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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 07/21/2020 - RESOLUTION 2020-064 APPROVING THE RECOMMENDATION OAgenda Item 15 Item # 15 Page 1 AGENDA ITEM SUMMARY July 21, 2020 City Council STAFF Travis Storin, Interim Chief Finance Officer Judy Schmidt, Legal SUBJECT Resolution 2020-064 Approving the Recommendation of the Northern Colorado Regional Airport Commission Regarding Use of the CARES Act Grant Funding and Authorizing the City Manager to Execute Grant Agreements with the Federal Aviation Administration for Such Grant Funding. EXECUTIVE SUMMARY The purpose of this item is to authorize the City Manager to accept federal funding on behalf of the City, joint owner of the Northern Colorado Regional Airport, that will assist the Airport in maintaining safety and security for operations and investment in capital infrastructure needs. This federal funding is a four-year ongoing grant resource that will not require an additional appropriation in 2020. Future Airport budgets will include appropriations for expenditure of these federal funds. These funds do not require any local grant match and are available to keep the Airport in a safe and reliable state of operational readiness to serve aviation demands, the traveling public, and support the economy, in addition to keeping Airport and aviation workers employed and Airport credit ratings stable. The funds were provided through a Federal Aviation Administration-based distribution on an allocation formula within the Coronavirus Aid, Relief, and Economic Security Act, Public Law 116-136. Acceptance of this funding allows for the Airport to continue supporting normal operations, maintaining safety and security requirements challenges due to financial impacts from the COVID-19 pandemic, in addition to investing in high priority projects that enhance the local economy by creating jobs and other economic impacts. The funding covers gaps for the next four years as a result of the COVID-19 pandemic and ensures the continuation of self-funded Airport operations. STAFF RECOMMENDATION Staff recommends adoption of the Resolution. BACKGROUND / DISCUSSION Following direction from the Airport Commission, the Planning & Development Subcommittee (PDSC) researched the guidelines and requirements associated with the CARES Act grant that was awarded to Northern Colorado Regional Airport, and formulated recommendations for the highest and best use of the funding. The PDSC developed a matrix based on projects on the Airport’s Capital Improvement Plan and rated them by their economic impact & job creation, alignment with the Airport Strategic Plan, funding leverage, return on investment, as well as urgency and need. The terminal with supporting access improvements was selected for having the greatest impact to: • Economic impact & job creation potential • Greater direct public benefit of the Airport • Alignment with Strategic Plan, Master Plan & Airport Policies Agenda Item 15 Item # 15 Page 2 • CARES Act funds can be used for revenue generating facilities (unlike traditional grant funding sources) • Terminal can be built within the four-year time frame • Enhances self-generated revenue streams • Frees up anticipated grant funding to be used on other priority projects • Improves safety, capacity, and functionality that is lacking in existing facilities • Eliminates the need to issue debt or request financial support from Cities The Northern Colorado Regional Airport Commission approved the PDSC recommended plan for the CARES funding. (Attachment 2 and 3) CITY FINANCIAL IMPACTS The City will have little to no risk to provide any capital funding or debt service assistance to the Airport for the next four years as a result of funding acceptance and use as recommended by the Northern Colorado Regional Airport Commission. BOARD / COMMISSION RECOMMENDATION At its May 21, 2020 meeting, the Northern Colorado Regional Airport Commission recommended acceptance of the federal funding to utilize it for operations impacted by the pandemic and for the design and construction of a replacement terminal facility. The Loveland City Council approved this recommended action at its July 7, 2020 meeting. (Attachment 4) PUBLIC OUTREACH Pertinent information was gathered and analyzed, uncertainties and risks were assessed, possibilities and alternatives were discussed, and an evaluation process was established at three separate public meetings of the Airport Commission Planning and Development Subcommittee (PDSC). The meetings occurred April 22, May 6, and May 13, 2020. (Attachment 2) Stakeholder input was requested and accounted for with the evaluation. Public input was also available at the two Northern Colorado Regional Airport Commission meetings on April 16 and May 21, 2020. Capital planning is an open and transparent process that includes multiple public meetings and outreach efforts to approve and update the Airport Strategic Plan, Airport Master Plan, and Capital Improvement Plan. ATTACHMENTS 1. CARES Act Memo, April 15, 2020 (PDF) 2. Airport Planning and Development Subcommittee Minutes (PDF) 3. Northern Colorado Regional Airport Commission Minutes (PDF) 4. Loveland Resolution R-63-2020 (PDF) 5. Airport Information (PDF) 4900 Earhart Road • Loveland, Colorado 80538 (970) 962-2850 • FAX (970) 962-2855 • TDD (970) 962-2620 DATE: April 15, 2020 TO: Northern Colorado Regional Airport Commission FROM: Jason R. Licon, Airport Director RE: CARES Act Funding Coronavirus Aid, Relief, and Economic Security Act (CARES Act - House Bill 748) Public Law 116-136 Airport Grants Summary On April 14 the FAA released information on how $10 billion in funding is to be distributed to all public airports in the United States and its territories. Within the Act, a formula was outlined as to how the FAA was to distribute the appropriated funding package with the majority going to commercial service airports. The announcement included $16.9 million for the Northern Colorado Regional Airport. Below is a map of all of the funding allocations for Colorado airports: 1 ATTACHMENT 1 4900 Earhart Road • Loveland, Colorado 80538 (970) 962-2850 • FAX (970) 962-2855 • TDD (970) 962-2620 Background The Coronavirus Aid, Relief, and Economic Security Act was signed into Law on March 27, 2020. Within the $2 trillion legislation it provided nearly $10 billion to eligible U.S. airports to prevent, prepare for, and respond to coronavirus impacts, including support for continuing airport operations. The entirety of this funding is derived from the US Government’s General Fund, and not the Airport & Airway Trust Fund, where aviation fees and taxes are collected and used to fund all aviation needs. These funds are available to: Keep airports in reliable, safe operation to serve the aviation industry, the traveling public, and support the economy, keep airport and aviation workers employed, and to keep airport credit ratings stable. You can find an excerpt of the bill specific to Airports as an appendix to this report. The funding distribution for the $10 billion as stated in the CARES Act is broken down into four groups as follows: 1. Provides for an increase in the Federal Share of FAA grants from 90% to 100% for FY 2020 AIP and FY 2020 Supplemental Discretionary grants- at least $500 million a. Our Airport will receive $30,000 in additional federal funding to offset the local grant match requirements for the current $300,000 Commercial Apron design. 