Okaloosa County BOCC — March 4, 2014 — Action Item Printout

BOARD OF COUNTY COMMISSIONERS AGENDA REQUEST DATE: March 4, 2014 TO: Honorable Chairman and Members of the Board FROM: Sunil Harman SUBJECT: Aero FX, Emerald Coast Aviation Amendment Number Five DEPARTMENT: Airport BCC DISTRICT: All STATEMENT OF ISSUE: Aero FX, Inc., dba Emerald Coast Aviation (ECA) Amendment Number Five to change ECA's insurance requirements is being presented to the Board of County Commissioners for approval. BACKGROUND: Emerald Coast Aviation entered into a lease agreement effective January 1, 2009 to conduct a fixed base operator concession at the Bob Sikes Airport. Subsequently, Mr. Jonathan Dunn, the Principal of ECA and Mr. Gary Real, Okaloosa County Risk Management Manager reviewed ECA's insurance requirements and agreed to update ECA's levels of insurance coverage and limits to comport with current levels through this proposed Amendment Number Five. The proposed insurance limits are: Airport and General Liability (Premises) $5,000,000, Products (Fuel Sales) $5,000,000, Completed Operations (Maintenance) $2,000,000, Hangarkeepers Legal Liability $1,000,000 per aircraft and $2,000,000 per occurrence, Environmental/Storage Tank Liability $5,000,000 and Business Automobile $1,000,000. The Department of Airports will ensure that new Certificate of Insurance documents are received prior to the expiration of current documents on file. The contract and lease internal coordination sheet is attached. OPTIONS: Approve, Reject or Table. RECOMMENDATIONS: Staff recommends the Board approve Amendment Number Five as described above. RECOMMENDED BY: APPROVED BY: Ernie Padgett, County Administrator