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Chairman Incrocci called the meeting to order at 1:00 p.m. Commissioner Spencer gave the invocation and led the pledge of allegiance to the flag.

Chairman Incrocci, on behalf of the Authority, thanked everyone involved in the emergency response to the December 19 vehicle crash in the baggage area, having the temporary building repairs completed by sunrise the same morning and the permanent repairs completed 11 days later. Great job by all.

Mr. Lange introduced New employees Marc Bicking and Tyrone Mack, Traffic Control Specialists, and Jose Yengle, Technical Support Specialist, to the Board.

Ms. Pam Hill, Partner, with Plante Moran, presented the airport's annual financials for year-end September 30, 2019, and gave a brief presentation of the audit findings. She reviewed the audit process and results of the audit for the Board and noted they have received the management representation letter from staff. All documents and information received were factual and the Board should feel confident with the information they are given from staff. Plante Moran has issued the required Management Letter noting an unmodified opinion on all compliances, the highest level of assurance that can be provided. All financial statements may be relied upon by the Board for upcoming financial decisions, with no disagreements or difficulties noted in obtaining audit information from airport management. She discussed key measures in the audit including the 38.1% increase in enplanements over the prior year that caused an increase of 24.5% operating revenues in concessions, parking fees and building rental. The strong financial health of the airport, which has no debt, is uniquely positioned to continue moving forward on growth and expansion.

Ms. Hill thanked the management for their help and stated that the airport's finance team is top notch and the accuracy of the report would not be possible without the controls they work to maintain.