TITLE
Consider a memorandum/resolution accepting ratification of an Airport Improvement Program (AIP) Grant.
SUMMARY
AGENDA ITEM
FAA GRANT OFFER - K-FHRA
ORIGINATING DEPARTMENT
Aviation
BACKGROUND INFORMATION
The Federal Aviation Administration (FAA) has offered the City of Killeen a Federal Airport Improvement Program (AIP) Grant to provide FY 2016 federal funding for eligible capital improvement projects at Killeen-Fort Hood Regional Airport and Robert Gray Army Airfield.
DISCUSSION/CONCLUSION
The City has been offered an AIP grant in the amount of $540,000.00 to be used for improvements of the terminal building at the Killeen-Fort Hood Regional Airport and Robert Gray Army Airfield. This grant will fund 90% of the cost of this project. Acceptance of this grant requires the City to make assurances related to the continued availability of the facility to the public and compliance with a number of Federal Regulations and standards.
The grant offer was released by the FAA with a requirement for formal acceptance by the City on or before September 9, a date prior to the next regularly scheduled City Council meeting. Therefore, the City Manager signed the acceptance documents on behalf of the City, pending ratification by the Council at the next regular City Council meeting.
FISCAL IMPACT
Acceptance of this grant will provide revenue of up to $540,000.00 in account number 525-000-382.05-02. PFC funds are available and will be programmed to satisfy the 10% matching requirement.
RECOMMENDATION
City Council ratify the City Managers’ acceptance of Federal Aviation Administration Grant 3-48-0361-026-2016 in the amount of $540,000.00; ratify and adopt all assurances, statements, representations, warranties, covenants, and agreements incorporated into this grant agreement; and authorize the City Manager to execute all necessary grant documents and any and all amendments within the amounts set by state and local law.