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HomeMy Public PortalAbout2002_06_25_r105The Town of Leesburg, ._. rg nta RESOLUTION PRESENTED June 25, 2002 ADOPTED June 25, 2002 A RESOLUTION: AUTHORIZING THE TOWN MANAGER TO SIGN THE CONTRACT WITH DIETZE CONSTRUCTION GROUP IN THE AMOUNT OF $2,319,257.00 FOR TERMINAL BUILDING RENOVATION AND EXPANSION AND AUTHORIZING A TRANSFER FROM THE GENERAL FUND BALANCE IN THE AMOUNT OF $497,880.00 WHEREAS, The Leesburg Executive Airport is the Commonwealth's second busiest general aviation airport; and WHEREAS. the Town is dedicated to a Capital Improvement Program at the Airport to increase capacity and maintain a high level of safety; and WHEREAS. The Town desires to proceed with the Terminal Building Renovation and Expansion Project; and WHEREAS. this project is to be funded by State grant in the amount of $ 995,760.00 and the remaining $1,323,497.00 is to be funded by bond revenue; and WHEREAS. these State grant funds are provided by the Virginia Aviation Board in two tentative allocations, and the first allocation of $497,800.00 has been received; and WHEREAS. the Town must advance the second tentative allocation of State funds, or $497,880.00 until FY 2004, and the source of these funds will be the General Fund Balance to be reimbursed by State grant if available; and WHEREAS, the Airport Director and Airport Commission recommend adoption of this resolution. -2- RESOLUTION: AUTHORIZING THE TOWN MANAGER TO SIGN THE CONTRACT WITH DIETZF~ CONSTRUCTION GROUP IN THE AMOUNT OF $2,319,257.00 FOR TERMINAL BUILDING RENOVTION AND EXPANSION THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: ATTEST: SECTION I. The Town Manager is hereby authorized to execute the contract with Dietze Construction Group in the amount of $2,319,257.00 for Terminal Building Renovation and Expansion in a form acceptable to the Town Attorney; and SECTION II: A transfer is authorized from the General Fund Balance to the Airport Fund in the amount of $497,880.00 to be reimbursed by State grant if available. PASSED this 25th day of June 2002. Mayor Town of Leesburg Clerk of Council R02:deitzconst