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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE A JOINT PARTICIPATION AGREEMENT BETWEEN THE CITY OF POMPANO BEACH AND THE STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION TO UPDATE AIRPORT MASTER PLAN AT POMPANO BEACH AIR PARK; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $350,000)
staffcontact
(Staff Contact: Steven Rocco/Robert McCaughan)
summary
Summary Explanation/Background:
Staff recommends Commission approval of the proposed JPA which provides grant funding in the amount of $17,500 from FDOT to update the Air Park Master Plan at Pompano Beach Airpark. Total estimated cost for the Master Plan is $350K which will be paid via a 3-way cost share: FAA (90%), FDOT (5%), and Air Park (5%). The FAA grant funding has not been secured yet; however, the FAA has provided a verbal commitment for its cost share.
Origin of request for this action: Public Works
Fiscal impact and source of funding: $350,000 from 465-7587-542-6503 (Project #17-309)