successful conclusion as the original proposal contained an exemption for Pilatus from any tariffs. Additionally, they are on track and have accelerated their development plans for Phase 2 of the project, which was to start in another two years.

Item 7. Items Needing Action - Over $500,000 Threshold

7.1 Approval of Contract Bonus to DeAngelis-Diamond/Magnum Builders for Terminal Expansion Project

MOTION: Commissioner Beruff motioned approval of Contract Bonus to DeAngelis-Diamond/Magnum Builders for Terminal Expansion Project as proposed.

Commissioner Holder seconded.

MOTION PASSED UNANIMOUSLY (4-0).

7.2 Approval of GMP Proposal from DeAngelis Diamond/Magnum builders for WP6d Glass Block Replacement Project

Following questions from the Board, Mr. Piccolo advised that due to water accumulation and the age of the terminal, the glass block in the center of the terminal, including certain doors will be replaced with regular glass. Mr. Jason Smith, DeAngelis Diamond/Magnum Builders representative, addressed the Board on the scope of the project and advised it is a six-month project that will start after the product is ordered, which will be immediately after the first of next year.

MOTION: Commissioner Beruff motioned to approve the GMP Proposal from DeAngelis Diamond/Magnum builders for WP6d Glass Block Replacement Project as proposed. Commissioner Holder seconded.

MOTION PASSED UNANIMOUSLY (4-0).

Item 8. Department Reports Accepted

8.1 Financial Statements

8.2 Investment Portfolio

8.3 Finance & Administration

8.4 Real Estate Development & Properties

8.5 ARFF, Operations & Police

Minutes for September 29, 2025, Regular Board Meeting