(a) The director is authorized to administer the collection of CFC funds consistent with this article. The director may deem an airport rental car company that fails to comply with this section in default, and recommend termination to the city council, of any agreement related to car rental services that the airport rental car company has with the city, regardless of whether the agreement incorporates this section.
(b) The CFC amount to be charged an airport customer is $3.00 per transaction day.
(c) An airport rental car company must:
(1) charge and collect from its customer the total amount of the CFC due under the airport rental car company contract at the time the final number of transaction days are determined and list the CFC separately on the invoice as a customer facility charge;
(2) remit the total amount of the CFC along with supporting documentation in a format approved by the director according to the following deadlines:
(A) for an off-airport rental car company, the CFC must be remitted directly to the city on or before the 15th day of every calendar month following the month in which the CFC was invoiced to the airport customer;
(B) for an on-airport rental car company, the CFC must be remitted pursuant to the terms of its concession contract with the city; and
(3) maintain adequate records that account for the CFC charged to its customers and collected for and remitted to the city, in accordance with generally accepted accounting principles, and make the records available to the city on a monthly basis, or upon request of the director.
(d) The city may use the CFC to pay costs associated with studying, planning, designing, and managing ConRAC projects, and purchasing and improving property related to the development of a ConRAC and other rental car facilities for airport rental car companies. The CFC may also be used to analyze the operational, physical, and financial feasibility of developing ConRAC and other rental car facilities for airport rental car companies as well as for leasing property, paying construction costs, and common use of transportation systems. (Ord. Nos. 8213; 14384; 24859; 31690)