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HomeMy Public PortalAbout007-2008 - Grant - Airport - Runway 6/24 - Phase 3ORDINANCE 7-2008 AN APPROPRIATION ORDINANCE AUTHORIZING THE SUBMITTAL, ACCEPTANCE, AND APPROPRIATION OF A GRANT FROM THE UNITED STATES FEDERAL AVIATION ADMINISTRATION (FAA) WHEREAS, The Federal Aviation Administration has grant funding available; and WHEREAS, The City of Richmond desires to submit a grant application to assist with the costs associated with rehabilitation of Runway 6/24 — Phase 3 at the Richmond Municipal Airport; and WHEREAS, A 5% local match is required for this grant, of which one half of the local match of 5.0%, or 2.5% of the funding grant, will be provided by the Indiana Department of Transportation for the City of Richmond so long as the City of Richmond provides one half of the local match of 5.0%, or 2.5% 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 is hereby authorized to submit a grant application to the United States Federal Aviation Administration (FAA) to assist with the costs associated with the rehabilitation of Runway 6/24 — Phase 3 at the Richmond Municipal Airport. 2. The City of Richmond is authorized to accept said grant funding in an amount up to One Million Two Hundred Seventy -Two Thousand One Hundred Sixty Dollars ($1,272,160.00) from the Federal Aviation Administration (FAA) and Thirty One Thousand Eight Hundred Four Dollars and Zero Cents ($31,804.00) from the Indiana Department of Transportation. 3. The City of Richmond shall be required to match 2.5% of the amount of the total of the funding grant, up to a maximum of Thirty One Thousand Eight Hundred Four Dollars and Zero Cents ($31,804.00) so long as the Indiana Department of Transportation pays the amount of Thirty One Thousand Eight Hundred Four Dollars and Zero Cents ($31,804.00). 4. Said funds from the United States Federal Aviation Administration (FAA) $1,209,052.00, from the Indiana Department of Transportation ($31,804.00) and from the City of Richmond $31,554.00, if awarded to the City of Richmond, shall be appropriated for assistance with the costs associated with rehabilitation of Runway 6/24 located at the Richmond Municipal Airport. Passed and adopted this _3rd day of _March 2008, by the Common Council of the City of Richmond, Indiana. S/S Larry L. Parker , President (Larry L. Parker) ATTEST: _S/S Karen Chasteen City Clerk (Karen Chasteen) PRESENTED to the Mayor of the City of Richmond, Indiana, this _41h _ day of _March 2008, at 9:00 a.m. _S/S Karen Chasteen City Clerk (Karen Chasteen) APPROVED by me, Sarah L. Hutton, Mayor of the City of Richmond, Indiana, this _4th _ day of March , 2008, at 9:05 a.m. S/S Sarah L. Hutton Mayor (Sarah L. Hutton) ATTEST: S/S Karen Chasteen City Clerk (Karen Chasteen)