CITY OF MONTICELLO, IOWA
RESOLUTION #2025-104
Accepting FAA Grant Agreements, project No. 3-19-0061-014-2025,
Monticello Regional Airport for the Airport Runway Maintenance Project
and directing the City’s Designated Official to execute said grant agreements
WHEREAS, The City Council previously authorized the expenditure of Infrastructure Investment and Jobs Act (IIJA) and Airport Improvement Program (AIP) funds for the Airport Runway Maintenance Project, and
WHEREAS, the FAA has approved of the City’s use of Infrastructure Investment and Jobs Act (IIJA) and Airport Improvement Program (AIP) funds for purposes of the Airport Runway Maintenance Project, and has forwarded grant agreements setting out the rights and responsibilities of the parties, and
WHEREAS, the approved IIJA Grant totals a maximum amount of $386,683.00, or 95% of the total project costs. The project is planned to be funded in this Fiscal Year, and
WHEREAS, the approved AIP Grant totals a maximum amount of $315,000.00, or 95% of the total project costs. The project is planned to be funded in this Fiscal Year, and
WHEREAS, the Council finds that the acceptance of this grant is a pre-requisite to moving forward with the previously approved Airport Runway Maintenance Project and should therefore be approved.
NOW THEREFORE BE IT RESOLVED by the City of Monticello, through its’ City Council, in session this 21st day of July, 2025, that the FAA Grant Agreements related to Project 3-19-0061-014-2025 are hereby approved in their entirety and the City’s Designated Official is directed to execute said grant agreements on behalf of the City Council.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal for the City of Monticello, Iowa to be affixed. Done this 21st day of July, 2025.
Wayne Peach, Mayor
Attest:
Sally Hinrichsen, City Clerk/Treasurer