CITY of ALBUQUERQUE
TWENTY FIFTH COUNCIL
COUNCIL BILL NO. R-22-39 ENACTMENT NO. ________________________
SPONSORED BY: Pat Davis, by request
RESOLUTION
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Amending The Adopted Capital Improvement Program For The City Of Albuquerque - Aviation Department By Appropriating Funds For Investment Income And Passenger Facility Charge Revenues, And Transferring Funds Between Existing Projects, Closing Projects, Approving New Projects, And Accepting Grant Funding (Davis, by request)
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AMENDING THE ADOPTED CAPITAL IMPROVEMENT PROGRAM FOR THE CITY OF ALBUQUERQUE - AVIATION DEPARTMENT BY APPROPRIATING FUNDS FOR INVESTMENT INCOME AND PASSENGER FACILITY CHARGE REVENUES, AND TRANSFERRING FUNDS BETWEEN EXISTING PROJECTS, CLOSING PROJECTS, APPROVING NEW PROJECTS, AND ACCEPTING GRANT FUNDING.
WHEREAS, the Capital Improvement Program of the City of Albuquerque is governed by the requirements established under ROA 1994 ? 2-12-1 et seq., which provides for amendments to the approved program; and
WHEREAS, appropriations are needed for continued improvements at the Albuquerque International Sunport and Double Eagle II Airport; and
WHEREAS, appropriations are needed to allocate investment income to the Post Security Improvements Project; and
WHEREAS, appropriations are needed to allocate approved Passenger Facility Charge (PFC) revenue to existing projects approved in the FAA PFC Application number seven; and
WHEREAS, appropriations are needed to allocate Passenger Facility Charge revenue to the existing Post Security Improvements project; and
WHEREAS, appropriations are needed for the acceptance of additional Federal FAA grant funds under the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA), which is administered for airports by the FAA-created Airport Coronavirus Response Grant Program (ACRGP), and the Airfield Hotspot Construction for Taxiway G1 & C Fillet Reduction Grant, and for the acceptance of Fed...
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