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HomeMy WebLinkAboutCOUNCIL COMMUNICATION 4/12/2010 t CITY OF WATERLOO WAT E R L O O CRUSE A NEW ALTITUDE Council Communication City Council Meeting: April 12, 2010 Prepared: April 6, 2010 1 Dept. Head Signature: Bradley Hagen pf # of Attachments: 1 SUBJECT: Approval of recommendation of contract award for T-hangar door replacement project to Prairie Construction of Waterloo, Iowa in the amount of $146,850. Submitted by: Bradley Hagen,Airport Director Recommended City Council Action: Summary Statement Expenditure Required: $146,850 Source of Funds: 100% grant— IDOT Vertical Infrastructure Grant (I-Jobs). Policy Issue Alternative Background Information: The Airport receives approximately $110,00o each year from a Vertical Infrastructure fund through IDOT for facility improvements. These funds are through an aviation trust fund supported by aviation user fees. We are using funds through two grants (multi-year) to fund this improvement. The hangar doors are approximately 35 years old and in need of replacement. This is the only grant funding available to improve hangars. 2790 Livingston Ln • Waterloo IA 50703 • P: 3"19-291-4483 • F. 319-291-4250 • www.FIvALO.com