Title
An Ordinance authorizing the execution of a Missouri Highways and Transportation Commission State Block Grant Agreement by and between the City of Lee's Summit, Missouri and the Missouri Highways and Transportation Commission, Granting federal funds in the amount of $252,207 for eligible preliminary project costs towards the preparation of the Airport Master Plan Update - Phase1 for the Lee’s Summit Municipal Airport. (BOAC 9/30/19) (PWC 10/07/19)
Body
Issue/Request:
An Ordinance authorizing the execution of a Missouri Highways and Transportation Commission State Block Grant Agreement by and between the City of Lee's Summit, Missouri and the Missouri Highways and Transportation Commission, Granting federal funds in the amount of $252,207 for eligible preliminary project costs towards the preparation of the Airport Master Plan Update - Phase1 for the Lee’s Summit Municipal Airport.
Key Issues:
· The Commission has agreed to award funds to the Sponsor with the understanding that such funds will be used for a project pursuant to this State Block Grant Agreement.
· The purpose of this agreement is to provide financial assistance to the Sponsor under the State Block Grant Program for the Master Plan Update-Phase 1.
· The project period shall be from the date of the execution by the commission to December 31, 2021.
· The initial amount of this grant is not to exceed $252,207 for eligible preliminary project costs.
· The amount of this grant represents 90% of eligible project costs.
· The initial amount of local matching funds to be furnished by the Sponsor is not to exceed $28,023.
· This grant shall expire and the Commission shall not be obligated to pay any part of the costs of the project unless this grant Agreement has been executed by the Sponsor on or before November 30, 2019 or such subsequent date as may be prescribed in writing by the Commission.
Proposed City Council Motion:
FIRST MOTION: I move for a second reading of An ...
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