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HomeMy WebLinkAboutResolution No 2023-16 L24SRXE Grant Offer LetterIDAHO TRANSPORTATION DEPARTMENT Division of Aeronautics (208) 334-8775 3483 Rickenbacker Street Boise ID 83705 itd.idaho.gov/aero September 26,2023 Jerry Merrill, Mayor City of Rexburg 35 North 1st East Rexburg, ID 83440 GRANT AGREEMENT - IDAHO AIRPORT AID PROGRAM STATE FISCAL YEAR-24 for the Rexburg-Madison County Airport FS PROGRAM NUMBER: L24SRXE PROJECT DESCRIPTION: New Airport This grant is in the amount of $4,000,000.00. Dear Mayor, The Idaho Division of Aeronautics is pleased to offer your airport this matching grant to assist in financing improvements to your airport during State FY-24. Enclosed is an electronic copy of the Grant Offer for the Idaho Airport Aid Program. Please read this letter and Grant Offer carefully. To enter into this agreement, you must do the following: • Provide authority to execute the grant to the individual signing the grant • Have the City Council ratify both the Grant Agreement and the City Resolution • Authorized representative must execute the grant no later than 12/29/2023 • A final, .pdf copy of the grant will be e-mailed once all parties have signed • Please have the City Clerk attest to and sign To ensure proper stewardship of State funds, you are expected to submit payment requests for reimbursement of allowable incurred expenses in accordance with project progress. Should you fail to make draws on a regular basis, your grant may be place in “inactive” status, which will affect your ability to receive future grant offers. Each payment request for reimbursement will include the following items: • Request for Reimbursement letter stating FS Program #, request #, invoice total, and reimbursement requested • FAA Form 270/271 or DELPHI eINVOICING P AYMENT SUMMARY WORKSHEET (if applicable) • Applicable Invoices/Outlay Reports I look forward to working with the City on this project. If you have any questions regarding the acceptance of this grant, please call me at (208) 334-8640. Sincerely, Jennifer L. Schildgen Airport Planning Manager