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<br />e <br /> <br />e <br /> <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Requested By: <br /> <br />Steve <br /> <br /> <br />Public Works <br /> <br />Agenda Date Requested: <br /> <br />April <br /> <br />1988 <br /> <br />xx <br /> <br />Report <br /> <br />Resolution <br /> <br />Ordinance <br /> <br />Exhibits: Amendment NO.1 t AlP Project NO. 3-48-0127-04 <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The Federal Aviation Administration has offered to amend the above <br />referenced grant agreement, accepted by the City of La Porte on <br />May 12, 1986, to increase Federal participation in this project <br />from ($400,000) four hundred thousand dollars to ($440,000) four <br />hundred forty thousand dollars to provide for allowable construction <br />cost overrun. This overrun was recognized at the time of the <br />original grant offer, but Federal funds were not available at that <br />time. <br /> <br />The project has been completed, and the additional <br />thousand dollars will reimburse funds already paid <br />The City's matching share will be ($5,186.85) five <br />hundred eighty six dollars and eighty five cents. <br />funds are necessary. <br /> <br />($40,000) forty <br />by the City. <br />thousand one <br />No additional <br /> <br />Action Required by Council: <br /> <br />Authorize Mayor to execute Amendment NO.1 to Grant Agreement for <br />Project NO. 3-48-0127-04. <br /> <br />Availability of Funds: <br /> <br />General Fund <br />Capital Improvement <br />Other <br /> <br />Water/Wastewater <br />General Revenue Sharing <br /> <br />Account Number: <br /> <br />N/A <br /> <br />Funds Available: <br /> <br />YES <br /> <br />NO <br /> <br />A <br /> <br /> <br />Council A enda <br /> <br />DATE <br />