Title
Approval of TDOT Contract-Airport Maintenance Hangar Improvements
Body
SUMMARY: The bids for the improvements came in well over the Architects’ estimate and the originally requested construction grant amount. The attached TDOT contract/grant amendment details the total amount of the construction phase at $215,910 with the City’s portion being 11 % at $23,750 and State and Federal funds being a combined 89% at $192,160. City staff recommends the approval of the amendment and retroactive approval of a secondary funding request letter that had to be submitted without approval due to TDOT deadlines. A budget amendment was already in process and was amended to reflect these changes upon 3rd reading.
BUDGET ACCOUNT: 110-52500-920-001
Recommended Action
NECESSARY COUNCIL ACTION: Approve contract, retroactive approval of secondary funding request letter