Agenda Information Sheet
DEPARTMENT: Denton Enterprise Airport
DCM: Bryan Langley
Date: May 2, 2017
SUBJECT
Title
Consider approval of a resolution specifying the intent of the City of Denton, Texas to designate a 25.630 acre tract out of a 340.469 acre tract previously purchased by the City of Denton in November 2016 for Denton Enterprise Airport use; and providing and effective date. (Denton Enterprise Airport: West Parallel Runway Project (Eagle Farms, Inc. and John Porter Auto Sales, Inc.)
Body
BACKGROUND
The Denton Enterprise Airport has received grant funding from the Texas Department of Transportation, Aviation Division (TxDOT) for the purpose of designing a second runway and other related improvements known as the West Parallel Runway Project. Upon completion of the final design, TxDOT will offer a second grant not to exceed $5.9 million to assist in the construction of the proposed west runway.
Resolution No. R2014-025, accepting a grant from TxDOT for the above stated purposes, was passed and approved by City Council on June 17, 2014. Ordinance No. 2014-304 authorized the City Manager to execute on behalf of the City of Denton the Airport Project Participation Agreement ("APPA") with the Texas Department of Transportation Aviation Division (TxDOT Aviation) relating to certain improvements at the Denton Enterprise Airport, as identified in the APPA, as TxDOT Contract No. 5XXAV003 (the "Agreement") and to expend funds as provided for in the Agreement.
On September 21, 2016, the acquisition of this 25.630 tract was incorporated into the larger transaction of 340.459 acres authorized by Ordinance 2016-302. This 340.459 acre tract is planned for various municipal purposes including DEC siting, electric substation and transmission line infrastructure, future Loop 288 roadway reservation and runway protection zone for Denton Enterprise Airport.
In order to close out the grant and receive reimbursement for 85% of the funds used to purchase the 25...
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