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Exhibit 1 - Agenda Information Sheet - Amend 1City of Denton _____________________________________________________________________________________ AGENDA INFORMATION SHEET DEPARTMENT: Procurement ACM: Cassey Ogden DATE: December 12, 2023 SUBJECT Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal corporation, authorizing the approval of a first amendment to a Professional Services Agreement between the City of Denton and Coffman Associates, Inc., amending the contract approved by Purchasing on July 26, 2023, in the not-to-exceed amount of $15,000.00; said first amendment to continue to provide a financial analysis for the Airport; providing for the expenditure of funds therefor; and providing an effective date (RFQ 8133 – providing for an additional first amendment expenditure amount not-to-exceed $71,250.00, with the total contract amount not-to-exceed $86,250.00). STRATEGIC ALIGNMENT This action supports Key Focus Area: Enhance Infrastructure and Mobility. INFORMATION/BACKGROUND Growth of the Airport in the last ten (10) years has resulted in the Airport being ranked 5th in the state and 59th in the country for operations (planes that land and planes that take off from the Airport), as of September 2023. The Airport master plan, scheduled to begin in 2024, will create a 20-year outlook for future airport development and services, and the Airport financial analysis will recommend how the Airport can generate additional revenue streams to remain operationally self-sufficient during that period. Coffman Associates, Inc. (“Coffman”), will be conducting the Airport Master Plan, and will utilize Aviation Management Consulting Group (AMCG) to conduct the Airport financial analysis. The financial analysis will review the Airport’s operating revenues and expenses, and non-operating sources and uses of funds. The results will assist the Airport’s policymakers, management, and staff in the identification of the primary functional areas and revenue streams where the Airport’s operating revenues could be enhanced, and operating expenses could be modified to fulfill the City’s to make the airport as financially self-sufficient as possible. AMCG will also conduct an Aeronautical Fee Study to recommend aeronautical fees to help recover the operating and non-operating expenses and will analyze total direct employment and tax revenue generated by the Airport. As the Airport grows, the information gained from the financial study will be critical to ensure that the Airport fund can support the operational and infrastructure enhancements required to sustain that growth. Currently, the Airport Fund balance is being utilized to fund debt associated with infrastructure improvements, a practice that will, over time, utilize the remaining available fund balance. City Hall 215 E. McKinney Street Denton, Texas www.cityofdenton.com RECOMMENDATION Award Amendment No. 1 with Coffman Associates, Inc., to continue to provide financial analysis for the Airport, in a not-to-exceed amount of $71,250, for a total amended contract amount of $86,250. PRINCIPAL PLACE OF BUSINESS Coffman Associates, Inc. Kansas City, KS ESTIMATED SCHEDULE OF PROJECT The proposed scope of services and work plan is twelve (12) weeks from the site visit date. This contract expires on July 26, 2028. FISCAL INFORMATION These services will be funded from the Airport Enterprise Fund project account 200085565.20100. Purchase Order #204005 will be revised to include the first amendment amount of $71,250. The total amended amount of this contract is $86,250. EXHIBITS Exhibit 1: Agenda Information Sheet Exhibit 2: Original Contract Exhibit 2: Ordinance and Contract Respectfully submitted: Lori Hewell, 940-349-7100 Purchasing Manager For information concerning this acquisition, contact: Ryan Adams, 940-349-8565. Legal point of contact: Marcella Lunn at 940-349-8333.