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HomeMy WebLinkAboutPA_-_Airport_(Leakage_Study) Docusign Envelope ID:9042B526-99EC-41AO-B6F5-043423AOD889 City Clerk Use Only Finance Committee Approval Date 4/21/2025 City of Waterloo Expenditure Pre-Authorization Request Form The Finance Committee of the City Council is hereby requested to authorize the following purchase or expenditure submitted by the Airport Department to expend $ 10,000.00 plus est. shipping costs of $ to pay for or purchase updated leakage study for Waterloo Regional Airport. This purchase or expenditure is being made because: airlines use leakage studies to determine passenger volume and market viability. The most recent study for ALO was completed two years ago. Vendor selected for this purchase: Volaire Aviation Bids or written quotes were taken on this purchase, as follows: F■ Bids or quotes were not taken on this purchase because: The Airport Board and the Air Service Working Group have been working with Volaire Aviation for several years to maintain, and continue to grow, air service @ ALO. Airlines will require an updated leakage study to start/continue discussions on expanded air service. Prior Committee Actions (Dates): Please check the following box(es)as appropriate to describe the funding for this expense: F■ General Fund ❑ Road Use Tax ❑ Sewer F—] Sanitation EIBonds ❑ Federal/other grants ❑ Other(specify) This expenditure is to be coded to the following budget line-item: 010-29-7700-1319 (Fund - Department-Activity-Account Number) (Project Code) in which the budgeted amount is $ 55,000.00 and the current available balance is $ 24,822.27 Respectfully submitted, Signed by: Steven Kjergaard 4/4/2025 B',�a4�P.�X Zdood 4/21/2025 (Signature Dept. Head or Designee) Date (Signature Finance Dept. Review) Date K:\shared goodies\forms\Expenditure Pre-Authorization.xls(Mar 2010)