MANAGER'S REPORT:
This ordinance would appropriate $1,018,328.97 for the Runway Rehabilitation capital project (CIP A50-079). Funding is provided as follows:
Federal Aviation Administration grant: $ 985,479.65
Alaska Department of Transportation match: $ 32,849.32
This airport capital project will resurface the runway, and install new drainage.
The FAA funds 93.75% of the project with the remainder being split between Alaska DOT and Juneau International Airport. Airport matching funds will be transferred separately, the subject of Transfer Request T-969 before the Assembly.
The Airport Board approved this action at their March 11, 2015 meeting. |