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HomeMy Public PortalAbout056-2012 - Grant - Taxiway BORDINANCE 56 -2012 AN APPROPRIATION ORDINANCE AUTHORIZING THE SUBMITTAL, ACCEPTANCE, AND APPROPRIATION OF A GRANT FROM THE UNITED STATES FEDERAL AVIATION ADMINISTRATION WHEREAS, In accordance with Indiana Code (IC) 36-1-4-10, a municipality may execute any documents necessary to receive money from the state or federal government or any other source, and said documents are prepared and executed by the City executive administration, provided that the Common Council of the City of Richmond as the legislative body of the City approves an ordinance for the appropriation of any monies received in accordance with IC 36-4-6-18; and WHEREAS, The Federal Aviation Administration has additional grant funding available through its Airport Improvement Program; and WHEREAS, The City of Richmond desires to submit a grant application to assist with-1 the costs associated with the Terminal Apron and Taxiway Phase 3 project located at the Richmond Municipal Airport; and WHEREAS, An overall 10% local match is required for this grant, of which one-fourth of the local match of 10%, or 2.5%, will be provided by the Indiana Department of Transportation for the City of Richmond so long as the City of Richmond provides the remaining three -fourths of the local match of 10%, or 7.5%, local match of the funding grant. NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond, Indiana, as follows: 1. The City of Richmond Airport in accordance with IC 36-1-4-10 has submitted or will submit a grant application to the United States Federal Aviation Administration to assist with the costs associated with the rehabilitation and construction of the Terminal Apron and Taxiway Phase 3 project located at the Richmond Municipal Airport. 2. The City of Richmond is authorized to accept said grant funding in an amount up to Four H ndred Ninety Thousand Two Hundred Fifty-nine xl<�C__/ Dollars ($490,259.OS }) from the Federal Aviation Administration and to accept an amount up to Thirteen Thousand Six Hundred Eighteen Dollars and Thirty-one Cents ($13,618.31) from the Indiana Department of Transportation. 3. The City of Richmond shall be required to match a maximum of Forty Thousand Eight Hundred Fifty-five Dollars and Nineteen Cents ($40,855.19) for the local match, so long as the Indiana Department of Transportation pays the amount of Thirteen Thousand Six Hundred Eighteen Dollars and Thirty-one Cents ($13,618.31). The City's Iocal match has been set aside from Tax Increment Financing ("TIF") funds. 4. If the grant is awarded to the City of Richmond, said funds from the United States Federal Aviation Administration in the amount of up to Four Hundred Ninety Thousand Two Hundred Fifty-nine Dollars ($490,259.00), and the local match from the Indiana Department of Transportation in the amount of up to Thirteen Thousand Six Hundred Eighteen Dollars and Thirty-one Cents ($13,618.31) , and the local match from the City of Richmond in the amount of up to Forty Thousand Eight Hundred Fifty-five Dollars and Nineteen Cents ($40,855.19) shall be appropriated for assistance with the costs associated with the Terminal Apron and Taxiway Phase 3 project located at the Richmond Municipal Airport. Passed and adopted this/ ! day of 2012, by the Common Council of the City of Richmond, Indiana. 0 (Karen Chasteen, IAMC, MMC) President (Philip Matthe Quinn) P SENTED to the Mayor of the City of Richmond, Indiana, this Jfl day of "~ 2012, at 9:00 a.m. (Karen Chasteen, IAMC, MMC) APPROVED by me Sarah L. Hutton, Mayor of the City of Richmond, Indiana, this day of , 2012, at 9:05 a.m. NWa Y or 0-M (Sarah L. Hutton) ATTES (Karen Chasteen, IAMC, MMC)