TITLE
Consider a memorandum/resolution accepting a Defense Economic Adjustment Assistance Grant (DEAAG) agreement.
SUMMARY
AGENDA ITEM
Office of the Governor DEAAG Agreement
ORIGINATING DEPARTMENT
Aviation
BACKGROUND INFORMATION
The Office of the Governor has offered the City of Killeen a Defense Economic Adjustment Assistance Grant (DEAAG) to provide funding for the repair and rehabilitation of the Army Radar Approach Control (ARAC) at Robert Gray Army Airfield.
DISCUSSION/CONCLUSION
The City has been offered the DEAAG in the amount of $3,475,000.00. This grant will fund 65% of the project cost. The remaining project cost will be funded by the United States Army Garrison at Fort Hood (USAG-FH), the Killeen Economic Development Corporation (KEDC), and in-kind services provided by the USAG-FH and the City. This agreement stipulates the obligations of each party regarding the expenditure of DEAAG funds.
Acceptance of the agreement requires the City to make certain assurances related to compliance with the Uniform State Grant Assurances and Standards.
FISCAL IMPACT
Acceptance of this grant will provide revenue of up to $3,475,000.00 in account number 528-0000-382.05-03.
RECOMMENDATION
Staff recommends that the City Council accept the Office of the Governor DEAAG in the amount of $3,475,000 and ratify and adopt all assurances, statements, representations, warranties, covenants, and agreements incorporated into this grant agreement, authorize the City Manager to execute the agreement and all necessary grant documents, and expressly authorize the City Manager to execute any and all amendments within the amounts set by state and local law.