2. Providing aid to Commercial Service Airports at least $7.4 billion a. 50% of this funding was based on each airport’s percentage of enplanements (this is one outbound passenger traveling on a commercial aircraft) for all commercial service airport enplanements during calendar year 2018, of which our Airport had 2,538 which equates to an estimated $200,000. b. 25% of this funding was based on each airport’s percentage of debt service for the combined debt service for all commercial service airports for the fiscal year 2018, of which our airport had none. c. 25% of this funding was based on each airport’s fiscal year 2018 ratio of unrestricted reserves to its respective debt service, of which the airport had $2.4 million. This ratio is where our Airport received the majority of the funding as the Act not only provided for airports that had credit rewarded commercial service airports that highly fiscally responsible which equates to an estimated $16.7 million. 3. Providing aid to Primary Commercial Airports of up to $2 billion. a. Allocated to airports with 8,000 or more passengers in 2018, of which this did not apply to our Airport. 4. Provide at least $100 million to general aviation airports. a. This is only applicable to airports classified as general aviation in 2018, of which ours was classified as Commercial Service. The FAA classifies Airports based on the role that they serve in the national aviation transportation system. The classification is defined by type of activity that the airport supports including commercial service, cargo, reliver, and general aviation airports. An infographic can be seen below on FAA airport classifications and highlighted in green is where our Airport’s classification has historically since 2012: 2 4900 Earhart Road • Loveland, Colorado 80538 (970) 962-2850 • FAX (970) 962-2855 • TDD (970) 962-2620 The vast majority of $10 billion in funding is being applied to airports classified as commercial service, with only $100 million of that dedicated to general aviation airports. This illustrates the criticality of Airport Administration maintaining the Airport’s commercial service support activities that have included both scheduled and unscheduled airline charter flights over the past eight years. During this time staff have been proactive to ensure that the FAA properly tracks and manages the figures that keep the Airport at this level. In 2019 staff found a reporting error in the FAA’s 2018 preliminary figures associated with the number of passengers flying on air carrier aircraft from the Airport. This discrepancy was addressed by obtaining all of the flight data and passenger counts that staff closely track and provide it to the FAA through a correction request. The result was that the FAA granted the request, and the final figures provided the necessary increased number of passengers that qualified the Airport for an additional $850,000 in FAA funding in 2020. Without this action being taken last year the Airport would have received $69,000 vs. the $16.9 million today. Assessment The Airport Commission will need to decide on how to best utilize this funding to cover costs and funding impacts associated with the COVID-19 pandemic in addition to how to best use the remainder to support both current and future Airport needs. A copy of the Airport’s approved Capital Improvement Plan is attached for reference. The process to apply for this funding is relatively simple- and the funding is expected to be available as quickly as the next two weeks. Provisions that the Airport will need to follow is that the money is used strictly for an Airport purpose in accordance with the FAA’s Policy and Procedures concerning the use of 3 4900 Earhart Road • Loveland, Colorado 80538 (970) 962-2850 • FAX (970) 962-2855 • TDD (970) 962-2620 airport revenue, however will be less restrictive than traditional FAA grants. Additional requirements will need to be met for funds that are not used to cover operational and maintenance costs associated with pandemic impact for airport development projects such as safety and security, prevailing wage (Davis-Bacon Act), Buy American, National Environmental Policy Act, and other requirements pertaining to Federal grant and CARES Act conditions. These conditions are in line with accounting for expenditures and supporting documentation similar to the level of detail for traditional FAA grants, record retention, and audit provisions. Recommendation Since this item was not placed on the agenda, it is suggested that the Airport Commission bring this up under Agenda Item 8, Business from Members to provide staff with direction on how to prioritize the funding allocations. It may also be suggested that the Commission’s Planning and Development Subcommittee be included in this direction and provide a recommendation to the Airport Commission at the next meeting for consideration. Attachments • CARES Act Excerpt for Airports Title XII • CARES Act Grants Colorado Map • 2018 Enplanement Count Information & Discrepancy Correspondence from Staff • Capital Improvement Plan for 2020-2029 4 EXCERPT FROM CARES ACT TITLE XII GRANTS-IN-AID FOR AIRPORTS For an additional amount for “Grants-In-Aid for Airports”, $10,000,000,000, to prevent, prepare for, and respond to coronavirus, to remain available until expended: Provided, That amounts made available under this heading in this Act shall be derived from the general fund of the Treasury: Provided further, That funds provided under this heading in this Act shall only be available to sponsors of airports defined in section 47102 of title 49, United States Code: Provided further, That funds provided under this heading in this Act shall not otherwise be subject to the requirements of chapter 471 of such title: Provided further, That notwithstanding the previous proviso, section 47112(b) of such title shall apply to funds provided for any contract awarded (after the date of enactment) for airport development and funded under this heading: Provided further, That funds provided under this heading in this Act may not be used for any purpose not directly related to the airport: Provided further, That of the amounts appropriated under this heading in this Act— (1) Not less than $500,000,000 shall be available to pay a Federal share of 100 percent of the costs for which a grant is made under Public Law 116–94: Provided, That any remaining funds after the apportionment under this paragraph (1) shall be distributed as described in paragraph (2) under this heading in this Act; (2) Not less than $7,400,000,000 shall be available for any purpose for which airport revenues may lawfully be used: Provided, That 50 percent of such funds shall be allocated among all commercial service airports based on each sponsor’s calendar year 2018 enplanements as a percentage of total 2018 enplanements for all commercial service airports: Provided further, That the remaining 50 percent of such funds shall be allocated among all commercial service airports based on an equal combination of each sponsor’s fiscal year 2018 debt service as a percentage of the combined debt service for all commercial service airports and each sponsor’s ratio of unrestricted reserves to their respective