SUBJECT/RECOMMENDATION:
Title
Accept Florida Department of Transportation (FDOT) Grant Agreement Amendment (No. 452861-1-94-01) in the amount of $200,000 for the Design of a Terminal Building at Clearwater Airpark and authorize the appropriate officials to execute same. (consent)
Body
SUMMARY:
On January 12, 2023, City Council approved the Lease and Property Operating Agreement (Operating Agreement) with FlyUSA to manage the Clearwater Airpark, and subsequently approved the First Amendment to the Lease and Property Operating Agreement on March 7, 2024.
On May 18, 2023, Council Approved Resolution 23-07 and a Public Transportation Grant Agreement with the Florida Department of Transportation in the amount of $300,000 for the design of a new terminal building at Clearwater Airpark. FDOT is to pay 80% ($240,000) with the Airpark Reserves to match 20% ($60,000) which will be reimbursed by the Airpark Operator, FlyUSA, through terms of their operating agreement.
The cost of the design portion of the terminal building exceeded the $300,000 in the PTGA. Through our operating agreement with FlyUSA we have approached FDOT and requested an amendment to add $200,000 more funding to the original agreement. FDOT will provide $160,000 (80%) with Airpark Reserves to match $40,000 (20%). FlyUSA is obligated to reimburse the City for their cash match portion of $40,000.
This will bring the total PTGA grant amount to $500,000 with FDOT contributing $400,000 (80%) and Airpark Reserves to match $100,000 (20%) with FlyUSA to reimburse cash match amount of $100,000 to the City.
APPROPRIATION CODE AND AMOUNT:
A third quarter budget amendment will increase capital project 302-G2307, Aviation Operations Center, by $200,000 recognizing grant funding of $160,000 and reimbursement revenues of $40,000 to provide project funding for this agreement.
USE OF RESERVE FUNDS:
Airpark reserves of $40,000 will be allocated to capital improvement project G2307 and will be replenished with reimbursement from FlyUSA.
STRATEGIC PRIORITY:
High Performing Government
1.2 Maintain public infrastructure, mobility systems, natural lands, environmental resources, and historic features through systematic management efforts.
Economic & Housing Opportunity
2.2 Cultivate a business climate that welcomes entrepreneurship, inspires local investment, supports eco-friendly enterprises, and encourages high-quality job growth.
2.3 Promote Clearwater as a premier destination for entertainment, cultural experiences, tourism, and national sporting events.