Submitted By: Matthew Grow
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Presentation By: Matthew Grow
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Department: Aviation
STAFF RECOMMENDATION (Motion Ready):
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Adopt Resolution 2024-24 approving an amendment to the Public Transportation Grant Agreement with the Florida Department of Transportation for design and construction of the north T-hangar access road in the amount of $675,000
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OCALA'S RELEVANT STRATEGIC GOALS:
Economic Hub, Fiscally Sustainable
PROOF OF PUBLICATION:
NA
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BACKGROUND:
The Ocala International Airport's existing T-hangar campus is at capacity and unable to accommodate the 40+ people on its hangar wait list. The Airport proposes to extend a road from near the intersection of SW 67th Avenue 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 its T-hangar campus. The Airport Advisory Board supports this project.
FISCAL IMPACT:
This amendment provides supplemental funding as follows:
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
An accompanying budget resolution is provided on this agenda.
PROCUREMENT REVIEW:
This Agreement will be reviewed and approved for compliance with the City's procurement policies.
LEGAL REVIEW:
This Agreement has been reviewed and approved for form and ...
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