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HomeMy WebLinkAboutRES 101425-5.H - Airport Fuel Pricing PolicyRESOLUTION NO. l 191 Z ? `'5• H A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, ADOPTING THE AIRPORT FUEL PRICING POLICY PURSUANT TO SECTION 12.32.100 OF THE CODE OF ORDINANCES; REPEALING CONFLICTING RESOLUTIONS; INCLUDING A SEVERABILITY CLAUSE; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the City requires all fuel for sale on the Airport must be purchased from the City of Georgetown Airport Fuel Storage Facility; and WHEREAS, the City Council determines Airport fuel flow fees and margin rates for fuel sales at the Airport; and WHEREAS, Section 12.32.100 of the Code of Ordinances allows the City Manager to establish regulations, policies, and fees governing Airport fuel sales as long as the City Council is updated with any fuel sales policy changes within one year following any change; and WHEREAS, on September 9, 2025, the City Council was briefed on the proposed Airport Fuel Pricing Policy; and WHEREAS, the City Council finds that adopting the Fuel Pricing Policy, as set out herein, will be in the best interest of the public and provide the Airport with the flexibility to adjust fuel prices needed in order for the Airport to maintain financial self-sustainability. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS: Section 1. The meeting at which this resolution was approved was conducted in compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. Section 2. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. Section 3. The Fuel Pricing Policy, as attached hereto as Exhibit A, is hereby adopted. Section 4. All resolutions that conflict with the provisions of this resolution are hereby repealed, and all other resolutions of the City not in conflict with the provisions of this resolution shall remain in full force and effect. Section 5. If any provision of this resolution, or application thereof, to any person or circumstance, shall be held invalid, such invalidity shall not affect the other provisions, or application thereof, of this resolution, which can be given effect without the invalid provision or application, and to this end the provisions of this resolution are hereby declared to be severable. Resolution Number: 2025- .1 o 1 T ? -.5, k1 Page 1 of 2 Subject: Airport Fuel Pricing Policy Adoption Date Approved: October 14, 2025 Section 6. The Mayor is hereby authorized to sign this resolution and the City Secretary to attest. This resolution shall become effective and be in full force and effect November 1, 2025 in accordance with the provisions of the City Charter of the City of Georgetown. PASSED AND APPROVED on the ILf - of 0CJnJpa-C, 2025. //, ATTEST: THE C ITY OF GEORGETOWN: Robyn Den ore, City Secretary APPROVED AS TO FORM: Skye Wsson, City Attorney Schroeder, Mayor Resolution Number: 2025- /O/ LS ,5, H Page 2 of 2 Subject: Airport Fuel Pricing Policy Adoption Date Approved: October 14, 2025 EXHIBIT A GEORGETOWN Fuel Pricing Policy - Standard ExecutiveAirport Operating Procedures FUEL PRICING POLICY The Airport has developed a policy to offer fuel rates based on a cost recovery method that balances market demand and federal obligations to maintain the economic self-sufficiency of the Airport. This policy also provides transparency to our stakeholders. JET A/AvGas 10OLL Storage Markup Rates The City of Georgetown City Council sets the bulk storage markup rates for JET A and 100LL/AvGas for the Georgetown Executive Airport. The rates are as follows: 1. Jet A Bulk Storage Markup - $0.50/gallon 2. 100LL AvGas Bulk Storage Markup - $0.52/gallon Fuel Flowage Fee Markup Rates The City of Georgetown City Council sets the Fuel Flowage Fee (FFE) for JET A and 100LL rates for the Airport. The FFE assists the Airport in recovering airfield operating costs in lieu of a landing fee. The rates are as follows. 1. Fuel Flowage Fee (FEE) - $0.1542/gallon Self -Serve 100LL Markup Rates The Airport operates two self -serve 100LL/AvGas pumps near the Terminal ramp on a retail basis. The markup on 100LL/AvGas is based on AvGas self -serve rate sheet, local market conditions, and/or cost recovery, as shown below: 1. 100LL/AvGas Self -Serve Markup. $0.80/gallon + FFE = $0.9542/gallon 2. Local market conditions. Based on local market conditions, the airport has the discretion to increase/decrease the 100LL/Avgas Self -Serve markup rates +/- 20%. 3. Cost recovery markup. When the AvGas self -serve rate differs from the actual cost of fuel provided to the City, the markup may reflect any increased actual cost of fuel. Notice of Fuel Price Changes The Airport receives wholesale fuel prices from its current vendor (Avfuel) weekly and updates our rates accordingly based on such prices. All taxes and fees will be included separately from the markups and FFE. Fuel price changes will be posted prior to implementation. The Airport will post fuel price changes weekly and no earlier than Tuesday by 10:00 a.m. GEORGETOWN Fuel Pricing Policy - Standard Executh e Airport Operating Procedures FUEL PRICING POLICY The Airport has developed a policy to offer fuel rates based on a cost recovery method that balances market demand and federal obligations to maintain the economic self-sufficiency of the Airport. This policy also provides transparency to our stakeholders. JET A/AvGas 100LL Storage Markup Rates The City of Georgetown City Council sets the bulk storage markup rates for JET A and 100LL/AvGas for the Georgetown Executive Airport. The rates are as follows: 1. Jet A Bulk Storage Markup - $0.50/gallon 2. 100LL AvGas Bulk Storage Markup - $0.52/gallon Fuel Flowage Fee Markup Rates The City of Georgetown City Council sets the Fuel Flowage Fee (FFE) for JET A and 100LL rates for the Airport. The FFE assists the Airport in recovering airfield operating costs in lieu of a landing fee. The rates are as follows. 1. Fuel Flowage Fee (FEE) - $0.1542/gallon Self -Serve 100LL Markup Rates The Airport operates two self -serve 100LL/AvGas pumps near the Terminal ramp on a retail basis. The markup on 100LL/AvGas is based on AvGas self -serve rate sheet, local market conditions, and/or cost recovery, as shown below: 1. 100LL/AvGas Self -Serve Markup. $0.80/gallon + FFE _ $0.9542/gallon 2. Local market conditions. Based on local market conditions, the airport has the discretion to increase/decrease the 100LL/Avgas Self -Serve markup rates +/- 20%. 3. Cost recovery markup. When the AvGas self -serve rate differs from the actual cost of fuel provided to the City, the markup may reflect any increased actual cost of fuel. Notice of Fuel Price Changes The Airport receives wholesale fuel prices from its current vendor (Avfuel) weekly and updates our rates accordingly based on such prices. All taxes and fees will be included separately from the markups and FFE. Fuel price changes will be posted prior to implementation. The Airport will post fuel price changes weekly and no earlier than Tuesday by 10:00 a.m.