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HomeMy WebLinkAbout12366RESOLUTION NO. 12366 A RESOLUTION AUTHORIZING THE FILING OF AN APPLICATION FOR FEDERAL ASSISTANCE BY THE CITY OF PUEBLO, A MUNICIPAL CORPORATION, FROM THE FEDERAL AVIATION ADMINISTRATION FOR THE CONSTRUCTION OF A NEW TRAINING RUNWAY AND ASSOCIATED TAXIWAYS AT PUEBLO MEMORIAL AIRPORT AND AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO EXECUTE SAME BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The application for federal assistance, including all understandings and assurances contained therein, for the construction of a new training runway and associated taxiways at Pueblo Memorial Airport, a copy of which is attached hereto, is hereby approved and authorized to be filed with the Federal Aviation Administration. SECTION 2. The President of City Council is hereby authorized to execute the grant application on behalf of the City of Pueblo. INTRODUCED: April 9, 2012 BY: Leroy Garcia COUNCIL PERSON Background Paper for Proposed R ESOLUTION # M-15 AGENDA ITEM DATE: April 9, 2012 DEPARTMENT: DEPARTMENT OFAVIATION MARK LOVIN, DIRECTOR TITLE A RESOLUTION AUTHORIZING THE FILING OF AN APPLICATION FOR FEDERAL ASSISTANCE BY THE CITY OF PUEBLO, A MUNICIPAL CORPORATION, FROM THE FEDERAL AVIATION ADMINISTRATION FOR THE CONSTRUCTION OF A NEW TRAINING RUNWAY AND ASSOCIATED TAXIWAYS AT PUEBLO MEMORIAL AIRPORT AND AUTHORIZING THE PRESIDENT OF CITY COUNCIL TO EXECUTE SAME ISSUE Should City Council authorize the filing of an application for federal assistance from the Federal Aviation Administration for the construction of a new training runway and associated taxiways at Pueblo Memorial Airport? RECOMMENDATION Approval of this Resolution. BACKGROUND This application is for the request of grant funding to construct a new 4,690 ft. training runway and associated taxiways to replace the existing training runway that is adjacent to the primary ramp. The funds requested with this application are for 95% of the total project funding. A grant has been requested from the State that will fund 2.5% of the project and the City’s obligation will be 2.5%. FINANCIAL IMPACT The total project is estimated at $7,410,000. The application for federal assistance is for $7,039,500. Funds have been requested from the State in the amount of $185,250. The City's local match will be $185,250.