Title
Matters relative to finalization of t-hangar engineering contract
Body
SUMMARY: The City Manager has discussed the final accounting of engineering fees with Chuck Burges of ECE and City staff has met with TDOT Aeronautics and also discussed the final accounting. TDOT has agreed to pay for a portion of the engineering over run at a 90/10 grant. The portion that TDOT will not pay is $92,957.43. Mr. Chuck Burgess with ECE has agreed to discount this by $25,000 which reduces the non-match amount to $67,957.43.
BUDGET ACCOUNT: 110-52500-930-001
Recommended Action
NECESSARY COUNCIL ACTION: Approve the attached task order contingent on TDOT's approval and approve the attached discounted non-match amount of $67,957.43 payment to ECE.