STRATEGIC PRIORITY: Mobility Solutions, Infrastructure, and Sustainability
AGENDA DATE: February 24, 2021
COUNCIL DISTRICT(S):|910|DEPARTMENT: Department of Aviation
EXECUTIVE: Majed Al-Ghafry
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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) for the federal share of the eligible airport programs and projects within the Dallas Airport System (Grant No. TBD, CFDA No. 20.106) in a total amount of $75,000,000.00, of which $30,000,000 is Coronavirus Aid Relief and Economic Security (CARES) Act funding; (2) establishment of appropriations in the amount of $75,000,000.00 in the FAA Airport Improvement Program (AIP) Grant - FY 21 Love Field Entitlement and Discretionary Grant Fund and CARES Act Fund; (3) receipt and deposit of grant funds in the amount of $75,000,000.00 in the FAA AIP Grant - FY 21 Love Field Entitlement and Discretionary Grant Fund and CARES Act Fund; and (4) execution of the grant agreement and all terms, conditions, and documents required by the grant agreement - Total amount $75,000,000.00 - Financing: Federal Aviation Administration Grant Funds
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BACKGROUND
As part of the FAA AIP, all large and medium hub airports (Dallas Love Field is considered a medium hub) 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.
Approval of this action to accept the AIP and Coronavirus Aid Relief and Economic Security grants, enables the Department of Aviation to react quickly and make program and project recovery decisions.
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