•• ·6()---pVb!~ ~periOd &1Wfpubf,.; ~

• FM IIIW'*W ~ f <l181 Spp<iCiitkm 41~ dctni'IJIIillA'!ioP <>fsp~

~~· (Dctii:Jinv •mount Ill kJat .. fllndtl 'that Go ncrt liiGOO to tie repaid)

TJ: Mfvf top.rtqr. Oltlrator

• FM a~A~r"nt!ia a Aecaf9ot Occilion dc:'to1ltiflsl epectnr-A of 1he ._,.,,. creteFmrnetlon 'fll!gi3nf.T'Ig lilauar,.a ot ~tiOn ..

.. Part 130 .Cetilit;Ue ill: ~tued to prf'18Ut a,erator

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FAA Airport Privatization Pilot Program • 11 airports have applied

• Stewart Airport, owned by the Port Authority of NYNJ, was privatized in 2000 with a 99 year lease but reverted back to public control in 2007 leaving only Luis Munoz Marin Airport in San Juan as the only privatized airport in the US

, aa•ra Fat1• lntemat l-oniJl A,lrport (Niegsm Falla, NY) CommerCial

tt1rporl$

~nars.l a.vialion airpoi!Ui

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Why Airports Privatize

Airport Reason Gwinnett County (GA) Become 2nd Atlanta passenger airport

Hendry County (FL) Infrastructure improvements

Westchester County Relieve financial responsibility; improve environment

Chicago Midway

Niagara Falls

San Juan (PR)

Stewart (NY)

New Orleans

Address city funding shortfall; infrastructure improvements

Develop passenger service

Develop passenger service; improve financial performance Develop real estate; create jobs; economic development Address critical city financial obligations

Sources: GAO Analysis of FAA data; National Academy of Sciences "Considering and Evaluating Airport Privatization"; airports privatization applications

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STL Contact Info

Jeff Lea Public Information Manager

St. Louis Lambert International Airport

314.426.8125 jrlea@flystJ.com

Sl Louis Lambert International Airport and other trademarks identified herein are trademarks exclusively owned By The City of St Louts, Missouri, owner and operator of St. Louts Lambert International AJ;port.

©2017 City of St. Louts. Missouri. All rights reserved.

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