Santa Ynez Valley Airport Authority Inc

“Members of syvaa submitted membership applications and were approved as members by the board of directors, subject to ratification by the membership in the subsequent annual meeting. Member voting rights are granted upon acceptance of membership by the board of directors. To qualify as a member an applicant must be a resident of the santa ynez valley union high school district who is dedicated to the purposes and mission of syvaa. Members are classified as users and non-users. A user is defined as someone who is (1) a tenant, occupant of land or of a building on airport grounds, or has a real property interest in the airport, or has been granted contract rights to use the airport; (2) owns, leases, or flies often or regularly one or more aircraft stored or hangared at the airport; or (3) is an agent, associate,employee, parent, spouse, or child of an individual described in (1) or (2). A non-user is an individual who does not otherwise qualify as a user.”

“Members have the right to vote in the election of officers at the annual meeting, typically held in october of each year. In august or september preceding the annual meeting, the membership list is reviewed to determine if a quorum of 154 members is available to vote at the annual meeting.”

“Members have the right to vote in the election of officers at the annual meeting, on the disposition of all or substantially all of syvaa's assets, on any meger and its principle terms and any amendment of those terms, and in the election to dissolve the corporation, if any.”

“Form 990 is reviewed by the board of directors at a regular board meeting, with any questions or issues resolved prior to signing and filing the return.”

“Members of the board of directors complete annual conflict of interest statements which are reviewed by the board of directors at a monthly meeting. The board of directors monitors and reviews any conflicts noted on a case by case basis to monitor and enforce compliance with the conflict of interest policy.”

“The board of directors determines compensation for all employees based on comparable data. Currently a board director is syvaa's operations manager who is paid an hourly rate for hours worked to manage airport daily operations.”

“Governing documents, policies, financial statements, and form 990s are available upon written request to the administration office. Bylaws are available on syvaa's website. Form 990s can also be found on guidestar.org.”

“Syvaa leases, manages, and operates the santa ynez valley airport for the benefit of santa barbara county, the community in which the airport is located, and the airport users. The airport is owned by santa barbara county and is operated by 9 elected volunteers known as the santa ynez valley airport authority.”

“Volunteers serve on the board of directors.”

“Syvaa is under contract with santa barbara county to operate, manage, maintain and improve the airport facilities for a term of 50 years beginning june 1, 1993 and ending july 31, 2043. Upon contract termination all alterations, additions, and improvements become the property of santa barbara county. Airport improvements are subject to the airport layout/land use plan approved by santa barbara county, the state of california, department of transportation, division of aeronautics, and the federal aviation administration for a term of 20 years beginning in june 2004 and updated every 5 years. Current construction in progress totals 239,704. 40 hangars were leased to airport users, and 46 land leases for owner built hangars. Current year rentals also include airport tiedowns, rental cars, glider ride operations, office space, apcd (air pollution control district) and the usfs (u.s. Forestry service) building.”