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HomeMy Public PortalAboutAB 20-134 CARES Act - Airport McCALL CITY COUNCIL 216 East Park Street AGENDA BILL McCall, Idaho 83638 Number AB 20-134 Meeting Date April 24, 2020 AGENDA ITEM INFORMATION SUBJECT: Request Approval of CARES Act Funding Application for the Airport Department Approvals Initials Originator or Supporter Mayor / Council City Manager Clerk Treasurer Community Development Police Department Public Works Golf Course COST IMPACT: $ 30,000 in revenues Parks and Recreation FUNDING SOURCE: Federal CARES Act Airport Originator Library TIMELINE: 4 years to expend funds Information Systems Grant Coordinator SUMMARY STATEMENT: The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) is a Federal Program to provide emergency assistance for individuals, families, and businesses affected by the 2020 coronavirus pandemic. Under the CARES Airport Program, General Aviation Airports such as McCall will receive an apportionment of CARES Act funding. On April 15th, the Federal Aviation Administration announced that McCall Airport has been approved for $30,000 in CARES Act Funding. Funds can be used for a wide range of operations, maintenance and capital improvement projects. CARES Act funds are separate from Airport Improvement program funds and can be expended on a wider range of items with fewer restrictions. Staff plans on not expending the funds until the impact of the coronavirus’ financial effects on the Airport Budget are known. At that time, a decision will be made. Therefore, Staff’s recommendation is Option 1 - As outlined in the attached email from William Garrison: The quickest option is to use all of your CARES Act funds for operational expenses, such as payroll, utility bills, or payment of debt service. If this is how you would like to use your airport’s CARES Act funds, just check the “I Agree” box in Field #21 and sign the attached form. Then email the signed form back to us. We will expedite processing your CARES Act grant. Attachments: Email from William Garrison (FAA) Application for Federal Assistance Form-424 RECOMMENDED ACTION: Approve the CARES Act Funding Application with option 1 and authorize the Mayor to sign all necessary documents. RECORD OF COUNCIL ACTION MEETING DATE ACTION