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HomeMy WebLinkAboutGrant Amendment No 3 to FAA No. 3-19-0094-0046-2020 - 11.20.23D571YPMNW8E5 (UEI No) Waterloo Regional Airport (Airport/Planning Area) U.S. Department Airports Division of Transportation Central Region Federal Aviation Iowa, Kansas, Missouri, Nebraska Administration AMENDMENT NO. 3 TO GRANT AGREEMENT AIP GRANT NO. 3-19-0094-046-2020 WHEREAS, the Federal Aviation Administration (hereinafter referred to as the "FAA") has determined it to be in the interest of the United States that the Grant Agreement between the FAA, acting for and on behalf of the United States, and the City of Waterloo, Iowa (hereinafter referred to as the "Sponsor"), accepted by said Sponsor on September 17, 2020 be amended in conformance with the Sponsor's letter dated July 5, 2023 and as hereinafter provided. NOW THEREFORE, WITNESSETH: That in consideration of the benefits to accrue to the parties hereto, the FAA on behalf of the United States, on the one part, and the Sponsor, on the other part, do hereby mutually agree that the said Grant Agreement be and hereby is amended as follows: THE FEDERAL AVIATION ADMINISTRATION, FOR AND ON BEHALF OF THE UNITED STATES, HEREBY OFFERS AND AGREES to pay 100 percent of the allowable costs, up to the Maximum Obligation amount listed in Condition No. 1, incurred accomplishing the Project as the United States share of the Project. The Maximum Obligation has been revised by the following amendments: Amendment No. 1, signed May 18, 2021 • Amendment No. 2, signed May 24, 2022 For increases above the current Maximum Obligation amount, as revised by the applicable multi -year amendments, the Federal Share shall not exceed 90 percent of the additional allowable costs. The combined participation Federal Share rate for this project is therefore 99.69 percent. This amendment commits the FAA, acting for and on behalf of the United States of America, to increase the maximum obligation of the United States by $142,921 (from $5,019,214 to $5,162,135) to cover the Federal share of the total actual eligible and allowable project costs. All other terms and conditions of the Grant Agreement remain in full force and effect. 1 D571YPMNW8E5 (UE! No) Waterloo Regional Airport (Airport/Planning Area) IN WITNESS WHEREOF, the parties hereto have caused this amendment to said Grant Agreement to be duly executed as of November 7, 2023 UNITED STATES OF AMERICA FEDERAL AVIATION ADMINISTRATION (Signature) Jim A. Johnson (Typed Name) Director, Central Region Airports Division Qtte/2El/Z l (a i, (Title of FAA Official) CITY OF WATERLOO, IOWA (Name of Sponsor) sicNED (Signature of Sponsor's Designated Official Representative) Quentin Hart (Typed Name of Sponsor's Designated Official Representative) Mayor (Typed Title of Sponsor's Designated Official Representative) (Date) 2 D571YPMNW8E5 (uEI No) Waterloo Regional Airport (Airport/Planning Area) CERTIFICATE OF SPONSOR'S ATTORNEY , acting as Attorney for the Sponsor do hereby certify: That I have examined the foregoing Amendment to the Grant Agreement and the proceedings taken by said Sponsor relating thereto, and find that the execution thereof by said Sponsor has been duly authorized and is in all respects due and proper and in accordance with the laws of the State of Iowa and further that, in my opinion, said Amendment to the Grant Agreement constitutes a legal and binding obligation of the Sponsor in accordance with the terms thereof. Dated 11/20/202 3 By; -Pe+ersew SWNED (Signature of Sponsor's Attorney)