Title
Consider/Discuss/Act on an Ordinance Amending the Fiscal Year 2019-2020 Annual Budget and the 2020-2024 Capital Improvements Program to Provide Funds for the Runway 18-36 Joint Rehabilitation Project (AI2064-Airfield Pavement Rehabilitation) at the McKinney National Airport; and Providing an Effective Date
Summary
COUNCIL GOAL: Maximize the Development Potential of the McKinney National Airport
3B: Identify and implement land use regulations and policies with preserve and expand long-term operational excellence.
MEETING DATE: April 21, 2020
DEPARTMENT: Airport
CONTACT: Ken Carley, Airport Director
RECOMMENDED CITY COUNCIL ACTION:
• Approve Ordinance
ITEM SUMMARY:
• This Ordinance amends the Fiscal Year 2019-2020 Annual Budget and the 2020-2024 Capital Improvements Program by appropriating $198,000 in the Airport Construction Fund for Project AI2064 Airfield Pavement Rehab; and transferring $242,400 from AI1816 Customs Building Project to AI2064 Airfield Pavement Rehab Project.
BACKGROUND INFORMATION:
• Total Project costs are estimated to be $432,400.
• TxDOT has programmed $198,000 in its Aviation Capital Improvement Program to reimburse a portion of the Airfield Pavement Rehabilitation costs, however, the project is required to be completed this fiscal year to be eligible.
• CIP Project AI1816 (CUSTOMS BLDG AT AIRPORT) currently has $2,569,449 programmed, with an estimated total cost of $5,500,000. Design and work have not begun for this project while the remaining funding is considered. Staff is recommending to transfer $234,400 from this project to meet TXDOT’s reimbursement eligibility deadline on the Airfield Pavement Rehab project.
• The City will be responsible for administering the project and will seek reimbursement for eligible construction costs, not to exceed $198,000, upon project completion.
FINANCIAL SUMMARY:
• The financial summary attached to the ordinance details the additional appropriation of $198,000 in the Airport Construction Fund for AI2064 Airfield Pavement Rehabilitation Project.
• The 2020-2024 Capital Improvements Program shall also be amended by transferring $234,400 from Project AI1816 Customs Building to Project AI2064 Airfield Pavement Rehab for the Runway 18-36 Joint Rehabilitation.
• Upon approval of this agenda item the total project budget will be $432,400.
BOARD OR COMMISSION RECOMMENDATION:
• N/A