Resolution No. 5420 authorizes the City to submit an application for and, if awarded, to accept WSDOT grant funds for the construction of Project CP1516, Auburn Municipal Airport Runway 16-34 Extension.

The project will improve aircraft safety and the ability to accommodate the current and forecast fleet of multi-engineer piston aircraft for both takeoff and accelerated-stop distances by providing additional runway length.  Grant funding from the Federal Aviation Administration (FAA) and the Washington State Department of Transportation, Aviation Division (WSDOT) is available to support the construction of this project.  However, before the WSDOT, Aviation Division is able to award these funds, a resolution must be approved by the City including a specific statement of support. 

The cost of the construction is estimated to total up to $2,700,000. Funding is anticipated to be as follows:

Source                                          Amount              Percentage

Federal Funds (FAA)                       $2,700,000                90.0%

Local Funds (Airport Fund #465)     $150,000*                   5.0%

State Funds (WSDOT)                     $150,000                    5.0%

Total                                                 $3,000,000             100.0%

*If WSDOT grant funding is not awarded, the City's share would increase to $300,000, or 10% of the total project cost.