debt service: Provided further, That the Federal share payable of the costs for which a grant is made under this paragraph shall be 100 percent: (3) Up to $2,000,000,000 shall be available for any purpose for which airport revenues may lawfully be used, and: (A) be apportioned as set forth in section 47114(c)(1)(C)(i), 47114(c)(1)(C)(ii), or 47114(c)(1)(H) of title 49, United States Code; (B) not be subject to the reduced apportionments of 49 U.S.C. 47114(f); and (C) have no maximum apportionment limit, notwithstanding 47114(c)(1)(C)(iii) of title 49, United States Code: Provided, That any remaining funds after the apportionment under this paragraph (3) shall be distributed as described in paragraph (2) under this heading in this Act: Provided further, That the Federal share payable of the costs for which a grant is made under this paragraph shall be 100 percent; and (4) Not less than $100,000,000 shall be for general aviation airports for any purpose for which airport revenues may lawfully be used, and, which the Secretary shall apportion directly to each eligible airport, as defined in section 47102(8) of title 49, United States Code, based on the categories published in the most current National Plan of Integrated Airport Systems, reflecting the percentage of the aggregate published eligible development costs for each such category, and then dividing the allocated funds evenly among the eligible airports in each category, rounding up to the nearest thousand dollars: Provided, That the Federal share payable of the costs for which a grant is made under this paragraph shall be 100 percent: 5 p p p p p p p p p p p p p p p p p p p p p p p p p p p p p p p o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o & FNL U.S. Departrront Office of Airport Planning and Programming 800 Independence Ave., SW ofTransportcit.on Washington. DC 20591 Federal Aviation Administration Mr. Jason Licon Northern Colorado Regional 4900 Earhart Road Loveland, CO 80538 Preliminary Calendar Year 2018 Enplanement Data to Determine Fiscal Year 2020 AIR Funding Enclosed is a preliminary report listing the total revenue enplanements at your airport for calendar year 2018 as reported by each air carrier (large certificated, commuter, and foreign) and each nonscheduled/on demand operator. The data will be used to determine the amount of Airport Improvement Program (AlP) passenger entitlement funds apportioned to eligible primary airports. The apportionment of entitlement funds for fiscal year 2020 will be announced after October 1, 2019 and will be based on final calendar year 2018 enplanement data. The enclosed information is preliminary and is being distributed for your review. No response is required unless a major discrepancy is identified between the revenue passenger enplanement data submitted by the air carrier to the U.S. Department of Transportation (USDOT) as shown on the enclosed report and your enplanement data. Please note that the enclosed numbers do not include non-revenue passengers. If a major discrepancy (e.g., a missing carrier or a carrier with a 10% or greater difference in revenue passengers) is identified, please provide, in writing, the name of the carrier with the discrepancy and their monthly revenue enplanements by August 20,2019 to: Mr. Luis Loarte Federal Aviation Administration Office of Airport Planning & Programming, APP-400 800 Independence Avenue, SW Washington, DC 20591 E-Mail: Luis.Loarte@faa.uov: Telephone number: (202) 267-9622 Reported discrepancies will be coordinated with USDOT and verified with the air carrier. All discrepancies will be resolved and appropriate adjustments made by October 1, 2019. To assist in this effort, please review the enclosed information and promptly notify Mr. Loarte of any major discrepancies. If you are unable to reach Mr. Loarte, you may also contact Ms. Sharon Glasgow at Sharon.Glasgow@faa.gov. if necessary. Thank you for your cooperation in this process. Enclosure 7 FAA - Office Of Airports SOURCE: CY 2018 FAA Report Date: 07/12/2019 ENPLANEMENTS BY INDIVIDUAL CARRIERS FOR CALENDAR YEAR 2018 Northern Colorado Regional (FNL) Jason Licon 4900 Earhart Road, Loveland, CO 80538 SCHEDULE TYPE CARRIER NAME (CARRIER CODE) SCHEDULED ATGO - Nonscheduled/On-Demand Air Carriers, filing FAA Form 1800-31. Aero Jet Services LLC (J7EA) 0 Netjets Aviation, Inc. (DXTA) 0 Priester Aviation LLC (PRIA) 0 Sunset Aviation Lie (7SSA) 0 ATCO Total: 0 CAC - Commuters or Small Certificated Air Carriers, filing T-100. CFM INC D/B/A CONTOUR AIRLINES (LF#) 0 CAC Total: 0 CRAC • Large Certificated Air Carriers, filing T-100. Southwest Airiines Co (WN) 0 Sun Country Airlines (SY) 0 CRAC Total: 0 Site Total: ** ENPLANEMENTS NONSCHEDULED 7 328 8 8 351 26 26 172 1,904 2,076 2,453 DEN FNL TOTAL 7 328 8 8 351 26 26 172 1,904 2,076 2,453 Selected Ycmi 2018 8 4900 Earhart Road • Loveland, Colorado 80538 (970) 962-2850 • FAX (970) 962-2855 • TDD (970) 962-2620 August 26, 2019 Mr. Luis Loarte Federal Aviation Administration Office of Airport Planning & Programming, APP-400 800 Independence Avenue, SW Washington, DC 20591 RE: Preliminary Calendar Year 2018 Enplanement Data to Determine Fiscal Year 2020 AIP Funding Dear Mr. Loarte, In accordance with the letter received last month on our preliminary 2018 enplanement data we have discovered a discrepancy in excess of 10% of missing enplanement data from 2018. Elite Airways did not report their enplanements that occurred at our airport in 2018 for the following months: 2018 Elite Airways January 32 February March 36 April 31 May 31 June 17 July 17 August 42 September 34 October 30 November 30 December Thank you for your consideration in correcting this discrepancy, and please let us know if any further information is needed to rectify this issue. Thank you, Jason R. Licon Airport Director 9 FAA - Office Of Airports SOURCE: CY 2018 FAA Report Date: 07/12/2019 ENPLANEMENTS BY INDIVIDUAL CARRIERS FOR CALENDAR YEAR 2018 Northern Colorado Regional (FNL) Jason Licon 4900 Earhart Road, Loveland, CO 80538 SCHEDULE TYPE CARRIER NAME (CARRIER CODE) SCHEDULED ATGO - Nonscheduled/On-Demand Air Carriers, filing FAA Form 1800-31. Aero Jet Services LLC (J7EA) 0 Netjets Aviation, Inc. (DXTA) 0 Priester Aviation LLC (PRIA) 0 Sunset Aviation Lie (7SSA) 0 ATCO Total: 0 CAC - Commuters or Small Certificated Air Carriers, filing T-100. CFM INC D/B/A CONTOUR AIRLINES (LF#) 0 CAC Total: 0 CRAC • Large Certificated Air Carriers, filing T-100. Southwest Airiines Co (WN) 0 Sun Country Airlines (SY) 0 CRAC Total: 0 Site Total: ** ENPLANEMENTS NONSCHEDULED 7 328 8 8 351 26 26 172 1,904 2,076 2,453 DEN FNL TOTAL 7 328 8 8 351 26 26 172 1,904 2,076 2,453 Selected Ycmi 2018 10 FNL U.S. Department Office of Airport Planning and Programming 800 Independence Ave., SW of Transportation Washington, DC 20591 Federal Aviation Administration Mr. Jason Licon Northern Colorado Regional 4900 Earhart Road Loveland, CO 80538 FINAL CALENDAR YEAR 2018 ENPLANEMENT DATA Enclosed is the final report listing the air carriers serving your airport and their total revenue passenger enplanements during calendar year 2018. This data will be used to determine fiscal year 2020 Airport Improvement Program passenger apportionments. A preliminary report was mailed to you in July. Discrepancies reported to the FAA were resolved and appropriate revisions were