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68 Estimating Market Value and Establishing Market Rent at Small Airports Federal Aviation Administration. 2009. Northwest Airlines et al. v. Indianapolis Airport Authority. Part 16 Decision. (FAA Docket 16-07-04). Federal Aviation Administration. 2012. General Aviation Airports: A National Asset (Asset 1). Federal Aviation Administration. 2014. In-Depth Review of 497 Unclassified Airports (Asset 2). Federal Aviation Administration. 2016. National Plan of Integrated Airport Systems (NPIAS). Federal Aviation Administration. 2016. Policy on the Non-Aeronautical Use of Airport Hangars. Federal Aviation Administration. 2016. Uniform Appraisal Standards for Federal Land Acquisitions. Federal Aviation Administration. 2017. Comav LLC, Comav Technical Services LLC v. Southern California Logistics Airport Authority. Part 16 Decision. (FAA Docket 16-16-10). Federal Aviation Administration. 2017. Part 13.1 Informal Complaint Follow-Up, Carson City Airport, Nevada. Federal Aviation Administration. 2018. Compliance Guidance Letter 2018-3, Appraisal Standards for the Sale and Disposal of Federally Obligated Airport Property. Federal Aviation Administration. 2018. FAA Reauthorization Act of 2018. Federal Aviation Administration. 2018. Michael Pelzer and Pegasus Parachuting Services v. The State of Michigan. Part 16 Decision. (FAA Docket No. 16-16-05). The Center for Urban Transportation Research, University of South Florida. 2012. Guidelines for Determining Market Value & Market Rent of Airport Property. Florida Department of Transportation. U.S. Government Accountability Office. 2014. âAirport Funding Aviation Industry Changes Affect Airport Development Costs and Financing.â Testimony Before the Subcommittee on Aviation, Committee on Trans- portation and Infrastructure, House of Representatives. Willis, K. C. 2009. âDeveloping an Airport Leasing Policy: Best Management Practices for General Aviation Airports.â Presented at ANE Winter Conference. Wisconsin Department of Transportation. (n.d.). Airport Leases: An Airport Owner and Management Reference Document. Bureau of Aeronautics. Industry Articles Budd, Pitfield, and Richardson. âThe Impact of Airline Lease Agreement on the Financial Performance of U.S. Hub Airports.â Journal of Air Transport Management, 2014. Deweese, G. S. âValuing the Leased Fee Interest Subject to a Ground LeaseâHow and Why the Details Matter.â The Appraisal Journal, Vol. 85, Issue 1, pp.18â27, 2017. Hodges, M. A. âNot Yesterdayâs LeaseâRevisited.â AviationPros, 2016. Hodges, M. A. âReversion Clauses Revisited.â AviationPros, December 18, 2016. Hodges, M. A. âThe Elusiveness of Market Rent.â AviationPros, October 21, 2009. Hufstader, L. âAirport Tenants Face Rent Increases.â Vineyard Gazette, November 16, 2017. Kohlman, J. A. âChanging Landscape of FBO Services.â Aviation Business Journal, 1st Quarter 2017, pp. 55â65. Kohlman, J. A. âNegotiating: 101.â Florida Aviation Business, Winter 2006, pp. 26â27. Kohlman, J. A. âStrategic Business Planning 101.â Florida Aviation Business, Winter 2010, pp. 25â26. Lange, P., and N. Lapenta. âAirport Revenue Diversion: An Introduction.â Airport Business Journal, 3rd Quarter 2016, pp. 67â77. Lindsey, T. J. âAn Introduction to the Valuation of Aircraft HangarsâPart 1.â The Appraisal Journal, 2008. Lindsey, T. J. âAn Introduction to the Valuation of Aircraft HangarsâPart 2.â The Appraisal Journal, 2008. Messina and Smith. âEmerging Trends in Airport-Airline Use and Lease Agreements in the USA.â Airport Management, Vol. 10, No. 3, 2016, pp. 273â282. Meyers, P. A. âWalk a Mile in My Shoes: The Art and Science of Doing Business with Airport Sponsors.â Aviation Business Journal, 1st Quarter 2013, pp. 16â21. Meyers, P. A. âWalk a Mile in My Shoes: The Art and Science of Doing Business with Airport Sponsors.â Aviation Business Journal, 2nd Quarter 2013, pp. 18â21. Meyers, P. A. âWalk a Mile in My Shoes: The Art and Science of Doing Business with Airport Sponsors.â Aviation Business Journal, 3rd Quarter 2013, pp. 52â55. Panuska, M. âMARC Train Lot Division Among Proposed Fee Changes Set for Aldermenâs Approval.â The Frederick News Post, April 30, 2018. Perkins, W. D. âLet Me Tell You How It Will Be: Paying the Taxman.â Airport & Aviation Appraisals, Inc. Retrieved from http://www.airportappraisals.com/includes/articles/Article-Tax.pdf. Perkins, W. D. âOne Airport Value Will Not Fit All Airport Tenants.â Airport & Aviation Appraisals, Inc. Retrieved from http://www.airportappraisals.com/includes/articles/Article-Value.pdf. Perkins, W. D. âUtilizing Appraisals as Constructive Negotiating Tools.â Airport & Aviation Appraisals, Inc. Retrieved from http://www.airportappraisals.com/includes/articles/Article-NegTool.pdf.
