REPORT TO THE CITY COUNCIL
FROM: MARK THORPE, Director of Aviation
Airports Department
BY: JOSHUA CASTELLANO-GONZALEZ, Assistant Director of Finance and Administration
Airports Department
CRISTAL DE LA TORRE, Projects Administrator
Airports Department
SUBJECT
Title
Approve the Consultant Services Agreement with WJ Advisors, LLC, to provide financial consulting and capital finance planning services for Fresno Yosemite International Airport (FAT) in an amount not to exceed $1,000,000, effective through June 30, 2031
Body
RECOMMENDATION
Staff recommends approval of a Consultant Services Agreement with WJ Advisors, LLC, in the amount of $1,000,000, effective through June 30, 2031, to provide financial consulting and capital finance planning services for Fresno Yosemite International Airport (FAT) and to authorize the Director of Aviation or designee to execute the agreement on behalf of the City.
EXECUTIVE SUMMARY
The City of Fresno Airports Department engages financial consulting services to ensure effective implementation of its airline rates and charges, administration of the Passenger Facility Charge (PFC) Program, tenant lease negotiations, and the financial structuring of capital projects. These specialized services help the Department maintain regulatory compliance, support strategic decision-making, and sustain long-term financial stability.
This action authorizes approval of an on-call Consultant Services Agreement with WJ Advisors, providing support for PFC applications, airline rates and charges, concession program RFP development-including advertising-and broader financial strategy and capital program planning.
Approval of this agreement, in an amount not to exceed $1,000,000 through June 30, 2031, ensures the Airports Department maintains consistent, expert financial support aligned with its operational and strategic needs.
BACKGROUND
The City of Fresno Airports Department requires these services to continue our capital program...
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