The board meets in regularly scheduled quarterly sessions, on the first Thursday in the months of March, June, September and December during the year. The board may meet as otherwise necessary. The City Clerk's Office is responsible for preparation of an agenda and the administration of the Fund. For information concerning the Panama City Firemen's Pension Fund Board, please call the City Clerk's Office, at 872-3021. The Airport District consists of five persons who are citizens and residents of Bay County.
All terms expire in two years.
The Airport District was created for the purpose of acquiring, constructing, improving, financing, operating and maintaining airport projects and any other development of land owned or leased by the District and necessary to the economic welfare of the inhabitants of the district and which will promote the economic, commercial and industrial development of the district. The Panama City Port Authority was created by a Special Act of the Legislature of the State of Florida to manage the operations of the City's Deep Water Shipping Port. The Port Authority also manages the Port's Industrial District and Foreign Trade Zone. The Panama City Port Authority's Board of Directors are appointed by the City of Panama City Commission. Directors serve four-year terms of office.