HomeMy WebLinkAbout2016-01-25 16-068 ORDERCOUNCIL ACTION
Item No. 16-M
Date: January 25, 2016
Item/Subject ORDER, Authorizing a Grant Application in the Amount of $1,243,004 to
the United States Economic Development Administration (EDA) for C&L
Aerospace Renovation and Expansion
Responsible Department: Community & Economic Development
Commentary: This Order will authorize the City Manager to submit a grant application to the United
States Economic Development Administration in the amount of $1,243,004 to assist in a renovation and
expansion of C&L Aerospace located at the Bangor International Airport. The total project cost is
$2,486,008 million and the grant requires a 50% match to be funded wholly by C&L Aerospace.
This item was reviewed and recommended for approval by the Business & Economic Development
Committee at its meeting on January 19, 2016.
Manager's Comments:
Associated Information: Order
Budget Approval:
Legal Approval:
Introduced for
X Passage
First Reading
Referral
Tanya Emery
Department Head
C i t RyM a�nia g e "r
finance Director
�;Nl -
licitor
Page _ of _
Assigned to Councilor Graham
CI`T'Y OF BANGOR
16-068
JANUARY 25, 2016
(TITLE.) ORDER, Authorizing a Grant Application in the Amount of $1,243,004 to
the United States Economic Development Administration (EDA) for C&L Aerospace
Renovation and Expansion
WHEREAS, the United States EDA has its FY2016 Public Works and Economic Adjustment
Assistance Programs Federal Funding Opportunity in place to help communities
fulfill regional economic development strategies designed to accelerate
innovation and entrepreneurship, advance regional competitiveness, create
higher -skill, living -wage jobs, generate private investment, and fortify and grow
industry clusters;
WHEREAS, a grant from this program would give the City funds for a renovation and
expansion at C&L Aerospace located at the Bangor International Airport; and
WHEREAS, the proposed project meets the eligibility requirements of the program and
would provide up to fifty jobs within the first year of completion:
BE IT ORDERED BY THE CITY COUNCIL OF THE CITY OF BANGOR THAT
The City Manager is authorized to submit an application to the United States Economic
Development Administration to assist in the renovation and expansion at C&L Aerospace.
IN CITY COUNCIL
JANUARY 25, 2016
PASSE ,
CITY CLERK