SUBJECT
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A Resolution of the City Council of the City of Laredo, Texas, ratifying the acceptance of a grant by the City Manager in the amount of $111,111.11 from the Texas Department of Transportation’s Routine Airport Maintenance Program. Funds will be used for airport maintenance at the Laredo International Airport. Local match of $11,111.11 is available in the Airport Construction Fund.
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PREVIOUS COUNCIL ACTION
N/A
BACKGROUND
Through the Routine Airport Maintenance Program, the Texas Department of Transportation provides airport grant monies for routine maintenance on airport improvements. The intention of this grant is to reduce the cost of maintaining airport improvements.
TxDOT Project ID: M2522LRED
FY:2025
Approved Amount: $111,111.11
State Share: $100,000.00
Local Match: $11,111.11
The Laredo International Airport will use this grant for general maintenance with airside improvements taking priority, as required by TxDOT.
COMMITTEE RECOMMENDATION
N/A
STAFF RECOMMENDATION
recommendation
Staff recommends the approval of this resolution
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Fiscal Impact
Fiscal Year: 2025
Budgeted Y/N?: Y
Source of Funds: Airport Construction Fund
Account #: 433-3658
Change Order: Exceeds 25% Y/N: N/A
FINANCIAL IMPACT:
Funding is available in the Airport Construction Fund
Revenue account : 433-0000-323-2041
Expense account: 433-3658-582-3010
Grant Amount:$111,111.11
State Share: $100,000.00
Local Match: $11,111.11