Title
Consider/Discuss/Act on a Resolution Authorizing the City Manager to Enter into an Advance Funding Agreement with the Texas Department of Transportation for the Airport Runway Extension to the North to Enable Realignment of Spur 399 at McKinney National Airport
Summary
COUNCIL GOAL: Maximize the Development Potential of McKinney National Airport
(3A: Implement initiatives and strategies, including public-private partnerships, to attract and expand corporate and commercial aviation including the viability of passenger service)
MEETING DATE: June 7, 2022
DEPARTMENT: Development Services / Engineering
CONTACT: Gary Graham, Director of Engineering
Kenneth Carley, Director of Airport
RECOMMENDED CITY COUNCIL ACTION:
*? Approval of the Resolution.
ITEM SUMMARY:
*? This Resolution authorizes the City Manager to enter into an Advance Funding Agreement with the Texas Department of Transportation (TxDOT) Outlining Obligations, Funding Sources, and Requirements for the Airport Runway Extension to the North to Enable Realignment of Spur 399 at McKinney National Airport
BACKGROUND INFORMATION:
* The McKinney National Airport Master Plan identifies the need for a 1,500-foot runway extension to Runway 18-36. A preferred alternative analysis has identified the best option is a split 500-foot extension to the south and a 1,000-foot extension to the north.
* The goal of the project is to meet the needs of McKinney National Airport's increasing segment of jet activities. The Airport Master Plan projects increased use by business jets needing longer runway lengths to accommodate heavier loads and longer stage lengths. Hot days or wet pavement impose further limitations by eroding aircraft takeoff and landing performance.
* Staff has previously worked with the North Central Texas Council of Governments (NCTCOG), TxDOT, and Collin County to identify and request alternative (non-local) funding sources which may be available to support the planned improvem...
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