CITY of ALBUQUERQUE
TWENTY FIFTH COUNCIL
COUNCIL BILL NO.
R-23-150 ENACTMENT NO. ________________________
SPONSORED BY: Brook Bassan, by request
RESOLUTION
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Amending The Adopted Capital Improvement Program For The City Of Albuquerque - Aviation Department By Transferring Funds To Existing Projects, Approving New Projects, Closing Projects, And Accepting Federal And State Grant Funding (Bassan, by request)
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AMENDING THE ADOPTED CAPITAL IMPROVEMENT PROGRAM FOR THE CITY OF ALBUQUERQUE - AVIATION DEPARTMENT BY TRANSFERRING FUNDS TO EXISTING PROJECTS, APPROVING NEW PROJECTS, CLOSING PROJECTS, AND ACCEPTING FEDERAL AND STATE 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 Airline Coverage and Alb. Improvement accounts; and
WHEREAS, appropriations are needed to allocate miscellaneous revenue to the Advanced Engineering Project; and
WHEREAS, appropriations are needed for the acceptance of Federal FAA grant funding under the Airport Improvement Program (AIP); and
WHEREAS, appropriations are needed for the acceptance of NM State Department of Transportation grants; and
WHEREAS, in the event these grants and/or contributions are received, upon execution of an agreement between the parties, the amounts indicated below will be appropriated in their respective fund, with the provision that the amounts will be adjusted to reflect actual Federal, State and/or private contribution participation; and
WHEREAS, the appropriations of these funds for these projects are timely and necessary for the City to serve its citizens.
BE IT RESOLVED BY ...
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