Bibliography 69 Prather, B. Leases, From a Developers Point of View. Retrieved from http://www.aviationpros.com/article/ 10456096/leases-a-developers-point-of-view. December 2011. Sevelka, T. âGround Leases: Rent Reset Valuation Issues.â Appraisal Journal, 2011. Industry Documentation 2016 ACI/IPI Parking Survey Results. InterVISTAS Consulting, Inc. March 2017. Aircraft Owners and Pilots Association. Aircraft Hangar Development Guide: A Valuable Airport Resource. 2005. Benner, D. C. 2017. âGeneral Aviation Minimum Standards and Lease Approaches.â Presented at ACI-NA Legal Affairs Spring Conference, Amelia Island, FL. City of Aberdeen. 2017. âAirport Rent Study: Aberdeen Flying Service, Quest Aviation Hangar 9.â City of Arcadia. 2015. âAppraisal Report.â City of Austin. 2017. Ground Lease Agreement by and Between the City of Austin Department of Aviation and Austin-Bergstrom Landhost Enterprises, Inc. City of Battle Creek. 2017. âGeneral Aviation Leasing/Rents and Fees Policy.â City of Corpus Christi. 2018. âAppraisal Report: Corpus Christi International Airport, Parcels B1, C1 and C2, West General Aviation, East General Aviation.â City of Hayward. 2017. âAirport Rent Study: T-Hangars and Executive Hangars.â City of Lincoln. 2017. General Aviation Leasing/Rents and Fees PolicyâFor Ground Leases, Hangar Leases, Tiedowns Space, and License and Use Agreements. City of Salem. 2013. âSalem Municipal AirportâMcNary Field Airport Lease Policy.â Dictionary of Real Estate Appraisal, 6th Edition. Appraisal Institute. 2015. Dunn, B., K. Holt, K. Johnson, and J. Collins. 2000. AOPAâs Guide to Airport Compliance. Regional Affairs Department. Aircraft Ownerâs and Pilots Association. Galaty, F. W., W. J. Allaway, and C. R. Kyle. 2010. Modern Real Estate Practice. DF Institute, Inc. Garrison, C. 2011. âAirport Land Use: Obligations and Best Practices.â Presented at Airport Council International Workshop, San Antonio, TX. Kirsch, P., and D. Reimer. âSession 9: Strategies for Non-Aeronautical Development.â Presented at the 32nd Annual American Association of Airport Executives Basics of Airport Law Workshop and 2016 Legal Update, San Francisco, CA. Lake Havasu City. Airport Lease Policy and Property Management Plan. McAtee, K. P. âCamarillo Airport and Oxnard Airport Hangar Valuation Analysis.â Ventura County, Hoffman Vance & Worthington, Inc., Ventura, CA. 2016. Michigan Department of Transportation. Guidelines For: Airport Land Release, Concurrent Users, Non- Aeronautical Agreements. 2016. Midland International Airport. 2005. âAirport Leasing Policy.â Montana Aeronautics Division. Sample FBO Lease Agreement. Retrieved from https://www.mdt.mt.gov/ aviation/docs/sample-generic-fbo-lease.pdf. National Association of REALTORS®. Code of Ethics and Standards of Practice. 2018. Robert, K. S. âAirport Finance: A Brief Overview.â Penny Hill Press. Damascus, MD. 1998. Trimborn, R. D. 2018. âDealing with Reversionary Rights.â Presented at Association of California Airports 2018 Annual Conference, South Lake Tahoe, CA. Truckee Tahoe Airport District. 2016. âGeneral Aviation Leasing/Rents and Fees Policy.â Wilson, D. December Newsletter, FBO Partners. December 2014. Wilson, D. April Newsletter, FBO Partners. April 2015.