The URL can be used to link to this page

Home My WebLink About174-20 RESOLUTION113 West Mountain Street Fayetteville, AR 72701 (479) 575-8323 Resolution: 174-20 File Number: 2020-0448 CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT GRANT: A RESOLUTION TO AUTHORIZE THE ACCEPTANCE OF A CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT GRANT FROM THE FEDERAL AVIATION ADMINISTRATION IN THE AMOUNT OF $69,000.00 TO OFFSET LOSS OF AIRPORT REVENUE RELATED TO THE COVID-19 PANDEMIC, AND TO APPROVE A BUDGET ADJUSTMENT 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 acceptance of a Coronavirus Aid, Relief, and Economic Security Act grant from the Federal Aviation Administration in the amount of $69,000.00 to offset the loss of airport revenue related to a reduction in operations due to the COVID-19 pandemic. Section 2: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution. PASSED and APPROVED on 7/7/2020 Page 1 Printed on 718120 Resolution 174-20 File Number 2020-0448 Approv id V Attest: y G` -R K�j Lioneld Jo an, ayor Kara Paxton, City Clerk Treasurfr SON C09,Z%%% Page 2 Printed on 718120 City of Fayetteville, Arkansas 113 West Mountain Street :_-j ,` \ Fayetteville, AR 72701 (479) 575-8323 ¢.. Text File File Number: 2020-0448 Agenda Date: 7/7/2020 Version: 1 Status: Passed In Control: City Council Meeting File Type: Resolution Agenda Number: A. 2 CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT GRANT: A RESOLUTION TO AUTHORIZE THE ACCEPTANCE OF A CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT GRANT FROM THE FEDERAL AVIATION ADMINISTRATION IN THE AMOUNT OF $691000.00 TO OFFSET LOSS OF AIRPORT REVENUE RELATED TO THE COVID-19 PANDEMIC, AND TO APPROVE A BUDGET ADJUSTMENT 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 acceptance of a Coronavirus Aid, Relief, and Economic Security Act grant from the Federal Aviation Administration in the amount of $69,000.00 to offset the loss of airport revenue related to a reduction in operations due to the COVID-19 pandemic. Section 2: That the City Council of the City of Fayetteville, Arkansas hereby approves a budget adjustment, a copy of which is attached to this Resolution. City o/ Fayetteville, Arkansas Page 1 Printed on 71812020 Summer Fallen Submitted By City of Fayetteville Staff Review Form 2020-0448 Legistar File ID 7/7/2020 City Council Meeting Date - Agenda Item Only N/A for Non -Agenda Item 6/17/2020 AIRPORT SERVICES (760) Submitted Date Division / Department Action Recommendation: Staff requests approval for the Aviation Division to accept a Grant from the Federal Aviation Administration (FAA) for the CARES Act Funding. This grant will provide crisis relief to airports in response to the COVID-19 pandemic. The CARES Act will provide $69,000 to our airport. The funding will be utilized to offset loss of revenue related to the reduction of operations. This is a 100% grant with no matching funds requirement. Staff also requests Approval of a Budget Adjustment. 5550.760.3940-4309.01 Account Number 32004 Project Number Budgeted Item? NA Does item have a cost? No Budget Adjustment Attached? Yes Purchase Order Number: Change Order Number: Original Contract Number: Comments: Budget Impact: Federal Grants -Operational Fund FAA CARES Act Grant Current Budget Funds Obligated Current Balance Item Cost Budget Adjustment Remaining Budget Project Title $ - $ 69,000.00 $ 69,000.00 Previous Ordinance or Resolution # Approval Date: V20180321 CITY OF A: FAYETTEVILLE ARKANSAS TO: Lioneld Jordan, Mayor Fayetteville City Council THRU: Susan Norton, Chief of Staff FROM: Summer Fallen, Airport Services Manager DATE: June 17th, 2020 CITY COUNCIL MEMO SUBJECT: FAA CARES Act Grant Acceptance and Fund Recognition and Approval of a Budget Adjustment RECOMMENDATION: Staff requests approval for the Aviation Division to accept a Grant from the FAA in the amount of $69,000. Staff also requests Approval of a Budget Adjustment. BACKGROUND: The US Department of Transportation Secretary Elaine L. Chao recently announced the approved CARES Act. Funding will provide crisis relief to airports affected by the prevention of, preparation of, and response to the COVID-19 