TITLE
Consider a memorandum/resolution accepting a Coronavirus Response and Relief Supplemental Appropriation (CRRSA) Act Airport Grant and Concession Relief Addendum.
SUMMARY
DATE: April 6, 2021
TO: Kent Cagle, City Manager
FROM: Mike Wilson, Executive Director of Aviation
SUBJECT: CRRSA Act Airport Grant and Concession Relief Addendum Acceptance
BACKGROUND AND FINDINGS:
The Coronavirus Response and Relief Supplemental Appropriation (CRRSA) Act, Public Law 116-260, signed into law by the President on December 27, 2020, includes nearly $2 Billion in funds to be awarded to eligible U.S. airports to prevent, prepare for, and respond to the COVID-19 pandemic.
The FAA offered the City a CRRSA Act Airport Grant in the amount of $1,758,480 for the Killeen-Fort Hood Regional Airport. This grant can only be used for costs related to operations, personnel, cleaning, sanitization, janitorial services, combating the spread of pathogens, and debt service payments. The City has also been offered a CRRSA Concessions Relief Addendum to this grant, in the amount of $37,830, which provides relief from rent and minimum annual guarantees for eligible airport concessions.
THE ALTERNATIVES CONSIDERED:
Alternatives considered: (1) reject the grant and the addendum; (2) accept the grant and the addendum.
Which alternative is recommended? Why?
Alternative 2 is recommended. There are no available, reasonable alternative funding sources.
CONFORMITY TO CITY POLICY:
Yes
FINANCIAL IMPACT:
Acceptance of this grant will provide revenue of up to $1,796,310 in account number 525-0000-332.15-02. A budget amendment will follow.
What is the amount of the expenditure in the current fiscal year? For future years?
N/A
Is this a one-time or recurring expenditure?
N/A
Is this expenditure budgeted?
N/A
If not, where will the money come from?
N/A
Is there a sufficient amount in the budgeted line-item for this expenditure?
N/A
RECOMMENDATION:
City Council accept the CRRSA Act Airport Grant and CRRSA Concession Relief Addendum and authorize the City Manager or designee to execute all necessary grant documents and any and all amendments within the amounts set by Federal, State and local law.
DEPARTMENTAL CLEARANCES:
Finance
Legal
ATTACHED SUPPORTING DOCUMENTS:
CRRSA Act Airport Grant Offer
CRRSA Concession Relief Addendum to Grant Offer