Item Coversheet

BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT

Item No. 7.K.
For Meeting of: AprilĀ 2, 2024

ITEM TITLE:

Resolution authorizing an airport concession rent credit between the City of Yakima- Yakima Air Terminal-McAllister Field and BBold Advertising and Marketing

SUBMITTED BY:Jaime Vera, Airport Operations and Maintenance Manager 
SUMMARY EXPLANATION:

On Thursday, March 11, 2021, the President of the United States signed the American Rescue Plan Act (ARPA) (H.R. 1319, Public Law 117-2) to provide continued funding from the federal government throughout the FY 2021-2022 and to minimize the economic impacts and assist Cities throughout the nation with their response to the COVID-19 virus. Grant funds will be provided directly from the U.S. Treasury's General Fund to prevent, prepare for, and respond to the impacts of the COVID-19 public health emergency; the FAA's Office of Airports will administer grant funds to airport sponsors.

 

The City of Yakima previously received funding through this program. Subsequent to that, the City has reached out to qualified concessionaires of the airport advising them of the program. 

 

The CONCESSIONAIRE has provided proper notice to the CITY by submitting the airport concession rent relief certification form indicating the desire to receive rent relief under the Airport Coronavirus Response Grant Program and CONCESSIONAIRE has certified at the time this agreement is entered into that they meet the criteria outlined in the correspondence labeled: Federal Grant Funding Related To The Coronavirus Response and Relief Supplemental Appropriations Act, as evidenced by the Certification signed by CONCESSIONAIRE, copies of which are attached hereto as Exhibit A and fully incorporated into this agreement.

ITEM BUDGETED:Yes
STRATEGIC PRIORITY:Economic Development
APPROVED FOR SUBMITTAL BY THE CITY MANAGER
RECOMMENDATION:
Adopt Resolution.
ATTACHMENTS:
DescriptionUpload DateType
Resolution3/26/2024Cover Memo
Agreement_BBold3/27/2024Contract