TO: Mayor and Members of City Council
THRU: Kelly Olivera, Assistant City Manager
Jeffrey Yates, Assistant City Manager
FROM: Deontae K. Watson, MBA, A.A.E., Interim Airport Director
Kimberly Leonard, CLGFO, CLGBO, CPA, MPA, Budget and Evaluation Director
DATE: February 26, 2024
RE:
Title
Adoption of Capital Project Ordinance Amendment (CPOA) 2024-12 to appropriate the 10% match for Terminal Renovations Phase III.
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:
Council is asked to adopt Capital Project Ordinance Amendment (CPOA) 2024-12 to appropriate the required local match of $187,045 to the Terminal Renovations Phase III project. The local match will be provided by a transfer from the Airport Operating Fund.
Background:
Council accepted The Federal Aviation Administration (FAA) Airport Improvement Plan Grant No. 3-37-0021-054-2022 for the Fayetteville Regional Airport, and adopted Capital Project Ordinance (CPO) 2023-8 on August 8, 2022, appropriating $1,870,450 of federal funds. Additional funding of $1,858,191, provided by the North Carolina Department of Transportation, were appropriated by Council on November 27, 2023. The FAA requires a 10% local match to their portion of funding for this project, which equates to $187,045. The local match is provided by a transfer from the Airport Operating Fund.
Issues/Analysis:
None
Budget Impact:
There is no impact to the General Fund.
Options:
1. Adopt CPOA 2024-12 to appropriate the federally required 10% local match.
2. Do not adopt CPOA 2024-12 to appropriate the federally required 10% local match and provide further direction to staff.
Recommended Action:
Staff recommends that Council move to adopt CPOA 2024-12 to appropriate the federally required 10% local match.
Attachments:
• CPOA 2024-12