Loading...
Ord 54-2020 Federal Aviation Admin. Entitlement Grant for Regional Airport 9/15/2020Ordinance No. 54-2020 Ordinance authorizing the City Manager to execute all documents necessary to apply for and accept $1 million in Federal Aviation Administration Entitlement grants for debt service at Wichita Falls Regional Airport and appropriating said funds to the FAA Airport Improvement Grant 2020 Fund WHEREAS, the City of Wichita Falls has assumed responsibility from Sheppard Air Force Base in its lease agreement for the repair and maintenance of leased property at Wichita Falls Regional Airport; and, WHEREAS, the City has identified the need for using Federal Aviation Administration Entitlement funds for debt service requirements on the Terminal Area Project; and, WHEREAS, the City desires to apply for $1 million of Federal Aviation Administration Entitlement funds; and, WHEREAS, the City anticipates using FAA Entitlement funds for debt service. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The City Manager is hereby authorized to execute all documents necessary to pursue, apply for, and accept the aforementioned Federal Aviation Administration grant for the use of Entitlement funds for debt service related to the Terminal Area Project at Wichita Falls Regional Airport, and said funds are hereby appropriated to the FAA Airport Improvement Project Grant 2020 Fund. PASSED AND APPROVED this the 15t" day of September, 2020. N F - Z: g�,, M-1 N'� ATTEST: ate, Bc ity Clerk