incorporated, resulting in the enplanement numbers shown on the enclosed report. This report is provided for your information only. No response is required. Thank you for your participation in this process. Enclosure 11 FAA - Office Of Airports SOURCE: CY 2018 FAA Report Date: 09/16/2019 ENPLANEMENTS BY INDIVIDUAL CARRIERS FOR CALENDAR YEAR 2018 Northern Colorado Regional (FNL) Jason Licon 4900 Earhart Road, Loveland, CO 80538 SCHEDULE TYPE CARRIER NAME (CARRIER CODE) SCHEDULED ATCO - Nonscheduled/On-Demand Air Carriers, filing FAA Form 1800-31. Aero Jet Services LLC (J7EA) Netjets Aviation, Inc. (DXTA) Priester Aviation LLC (PRIA) Sunset Aviation Lie (7SSA) ATCO Total: GAG • Commuters or Small Certificated Air Carriers, filing T-100. ^FM INC D/B/A CONTOUR AIRLINES (LF#) CAC Total: CRAG - Large Certificated Air Carriers, filing T-100. ELITE AIRWAYS LLC (2HQ) Southwest Airlines Co (WN) Sun Country Airlines (SY) CRAC Total: Site Total: 0 0 0 0 0 0 0 300 0 0 300 300 ENPLANEMENTS NONSCHEDULED 7 113 8 8 136 26 26 0 172 1,904 2,076 2,238 DEN FNL TOTAL 7 113 8 8 136 26 26 300 Airport Name Northern Colorado Regional Airport Airport Identifier FNL Airport Manager Jason Licon CIP Update 3/2/2020 Airport Sponsor Cities of Fort Collins & Loveland Address 4900 Earhart Rd., Loveland, Colorado 80538 USA Phone +1 (970) 962-2850 Project FAA Discretionary FAA State FAA Entitlements Colorado Discretionary Local Passenger Facility Charge Total Funding Project Cost Estimate Maintenance Vehicle Rreplacement $0.00 $0.00 $0.00 $3,872.00 $0.00 $3,872.00 $38,271.00 Commercial Apron Expansion & TWY E Design $270,000.00 $15,000.00 $15,000.00 $300,000.00 $300,000.00 Total 2020 $0.00 $0.00 $270,000.00 $15,000.00 $18,872.00 $0.00 $303,872.00 $338,271.00 Remote Tower Permanent Facility $0.00 $0.00 $0.00 $125,000.00 $125,000.00 $625,000.00 Runway & Taxiway Pavement Maintenance (Stearman TWY) $0.00 $0.00 $0.00 $250,000.00 $27,778.00 $0.00 $277,778.00 $216,049.00 Carryover $1M ENT to 2022 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Commercial Apron Expansion and TWY E Construction $850,000.00 $1,580,000.00 $135,000.00 $135,000.00 $2,700,000.00 $2,700,000.00 Total 2021 $850,000.00 $0.00 $1,580,000.00 $385,000.00 $287,778.00 $0.00 $3,102,778.00 $3,541,049.00 Northrop TXLN Design and Construct $300,000.00 $150,000.00 $450,000.00 $450,000.00 TWY D Rehab & Realignment (Design and Construct) $1,000,000.00 $56,000.00 $56,000.00 $1,112,000.00 $1,112,000.00 Seal Coat Gen Aviation Hangar & Ramp Areas $0.00 $0.00 $450,000.00 $0.00 $450,000.00 $400,000.00 Total 2022 $0.00 $1,000,000.00 $356,000.00 $656,000.00 $0.00 $2,012,000.00 $1,962,000.00 New Terminal Design (Design Phase 1) $0.00 $250,000.00 $250,000.00 $0.00 $500,000.00 $500,000.00 Broom Truck SRE Replacement $360,000.00 $0.00 $0.00 $20,000.00 $20,000.00 $400,000.00 $400,000.00 2021 Capital Improvement Plan (CIP) Worksheet 2020 State funding removed. $500,000 funded out the Remote Tower Cost Center. Idea is to incorporate the facility into the new terminal building as a component, reducing costs through greater efficiencies 2022 2023 13 Runway 15-33 Widening & TWY A Rehab, Lighting, Signage (Design) $0.00 $1,000,000.00 $56,000.00 $56,000.00 $0.00 $1,112,000.00 $1,112,000.00 Rehabilitate Hangar and Ramp Areas (Seal Coat) (Design and Construct) $405,000.00 $0.00 $0.00 $22,500.00 $22,500.00 $0.00 $450,000.00 $450,000.00 Total 2023 $765,000.00 $0.00 $1,000,000.00 $348,500.00 $348,500.00 $0.00 $2,462,000.00 $2,462,000.00 Runway 15-33 Widening & TWY A Rehab, Lighting, Signage (Construction) $10,700,000.00 $0.00 $1,000,000.00 $250,000.00 $1,050,000.00 $0.00 $13,000,000.00 $13,000,000.00 New Terminal Design $250,000.00 $450,000.00 $700,000.00 $700,000.00 Total 2024 $10,700,000.00 $0.00 $1,000,000.00 $500,000.00 $1,500,000.00 $0.00 $13,700,000.00 $13,700,000.00 Fuel Farm Relocation (Design,Environment, and Construct) $0.00 $0.00 $500,000.00 $55,556.00 $555,556.00 $555,556.00 Carryover to 2026 $0.00 Total 2025 $0.00 $0.00 $500,000.00 $55,556.00 $555,556.00 $555,556.00 New Terminal Construction $5,000,000.00 $0.00 $3,000,000.00 $250,000.00 $3,750,000.00 $12,000,000.00 $12,000,000.00 Landside Improvements (Design and Construction) $0.00 $0.00 $0.00 $0.00 $2,000,000.00 $2,000,000.00 $2,000,000.00 Remote Tower Permanent Facility $500,000.00 $125,000.00 $625,000.00 $625,000.00 Total 2026 $5,000,000.00 $0.00 $3,000,000.00 $750,000.00 $5,875,000.00 $14,625,000.00 $14,625,000.00 SRE Equipment Replacement $0.00 $0.00 $27,778.00 $0.00 $27,778.00 $555,556.00 Repay ENT borrowed in 2026 $0.00 Total 2027 $0.00 $0.00 $27,778.00 $0.00 $27,778.00 $555,556.00 SRE Equipment Replacement $0.00 $0.00 $0.00 $0.00 $21,604.00 $0.00 $21,604.00 $216,048.00 Total 2028 $0.00 $0.00 $0.00 $0.00 $21,604.00 $0.00 $21,604.00 $216,048.00 No Projects Scheduled Use 25, 26 & 27 ENT 2024 2025 2026 2027 KM Removed $500K ENT and $27,777 2028 2029 14 GA Ramp Expansion North Side $0.00 $0.00 $2,000,000.00 Land Acquisition Phase 1 $0.00 $0.00 $4,000,000.00 Land Acquisition Phase 2 $0.00 $0.00 $5,500,000.00 Total 2030 $0.00 $0.00 $11,500,000.00 Extend Runway 15-33 (2027-2031) $3,600,000.00 $0.00 $0.00 $0.00 $0.00 $400,000.00 $4,000,000.00 $4,000,000.00 Rehab 15-33 (2027-2031) $5,400,000.00 $0.00 $0.00 $0.00 $0.00 $600,000.00 $6,000,000.00 $6,000,000.00 Total Long Term $9,000,000.00 $0.00 $0.00 $0.00 $0.00 $1,000,000.00 $10,000,000.00 $10,000,000.00 2030 Long Term 15 DATE: 04/22/2020, 5/6/2020, 5/13/2020 TIME: 03:00-05:00 PM, 03:00-05:00 PM, 3:30-5:00 RE: Planning and Development Sub-Committee Meeting ATTENDEES: Jason Licon, Tom Fleming, Diane Jones, James Hays, Josh Birks, Troy Bliss, Aaron Ehle Begin Meeting Record 04/22/2020 • Bob Middleton has resigned from the PDSC. Agenda Item #1: Meeting Minutes Review – February 26th, 2020 • We need to make sure that action items relating to the strategic plan don’t get forgotten about with all of the attention we will be devoting to CARES Act funding issues. • Master Plan open house – coordinate with Mead and Hunt to hold virtual meeting. CARES Act public input could dovetail with Master Plan input. • Tom moved to approve the minutes. The motion, seconded by Diane passed unanimously. Agenda Item #2: CARES Act Grant Funding Priorities • On April 14th the FAA shared Cares Act grant amounts. Of the $10 billion distributed, Northern Colorado Regional Airport received $16.86 million. The funding was distributed according to formulas included in the Act. • Airport Commission has tasked the PDSC with creating recommendations and rationale. • Evaluation and Recommendation Process o Identify constraints for funding usage o Create a list of specific uses or projects o Determine evaluation principles to be applied o Incorporate evaluation criteria to the list o Recommend to the Airport Commission for consideration • Funding Use Guidelines and Constraints o Funds must be spent, not just encumbered, within 4 years. o FAA has requested the expeditious use of the funding o Can be used to offset operational losses or for capital improvement investments to:  Keep airports in reliable, safe operation to serve the aviation industry, the traveling public, and support the economy  Keep airport and aviation workers employed  Keep airport credit ratings stable o Funds must be used in accordance with federal requirements that apply to airport revenue. o Initial grant distribution will be capped at 4X annual operating expenses. Additional justification is required to obtain the remaining amount of the awarded grant. o Funds can be used for revenue generating projects or areas of the terminal, unlike AIP funds. o Funds used for capital projects must follow additional criteria for typical Airport Improvement Program (AIP) projects. o CARES Act funds can be applied to payroll. ATTACHMENT 2 MEETING RECORD Page 2  Additional staff may be needed to execute and manage the use of CARES Act funds.  