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HomeMy WebLinkAboutIDOT FY17 Air Service Development Prgm-10/24/2016IOWA DEPARTMENT OF TRANSPORTATION AGREEMENT FOR THE FISCAL YEAR 2017 AIR SERVICE DEVELOPMENT PROGRAM PROJECT NUMBER: 9I170AL0135 CONTRACT NUMBER: 18667 This is an agreement between the Waterloo Regional Airport (hereinafter referred to as SPONSOR) and the Iowa Department of Transportation (hereinafter referred to as the Iowa DOT) for Air Service Sustainment funding through the Iowa Air Service Development Program, under Iowa Code Section 328.12. Pursuant to the terms of this agreement, and applicable statutes and administrative rules, the Iowa DOT agrees to provide authorized funding to the SPONSOR to help in air service development activities to include: Promotion to sustain and increase capture rates of existing Waterloo area demand for passenger air service using television, print, radio, and digital advertising. In consideration of the foregoing and the mutual promises contained in this agreement, the parties agree to: 1. The SPONSOR shall be the lead agency for carrying out the provisions of this agreement and shall be responsible for the development and completion of air service development initiatives (hereinafter referred to as the PROJECT) in accordance with the FY 2017 Air Service Development Program Description and this agreement. 2. The Iowa DOT shall reimburse the SPONSOR for 80% of eligible PROJECT costs not to exceed $28,000. 3. Funds must be obligated within six months of execution of the grant agreement. Claims for reimbursement with proof of expenditures must be submitted within one year of the date of the obligation of funds. 4. All notices required under this agreement shall be made in writing to the Iowa DOT Office of Aviation and the SPONSOR's contact person. The Office of Aviation's contact shall be Tim McClung (515/239- 1689). The SPONSOR's contact person shall be Keith Kaspari. 5. A report must be filed by the sponsor at the completion of the project providing a summary of how the funds were used and describing the successes and failures of the program. 6. The SPONSOR shall solicit, or have solicited bids, for any work on this project in compliance with all applicable laws, ordinances and administrative rules. Page 1 of 3 FY 2017 Air Service Development Contract Number: 18667 Project Number: 9I170ALO135 EXECUTION OF THE AGREEMENT: In witness whereof, each of the authorized parties hereto has executed this Agreement as of the date shown with its signature below. This Agreement must be executed by the SPONSOR within 60 days of the date the agreement was signed by the Iowa DOT. SPONSOR: Signed this a By: day of (0d -oma✓ , 2016 Authorized Sponsor Representative IOWA DEPARTMENT OF TRANSPORTATION: Signed this 12th day of October, 2016 By zG�L Stuart Anderson, P.E., Director Planning, Programming, and Modal Division By: Page 3 of 3