Loading...
HomeMy WebLinkAbout08625ORDINANCE NO. 8625 AN ORDINANCE ACCEPTING AN INCREASE IN GRANT FUNDS FROM THE FEDERAL AVIATION ADMINISTRATION, BUDGETING AND APPROPRIATING MATCHING FUNDS IN THE AMOUNT OF $14,549, AND INCREASING THE TOTAL AMOUNT IN CAPITAL PROJECT NO. AP1202-TRAINING RUNWAY PHASE II TO $8,252,182 WHEREAS, the City of Pueblo has received additional Federal Grant funds in the amount of $552,843 for the completion of the new training runway and associated taxiways at Pueblo Memorial Airport; and WHEREAS, the City is required to match the increased grant funds by contributing an additional $14,549 to the project; and WHEREAS, funds need to be budgeted and appropriated; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. Funding for Capital Project No. 1202-Training Runway Phase II is hereby increased to $8,252,182 including additional City matching funds of $14,549, which are hereby transferred from the Customer Deposits Fund to Capital Project No. AP1202. SECTION 2. The officers and staff of the City are directed and authorized to perform any and all acts consistent with the intent of this Ordinance to effectuate the policies and procedures described therein. SECTION 3. This Ordinance shall become effective immediately upon final passage and approval. INTRODUCED: August 26, 2013 BY: Chris Kaufman PASSED AND APPROVED: September 9, 2013 Background Paper for Proposed ORDINANCE DATE: August 26, 2013 AGENDA ITEM # R-2 DEPARTMENT: DEPARTMENT OFAVIATION MARK LOVIN, DIRECTOR TITLE AN ORDINANCE ACCEPTING AN INCREASE IN GRANT FUNDS FROM THE FEDERAL AVIATION ADMINISTRATION, BUDGETING AND APPROPRIATING MATCHING FUNDS IN THE AMOUNT OF $14,549, AND INCREASING THE TOTAL AMOUNT IN CAPITAL PROJECT NO. AP1202-TRAINING RUNWAY PHASE II TO $8,252,182 ISSUE Should City Council approve an ordinance increasing the funding amount in Capital Project No. AP1202 due to increased grant funds? RECOMMENDATION Approval of this Ordinance. BACKGROUND The City has accepted an FAA grant to fund 95% of the project costs for the paving and lighting of a new training runway and associated taxiways. The City has accepted a State grant to pay for 2.5% of the project. The City is responsible for the remaining 2.5% of project costs. On July 8, 2013, the City requested an increase in grant funds from the FAA to cover eligible and allowable project costs needed to complete the project. The FAA issued Letter Amendment No. One granting the City’s request and increased the funding amount of the grant by $552,843. The increase in funds by the FAA increases the City’s required match by $14,549. The State has indicated that it will be issuing an amendment to its grant in the near future to reflect the increase in its 2.5% contribution. Once the State’s amendment is received it will be brought before City Council. FINANCIAL IMPACT The FAA will contribute an additional $552,843 to the project. The City’s matching funds in the amount of $14,549 will be transferred from the 715 Fund-Customer Deposits to Capital Project No. AP1202-Training Runway Phase II. . U.S. Department Denver Airports District Office of Transportation 26805 E. 68 Avenue, Room 224 P Denver, Colorado 80249 Federal Aviation (303) 342 - 1254 Administration August 6, 2013 Mr. Steve Nawrocki, President Pueblo City Council 1 City Hall Place Pueblo, Colorado 81003 Dear Mr. Nawrocki: Pueblo Memorial Aifport , AIP Project No. 3 -08- 0046 -31 Contract No. DOT- FAl2NM -1014 DUNS No. 01- 062 -0284 Letter Amendment No. One This is in response to your letter dated July 8, 2013 requesting an amendment to the subject AIP Project to increase the maximum obligation of the United States, as set forth in the Grant Agreement accepted by the Sponsor on June 25, 2012. This letter, together with your letter, effects the amendment, as requested, and commits the Federal Aviation Administration, acting for and on behalf of the United States of America, to increase the maximum obligation of the United States by $552,843 (from $7,300,000 to $7,852,843) to cover the Federal share of the total actual eligible and allowable project costs of the above referenced Grant Agreement. Under the terms of the Grant Agreement, this document is incorporated into and constitutes Amendment No. One to the above referenced Grant Agreement. All other terms and conditions of the Grant Agreement remain in full force and effect. Sincerely, John P a uer, Manager Deny Airports District Office cc: ANM -613 AWP -26 RECEIVED CDOT SEH, Inc. AUG 0 9 2013