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HomeMy WebLinkAbout171-04 RESOLUTION• RESOLUTION NO. 171-04 A RESOLUTION AUTHORIZING THE FAYETTEVILLE MUNICIPAL AIRPORT STAFF TO ACCEPT AN INCREASE IN THE GRANT AMOUNT OF $50,000.00 (FOR A TOTAL OF $150,000.00) FROM THE ARKANSAS DEPARTMENT OF AERONAUTICS FOR THE CONSTRUCTION OF A NEW T -HANGAR; AND APPROVING A BUDGET ADJUSTMENT RECOGNIZING THE INCREASED GRANT REVENUE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby authorizes the Fayetteville Municipal Airport staff to accept an increase in the grant amount of $50,000.00 (for a total of $150,000.00) from the Arkansas Department of Aeronautics for the construction of a new T -Hangar. Section 2: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment recognizing the increased grant revenue. PASSED and APPROVED this lst day of November 2004. APPROVED: By: ATTEST: By: DRA S TCity Clerk DAN COODY, May • City of Fayetteville, Arkansas Budget Adjustment Form • Budget Year 2004 Department: General Govemment Division: Aviation & Economic Development Program: Airport Revenue Date Requested 10/15/2004 Adjustment Number Project or Item Requested: $50,000.00 in the State Grants revenue account Project or Item Deleted: None. Reduce Use of Fund Balance $50,000.00 Justification of this Increase: Will provide additional grant funds for the construction of an 8 -bay T -hangar. Justification of this Decrease: The grant will fund 50% of the construction cost up to $150,000. Increase Expense (Decrease Revenue) Account Name Account Number Amount Project Number State grants 5550 0955 6805 00 50,000 03013 1 Decrease Expense (Increase Revenue) Account Name Account Number Amount Project Number Use of fund balance 5550 0955 4999 99 50,000 Approval Signatures Red :y Date 7 udget Manager Date Department Director Date strative ry es Direc or tared Mayor /0-20,°f� Date Budget Office Use Only Type: A B C (ED E Date of Approval Posted to General Ledger Posted to Project Accounting Entered in Category Log Date Initial Date Initial Date Initial Date Initial NAME OF FILE: CROSS REFERENCE: Item # Date • Resolution No. 171-04 w/budget adjustment Document • 1 10/14/04 memo to mayor & City Council 2 draft resolution 3 letter to Ray Boudreaux from State of Arkansas 4 Staff Review Form 5 memo to Ray Boudreaux 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 • City Council Meeting, November 2, 2004 " / / 1° Agenda Item Number: /9/ CITY COUNCIL AGENDA MEMO ,7 f p TO: Mayor and City Council &WWI/C5 6r�-f THRU: Staff/Contract Review Committee • FROM: Ray M. Boudreaux, Director, Aviation and Economic Develo anent DATE: October 15, 2004 SUBJECT: Arkansas Aeronautics Department Grant Amendment T hangar "H" RECOMMENDATION: Approve Arkansas Department of Aeronautics Grant to increase SAAG #2068 04 by $50,000.00 for a total grant amount of $150,000.00 for construction of T Hangar "H". BACKGROUND- T Hangar "H" was approved for construction by the Airport Board at their February 12, 2004 meeting. Arkansas Department of Aeronautics granted $100,000.00 to the project. Once the hangar was bid for the second time the Airport Board requested tat we apply for an amendment to the grant to reach the maximum amount of $150,000.00. Due to the increase in price resulting from the increase in materials and fuel costs, the project was authorized to apply for the increased amount. Staff presented to the Department of Aeronautics for amendment which was approved. DISCUSSION: T Hangar "H" construction has been awarded to Architectural Contractors, Inc. and a notice to proceed has been issued. This additional $50,000.00 grant will reduce the amount to be taken from the Airport Fund Balance for completion of the project. BUDGET IMPACT: The additional $50,000.00 will be totally applied to the T Hangar "H" construction project. Attachments: Staff Review Form Award Letter from Arkansas Department of Aeronautics Budget Adjustment Aviation and Economic Development Department Fayetteville Municipal Airport, Drake Field 4500 South School Avenue, Suite F Fayetteville, Arkansas 72701 Ray M. Boudreaux, Director • • RESOLUTION NO. A RESOLUTION AUTHORIZING THE FAYETTEVILLE MUNICIPAL AIRPORT STAFF TO ACCEPT AN