13.03.040 Contents of Business Application.
(1) A prospective operator shall submit an official application to the Airport Manager which includes the following information and, thereafter, such additional information as may be reasonably requested by the City. The City shall provide reasonable safeguards to insure that its promotional efforts and licensing of various businesses or activities at the Provo Municipal Airport are in compliance with the Airport Master Plan and other applicable planning documents, and do not damage the Airport’s overall revenue production capacity, compromise safety or operational efficiency, or otherwise degrade the airport’s ability to provide viable business and development opportunities and necessary customer services to airport users and the general public.
(2) As a prerequisite to the granting of an operation privilege on the Airport, a prospective operator shall submit a detailed description of its justification for establishing a new business, the scope of the intended operation, and the means and methods to be employed to accomplish the contemplated operation standards and requirements in order to provide high quality service to the aviation and general public in the airport air service area, including but not limited to, the following:
(a) Purpose and need justification. A prospective operator shall provide a comprehensive statement, satisfactory to the City, identifying the purpose of the new business being applied for, and demonstrating adequate justification and need for such new business on the airport. Elements of said justification shall include the following:
(i) description of the proposed operation or business, including the names and addresses of principals involved that establishes it as a fixed base operator or aviation service operator normal to the operations of, and compatible with, the daily operations of the Provo Municipal Airport;
(ii) the name, address and telephone number of the applicant;
(iii) the requested or proposed date for commencement of the activity and the term of conducting the same;
(iv) the services to be offered;
(v) the amount, size and location of land to be leased;
(vi) the size and position of the building space to be constructed or leased;
(vii) the number of aircraft to be provided (as applicable);
(viii) the number of persons to be employed (including the name and qualification of each person within the organization);
(ix) the proposed hours of operation;
(x) the number and types of insurance coverage to be maintained;
(xi) demographic information applicable to the Provo Municipal Airport, showing areas of unmet demand or service levels not currently being provided by established airport operators, including a market analysis showing current levels of airport business and projected future levels that will allow the establishment of new operators without compromising overall business revenues currently being received by the City from the operation of airport;
(xii) demonstration of need for a new operator, including a statement of how the proposed new operation will address unmet demands or service levels to the benefit of the airport, airport users and the public;
(xiii) a comprehensive business plan, utilizing the above demographic information, that:
(A) shows financial viability and long term projections of the proposed operation;
(B) articulates the benefits of the business to the City and its compatibility with other businesses and operators at the Provo Municipal Airport; and
(C) establishes that the proposed new operation is capable of success based on development of excess or currently unmet market demand for goods and services, and future potential, as opposed to simply attempting to capture portions of the current market being serviced by existing operators;
(xiv) justification for the proposed location of the new operation, including a showing that normal operations and associated ground and aircraft traffic will not conflict with or compromise the safety and efficiency of airport operations, or businesses adjacent to airport;
(xv) show that the location and development of the new operation will comply with the airport master plan and any other City planning documents addressing current and future land uses on the proposed business location at the Provo Municipal Airport; and
(xvi) a statement indicating why the proposed operation and its associated development represents the “highest and best” utilization of the specific property identified for the proposed development, and its specific benefits to the City and airport, other businesses and operators located on the airport, airport users and the general public.
(b) Financial and managerial responsibility and capability. The prospective operator shall provide a statement, satisfactory to the City, that establishes the operator’s financial responsibility from a Utah bank or trust company or from such other source acceptable to the City and readily verified through normal banking channels. The prospective operator shall also demonstrate financial capability to initiate operations and construct improvements and appurtenances that may be required for proposed operation, or operations. The statement shall also indicate the operator’s ability to provide working capital to carry on the contemplated operations once initiated. The demonstration of financial and managerial capability shall include a cash flow and profit and loss projection for the first five (5) years of the proposed operation.
(c) Experience. The prospective operator shall furnish a statement of past experience in the specified aviation services to be provided on the airport, together with a statement that the operator has the managerial ability to perform the selected services.