Payroll for staff dedicated to capital projects would be an eligible expense. • Project List Creation o Perform survey of projects and uses  Capital Improvement Plan (CIP) projects and other projects that have been discussed, but are not currently on the CIP o Factors to consider  CIP includes only grant eligible projects that are prioritized in accordance to anticipated funding availability and eligibility levels.  CARES Act funds are completely separate from the AIP o No CIP projects are currently at risk due to the decrease of Airport revenue, but the severity and length of the downturn could eventually impact projects.  CARES Act provided for tax and fee reductions combined with lower travel demands will likely have impacts on 2021 and beyond for traditional FAA funding through the Airport Improvement Program • Projects for Consideration o CIP Projects (total projected cost ≈ $34 million over 6 years)  Commercial Apron Expansion and new Taxiway E  Stearman Taxiway Reconstruction (Partial)  Northrop Taxiway Reconstruction  Taxiway D Rehabilitation and Realignment  Rehabilitate Hangar and Ramp Areas (Pavement Maintenance)  RW 15-33 Widening & TW A Rehabilitation & Lighting and Signage  Broom Truck Snow Removal Equip. (SRE) Replacement  New Airport Terminal  Landside Improvements  Fuel Farm Relocation  Remote Tower Permanent Facility o Additional Projects (non in CIP)  U.S. Customs User Fee Facility  Lindbergh Drive/Rocky Mountain Avenue Extension  Enhancement and Beautification of Airport Corridors and Existing Facilities  Redevelopment Projects (specific to airport owned hangars)  Expand Utility Networks to Encourage Private Development • Evaluation Principles and Criteria (Brainstorming session) o Keeping the Airport operational and maintained is critical and needs to be accounted for before considering capital projects. If we set money aside for operations and maintenance and it’s not needed, it can be transferred to capital projects. o Revenue and grant projections will likely be affected by the pandemic. We need to plan to cover gaps. 2 MEETING RECORD Page 3 o CIP assumes commercial air service with >10,000 enplanements starting this year, which would translate to $1 million in FAA entitlement funding. Without commercial service, entitlement is $150,000 (two-year lag). o Must consider additional operations and maintenance costs associated with capital projects and how those costs are going to be funded if revenue projections associated with projects don’t come to fruition. The Cities will face budget challenges for the foreseeable future, and can’t be relied upon to support O&M costs. o CARES Act funds can be leveraged to accelerate projects that receive lower prioritization for AIP funds. o The terminal project was programmed ahead of the runway widening project in the CIP, but FAA recently decided that the runway widening project was a higher priority, pushing the terminal project back to 2026. o A lot of time and effort has recently been put into the CIP and we need to determine how CARES Act funds can be used to facilitate or expedite the plan. o Evaluation principles to prioritize projects  Economic Impact – create highest and most positive impact to the region • Job creation and retention • Enhance and add revenue streams to generate additional impact  Leverage enhancement (how CARES Act funds can be applied to costs that are unlikely to be covered by FAA/CDOT grants)  Strategic Plan alignment  Return on investment  Urgency & Need • Time (Efficiency) • Evaluation Matrix o Staff created a matrix that lists the projects along with information about AIP priority, total cost projections, grant projections, and Airport/local contribution. o Should certain principles be weighted more heavily? o Tom suggested that Jason has the best perspective and sense of what projects are most important and asked him to discuss his priorities:  Jason: A lot of thought has already gone into the highest and best use of the funding. • Infrastructure investment – there has been good investment in the airside infrastructure, but the landside infrastructure is lacking. • Landside infrastructure (roads, parking lots, terminal) is not likely to be highly prioritized for funding by FAA. • Investment in landside infrastructure will position the Airport to capture the demand that currently exists according to our market research. o Air traffic control (remote tower) is a big step in being able to attract and support commercial service 3 MEETING RECORD Page 4 o A new terminal, parking lot, and entry road rise to the top of the priority list – strongly aligned with Strategic Plan, highest ROI, and economic impact o Other projects may be able to benefit from a new terminal. A permanent location for the remote tower could be incorporated into the facility. The existing terminal could be repurposed, possibly for US Customs. o A new terminal would be a great asset for the region, but due to budget and commercial air service uncertainties, it makes sense to evaluate the design and construction separately. Moving forward with design (a 12-18 month process) carries low risk. A clearer view of the future will be necessary to commit to constructing a new facility. A phased approach to the construction of a terminal facility is a possibility. o It is difficult to obtain AIP funding for terminal projects at small airports and substantial airport/local contributions are typically necessary. The FAA is capping discretionary AIP grants for terminal projects at $5 million. The current CIP programs 3 years of entitlement funding to be used for the terminal project. The CARES Act grant creates a unique opportunity to accelerate the terminal project and offset the airport/local contribution of about $6.5 million. o The widening of the runway is also an important project to attract commercial air service and might be a limiting factor for some airlines. This is a high priority project for the FAA, and is likely to receive discretionary AIP funding. The terminal project is a much lower priority for the FAA. o Runway length is adequate for modern aircraft, including Airbus A319 and A320. The Master Plan still includes a 1,000 extension, but that may not be necessary as older planes are phased out. The width is more of a limiting factor for commercial air service than the length. o Private-sector investment is more likely with the terminal project than airside maintenance/improvement projects. This can be done through concession providers including food, car rental, transportation network companies like Uber and Lyft, and of course Airlines. o Runway projects will likely require phasing and closures, with the goal of limiting impacts to operations. o An additional potential project was added to the matrix – Expand utilities and infrastructure to areas of the Airport to encourage private development. o More discussion and analysis will be necessary to develop recommendations for the Airport Commission. The matrix and some additional information will be provided prior to our next meeting. Meeting Adjourned – to be continued on May 6th at 3:00 4 MEETING RECORD Page 5 Begin Meeting Record 5/6/2020 Agenda Item #1: CARES Act Grant Funding Priorities • Desired Outcome: Reach a consensus for the highest and best use of the CARES Act Funding o Used in accordance with funding guidelines, recommendations, and time constraints o Align with strategic plan, guiding documents and policies o Determine the most effective and impactful ways to benefit the Region o Identify uncertainties and alternatives • Evaluation Methodology o Understand the funding requirements and intent o Prepare for impact for pandemic related operational revenue and funding gaps  $2 million set aside • Airport’s budget for 2020 is $1.3 million • Worst case scenario is a 30% decrease in revenue.  