HomeMy WebLinkAboutMINUTES - 06131989 - 1.53 .: 1-053
TO: BOARD OF SUPERVISORS
FROMt J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR
DATE:', JUNE 13, 1989
SUBJECTt CALIFORNIA DEPARTMENT OF TRANSPORTATION DIVISION OF
AERONAUTICS LOAN AGREEMENT IN THE AMOUNT OF $222, 222 FOR
CONTRA COSTA COUNTY-BYRON AIRPORT (#3-06-0008-03 )
Specific Request(s) or Recommendation(s) & Background &
Justification
RECOMMENDED ACTION:
ACCEPT California Airport Loan Agreement in the amount of $222,222
to match funds for a Federal Airport Improvement Program Grant at
Byron Airport; and
AUTHORIZE Chairman of the Board of Supervisors to sign said
Agreement on behalf of Contra Costa County.
FINANCIAL IMPACT:
Matching loan for Federal Aid Project
REASONS FOR RECOMMENDATION/BACKGROUND:
See Page 2 .
Cont'd, on attachment: X yes Signature:
Recommendation of County Administrator
Recommendation of Board Committee
Approve Other:
Signature(s) :
Action of Board on: JUN 13 1989
Approved as Recommended_Z�__ Other
Vote of Supervisors: I HEREBY CERTIFY THAT THIS IS
A TRUE AND CORRECT COPY OF AN
X_ Unanimous (Absent ) ACTION TAKEN AND ENTERED ON THE
Ayes% Noes: MINUTES OF THE BOARD OF
Absent: Abstain: SUPERVISORS ON DATE SHOWN.
Orig.Div.-Airports Attested JUN 13 1989
cc: County Administrator Phil Batchelor, Clerk of the
Public Works Director Board of Supervisors
Public Works Accounting and County Administrator
Aviation Advisory Com.
Federal Aviation Admin. By //7,u,1�1
Caltrans Div. Aeronautics Deputy Clerk
HEW:dg
calloan.bo
Caltrans Loan Agreement
June .13, 1989
Page 22
REASONS FOR RECOMMENDATION/BACKGROUND:
The Board of Supervisors approved a Federal Aviation Administration
Grant, Agreement (AIP 3-06-0008-03) in the amount of $2,000,000 on
March', 7 , 1989 . The local share is $222, 222 making the total
project cost $2, 222, 222 .
The purpose of this loan is to cover the Airport's local share of
the project. The revenue generated into the State Aeronautics Fund
by this loan program increases the fund for future State
Aeronautics development programs .
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