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HomeMy WebLinkAbout1992-011-01/07/1992-FAA FORT COLLINS/LOVELAND AIRPORT GRANT GROOVE AND MARK RUNWAY IGA RESOLUTION 92-11 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE MAYOR TO ENTER INTO AN INTERGOVERNMENTAL AGREEMENT WITH THE UNITED STATES FEDERAL AVIATION ADMINISTRATION FOR PARTIAL FUNDING OF A PROJECT TO GROOVE AND MARK RUNWAY 15/33 AT THE FORT COLLINS-LOVELAND AIRPORT WHEREAS, the Federal Aviation Administration has made available One Hundred Seventeen Thousand One Hundred Thirty-six Dollars ($117, 136) of federal funds for a grant for a project to groove and mark runway 15/33 at the Fort Collins- Loveland Airport (Airport Improvement Program Project No. 3-08-0023-07) ; and WHEREAS, said grant will cover ninety percent (90%) of the total cost of the project to groove and mark runway 15/33 ("Project") ; and WHEREAS, the ten percent (10%) "local " share of the Project will be Thirteen Thousand Fifteen Dollars ($13,015) , to be divided equally between the cities of Loveland and Fort Collins; and WHEREAS, funds in the amount of Six Thousand Five Hundred Seven and 50/100 Dollars ($6,507.50) have been appropriated in the 1992 City Budget for this Project; and WHEREAS, the Project will provide a safer braking surface, improved drainage of the runway surface and better visibility of runway numbers, center line strip and runway environment markings for the primary runway for the Fort Collins-Loveland Airport; and WHEREAS, the Council of the City of Fort Collins has determined that it is in the best interest of the citizens of the City that the Mayor enter into an Intergovernmental Agreement with the United States Federal Aviation Administration for the purpose of completing the Project at a cost to the City of Six Thousand Five Hundred Seven and 50/100 Dollars ($6,507.50) . NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the Mayor be and she hereby is authorized to execute an Intergovernmental Agreement with the United States Federal Aviation Administration for the purpose of receiving a grant from the Federal Aviation Administration in the sum of One Hundred Seventeen Thousand One Hundred Thirty-six Dollars ($117, 136) for the funding of ninety percent (90%) of the cost of the Project, with the remaining ten percent (10%) of the cost of the Project to be shared equally between the cities of Fort Collins and Loveland. Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 7th day of January, A.D. 1992. 4 Mayor ATTEST: 1 n . i� City Clerk — �)