Can be moved to fund other priorities through a grant amendment request o Remainder dedicated for airport improvements  Developed a set of principles • Economic Impact & Job Creation • Strategic Plan Alignment • Funding Leverage • Future Investment Return • Urgency & Efficiency o Reevaluate and reorganize Capital Improvement Plan (CIP) • Review of PDSC Evaluation Results o New Airport Terminal  Landside Improvements  Commercial Apron Expansion and Taxiway E o Runway 15-33 Widening & TW A Rehab & Lighting and Signage o Rehabilitate Hangar and Ramp Areas (Seal Coat) o U.S. Customs User Fee Facility • PDSC Concerns and Feedback for Discussion o US Department of Transportation’s Airport and Airways Trust Fund.  The majority of the Trust Fund is used for air traffic control purposes. The remainder goes toward funding AIP projects.  The Fund is supported by aviation taxes and fees and will likely be strained by decreases in fuel sales and airline passengers. The CARES Act also contains a provision that temporarily suspends the collection of some of the taxes and fees. The severity and duration of the impact difficult to forecast. High priority projects related to safety will probably continue to be funded, but lower priority projects like the terminal may not. 5 MEETING RECORD Page 6 o City contributions - The budgets of the cities will be under pressure for the near future. The cities cannot be expected to support operations and maintenance costs. This must be considered when evaluating projects. o How do we make a recommendation to build a new terminal with so much uncertainty surrounding the future of the airline industry? How do we manage risk?  A new terminal is more of a need than a want.  The Airport has demonstrated the ability to support commercial service in the past.  Data supports strong demand for air travel (prior to the pandemic)  The airline industry has always recovered from previous crises.  The risks of not positioning the Airport for commercial service must be considered. Commercial service brings major revenue potential.  The operations and maintenance costs can be managed by scaling or phasing the facility. O&M costs for the existing terminal are about $35,000 per year. Items such as escalators, elevators, jet bridges, and baggage carousels can drive up O&M costs.  Decisions about the construction of the terminal don’t have to be made right now. The design work will take 12-18 months. • Contingency plan should be developed to apply funds to other projects if the timing isn’t right for building a terminal. o What is most important to the Airport and communities, for the long run?  Credible commercial air service  Community benefit and support • Communication and engagement plan o Demonstrating the expeditious use of funds in an effective manner will create higher levels of trust with the FAA, possibly impacting future funding. • Rationale for Terminal and Landside Improvements Prioritization o Funding Leverage  Using CARES Act fund for a new terminal and supporting infrastructure will offset approximately $6.5 million in projected airport/local contributions. It will also free up $3 million in entitlement funding that was projected to be used for the terminal to be used on other projects. The ability to use CARES Act funds for revenue generating areas is another important factor, as AIP funds cannot be used for those areas. o Strategic Plan Alignment  Ability to attract and support commercial airline service  Economic impact & job creation/retention  Chance to design a modern and innovative terminal in response to an evolving airline industry o Return on Investment  Market demand is present (pre-pandemic)  Enhanced and new revenue streams  Airlines have shown recent interest  Terminal has much higher ROI potential than any other project 6 MEETING RECORD Page 7 o Economic Impact  Highest potential of any project  Ability to create many jobs (construction and permanent)  Tourism - positive impression of communities and good passenger experience o Urgency & Need  The terminal is undersized and poorly laid-out. It was designed for small regional passenger aircraft, not larger airliners that are primarily used today. The secure holding area is in a 17-year old temporary building. The parking lot and entrance road are in poor condition. • Creation of Formal PDSC Recommendation o An initial recommendation doesn’t have to account for all of the CARES Act funds. We can get the ball rolling, and monitor the situation to make informed decisions going forward. o An engineer and architect have already been selected for a 5-year on-call contract, which allows us to quickly get started on the design of a terminal. o Don’t defer needed airfield maintenance. o Make initial recommendations and create a 4-year plan that considers different scenarios/assumptions o Investigate private-sector investment possibilities Public Comment – None Meeting Adjourned – to be continued on May 13th at 3:00 Begin Meeting Record 5/13/2020 Agenda Item #1: CARES Act Grant Funding Priorities • The FAA may limit initial CARES Act grant distributions to four years’ worth of operating expenses, as reported in 2018 financial statements. FNL’s operating expenses in 2018 were $3.15 million, equating to an initial grant distribution of $12.6 million. Additional justification is required to obtain the rest of the awarded funds. Airport staff has highlighted unmet needs and presented a request to apply the remaining $4.3 million of CARES Act grant funds to them, with the belief that the FAA will support the distribution of the full amount. • Grant funds are available only on a reimbursement basis. o Airport reserves may be used to cover initial costs and then reimbursed. Projects typically will require monthly draws to reduce overhead need for cash on hand. • $2 million set aside to cover operational needs o Insulate the Cities from having to financially support the Airport o The Airport has seen a decrease in fuel sales o Can be used to fund air traffic control o Several Airport based businesses have asked for rent deferral. The Airport has approved a program allowing up to 6 months of rent deferral to be paid back by the end of 2021. • The evaluation matrix was used as a basis for discussion, not the final determinant of project ranking. Subjective and objective factors were considered and pros and cons were discussed. • The CIP will need to be reevaluated and reorganized. 