CITY OF MERCED - File #: 20-288

• File #: 20-288
• Version: 1
• Type: Consent Item
• Status: Passed
• File created: 6/5/2020
• In control: City Council/Public Finance and Economic Development Authority/Parking Authority/Successor Agency to the Redevelopment Agency
• On agenda: 6/15/2020
• Final action: 6/15/2020
• Title: SUBJECT: Acceptance of the CARES Act Grant Offer, Grant Number 3-06-0152-026-2020, Issued by the Federal Aviation Administration for the Merced Regional Airport, in the Amount of $3,364,156 REPORT IN BRIEF Considers accepting a $3,364,156 CARES Act Grant awarded by the Federal Aviation Administration for use at the Merced Regional Airport. RECOMMENDATION City Council - Adopt a motion: A. Approving a grant agreement between Federal Aviation Administration (FAA) and the City of Merced; and, B. Approving acceptance of grant funds and increasing Airport Fund revenue account 561-1303-321.37-00 in the amount of $3,364,156; and, C. Authorizing the use of pooled cash for expenditures until City receives reimbursement funds; and, D. Authorizing the Finance Officer to make the necessary budget adjustments; and, E. Authorizing the City Manager or the Assistant City Manager to execute all necessary grant documents.

Date	Ver.	Action By	Action	Result
6/15/2020	1	City Council/Public Finance and Economic Development Authority/Parking Authority/Successor Agency to the Redevelopment Agency	approved	Pass

Report Prepared by: Martin Pehl, Airport Manager, Merced Regional Airport

Title
SUBJECT: Acceptance of the CARES Act Grant Offer, Grant Number 3-06-0152-026-2020, Issued by the Federal Aviation Administration for the Merced Regional Airport, in the Amount of $3,364,156

REPORT IN BRIEF
Considers accepting a $3,364,156 CARES Act Grant awarded by the Federal Aviation Administration for use at the Merced Regional Airport.

RECOMMENDATION
City Council - Adopt a motion:

A. Approving a grant agreement between Federal Aviation Administration (FAA) and the City of Merced; and,

B. Approving acceptance of grant funds and increasing Airport Fund revenue account 561-1303-321.37-00 in the amount of $3,364,156; and,

C. Authorizing the use of pooled cash for expenditures until City receives reimbursement funds; and,

D. Authorizing the Finance Officer to make the necessary budget adjustments; and,

E. Authorizing the City Manager or the Assistant City Manager to execute all necessary grant documents.

Body
ALTERNATIVES
1. Approve as recommended by staff; or,
2. Approve, subject to modifications as conditioned by Council; or,
3. Deny the request completely; or
4. Refer back to staff for reconsideration of specific items as requested by Council; or,
5. Continue item to a future Council meeting (date to be specified in City Council motion).

AUTHORITY
Charter of the City of Merced, Section 200.

CITY COUNCIL PRIORITIES
City of Merced adopted Budget Fiscal Year 2019-20.

DISCUSSION
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Public Law 116-136, in part, includes grant funding for public use airports in order to offset decline in airport revenues as a result of the COVID-19 public health emergency. The FAA has determined that the Merced Regional Airport is eligible for a grant offer not to exceed $3,364,156. The funding must be used for airport related operations and maintenance expenses occurring after January 20, 2020 and ending four ye...