TITLE
Consider a memorandum/resolution accepting an American Rescue Plan Act (ARPA) Airport Grant.
SUMMARY
DATE: August 17, 2021
TO: Kent Cagle, City Manager
FROM: Mike Wilson, Executive Director of Aviation
SUBJECT: American Rescue Plan Airport Grant
BACKGROUND AND FINDINGS:
The American Rescue Plan Act (ARPA), Public Law 117- 2, signed into law by the President on March 11, 2021, includes approximately $8 Billion in economic relief to airports to prevent, prepare for, and respond to the COVID-19 pandemic.
The FAA has offered the City an ARPA Airport Grant in the amount of $2,569,026 for the Killeen-Fort Hood Regional Airport. This grant can only be used for costs related to operations, personnel, cleaning, sanitization, janitorial services, and any other expenses relating to combating the spread of pathogens, and debt service payments.
THE ALTERNATIVES CONSIDERED:
Alternatives considered: (1) reject the grant; (2) accept the grant.
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 $2,569,026 in account number 525-0000-332.15-02.
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 ARPA Airport Grant 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:
Grant Offer