7 MEETING RECORD Page 8 • $12 million budget for the terminal would allow for a 25,000-30,000 sq. ft. one-story building designed to support the critical aircraft (Airbus A320), similar to the new terminal in Cheyenne. o Terminal may need to be phased – allowing for future expansion o Additional funding sources will be explored • U.S. Customs – Significant financial support from users would be required. o Existing terminal could be repurposed to accommodate customs • Using CARES Act funds to attract and retain commercial service provides the greatest overall benefit for the region and the best return on investment. • Terminal selection rationale o Highest economic impact & greatest job creation potential o Allows for greater direct utilization of the Airport by the public o Is aligned with Strategic Plan, Master Plan and policies o CARES Act funds can be used for revenue generating areas of the terminal and parking lot, unlike AIP funds o Can be accomplished within funding use guidelines including the four-year time constraint o Enhances existing and generates new revenue streams, and frees future grant funding availability to be used on other high priority projects o Creates solutions for safety, capacity, and functionality issues with existing facilities o Supports other projects and future needs o Eliminates the need to issue debt or request financial support from Cities for capital contributions or operational costs • PDSC Recommendations o Set aside $2 million to cover operational funding gaps o Begin design on a new terminal building and landside access improvements o Reevaluate and reorganize Capital Improvement Plan o Monitor impacts of COVID-19 pandemic and commercial aviation industry recovery to inform decision to begin construction on new terminal and landside improvements • Josh moved to approve the CARES Act use recommendations. The motion, seconded by Tom passed unanimously. Public Comment – None End Meeting Record 8 May 21, 2020 Meeting Minutes Call to Order: Chair Troxell called the meeting to order at 3:35 p.m. Roll Call: Chair Troxell, Commissioners Adams, Atteberry, Burgener, Overcash, and Stooksbury were present. The meeting was held in a virtual format over the Zoom Meeting platform. Public Comments: None Consent Agenda Commissioner Adams moved to approve the Consent Agenda. The motion, seconded by Commissioner Atteberry carried with all the Commissioners present voting in favor thereof. Pulled Items None Consent Follow up Commissioner Stooksbury: In reading the packet, there was the business relief plan topic discussed last meeting. It was interesting to note that really no on-airport businesses asked for relief. You know, Groome transportation and Homestead Hangars really aren't operational businesses on the airport, so that's, that's an encouraging sign. Director Licon: Yes. The only two that we've received as it relates to the business assistance policy enacted last month were Homestead Hangers, a proposed hangar development, and Groome Transportation, a provider for ground transportation services to Denver. There's been no other requests, which is promising. 3:36 Vice-Chair Fleming connected Regular Agenda 5. PLANNING & DEVELOPMENT SUBCOMMITTEE: CARES ACT REPORT & RECOMMENDATION Following direction from the Airport Commission, the Planning and Development Subcommittee (PDSC) has worked diligently to understand the guidelines and requirements associated with the CARES Act grant that was awarded to Northern Colorado Regional Airport (FNL), and to formulate recommendations for the highest and best use of the funding. Pertinent information was gathered and analyzed, uncertainties and risks were assessed, possibilities and alternatives were discussed, and an evaluation process was established. Commissioner Overcash moved to approve the PDSC recommendation for the CARES funds, applying $2 million of funds for operational needs for the next four years and to begin the design work for the terminal. The motion seconded by Commissioner Adams passed with one no from Commissioner Stooksbury. Public Comments: 1 ATTACHMENT 3 2 ATTACHMENT 4 Airport CARES Act Funding Fort Collins City Council July 21, 2020 Jason Licon, Airport Director ATTACHMENT 5 General Information • The CARES Act was signed into law on March 27 • Law identified $10 billion for all public use airports • Distribution based on an allocation formula Congress created within the Act • Northern Colorado Regional Airport was awarded $16.87 million • The NCRA Commission has approved the use for the funding, and requires City Council approval to accept from the Federal Aviation Administration • The Loveland City Council unanimously approved the same request on July 7 2 Funding Use Guidelines • Funding must be used (spent not just encumbered or obligated) by March 27, 2024 • Funds can be used for: • Offsetting operational losses • Capital improvements • Ensuring safe and reliable operations • Keeping airport and aviation workers employed • Keeping credit ratings stable • Must adhere to federal requirements pertaining to the use of airport generated revenues (cannot be used for airline revenue guarantees) 3 Funding Priority Evaluation • Airport Commission requested the Planning & Development Subcommittee to review information and make a recommendation • Three public Committee meetings were held in addition to two Airport Commission public meetings • Applied key principles to evaluate priorities • Economic Impact & Job Creation • Strategic Plan Alignment • Funding Leverage • Return on Investment • Urgency & Need 4 NCRA Commission Direction • Designate $2 million to set aside for potential funding gaps created from pandemic created revenue losses • Based on a 25% revenue reduction scenario through 2024 • Funding can be used for: • Airport revenue shortfalls • Payroll & operational needs • Able to be transferred to capital projects • Airport recognizes that the Cities are also facing financial challenges and this will ensure that the Airport does not require supplemental support • Designate remaining $14.87 million toward high priority Airport infrastructure projects • Replacement of the Airport Terminal was selected and recommended 5 Terminal Replacement Rationale • Economic impact & job creation potential • Greater direct public benefit of the Airport to the communities • Aligns with Strategic Plan, Master Plan & Airport Policies • CARES Act funds can be used for revenue generating facilities (unlike traditional FAA funding sources) • Terminal can be built in the four year timeframe • Enhances revenue streams and financial sustainability • Frees up AIP (FAA) funds to be used on other priority projects • Improves safety, capacity, and functionality lacking in existing facilities • Eliminates the need to issue debt or request financial support from owner Cities 6 Terminal Project Goals • A high-quality terminal facility reflecting the values of the region • A size that meets FAA formulas and recommendations in Master Plan draft for critical aircraft capacity • Ability to adequately support current and forecasted aviation demands • Design can accommodate a phased approach to allow for future expansion and amenities if needed • Roadway & parking • Enhancements will be made to the Airport’s access infrastructure including parking