Derrick Grinnell

The meeting agenda was approved. During the public comment session, an individual addressed the Board concerning the potential development of an information center in downtown Grand Rapids. A special presentation was given for the annual Guest Champion recognition award, which was received by an individual from SP Plus for outstanding work. The Consent Agenda included approval for Authority Board Minutes from January 28, 2026, a resolution concerning Concourse B -- Passenger Boarding Bridge Improvements, and a resolution related to the Ground Support Equipment (GSE) Fuel Farm Expansion. Reports covering project/construction, public safety/operations, maintenance/asset management, and media were also covered under the consent agenda, representing an investment of $7.7 million in facilities. The President and CEO provided his report.

The committee addressed several key items, including the approval of the previous meeting's minutes from November 12, 2025, and updates on ongoing projects. Discussions included the refurbishment of eight Passenger Boarding Bridges (PBBs) on Concourse B, for which contracting authority not to exceed $3,415,753 was approved. Furthermore, the committee approved contracting authority up to $4,350,000 for the expansion of the Ground Support Equipment (GSE) Fuel Farm to improve fueling operations and accommodate airline glycol tanks. An update on Airport Satisfaction Quality (ASQ) results for the fourth quarter of 2025 was presented, showing an overall satisfaction score of 4.71 out of 5. A report on the status of current construction and projects for February 2026 was also reviewed.

The Operations and Marketing Committee addressed several key agenda items. The committee approved contracting authority not to exceed $2,900,000 for campus wayfinding improvements, which involves replacing existing roadway signage with new foundations and signage following the completion of the design phase by Mijksenaar. Furthermore, the committee approved the scope of work for the 2026 annual Environmental Services contract with LimnoTech, Inc., which includes ongoing work related to NPDES permit renewal and negotiations, and stormwater permitting negotiations with the State of Michigan. Finally, contracting authority not to exceed $5,000,000 was approved for the extension of Taxiway L to support future development of site 4. Other updates included a review of construction projects and an announcement regarding the airport being a finalist for two ACI awards.

The Finance and Legislative Committee meeting addressed several key financial and operational items. Discussions included a review and approval of the 2026 Annual Operating Budget, which incorporated noted adjustments. The committee also reviewed and approved the 2026 Rates and Charges Resolution, reflecting necessary adjustments. Furthermore, the 2026 Capital Budget and the 2027-2031 Capital Improvement Plan were reviewed, with confirmation that no changes had occurred since the previous month's approval. A general financial update was also provided.

The Finance and Legislative Committee meeting included a financial update provided by Mrs. Kim. The primary substantive item discussed was Resolution 26-1 concerning the Kraft Avenue Properties, LLC property lease. The committee reviewed a request from the property owner to lease 4,798 square feet of land for a 20-year period to satisfy building setback requirements for the HVAC manufacturing facilities utilized by Trane. The committee unanimously recommended authorizing the President & CEO to execute the Lease Agreement.