Submitted By: Matthew Grow
presenter
Presentation By: Matthew Grow
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Department: Aviation
STAFF RECOMMENDATION (Motion Ready):
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Adopt Budget Resolution 2024-134 amending the Fiscal Year 2023-24 budget to appropriate $675,000 in supplemental grant funding from the Florida Department of Transportation, and transfer $168,750 from the Airport reserve for contingencies account, for the design and construction of the north T-hangar access road in the amount of $843,750
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OCALA’S RELEVANT STRATEGIC GOALS:
Economic Hub, Fiscally Sustainable
PROOF OF PUBLICATION:
N/A
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BACKGROUND:
The Ocala Airport’s existing T-hangar campus is at capacity and unable to accommodate the 40+ people on its waiting list. The Airport proposes to extend a road from near the intersection of SW 67th Ave and SR 40 through the northern section of the Airport to provide access to Taxiway B (TWY-B) and ultimately Runway 08/26, the crosswind runway. This road will provide development opportunities to include T-hangars, private hangars, and other aviation and non-aviation businesses.
The project has been designed and is currently out to bid.
This supplemental grant will augment the existing grant funding for the design and construction of approximately 3,100 feet of road and associated utilities.
FINDINGS AND CONCLUSIONS:
• The project is consistent with the Airport Master Plan and Airport Layout Plan.
• Twenty-three percent ($459,982) of Airport revenue is derived from the Airport T-hangar campus.
• At its April 23, 2024, meeting, the Airport Advisory Board reviewed and recommended approval of this grant.
FISCAL IMPACT:
FDOT Grant: $675,000 341-050-743-542-69-65010
Airport Match: $168,750 451-027-743-542-69-65010
Total: $843,750
Project totals:
FDOT Grant: $2,675,000
Airport Match: $668,750
Total: $3,343,750
PROCUREMENT REVIEW:
NA
LEGAL REVIEW:
NA
ALTERNATIVE:
• Approve with amendments
• Deny
• Table
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BUDGET RESOLUTION 2024-134
A RESOLUTION AMENDING THE FISCAL YEAR 2023-24 BUDGET TO appropriate $675,000 in supplemental grant funding from the Florida Department of Transportation (FDOT) and transfer $168,750 from the Airport reserve for contingencies account, for design and construction of the north T-hangar access road in the amount of $843,750
WHEREAS, on May 7, 2024, the City Council adopted resolution 2014-xx authorizing entering into Supplemental Public Transportation Grant Agreement (SPTGA) #449858-1-94-01 with the Florida Department of Transportation (FDOT) for design and construction of the north T-hangar access road; and
WHEREAS, FDOT is providing a grant in the amount of $675,000; and
WHEREAS, funding is available in the Airport Fund to provide the required match of $168,750.
NOW THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF OCALA, FLORIDA, duly assembled in regular session, that the Fiscal Year 2023-24 budget be amended as outlined below to appropriate funding as follows:
SOURCE:
341-334-000-000-09-33412 FDOT Airport Grants $675,000
451-099-999-542-81-99800 Airport Reserve for Contingencies ($168,750)
USE:
341-050-743-542-69-65010 Construction in Progress $675,000
451-027-743-542-69-65010 Construction in Progress $168,750
This resolution adopted this ______ day of ______________________, 2024.
ATTEST: CITY OF OCALA
By: By:
Angel B. Jacobs Barry Mansfield
City Clerk President, Ocala City Council
Approved as to form and legality:
By: _________________________________
William E. Sexton
City Attorney
Reviewed for accounting accuracy & completeness:
By: _________________________________
Peter A. Lee
City Manager