Title
An Ordinance authorizing the execution of a Missouri Highways and Transportation Commission Airport Aid Agreement to Airport by and between the City of Lee's Summit, Missouri, and the Missouri Highways and Transportation Commission, Granting funds for $98,064 for the Airport Business Plan at 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 Airport Aid Agreement to Airport by and between the City of Lee's Summit, Missouri, and the Missouri Highways and Transportation Commission, Granting funds for $98,064 for the Airport Business Plan at the Lee’s Summit Municipal Airport.
Key Issues:
· The purpose of this agreement is to provide financial assistance to the sponsor.
· The Commission approved funds for Airport Business Plan for $98,064.
· The amount of local matching funds, and/or other resources, to be furnished by the Sponsor is $10,896.
· The Sponsor warrants to the Commission that it has sufficient funds, or other readily available resources, to provide the local matching funds to complete the project.
· The project time period shall be from the date of the execution of the Agreement by the Commission to December 31, 2021.
Proposed City Council Motion:
FIRST MOTION: I move for a second reading of an Ordinance authorizing the execution of a Missouri Highways and Transportation Commission Airport Aid Agreement to Airport by and between the City of Lee's Summit, Missouri, and the Missouri Highways and Transportation Commission, Granting funds for $98,064 for the Airport Business Plan at the Lee’s Summit Municipal Airport.
SECOND MOTION: I move for adoption of an Ordinance authorizing the execution of a Missouri Highways and Transportation Commission Airport Aid Agreement to Airport by and between the City of Lee's Summit, Missouri, and the Missouri Highways and Transportation Commission, Granting funds for...
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