LEGISLATIVE ACTION ITEM
SPONSOR: Ashton J. Hayward, III, Mayor
SUBJECT:
title
SUPPLEMENTAL BUDGET RESOLUTION NO. 17-40 - FEDERAL AVIATION ADMINISTRATION GRANT AGREEMENT - DEMOLITION SERVICES AT AIR COMMERCE PARK
end
RECOMMENDATION:
recommendation
That City Council approve Supplemental Budget Resolution No. 17-40.
A RESOLUTION AUTHORIZING AND MAKING REVISIONS AND APPROPRIATIONS FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2017; PROVIDING FOR AN EFFECTIVE DATE.
end
body
HEARING REQUIRED: No Hearing Required
SUMMARY:
The 2000 Airport Master Plan identified 65 acres of adjacent land for future development of an Air Commerce Park. With the support of funding through multiple agency grants, the Airport has acquired 91 residential properties and 24 commercial properties. To prepare the area for future development, all existing buildings need to be removed. To date, seventy parcels have been cleared. Sixteen additional parcels in the Air Commerce Park were identified for demolition in this fiscal year.
Pensacola International airport has receive a grant offer and agreement totaling $43,796 from the Federal Aviation Administration (FAA). The amount includes partial funding reimbursement of demolition expenses associated with the project.
PRIOR ACTION:
August 2006 - June 2017: City Council approved the purchase of 91 residential and 24 commercial parcels.
FUNDING:
Budget: $ 43,796 FAA Grant Funds
28,182 Airport Matching Funds
$ 71,978 Total
Actual: $ 71,978 Demolition Services
FINANCIAL IMPACT:
Approval of the supplemental budget resolution will appropriate the FAA Grant Entitlement Funds. Funds for the Airport portion of the project will come from the Airport’s FY 2017 operating budget.
CITY ATTORNEY REVIEW: Yes
7/18/2017
STAFF CONTACT:
Eric W. Olson, City Administrator
Daniel E. Flynn, Airport Director
ATTACHMENTS:
1) Supplemental Budget Resolution No. 17-40
2) Supplemental Budget Explanation No. 17-40
3) Grant Agreement No. 3-12-0063-041-2017
PRESENTATION: No end