INCREASE IN THE GRANT AMOUNT OF $50,000.00 (FOR A TOTAL OF $150,000.00) FROM THE ARKANSAS DEPARTMENT OF AERONAUTICS FOR THE CONSTRUCTION OF A NEW T - HANGAR; AND APPROVING A BUDGET ADJUSTMENT RECOGNIZING THE INCREASED GRANT REVENUE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the City Council of the City of Fayetteville, Arkansas hereby authorizes the Fayetteville Municipal Airport staff to accept an increase in the grant amount of $50,000.00 (for a total of $150,000.00) from the Arkansas Department of Aeronautics for the construction of a new T -Hangar. Section 2. That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment recognizing the increased grant revenue. PASSED and APPROVED this 2nd day of November 2004. APPRO /+1 DAN$ ODY, Mayr- By: SONDRAdSMITTCity Clerk MIKE HUCKABEE GOVERNOR Commissioners Darryl Riddell West Helena Marion Burton Little Rock John Sparks Little Rock Gary Jackson Rogers Linda Crawford Texarkana Lindley Smith Jonesboro Milton Brunson Camden • • STATE OF ARKANSAS DEPARTMENT OF AERONAUTICS Little Rock National A'rport • One Airport Drive • 3rd Floor Little Rock, Arkansas 72202-4402 Telephone: (501) 376-6781 • Fax: (501) 378-0820 September 15, 2004 Mr. Ray M. Boudreaux, Director Aviation & Economic Development Fayetteville Municipal Airport 4500 South School Avenue, Suite F Fayetteville, Arkansas 72701 Dear Mr. Boudreaux: JOHN K. KNIGHT The Arkansas Aeronautics Commission in their meeting of September 14, 2004 voted to approve an amendment to state airport aid grant #2068-04 in the amount of $50,000.00 due to unexpected increase in cost of structural steel for construction of 8 -Bay T - Hangar at the Fayetteville Municipal Airport. (Amend from $100,000.00 to $150,000.00) (50-50%) Payment of this grant can be made upon completion of the project, written request for payment and submission of documentation required for payment of the project. Please contact our office if you have any questions about the payment process. If you have any questions concerning the amendment, please feel free to contact our office. Sincerely, John K. Knight Director JK/cb AGENDA REQUEST CONTRACT REVIEW X GRANT REVIEW STAFF VIEW FORM - FINANCIAL OBLIGATION State Aeronautics Grant Amend Grant #2068-04 T-Hanga For the Fayetteville City Council Meeting of: November2,2004 FROM: Ray M. Boudreaux Name Aviation & Economic Development General Government Division Department ACTION REQUIRED: A Resolution to accept an Amendment to the Arkansas Department of Aeronautics Grant #2068-04 to increase the funding amount $50,000 for a total grant amount of $150,000 to construct an 8 Bay T -hangar. Approval of the associated Budget Adjustment. COST TO CITY: $50,000 Revenue S 359,695.00 8 -Bay T -Hangar Cost of this request Category/Project Budget Program Category / Project Name 5550.0955.6805.00 S 344,352.50 Capital Account Number Funds Used to Date Program / Project Category Name 03013-1 S 15,342.50 Airport Project Number Remaining Balance Fund Name BUDGET REVIEW: Budgeted Item X Budget Adjustment Attached -6 udget Manager Date CONTRACT/GRANT/LEASE REVIEW: Accounting Manager City Attorney Date Internal Auditor Date ate Purchasing Manager Date STAFF RECOMMENDATION: Finance & Internal Services Dir. Received in Mayor's Office Date Iross Reference: Previous Ord/Res#: 24-04 l0- lo -45, Date Orig. Contract Date: 17 -Feb -04 to -it oy Date Orig. Contract Number: Grant #2068-04 New Item: Yes No X • FAYETTEIALLE THE CITY OF FAYETTEVILLE, ARKANSAS City Clerk Division DEPARTMENTAL CORRESPONDENCE • 113 West Mountain Fayetteville, AR 72701 Telephone: (479) 575-8323 To: Ray Boudreaux Aviation & Economic Development From: Clarice Buffalohead-Pearman City Clerk Division Date: November 9, 2004 Re: Resolution No. 171-04 The City Council passed a resolution November 1, 2004, authorizing staff to accept the increase in the grant funds from Arkansas Department of Aeronautics. I have attached a copy of the resolution and budget adjustment for said funds. The resolution will be recorded in the city clerk's office and microfilmed. If anything else is needed please let the clerk's office know. /cbp attachments cc. Nancy Smith, Internal Auditor Barbara Fell, Budget & Research