STRATEGIC PRIORITY: Mobility Solutions, Infrastructure, and Sustainability
AGENDA DATE: May 27, 2020
COUNCIL DISTRICT(S):|910|DEPARTMENT: Department of Aviation
EXECUTIVE: Kimberly Bizor Tolbert
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SUBJECT
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Authorize the (1) application for and acceptance of a series of grants from the U.S. Department of Transportation, Federal Aviation Administration (FAA) (Grant No. TBD, CFDA No. 20.106) in the amount of $109,800,000.00 and the Texas Department of Transportation - Aviation Division in the amount of $200,000.00 in a total amount of $110,000,000.00 for the federal share of the eligible airport programs and projects for the Coronavirus Aid Relief and Economic Security (CARES) Act within the Dallas Airport System; (2) establishment of appropriations in an amount not to exceed $110,000,000.00 in the FAA CARES Act grant fund; (3) receipt and deposit of CARES Act grant funds in an amount not to exceed $110,000,000.00 in the FAA CARES Act Grant Fund; and (4) execution of the CARES Act grant agreement and all terms, conditions, and documents required by the CARES Act - Total amount of $110,000,000.00 - Financing: Federal Aviation Administration Grant Funds ($109,800,000.00) and TxDOT Aviation Grant Funds ($200,000.00)
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BACKGROUND
As part of the FAA CARES Act, all large and medium hub airports (Dallas Love Field is considered a medium hub) and general aviation facilities (Dallas Executive Airport and the Vertiport at the Dallas Convention Center are considered general aviation facilities) are apportioned grant monies based on a variety of formulas including but not limited passenger enplanements, National Plan of Integrated Airport System categories, airport revenues and the Airport Improvement Plan.
The FAA anticipates additional discretionary/recovery grant funds to likely be made available later this year. These additional grant funds may become available through the Fall of 2021.
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