lots and entrance 7 Additional Considerations • Risk & uncertainty • Funding is tied to federal law, which would require congressional action and presidential approval to reverse, which is not likely • The airline industry has been impacted greatly by the pandemic, which could take time to recover to pre-pandemic levels • Area demand for air travel will likely continue into the future • Funds need to be used within the four year timeframe • Other Advantages • Terminal replacement was scheduled in 2026, requiring $6.5 million in local funding support for design and construction • Allows for portion of the current terminal building to be repurposed for other functional need Financial Summary • FAA CARES GRANT: $ 16,865,798 • Proposed 2020 CARES expenditures • New Terminal Design $ 1,200,000 • Airport Operations $ 2,000,000 • Total for 2020 $ 3,233,921 • CARES Balance $13,665,798 • Proposed 2021 CARES expenditures • None/CARES Balance $13,665,798 • Proposed 2022 - 2023 CARES expenditures • Landside & Roadway Improvements $ 1,665,798 • New Terminal Construction $12,000,000 • Total for 2022 - 2023 $13,665,798 • CARES Balance end of 2023 $0 9 -1- RESOLUTION 2020-064 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING THE RECOMMENDATION OF THE NORTHERN COLORADO REGIONAL AIRPORT COMMISSION REGARDING USE OF THE CARES ACT GRANT FUNDING AND AUTHORIZING THE CITY MANAGER TO EXECUTE GRANT AGREEMENTS WITH THE FEDERAL AVIATION ADMINISTRATION FOR SUCH GRANT FUNDING WHEREAS, the Cities of Loveland and Fort Collins (collectively the “Cities,” and “Loveland” or “Fort Collins” individually) jointly own and operate the public airport known as the Northern Colorado Regional Airport (the “Airport”) pursuant to an Amended and Restated Intergovernmental Agreement for the Joint Operation of the Airport (the “IGA”) entered into on January 22, 2015, and amended on June 7, 2016; and WHEREAS, pursuant to the IGA, the Cities formed the Northern Colorado Regional Airport Commission (“NCRAC”) to serve in an advisory role to the City Councils and to exercise certain authority delegated to it by the Cities; and WHEREAS, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was signed into law by the President of the United States on March 27, 2020, and provides $10 billion in funds to be awarded to eligible U.S. airports to address impacts from the coronavirus pandemic; and WHEREAS, the Airport was awarded $16,865,798 in CARES Act grant funding based on various formulas; and WHEREAS, the Planning and Development Subcommittee (“PDSC”) of the NCRAC met several times after the Airport learned of the CARES Act grant award to discuss recommendations of how the Airport could best utilize the funding and ultimately recommended to the NCRAC that $2 million of the funding be applied to Airport operations and maintenance and the remainder of the funding be applied to projects specified on the Airport’s Capital Improvement Plan, including the new terminal design and construction project, as described on “Exhibit A” attached hereto and incorporated herein; and WHEREAS, at its May 21, 2020, meeting, the NCRAC voted to adopt the recommendation of the PDSC; and WHEREAS, the Cities will be required to execute two or more grant agreements with the Federal Aviation Administration in order to accept the CARES Act grant funding, the first of which is attached hereto as “Exhibit B” (the “Grant Agreement”); and WHEREAS, the City Council desires to approve the NCRAC’s recommendation regarding application of the CARES Act grant funding and to authorize the City Manager to execute on behalf of the City of Fort Collins the Grant Agreement and subsequent grant agreements for additional increments of funding in substantially similar form to “Exhibit B” for the full funding amount. -2- NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT COLLINS, COLORADO: Section 1. That the City Council hereby makes any and all determinations and findings contained in the recitals set forth above. Section 2. That the recommendation of the Northern Colorado Regional Airport Commission to allocate $2 million of the CARES Act grant funding to Airport operations and maintenance and the remaining $14,865,798 to projects on the Airport’s Capital Improvement Plan, including the design and construction of a new terminal building, as described on Exhibit “A” attached hereto and incorporated herein. Section 3. That the City Manager is hereby authorized, after consultation with the City Attorney, to execute the Grant Agreement in the form attached hereto as Exhibit “B” and incorporated herein and any other grant agreements in substantially similar form as required in order to accept the full $16,865,798 amount of the CARES Act grant funding. Section 4. That the City Manager is hereby authorized, following consultation with the City Attorney, to modify the Grant Agreement or other grant agreements as deemed necessary to effectuate the purposes of this Resolution or to protect the interests of the City. Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 21st day of July, A.D. 2020. __________________________________ Mayor ATTEST: _____________________________ City Clerk 2020 Total Available Funding 2020 Projects and Funding Breakout 2020 Remaining Balance Exhibit A 2020 CIP and Funding Breakout FAA Carry-Over {Previous Years) FAA Entitlement {2020) FAA CARES - Match FAA CARES Grant (Apron Project) {2020-2024) 1 $685,ooo s1,ooo,ooo 1 $33,921 1 $16,865,798 $18,584,719 Commercial Apron Expansion and New TW E (Environmental and Design) New Terminal (Design) CARES Act Operational Use FAA Entitlement FAA Cares - Match FAA CARES Grant FAA CARES Grant $305,286 $33,921 $1,200,000 $2,000,000 2020 FUNDING BALANCE (going into 2021) FAA Carry-Over (going into 2021) $379,714 FAA Entitlement (going into 2021) $1,000,000 O..ll r·.ac $15,045,512 $0 FAA CARES Grant (going into 2021) $13,665,798 172 1,904 2,376 2,538 St?!ectecl Year 2013 12 o o o o o o o o o o o o o o o o Yampa Valley Regional Colorado Springs Municipal Northern Colorado Regional Gunnison-Crested Butte Regional $16.87 m $24.34 m $18 m $18.57 m Denver $International269.07 m MontroseMemorial Regional Pueblo Aspen/Pitkin County Eagle County Regional Grand Junction Regional Durango/La Plata County $2.03 m $5.68 m $3.31 m $2.54 m $1.04 m $3.44 m Centennial Cortez/Montezuma County Rocky Mountain Metropolitan $633 k $157 k $157 k Holly Rangely Meeker Blake Field Meadow Lake Colorado Air and Space Port Lake County Stevens Field McElroy Field Perry Stokes Hopkins Field Spanish Peaks Wray Municipal Municipal Erie Fremont County Lamar Municipal Yuma Municipal Limon Municipal Harriet Alexander Boulder Municipal Kit Carson County Steamboat Springs Telluride Regional Sterling Municipal La Junta Municipal Greeley/Weld County Craig-Moffat County Granby/Grand County Vance Brand Municipal Fort Morgan Municipal Monte Vista Municipal Garfield County Regional San Luis Valley Regional Colorado Plains Regional Central Colorado Regional $69 k $69 k $69 k $69 k $69 k $30 k $k30 k $30 $30 k $30 k $30 k $30 k $30 k $30 k $30 k $30 k $30 k $30 k $30 k $30 k $30 k $30 k $30 k $30 k $20 k $20 k $20 k $20 k $20 k $20 k $20 k $k20 k $20 $k20 k $20 Non-Qualifying Airport p o o999 $$1-100,$99,000-$999,999 o $1,000,000-$9,999,999 o999 $10,000,000-$99,999, o $100,000,000+ CARES Act Grants Attachment for 1 Colorado Airports 6