SUBJECT:
Title
Request Approval of the Airport Improvement Program Grant Agreement Between the U.S. Department of Transportation Federal Aviation Administration and Marion County (Budget Impact – Neutral; revenue from grant of $5,290,120)
Body
|
INITIATOR: |
DEPARTMENT: |
|
Jim Couillard, PLA, ASLA, Director |
Parks & Recreation |
DESCRIPTION/BACKGROUND:
The U.S. Department of Transportation Federal Aviation Administration (FAA) has offered the Marion County Airport an Airport Improvement Program (AIP) Grant Agreement in the amount of $5,290,120 for Project Number 3-12-0147-011-2025. This grant represents 95% of the construction cost for the Airport Beacon, Vault and Taxiway B project. The Florida Department of Transportation (FDOT) anticipates providing 4% of the cost of construction through a separate grant agreement which would leave the County providing 1% of the construction cost as a match.
Attached for review is a draft of the AIP grant agreement. Upon approval by the board, the electronic copy will be routed electronically to the Chairman and County Attorney signature.
BUDGET/IMPACT:
Neutral; revenue from grant of $5,290,120
RECOMMENDED ACTION:
Recommended action
Motion to approve the Airport Improvement Program Grant Agreement and authorize Chairman and County Attorney to execute the same.
end