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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 09/05/2006 - RESOLUTION 2006-095 IDENTIFYING PROJECTS TO BE FUN ITEM NUMBER: 20 AGENDA ITEM SUMMARY DATE: September 5, 2006 FORT COLLINS CITY COUNCIL STAFF: Dave Gordon SUBJECT Resolution 2006-095 Identifying Projects to be Funded by Passenger Facility Charges Collected at the Fort Collins-Loveland Municipal Airport. RECOMMENDATION Staff recommends adoption of the Resolution. FINANCIAL IMPACT The Passenger Facility Charge (PFC) will generate an estimated $353,976 from ticketed airline passengers flying from the Airport. EXECUTIVE SUMMARY The Aviation Safety and Capacity Expansion Act of 1990 provided a new source of funding (Passenger Facility Charges-PFC),for authorized airports to fund needed airport expansion projects that might otherwise go unfunded. A new PFC Application is being submitted to the FAA for recovery of eligible project costs in accordance with this Act. The cities of Fort Collins and Loveland are required to approve the projects being submitted in the Application. This Ordinance identifies the projects submitted in the Application. BACKGROUND The PFC funds that will be collected from this Application total $353,976 and represent the cities' share of costs associated with these projects. Items 1 through 5 are costs that have already been incurred by the cities and items 6 through 9 are for projects being done this summer and over the next two years. The funds must be used for the projects that will be listed in the PFC Application. The projects are: 1. Recover design costs to rehabilitate Phase 1 and 2 of the commercial apron. 2. Recover costs to install security gates and access control system. 3. Recover costs to purchase snow removal equipment. 4. Recover costs to purchase the Terminal Hold Room and Baggage Claim structure. 5. Recover costs to purchase the Americans with Disabilities Act passenger ramp. September 5, 2006 -2- Item No. 20 6. Rehabilitate a portion of parallel taxiway Alpha and maintenance on a portion of taxiway Alpha. 7. Install security lighting. 8. Rehabilitate runway 15/33. 9. Replace runway 15/33 high intensity runway light system. The application approval process takes approximately six months to complete. Once the application is approved by the FAA, the collections will not start until the current PFC collections have been completed; which is estimated to be April 2007. Once collections start, it will take approximately 2.5 years to collect the $353,976, based on estimated enplaned passengers. RESOLUTION 2006-095 OF THE COUNCIL OF THE CITY OF FORT COLLINS IDENTIFYING PROJECTS TO BE FUNDED BY PASSENGER FACILITY CHARGES COLLECTED AT THE FORT COLLINS-LOVELAND MUNICIPAL AIRPORT WHEREAS,Section 7.5-93 of the City Code provides for the designation of projects eligible for receipt and expenditure of passenger facility charges, which designation shall be by resolution of the Councils of the Cities of Fort Collins and Loveland; and WHEREAS, the Council of the City of Fort Collins has determined that it is in the best interest of the City that the projects identified in this Resolution be pursued utilizing funds collected at the Fort Collins-Loveland Municipal Airport ("Airport") as passenger facility charges. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the following Airport projects are hereby designated by the Council as being eligible for the receipt and expenditure of funds generated by passenger facility charges, subject to the appropriation of such funds as may actually be received by the City from such charges: 1. Recover design costs to rehabilitate Phase 1 and 2 of the commercial apron. 2. Recover costs to install security gates and access control system. 3. Recover costs to purchase snow removal equipment. 4. Recover costs to purchase the Terminal Hold Room and Baggage Claim structure. 5. Recover costs to purchase the Americans With Disabilities Act passenger ramp. 6. Rehabilitate a portion of parallel taxiway Alpha and maintenance on a portion of taxiway Alpha. 7. Install security lighting. 8. Rehabilitate runway 15/33 9. Replace runway 15/33 high intensity runway light system. Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 5th day of September, A.D. 2006. Mayor ATTEST: City Clerk