Broward County Commission Regular Meeting
Director's Name: Mark Gale
Department: Aviation Division: Finance
Information
Requested Action
title
MOTION TO APPROVE Concessions Rent Relief Airport Rescue Grant Agreement No. 3-12-0025-096-2022, in the amount of $15,378,537, for economic relief from rent and minimum annual guarantees at Broward County's Fort Lauderdale-Hollywood International Airport; to authorize the County Administrator to take the necessary administrative and budgetary actions to authorize the Director of Aviation to execute the agreement and approve any non-monetary amendments to the agreement, subject to the Office of the County Attorney approval as to legal sufficiency.
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Why Action is Necessary
Broward County Board of County Commissioners' ("Board") approval is required to execute a Concessions Rent Relief Airport Rescue Grant Agreement ("Grant") with the Federal Aviation Administration ("FAA").
What Action Accomplishes
Allows the Board to approve the FAA Grant, authorize the Director of Aviation to execute the FAA Grant agreement, and accept Federal grant funding for economic relief for the Fort Lauderdale-Hollywood International Airport ("FLL") in response to the COVID-19 pandemic.
Is this Action Goal Related
No
Previous Action Taken
None.
Summary Explanation/Background
THE AVIATION DEPARTMENT RECOMMENDS APPROVAL OF THE ABOVE MOTION.
This action allows Broward County ("County") to accept Federal grant funds associated with the American Rescue Plan Act of 2021 ("ARPA").
On March 11, 2021, the President signed ARPA (Public Law 117-2) in response to the COVID-19 pandemic. Section 7102 of ARPA provides economic relief from rent and minimum annual guarantees ("MAG") for eligible in-terminal airport concessions. FLL was allotted a total of $15,378,537 for in-terminal concession relief. The funds are to be divided as follows: $3,075,707 for small in-terminal airport concessions and $12,302,830 for large in-terminal airport...
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