I don’t know much about business law but maybe it’s about time to review the MidAmerica Airport director’s contract. From what I gather, those involved are still operating under original verbiage written to cover January 2003-December 2003.
It’s past time for an audit of both the contract and its oversight. This would be in the best interest of both county and taxpayers.
The director, already one of the county’s highest-paid employees, reportedly reaped over $15,000 in 2015 bonuses for Allegiant Air’s continued operation and slow expansion of flight operations. Thousands more were awarded for new interstate-side billboards and a new terminal concessionaire contract.
Is an annual bonus of $1 for each of the first 10,000 passengers still a viable incentive? Allegiant boarded 31,458 passengers last year and expects more in 2016. Maybe the bonus scale should start low and build as opposed to its current structure where most of bonus money is paid for the earlier passengers as opposed to 10,001-50,000 (a dime each) or the 50,001 and up (a nickel each) for later pay.
Never miss a local story.
Do contracts for billboards and a concessionaire really meet the contract criteria as “new service providers” requiring a minimum of a 2-year lease and real economic impact?
The director’s bonus comes while the airport continues to operate in the red with a reported $900,000 operating deficit in 2015.
It appears there is fiddling while MAA continues to burn taxpayers’ dollars while county leadership stands by and applauds.
Bill Malec, O’Fallon