Title
Consider a memorandum/resolution accepting a Federal Aviation Administration Military Airport Program Grant to construct a new corporate hangar at Killeen-Fort Hood Regional Airport.
Summary
DATE: September 6, 2022
TO: Kent Cagle, City Manager
FROM: Mike Wilson, Executive Director of Aviation
SUBJECT: FAA MAP Grant Acceptance-Construct New Corporate Hangar
BACKGROUND AND FINDINGS:
The Killeen Fort Hood Regional Airport (KFHRA) staff applied to the Federal Aviation Administration (FAA) to be readmitted into the Military Airport Program (MAP) in 2018. The MAP is a program available to civil airport sponsors of joint-use military airfields or former military airports to assist in the transition of a military airfield to joint-use operations. KFHRA had previously been a recipient of MAP funds for construction of the terminal building, aircraft aprons, vehicle parking lots, a hangar, and fueling facilities.
The City has been offered a MAP grant in an amount up to $4,553,070 to fund a portion of a new corporate hangar at KFHRA. A portion of the project is not eligible for FAA funding. The ineligible portion and the required grant match are estimated to be in the amount up to $1,188,897 and would be funded with Aviation funds.
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:
Alternatives considered: (1) do not accept the grant; (2) accept the grant.
Which alternative is recommended? Why?
Alternative 2 is recommended.
1. The project is funded by the MAP grant and Aviation fund balance.
2. The project will provide additional revenue to the Aviation Fund as well provide economic development opportunities for the City.
CONFORMITY TO CITY POLICY:
Yes
FINANCIAL IMPACT:
What is the amount of the expenditure in the current fiscal year? For future years?
FY 2022 - $5,7...
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