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 $98,064 for the Airport Business Plan at the Lee’s Summit Municipal Airport.
Background:
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 Airport has budgeted $70,000 in local match money for both the Master Plan and Business Plan. 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.
Timeline:
Start: October 31, 2019
Finish: December 31, 2021
Presenter
Dena Mezger, Director of Public Works
Recommendation
Staff recommends approval 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.
Committee Recommendation
Committee Recommendation: The Public Works Committee voted unanimously 4-0 to recommend to City Council approval 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.
The Board of Aeronautic Commissioners voted unanimously 5-0 to recommend to City Council approval 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.