Board of Airport Commissioners

24. RESOLUTION NO. - Fiscal Year 2023-2024 Passenger Terminal Rates and Charges for Los Angeles International Airport: For the period beginning July 1, 2023 through June 30, 2024, for [a] the Los Angeles International Airport Passenger Terminal Tariff, as amended, [b] agreements for use of passenger terminal space and equipment using the Tariff rates and charges methodology, and [c] the 2023 Amended and Restated Rate Agreement; and rescission of Resolution 27517\nPURPOSE: The purpose of the proposed action is to establish terminal rates and charges for use of passenger terminal space and equipment at Los Angeles International Airport, for period beginning July 1, 2023 through June 30, 2024, based on the Amended Rate Methodology and the 2023 Amended and Restated Rate Agreement. The rates and charges are effective until rescinded and until new rates and charges are adopted by the Board of Airport Commissioners.\nRECOMMENDATIONS: Adoption of the Report requesting that the Board of Airport Commissioners determine that this action is exempt from the California Environmental Quality Act (CEQA) pursuant to Article III, Class 1 (31) of the Los Angeles City CEQA Guidelines; approve the Fiscal Year 2023-2024 Passenger Terminal Rates and Charges for the period beginning July 1, 2023 through June 30, 2024, based on the Amended Rate Methodology for: (a) the Los Angeles International Airport Passenger Terminal Tariff, as amended, and (b) the 2023 Amended and Restated Rate Agreement; further approve the Fiscal Year 2023-2024 Terminal Buildings Rate, based on the Amended Rate Methodology and the 2023 Amended and Restated Rate Agreement for agreements covering: (a) non-aeronautical use of the Los Angeles International Airport passenger terminals as such agreements' rental rate, and (b) concessions agreements covering use of passenger terminal space as such agreements' rental rate; further approve the Fiscal Year 2023-2024 per-square-foot charge for utilities at the passenger terminal buildings for the period from July 1, 2023 through June 30, 2024, as detailed in the staff report; further approve the Concessions Storage Rate for concessions agreements covering use of passenger terminal space at such agreements' concessions storage rental rate; further approve rescission of Resolution 27517, thereby canceling the terminal rates and other charges set by the Board of Airport Commissioners for the period ending June 30, 2023; and authorize the Chief Executive Officer, or designee, to adjust the Fiscal Year 2023-2024 Passenger Terminal Rates and Charges as necessary to correct clerical or calculation errors and as referenced in the staff report, upon approval as to form by the City Attorney. (Tatiana Starostina)\n24 report