Title
SOUTHWEST WASHINGTON REGIONAL AIRPORT INTERLOCAL COOPERATION AGREEMENT
COUNCIL STRATEGIC INITIATIVE ADDRESSED:
Council Initiative: Strengthen economic conditions & create new opportunities
Improve transportation systems
CITY ATTORNEY REVIEW: REQUIRED
SUMMARY STATEMENT:
The attached redlined agreement sets out all the changes addressing the issues presented from the previous draft that was last presented to City Council at your December 8, 2011 regular council meeting. This draft reflects the final changes requested by the Federal Aviation Administration and includes a change to the term of the agreement in Section IX.A. In particular, the length of term provision has been changed to a five year term. Within the last year of the initital term, the Board shall review the agreement to assure compliance and to determine if there is a need for any amendments. Following this review, the agreement shall be submitted to each entity at least ninety days prior to teh expiration of the initial term of the agreement. All other language in Section IX remains as is from the previous draft.
The agreement continues to require a several level at an annual expenditure of $40,000 per jurisdiction to be paid for the Airport for the 2012 fiscal year. If Council is supportive of increasing the annual contribution, staff is recommending that the appropriation by made from the general fund to reflect the general benefits of the airport to the community and to maintain the Economic Development Fund for continued economic development interests.
RECOMMENDED ACTION:
Motion to approve SW Washington Regional Airport Interlocal Cooperation Agreement subject to approval by the Federal Aviation Administration and authorize signature by the City Manager. It is further recommended that the Council authorize the annual contribution to the SW Washington Regional Airport to be allocated from the general fund.
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