IS THE AIRPORT SELF-SUSTAINING? Capital Improvement Plan Yes No Notes Annual? For a privately owned airport, have loans or grants from economic development agencies or other public agencies been obtained? Even if you don't use Go Math in your classroom, you will be reinforcing 4th grade curriculum and task cards are easy to use and take minimal prep. Grants are used to cover capital expenses. In either case, the airport can be subject to budget appropriations and political changes. An urgent need for revenue or a desire for a windfall is a less positive or realistic situation. The text and checklist sections are presented in an alternating sequence so that questions about a topic immediately follow the explanation. Which of the five tiers (introduced in Chapter 2) correctly classifies the airport land? If the initiative comes from a developer, what does the developer offer to the airport? The implications for airport development warrant both a review of available funds for debt service and separate resources to devote to development. Chapter 4 assessment answer key lime. Do they complain about noise, air quality, or traffic? In addition to Chapter 3 of this guidebook and the FAA Airport Compliance Manual, information sources include ACRP Legal Research Digest 23: A Guide for Compliance with Grant Agreement Obligations to Provide Reasonable Access to an AIP-Funded Public Use General Aviation Airport (February 2015). This packet can be used as an in class review and/or homework assignment before giving the chapter 4 Go Math!
Major business sectors can provide the rationale for a particular land use plan or development project if they are growing or have the potential to grow with improved airport facilities. Grant obligations Yes No Notes Airport? Chapter 4 Review Answers | Math. Can elements of the airportâs current financial status be traced to the Great Recession? Do existing agreements allow airfield access from any adjacent property? What are loan availability and interest rates? Family-owned businesses may have more complexity than individual ownership, but still have a simple structure for decision-making and action.
2 Airport Ownership KNOW Airport ownership can be private or public, but several variations exist in both sectors regarding the form of ownership. MAPPING OF NOISE COMPATIBILITY (BUFFER) LAND? SOUND BITE In addition to air service, the airport is near a major interstate and three U. S. highways, and has rail service adjacent to the property. A healthy market and available land may present a good opportunity for new airport revenue. Chemistry (12th Edition) Chapter 4 - Atomic Structure - 4 Assessment - Page 122 35 | GradeSaver. What facilities will be improved? Airport ownership options Check to select Notes Private? ALP-designated non-aeronautical use? WOULD THE DEVELOPERS VIEW AIRPORT DEVELOPMENT AS COMPETITION? A single market concentration may be seen as a higher risk factor for development.
DOMINANT INDUSTRY GROWING? The airport cannot afford to expend a great deal on development preparation, and/or must look for stable income streams for minimal investment for financial, legal, or political reasons. The airportâs development goals also must be correlated with the conclusions about the airportâs risk tolerance as developed from that checklist. Public involvement/other communication? If not, FAA approval of a revised ALP will be necessary. Other commercial/industrial developments in area? Does the airport issue newsletters or electronic information telling the public what is happening at the airport? Conversely, examination of a dominant industry may also reveal vulnerabilities, such as an over-reliance on that business and the need to diversify. Topic 4 assessment form a answer key. They are currently being updated for use in Google Slides. 72 Generating revenue from Commercial Development On or adjacent to airports DO Compare the information in the business plan (if available) with the information gathered in the toolkit/checklist to create a comprehensive picture of current airport business segments. DOMINANT INDUSTRY OR INDUSTRIES?
Independent airport authorities generally have more independence than municipal or state-owned airports, and they may have bonding authority. Before embarking on a project, the airport should identify the funding available to dedicate to this process, the origin of the funds, and the likelihood that funding will be available as needed over time. Are there ways the airport can work to diversify revenue over time? Is there a flight school on or near the airport? Chapter 4: Assessment Questions Flashcards. 66 Generating revenue from Commercial Development On or adjacent to airports DO The answers from this section of the toolkit can help guidebook users understand the current status of the airportâs ALP or Airport Master Plan and the information that is available through these resources. Have airport revenues shown a rate of increase in recent years?
The airport may need revenue enhancement in the short term, or it may be able to wait a longer time for an investment to mature and provide greater returns. Chapter 4 assessment answer key of life. SUMMARIZE RELATIONS BETWEEN THE AIRPORT AND THESE STAKEHOLDERS BASED ON THE SUGGESTED QUESTIONS AND OTHER AVAILABLE INFORMATION: ⢠⢠⢠IS A LOCAL INDUSTRY ADVISORY BOARD OR OTHER SYSTEM IN PLACE TO REGULARLY COMMUNICATE WITH STAKEHOLDERS? Airport revenue by segment: ⢠⢠⢠SOUND BITE Ag- and Bio Sciences is a focus industry as a result of the market study recently done for the city as a whole. Each element is determined by the amount of protons it has in the nucleus of the atoms. Is there one, single company that provides a significant number of jobs in the area?
If you enjoyed my product, please give it feedback to earn TPT credits. ARE THERE RATE COVENANTS? 82 Generating revenue from Commercial Development On or adjacent to airports strategy may be limited to subdividing parcels of land for sale or lease, aiming for reliable, stable revenue. The airportâs initial development concept may have to be adjusted after review to be compliant with applicable assurances, as they will affect many elements of development planning and implementation. Answer keys provided for review AND assessment! Approvals may be fast-tracked if airport-related development is seen as a source of tax revenue and job growth. Is this information published?
What are two abiotic factors that cause deciduous trees to shed their leaves? Does the area have a dominant industry? It will be important to define a future vision and goals for the airport and evelop a reasonable path to reach that goal. It can also be used at a center or for reteaching/retesting.
The ALP and any future adjustments are subject to FAA approval. Noise contours for the airport may have been developed as part of a study such as an Environmental Assessment (EA) or, less frequently, for a Part 150 Airport Noise Compatibility Planning Study. Has the airport fully recovered from recession impacts? Does the airport communicate on social media? The âfive tiersâ concept presented in Chapter 2 of this guidebook can help to explain this issue. This can stop a development proposal in its tracks. A high risk project also has the potential for higher returns. 58 Generating revenue from Commercial Development On or adjacent to airports provide some guidance, but other state legislation may also apply. Can the airport commit staff and financial resources to investigate opportunities and design and implement a plan? Investigate • Divide Using Repeated Subtraction. Executive director, board, commissioner? These designations can be general (e. g., terminals or commercial) or more specific if market sectors have been identified.
Are the funds available for this purpose, or are they mandated to go back into airport operations? Public subsidy Yes No Notes Publicly owned? CAN THE AIRPORT ASSUME MARKET RISK FOR GREATER UPSIDE?