MANAGER'S REPORT:
This transfer of $108,000 from the Terminal Construction CIP consists of Airport fund balance from the Revolving CIP Fund which will be transferred to the Float Pond Improvements CIP to supplement the available $34,000 for design of Phase 2 construction.
The proposed design contract consists of survey and design work for the float pond road and shore protection, as well as additive alternates for design engineering to pave the access road and west finger road, for a total design services cost of $142,000.
Funds were previously transferred from the Revolving CIP Fund to the Airport Terminal Reconstruction project, but are no longer needed for that project. These funds are available for use until anticipated federal grants are awarded.
The Airport Board approved this request at its May 13, 2021 meeting. |