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HomeMy WebLinkAbout08633 ORDINANCE NO. 8633 AN ORDINANCE APPROVING AND RATIFYING A FEDERAL AVIATION ADMINISTRATION (FAA) GRANT AGREEMENT PROJECT NO. 3-08-0046-33 FOR FUNDS IN THE AMOUNT OF $5,000,000 TO REHABILITATE TAXIWAYS A AND A9, AND BUDGETING AND APPROPRIATING $5,210,526 TO CAPITAL PROJECT NO. AP1302-TAXIWAY A REHAB WHEREAS, the City of Pueblo has received a Grant Agreement from the United States of America Federal Aviation Administration to rehabilitate Taxiways A and A9 at Pueblo Memorial Airport; and WHEREAS, a Colorado Department of Transportation-Aeronautics Division Grant was accepted by the City of Pueblo on March 25, 2013 to assist the City with the matching funds for this project; and WHEREAS, funds need to be budgeted and appropriated; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The Grant Agreement between the City of Pueblo, a Municipal Corporation, and the United States of America Federal Aviation Administration making available federal funds in the amount of $5,000,000 to rehabilitate Taxiways A and A9 at Pueblo Memorial Airport is hereby accepted and approved, and Resolution No. 12783 approved on September 9, 2013 is hereby ratified. SECTION 2. Funds are hereby budgeted and appropriated to Capital Project AP1302-Taxiway A Rehab from the Federal Aviation Administration grant in the amount of $5,000,000 and from the Colorado Department of Transportation-Aeronautics Division grant in the amount of $78,947. Funds in the amount of $90,531 are hereby transferred from the 411 Fund and $41,048 from the 715 Fund-Customer Deposits to Capital Project AP1302-Taxiway A Rehab. SECTION 3. The officers and staff of the City are directed and authorized to perform any and all acts consistent with the intent of this Ordinance and the Grant Agreement to effectuate the transactions described therein. SECTION 4. This Ordinance shall become effective immediately upon final passage and approval. INTRODUCED: September 9, 2013 BY: Chris Kaufman PASSED AND APPROVED: September 23, 2013 Background Paper for Proposed O RDINANCE AGENDA ITEM # R-5 DATE: September 9, 2013 DEPARTMENT: DEPARTMENT OFAVIATION MARK LOVIN, DIRECTOR TITLE AN ORDINANCE APPROVING AND RATIFYING A FEDERAL AVIATION ADMINISTRATION (FAA) GRANT AGREEMENT PROJECT NO. 3-08-0046-33 FOR FUNDS IN THE AMOUNT OF $5,000,000 TO REHABILITATE TAXIWAYS A AND A9, AND BUDGETING AND APPROPRIATING $5,210,526 TO CAPITAL PROJECT NO. AP1302-TAXIWAY A REHAB ISSUE Should City Council accept a grant from the FAA to rehabilitate Taxiways A and A9, and budget and appropriate funds for this project? RECOMMENDATION Approval of this Ordinance. BACKGROUND This grant will fund 95% of the project to rehabilitate and realign Taxiway A and to reconstruct and realign Taxiway A9. The City accepted a State grant on March 25, 2013 under Resolution No. 12624 to fund a portion of the project and the City’s obligation will be 2.5%. Based upon the date of the FAA award and the need to accept this grant within a very short period of time, a Resolution has been prepared for Council to accept the award and approve the grant agreement. This Ordinance ratifies that action in order to comply with §3-8 of the Charter. This Ordinance also appropriates the grant funding for the project. FINANCIAL IMPACT The FAA grant is for $5,000,000. The State grant is for $78,947, which initially was to be 2.5% of the project. However, the federal grant came in higher than expected, so additional funds will be requested from the State. The City’s obligation will be $131,579. The City’s matching funds in the amount of $90,531 will be transferred from the 411 Fund and funds in the amount of $41,048 will be transferred from the 715 Fund-Customer Deposits to Capital Project AP1302- Taxiway A Rehab.