Title
Consider a memorandum/resolution accepting a Federal Aviation Administration Airport Infrastructure Grant for the design of the Security Improvements Project at Killeen-Fort Hood Regional Airport.
Summary
DATE: April 18, 2023
TO: Kent Cagle, City Manager
FROM: Mike Wilson, Executive Director of Aviation
SUBJECT: FAA Grant Acceptance for Security Improvements Project
BACKGROUND AND FINDINGS:
The Bipartisan Infrastructure Law, signed into law on November 15, 2021, provides $15 billion in Airport Infrastructure Grants over a five (5) year period for airport-related projects as defined under the existing Airport Improvement Grant and Passenger Facility Charge (PFC) criteria.
The City has been offered a Federal Aviation Administration (FAA) Airport Infrastructure Grant in the amount of $108,810 to fund 90% of the design of the Security Improvements Project at the Killeen-Fort Hood Regional Airport. Matching funds, in the amount of $12,090, will come from the FAA PFC Application that was approved by the FAA on February 16, 2023.
Acceptance of this grant requires the City to make assurances related to the continued availability of the Airport to the public and compliance with a number of federal regulations and standards.
THE ALTERNATIVES CONSIDERED:
1. Do not accept the grant.
2. Accept the grant.
Which alternative is recommended? Why?
Alternative 2 is recommended because:
The project is 100% funded by the Grant and PFC funds; and there is no impact on the Airport operating fund or fund balance.
CONFORMITY TO CITY POLICY:
Yes
FINANCIAL IMPACT:
What is the amount of the expenditure in the current fiscal year? For future years?
The expenditure for FY2023 is $120,900.
Is this a one-time or recurring expenditure?
This is a one-time expenditure.
Is this expenditure budgeted?
Funds will be appropriated in the Aviation AIP Grants Fund account number 524-0515-521.69-01 and the Passenger Facility Charge (PFC) Fund account 529-0510-521.69-0...
Click here for full text