SARASOTA -- Parking at the Sarasota-Bradenton International Airport will cost a dollar more a day in the short-term parking lot starting Oct. 1.
The parking increase is part of the $21.1 million fiscal 2014 budget approved Monday by the Sarasota-Manatee Airport Authority 4-0. Authority members Carlos Beruff and chairman Henry Rodriguez were absent.
Beggining Oct. 1, themaximum daily rate forthe short-term parkinglot will increase $1 to $14, putting it on par with the
St. Petersburg-Clearwater International Airport, but still remaining the cheapest in the region. Punta Gorda Airport has the most expensive short-term maximum rate at $24. No hourly rates will be changed, and the long-term parking rates will be untouched.
In other another move, the authority also approved 4-0 the purchase of 76 acres of land at 2105 Tallevast Road for $1.8 million.
The airport plans to bank the land for investment, waiting for future development opportunities or could flip it in a sale, said Frederick "Rick" Piccolo, president and chief executive officer of SRQ airport.
The purchase also includes $100,000 to reimburse authority board member Carlos Beruff for his down payment on the property and appraisal services, Piccolo said.
Beruff held a contract for the property, but reassigned the contract to the airport after the airport expressed interest in the land, Piccolo said.
Beruff will not profit from the sale, he said.
"He is not making one thin dime on this," Piccolo said.
Charles Schelle, business reporter, can be reachedat 941-745-7095. Follow him on Twitter @ImYourChuck.