1997-11-24 Regular Meeting of City Council

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*- e {'> ~ N 0)j\(7 ~-~ "I) I '-'~ . L Texas Department of Transportation AVIATION DIVISION ' 125 E. 11TH STREET · AUSTIN, TEXAS 78701.2483 · 512/416-4500 · FAX 512/416-4510 October 27, 1997 i~~~,:;:{K(Jf;\\\\ \;'" '- . -, \ '\ ;', .\\~ __ ,_~' .)-; \'\. \ - - - .- ',,;' . ,J ~.\I.. 1~~~1!::;}!j~- . / 0 ::. ~,_...~.,________ ~ .._t.........- The Honorable Norman' Malone Mayor, City of La Porte P. O. Box 1115 La Porte, TX 77572-1115 Dear Mayor Malone: Enclosed are several documents that must be completed by you in order to accept the federal grant for your aixport development project for the LaPorte Municipal Airport. Please review the instructions in this transmittal letter for completing the documents. We are most pleased to provide any assistance, possible to help complete this grant in a timely manner. Enclosed are two copies of the Airport Project Participation Agreement (APP A) between the City of La Porte, as airp<?rt sponsor, and the Texas Department of Transportation, as your. agent for this project. The Agreement includes several parts. Part I describes the participants and the project. Part II includes the state's offer of financial assistance for the project. Part JII identifies the obligations of the sponsor in' accepting the state's financial assistance. In Part IV of the Agreem<<::nt, the Texas Depa~ent of Transportation is named as your agent in implementing this project. Part IV also describes what the Department's responsibilities are as your agent. Attachment A, Airport Assura~~es describ~s the federal assurances required for receipt qf federal funding, T~e r~maining pans of the ~greement are for signatures e.,,<ecutmg the Agreement. Four additional documents are contained in this packet: 1) Certification of Project Funds. This indicates that you have sufficient funding for your share of the project costs and indicates when your share Qf the costs will be available to meet project obligations. Complete and return with the signed Agreement. 2) Certification of ~ort Fund. This indicates that you have a separ~te fund in which airport revenues are deposited. Such fund may be an account as part of another fund, but must be accounted for in such a manner that all revenues, e."q>enses; retaine_d earnings, and }:>alances in the - account are discemable from other types of monies identified in the fund as a whole. If you do not have the statutorily required Airport Fund ?r-account, such a fund must be created within 60 days. Complete and return with the signed J\greement 'or upon creation of the fund within 60 c:lays. An_Equal ~pportunity Employer