2007/10/17 Council Agenda Packet

9 decision algorithms each uses to identify airports with the potential to support scheduled commercial service. The compared and reconciled Paine Field forecasts will be assessed against each airline's airport decision algorithm. The results of these assessments will be used as additional input to evaluating the likelihood and magnitude of future scheduled commercial air service at Paine Field. The fourth, and final, task in Phase 1 will be a report to Economic Development, City of Everett, containing (a) findings about the likely future magnitude of aircraft operations at Paine Field, by type of operation including number of daily flights and projected destinations; (b) the likelihood and magnitude of future scheduled commercial air service at Paine Field; and (c) recommendations for conducting an analysis of the impacts, benefits and costs of scheduled commercial air service—should such a study be warranted.. Phase 2 Task One of Phase 2 will estimate benefits that scheduled commercial service at Paine Field will have as measured by: • business retention in Everett, • tourism attraction/development in Everett, • other business attraction/development in Everett, • business activity in Everett- as measured in business revenues; • employment in Everett, • City tax revenues in Everett, • travel time savings by persons flying out of Paine Field, • travel cost savings to persons flying out of Paine Field. Task Two will estimate the costs that scheduled commercial service at Paine Field will have as measured by: • potential adverse environmental effects on neighborhoods surrounding Paine Field, • potential increases in noise levels, • potential increases in traffic levels, • potential adverse effects on public safety/health, • reduced (absolute or relative) property values, • any costs to the City of Everett if scheduled commercial services were provided. Page 9