TO: Mayor and Members of City Council
THRU: Jay Toland, Assistant City Manager
Telly C. Whitfield, PhD., Assistant City Manager
FROM: Alvester T. (Toney) Coleman, PhD, A.A.E., Airport Director
DATE: March 28, 2022
RE:
Title
Acceptance of Concessions Rent Relief Airport Rescue Grant Offer
end
COUNCIL DISTRICT(S):
Council District(s)
All
b
Relationship To Strategic Plan:
Goal IV - Desirable Place to Live, Work and Recreate
4.1 - To maintain public transportation investments with high quality transit and airport services.
Executive Summary:
City Council is asked to accept the Concessions Rent Relief Airport Rescue Grant Offer 3-37-0021-051-2022 for the Fayetteville Regional Airport, and to authorize the City Manager to execute the Agreement.
Background:
• On August 9, 2021, City Council approved American Rescue Plan Act (ARPA) Airport Grant Offer 3-37-0021-051-021 that provided funds to FAY to help prevent, prepare for, and respond to coronavirus. The $2,976,320 ARPA Grant allowed funds to be used for FAY’s operational and maintenance expenses or debt service payments.
• The Concessions Rent Relief Airport Rescue Grant Addendum was not ready for award at that time, but is now available from the FAA to provide relief to Airport Concessions on a prorated basis as determined by Airport Management and in accordance with the “Conditions” for airport concession relief as identified in the attached Concessions Rent Relief Airport Rescue Grant Agreement Transmittal Letter dated March 9, 2022.
• No direct payments shall be made to Concessionaires, but Fayetteville Regional Airport may use concession rent relief funds to provide relief from rent and minimum annual guarantees to on-airport rental car tenants, on-airport parking concessions, and in-terminal concessions. Fayetteville Regional Airport’s allocation is $185,768.
Issues/Analysis:
None
Budget Impact:
There is no impact to the General Fund.
Options:
1. Accept Concessions Rent Relief Airport Rescue Grant Offer No. 3-37-0021-051-2022 for the Fayetteville Regional Airport and authorize the City Manager to execute the Agreement.
2. Do not accept Concessions Rent Relief Airport Rescue Grant Offer No. 3-37-0021-051-2022 for the Fayetteville Regional Airport nor authorize the City Manager to execute the Agreement.
Recommended Action:
3. Staff recommends that Council move to accept Concessions Rent Relief Airport Rescue Grant Offer No. 3-37-0021-051-2022 for the Fayetteville Regional Airport and authorize the City Manager to execute the Agreement.
Attachments:
ARPA Grant offer No. 3-37-0021-051-2022