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Regular Council Meeting. June 14, 2021 Page 6 the next Airport Manager and FBO, and authorize the City Manager and City Attorney to prepare a Bill of Sale to be brought back at the next City Council meeting. Mr. Path explained that Jerry Richey with JR Aviation had informed him that he wishes to retire and terminate both his Fixed Based Operator Management Lease Agreement and Agreement for Airport Management of the City of Paris Municipal Cox Field Airport. Mr. Path said the Airport Management Agreement upon termination would revert back to the City for overall management but that was not the same of the FBO Agreement. Mr. Path also said that Mr. Richey had asked the City if it would like first right to purchase his FBO Agreement. Mr. Path explained the City did not pay Mr. Richey for his FBO Agreement, but did for the Management Agreement. Mr. Path said Mr. Richey had given the City an asking price of $89,000.00 which would include ownership of two fueling trucks, some small equipment and buyout of the remaining contract. Mr. Path said City Staff believed $89,000.00 to be a fair asking price and recommended approval. He also said the City would need to purchase an approximate 10,000 gallons of fuel for a price of approximately $25,000 - $30,000 and that Mr. Richey had agreed to sell the City the fuel for the price he paid. Mr. Path said the actual number of gallons and price would be determined based on the day that was set in the agreement as fuel was continuously being purchased and sold at the airport. Mr. Path explained if the City purchases the FBO and equipment, it would assume control of the Airport through a full-time employee. He said Mr. Richey would carry the City over to this point and then transition with the new employee. Mr. Path estimated approximately three months from start to finish, assuming the City found a full-time employee to hire. He said if the City could not find a full-time employee, it would have to revisit hiring another third party contractor. Council Member Pankaj inquired if Mr. Path had any leads on a full-time employee. Mr. Path said a job description had been written. Council Member Savage asked if two part-time employees had been considered instead of one full-time employee. Mr. Path explained that a full-time employee was needed at the airport. A Motion to approve this item was made by Council Member Savage and seconded by Council Member Knox. Motion carried, 7 ayes — 0 nays. 15. Discuss and act on procedures for the appointment of the board and commission members. City Clerk Janice Ellis explained the City Council would be appointing members to the boards and commissions at their next meeting. She inquired if they wished to follow the procedure similar as to what they did last year, which was scoring applicants on a point system and then the applicants with the highest number of points would be nominated to each board or commission. Ms. Ellis said prior to last year, the Mayor would open the floor, accept nominations and vote on the applicants. City Council Members favored the procedure where they score applicants on a point system. City Attorney Stephanie Harris reminded City Council that it would be necessary to still vote on the applicants who received the highest number of points.