HomeMy WebLinkAbout2016-09-12 16-344 RESOLVECOUNCIL ACTION
Item No. 16-344
Date: September 12, 2016
Item/Subject: Resolve, Accepting and Appropriating a Grant from the U.S. Economic Development
Administration, in the amount of $1,243,004 to Support an Expansion at C&L Aerospace Holdings at
Bangor International Airport
Responsible Department: Airport
Commentary: This Resolve will accept and appropriate $1,243,004 from the US Economic Development
Administration to support an expansion of C&L Aerospace Holdings, LLC in the premises it leases from the
City of Bangor to include a commercial aircraft refurbishment and painting facility. The City applied for and
received a grant award in the amount of $1,243,004 for the aforementioned Project. The grant requires that
the City match the grant amount of $1,243,004 which will include $310,000 from the City to relocate the
glycol tanks and the remainder will be provided by C&L. This item will be reviewed in a pre -council meeting
on September 12, 2016.
Tony Caruso
Department Head
Manager's Comments:
City Manager
Associated Information: Resolve
Budget Approval:
Finance Director
Legal Approval:
i So itor
Introduced for
Passage
_ First Reading Page
Referral
16-344
SEPTEMBER 12, 2016
Assigned to Councilor Baldacci
CI`T'Y OF BANGOR
(TITLE.) Resolve, Accepting and Appropriating a Grant from the U.S. Economic Development
Administration, in the amount of $1,243,004 to Support an Expansion at CK Aerospace
Holdings at Bangor International Airport.
BY THE CITY COUNCIL OF THE CITY OF BANGOR:
RESOLVED THAT, there is hereby accepted and appropriated a grant from the US Economic
Development Administration in the amount of $1,243,004 to support the expansion of CK
Aerospace Holdings, LLC in their leased premises at Bangor International Airport.
IN CITY COUNCIL
SEPTEMBER 12, 2016
CR. 16-344
MOTION MADE AND SECONDED TO WAIVE FIRST READING
FIRST READING VAIVED
MOTION MADE AND SECONDED FOR PASSAGE
PASSED
CITY CLERK