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HomeMy WebLinkAboutR-2015-004 Airport Lane - 21st Avenue Extension; SIED Funding ApplicationRESOLUTION NO. R-2015-004 A RESOLUTION authorizing the City manager to prepare and submit application for SIED funding for project to construct Airport Lane — 21st Avenue Extension. WHEREAS, the City Council has previously submitted applications for funding of qualifying projects through the Supporting Investments in Economic Development ("SIED") program, which funds are administered through Yakima County in conjunction with the Yakima County Development Association; and WHEREAS, the City of Yakima desires to submit an application for available funding from the SIED program to construct and improve an extension of Airport Lane and 21st Avenue to open additional Yakima Air Terminal property for construction of additional hangars and related improvements, and has included funds in the 2015 Budget available for use on this project; and WHEREAS, the City of Yakima finds and determines that such project will promote economic development within the community, promote economic growth and use of the airport, and will provide employment opportunities; and WHEREAS, in order to expedite preparation and submission of an appropriate application for SIED funding, the City Council finds and determines that it is necessary and appropriate to allow the City Manager to prepare and submit, on behalf of the City of Yakima, an application for appropriate funding through the SIED Board for such project, together with necessary and appropriate Contingency Agreements with participating development partners; and WHEREAS, the City Council finds and determines that the preparation and submission of such application, together with any necessary and appropriate Contingency Agreements with participating development ._1_..___._a partners, is in the best interest of residents of the !\.a_. of\/_I...Y_ _._J development City Yakima, and will promote economic development, create employment opportunities, and will promote the general health, safety and welfare; therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: The City Manager is hereby authorized to prepare and submit, on behalf of the City of Yakima, and application for available funding from the Yakima County SIED Program for the improvement of the 21st Avenue — Airport Lane project as generally described above, together with any necessary and appropriate Contingency Agreements with participating development partners, to accomplish such timely submission as the City Manager deems prudent and in the best interests of the City of Yakima; now, therefore, ADOPTED BY THE CITY COUNCIL this 6th day of January, 2015. ATTEST: Micah Cawley, Mayor BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 7. For Meeting of: January 06, 2015 ITEM TITLE: SUBMITTED BY: SUMMARY EXPLANATION: Resolution authorizing the City Manager to prepare and submit an application for SIED funding for project to construct Airport Lane — 21st Avenue Extension Sean Hawkins, Economic Development Manager, 575-6274 Rob Peterson, Airport Manager, 575-6149 The Yakima Air Terminal -McAllister Field continues to see growth in a variety of areas throughout the airport to include passengers utilizing airline service, cargo operations, to the need for additional hangar development. During the October 10, 2014 City Council Study Session involving City Capital Investment Opportunities, airport staff presented the proposal to extend 21st Ave and realign Airport Lane of which will provide direct access to airport property for the further development of hangars and businesses. Through close coordination with Council members and the Economic Development Committee it was recommended to seek financial support by application of a Supporting Investments in Economic Diversification (SIED) to assist with the development of 21st Ave and Airport Lane. Resolution: X Other (Specify): Contract: Start Date: Item Budgeted: Yes Funding Source/Fiscal Impact: Strategic Priority: Insurance Required? No Mail to: Phone: Ordinance: Contract Term: End Date: Amount: 180,000 They City of Yakima will contribute approximately $180,000 allocated in the 2015 budget for the 21st Ave extension as the local match. Total estimated costs for both 21st Ave and the realignment of Airport Lane are $705,000. Improve the Built Environment APPROVED FOR SUBMITTAL: RECOMMENDATION: City Manager Staff recommends the City Council allow the City Manager to apply for SI ED funding to further develop the airport's access and infrastructure to allow additional hangar and business development. ATTACHMENTS: Description D Airport SIED Grant Resolution D map D map 2 Upload Date 12/16/2014 12/23/2014 12/23/2014 Type Cover Memo Cover Memo Cover Memo - . - r r#,.1414 um IF 5.1 OOW.'Was h i-,14'4 rr Q* i is .� ��w ,411*,' II4U I • ..k.aimorms6 Anla%rollip