pandemic. DISCUSSION: Funds were approved to offset loss of revenue as a result of the drastic decline of aviation operations. Economic relief will also ensure existing projects continue so we are ready to meet demand when our National Airspace System is operating at normal capacity. These funds may be utilized to offset a variety of operational costs including payroll and the purchase of fuel. BUDGET/STAFF IMPACT: The CARES Act will provide $69,000. This is a 100% grant with no matching funds requirement. Funds will be added to the Airport Delphi account. Attachments: Staff Review Form City Council Memo Budget Adjustment Payment Request Email Remittance Email Mailing Address: 113 W. Mountain Street www,fayetteville-ar.gov Fayetteville, AR 72701 McCoy, Dee From: Delphi Workflow Mailer ISPAPPWF <noreply@faa.gov> Sent: Friday, May 29, 2020 12:10 PM To: McCoy, Dee Subject: For Your Information: Payment request: FAA : 202OKFYV has been approved. Attachments: Notification Detail.html CAUTION: This email originated from outside of the City of Fayetteville. Do not click links or open attachments unless you recognize the sender and know the content is safe. To DEE MCCOY Sent 29-MAY-202012:09:40 ID 19477165 Payment request: 202OKFYV has been approved. If you have any questions, you may refer to documentation and training at: http://www.dot.gov/cfo/delphi-einvoicing-system.html You may reach the DOT Enterprise Services Center helpdesk at 405-954-3000 or 866-641-3500. NOTICE: This electronic message transmission contains information, which may be FOR OFFICIAL USE ONLY - PRIVACY SENSITIVE - Any misuse or unauthorized disclosure can result in both civil and criminal penalties. If you are not the intended recipient, be aware that any disclosure, copying, distribution or use of the content of this information is prohibited. If you have received this communication in error, please notify the DOT at 405-954-3000 or 866-641-3500 and delete the original message. 06/03/2020 4:31 AM Page 10 of 12 Arvest Bank Operations , Lowell AR Telephone. 877-849-2274 Fax: 479-750-5439 or Email: TMCustomerService@arvest.com City of Fayetteville ACH REMITTANCE ADVICE DETAIL REPORT RECEIVER INFORMATION Receiver Name: FAYETTEVILLE AR CITY O DFI Account Number: 19617280 Receiving DFI ID. 082900872 ID Number: 716018462690011 Settlement Date: June 03, 2020 Transaction Type: 22 Amount: $69,000.00 TRANSACTION DETAILS ORIGINATOR INFORMATION Originator Name: FAA TREAS 310 Company ID: 9101036151 Originating DFI: 101036151 Company Descriptive Date: 060320 Effective Entry Date: June D3, 2020 Transaction Description: Demand Credit - Auto Deposit Discretionary Data: Discretionary Data: 04 Entry Description. MISC PAY Company Name/ID#: FAYETTEVILLE AR CITY 0 SEC Code: CCD Addenda Rec. Count: 1 Service Class Code: 220 - ACH Credits Only ACH Trace Number: 101036150714252 Batch Number: 108 Reference Code: Remittance Advice Accounts Receivable Open Item Referen Seller's Invoice Number: 202OKFYV Payment action code: Al Monetary amount: $69.000.00 Monetary amount: $69,$00000.00 Lys s i e/Debora h Monetary amount: 50.0 Wei �dt ; 999cc),o i�scr 6r(m� �?-dS-002,o-047.2020 C(2wsv4 �<nf Cr : 55550 , 7VJ V40 - 430q. 0/ 3 2001- City of Fayetteville, Arkansas - Budget Adjustment Form (Legistar) Budget Year Division Adjustment Number AIRPORT SERVICES (760) 2020 /Org2 Requestor: Dee McCoy BUDGET ADJUSTMENT DESCRIPTION / JUSTIFICATION: Staff requests approval of a budget adjustment in the amount of $69,000.00 from the FAA CARES Act. This provides funding in response to the COVID-19 Pandemic, and will be used to offset loss of revenue related to the reduction of operations. RESOLUTION/ORDINANCE COUNCIL DATE: LEGISTAR FILE ID#: 7/7/2020 2020-0448 Holly Slack 6/1V2020 9:05 AM Budget Director TYPE: JOURNAL #: GLDATE: CHKD/POSTED: Date TOTAL - - v.20200324 Increase / (Decrease) Project.Sub# Account Number Expense Revenue Project Sub.Detl AT Account Name 5550.760.3940-4309.01 - 69,000 32004 RE Federal Grants - Operational 5550.760.3940-4999.99 - (69,000) RE Use Fund Balance - Current H:\Budget Adjustments\2020_Budget\City Council\07-07-2020\2020-0448 Airport CARES Act grant 1 of 1