Title
Airport Federal Aviation Administration Grant Acceptance
Action
Action:
Adopt a resolution accepting a grant in the amount of $3,000,000 from the Federal Aviation Administration for Airport projects.
Body
Staff Resource(s):
Brent Cagle, Aviation
Jack Christine, Aviation
Explanation
§ The Federal Aviation Administration annually apportions Airport Improvement Program funds into several categories. Any remaining funds are considered discretionary and distributed based on a national prioritization system.
§ The total amount of the discretionary grant funding for Fiscal Year 2018 is $3,000,000.
§ Per the grant terms, proceeds from this grant will fund 75 percent of the project cost for the reimbursement of the Environmental Impact Statement.
§ Aviation will pay for the remaining 25 percent of the project costs, which is $1,000,000.
§ The Aviation Department intends to seek approval from the Federal Aviation Administration to reimburse local funds spent with future Passenger Facility Charge funds.
§ This activity is occurring on airport property, Council District 3.
Fiscal Note
Funding: Aviation Community Investment Plan
Attachments
Attachment(s)
Resolution