To: Board of County Commissioners
Through: Ron Carl, County Attorney
Prepared By:
prepared
Ron Carl, County Attorney
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Subject:
title
Resolution authorizing signing of an FAA grant agreement and an intergovernmental agreement with the Arapahoe County Public Airport Authority
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Purpose and Request:
recommended action
To obtain approval of a resolution authorizing the signing of a grant agreement for purposes of obtaining an FAA grant for Centennial Airport, and authorizing the signing of an IGA regarding the potential return or repayment of the grant.
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Alignment with Strategic Plan: Good Governance - Plan for future service, infrastructure, and fiscal needs.
Background and Discussion: The Arapahoe County Public Airport Authority intends to seek a grant of funds (Airport Infrastructure Grant (AIG) Project No. 3-08-0029-064-2025) to cover work that has been completed for repaving and striping of the main parking lot and Interport Boulevard at the Centennial Airport (the “Grant”). Under FAA regulations the County is a co-sponsor of the airport and its signature on the grant agreement is necessary to receive the Grant. The purpose of the intergovernmental agreement is to memorialize that the Authority will be responsible for return or repayment of the Grant in the unlikely event of a default on certain grant conditions.
Alternatives: The Board could choose not to approve the signing of the grant agreement, in which case the Authority would not receive funds for the repaving and striping.
Fiscal Impact: No impact to the County.
Alignment with Strategic Implementation Strategies: N/A
Concurrence: N/A