DEPARTMENT: Economic Development
DEPARTMENT HEAD: Rene Dominguez
COUNCIL DISTRICTS IMPACTED: Council District 4
SUBJECT:
City Council is considering: (a) application of previously approved $1,825,248 in matching EDIF funds (Matching Funds 1) in connection with a U.S. Economic Development Administration EDA Infrastructure Grant (EDA Grant 1) to Port San Antonio to support a North Airfield greenfield conversion project; (b) approval of designation of Port San Antonio as the successor EDA Grant 1 recipient; and (c) approval of a funding agreement between the City and Port San Antonio to govern the use of the Matching Funds 1.
City Council is also considering: (a) application of previously approved $962,002.90 ($500,000 from 2006 Tax Notes and $462,002.90 from Certificates of Obligation) (Matching Funds 2) in connection with a U.S. Economic Development Administration EDA Infrastructure Grant (EDA Grant 2) to Port San Antonio to address flooding issues at the Jet Engine Test Cell Facility area located at 652 Citrus Road at Port San Antonio; and (b) approval of a funding agreement between the City and Port San Antonio to govern the use of the Matching Funds 2.
SUMMARY:
Staff is requesting City Council action on the application of two previously approved Matching Funds in connection with EDA Grants to support a North Airfield greenfield conversion project and address flooding issues at the Jet Engine Test Cell Facility area at Port San Antonio.
BACKGROUND INFORMATION:
San Antonio has long played, and continues to play, an important role in the global aerospace industry. From the nation's first military flight at Fort Sam Houston in 1910, through the founding of Kelly Air Force Base in 1917 and its nearly 80 years of operation, to the establishment of Port San Antonio, San Antonio has served as an important asset in the U.S. defense aerospace industry.
On July 13, 2001, Kelly Air Force Base officially closed as a result of the Base...
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