Board meetings, strategic plans, and buyer signals from Elen Asatryan’s organization
Jun 15, 2026·BoardMeeting
Board
Finance and Administration Committee Regular Meeting
The committee discussed several key items for approval, including the amendment of an aviation hangar lease with Delux Public Charter, LLC dba JSX and a consent to sublease for Ameriflight, LLC. Proposed parking rates for the new Replacement Passenger Terminal were reviewed. Additionally, the committee considered a consent to assignment for a development ground lease involving Atlantic Aviation, an amended and restated office space sublease with Atlantic Aviation, and an ownership change consent regarding GAT Airline Ground Support. Financial reports were also presented for review.
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The committee meeting focused on the Part 150 Noise Compatibility Study for the Hollywood Burbank Airport. Discussion topics included an overview of roles and responsibilities for stakeholders and committee members, an explanation of the FAA Part 150 regulatory process, and a review of the existing Noise Compatibility Program implementation status. The committee examined potential new noise abatement, land use, and mitigation measures, including runway departure dispersion, building code amendments for sound attenuation, and the establishment of a Fly Quiet program and additional noise office support. Future steps and the project schedule were also reviewed.
The committee meeting focused on providing updates regarding the Replacement Passenger Terminal project, including a construction status report, ongoing interior and exterior work, and advancements in the concessions program. Additionally, the committee discussed the executive director search process and reviewed pending items scheduled for future meetings.
The Commission discussed several key items, including a lease amendment with the General Services Administration for the Hangar Lease and a license agreement amendment with the City of Burbank for temporary water connections related to the Replacement Passenger Terminal. Approval was granted for an amendment to the professional services agreement with Harris Miller Miller & Hanson, Inc. for outreach services, as well as the award of a purchase order for parking access and revenue control system equipment. Additionally, the Commission reviewed and adopted the proposed fiscal year 2026/2027 annual budget.
Extracted from official board minutes, strategic plans, and video transcripts.
