Resolution - Aviation: Consider a resolution authorizing the Mayor to accept a grant agreement under the Federal Aviation Administration Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Development Addendum for Lubbock Preston Smith International Airport, for the construction of the Customs Facility Project.
Item Summary
The Federal Aviation Administration (FAA) has agreed to amend its CARES Act Airport Grant Agreement to reallocate $2,728,000 of funds awarded under # 3-48-0138-045-2020 for airport development. The development addendum is approved and allocated for the construction of the Customs Facility project.
Fiscal Impact
This action reallocated $2,728,000 from CARES grant # 3-48-0138-045-2020 to a new grant #3-48-0138-055-2022, for the sole purpose of constructing a Customs facility.
Staff/Board Recommending
Bill Howerton, Deputy City Manager Kelly Campbell, Executive Director of Aviation Airport Advisory Board