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HomeMy WebLinkAbout~Master - Funds for Airport Hangar Painting Project RESOLUTION NO. 07-423 RESOLUTION AUTHORIZING MATCHING FUNDS FOR MUNICIPAL AIRPORT HANGAR PAINTING PROJECT FOR THE CITY OF AMES WHEREAS,the Iowa Department of Transportation(IDOT)has authorized$267,000 for vertical infrastructure improvements at general aviation airports throughout Iowa; and, WHEREAS,this program provides matching funds for improvements to hangars,terminals,and fuel farms, which generally are not authorized for use of federal funds; and, WHEREAS, staff applied for$80,000 of these funds to paint the roofs and sidewalls of four tee hangars and one maintenance hangar at the airport, and on July 17, 2007,this project was approved by the IDOT; and, WHEREAS,the program will be funded with an 80%state and 20%City match,and a resolution authorizing the project must be completed as required to execute the agreement; and, WHEREAS,the approved 2007/2008 CIP for airport hangar improvements programs$100,000 for this proj ect with$80,000 in IDOT grant funds and$20,000 local match from the Airport Construction Fund; and, WHEREAS, the 80% IDOT share of the project will be $73,568.70 with the City share of the project being $18,392.18. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,that authorization of matching funds with the Iowa Department of Transportation for the Ames Municipal Airport Hangar Painting Project in the amount of$18,392.18 is hereby approved. ADOPTED THIS I Ith day of September, 2007. Ly-lt& ATV Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Mahayni Seconded by: Goodman Voting aye: Doll, Goodman, Larson, Mahayni, Popken, Rice Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this I Ith day of September, 2007.