Subject:
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Airport Coronavirus Response Grant program resulting grants applications, grant agreements, and documents designated for the St. Pete-Clearwater International Airport.
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Recommended Action:
Recommended Action
Approval of the grant applications and resulting grant agreements that the St. Pete-Clearwater International Airport (PIE) must submit to the Federal Aviation Administration as a result of the recently passed Coronavirus Response and Relief Supplemental Appropriation Act’s Airport Coronavirus Response Grant Program (ACRGP).
• H.R. 133 was signed into law by the President on December 27, 2020 which includes $2B in funds to be awarded as economic relief to eligible U.S. airports and eligible concessions.
• The funds are being given to prevent, prepare for, and respond to the coronavirus disease 2019 (COVID-19) public health emergency.
• PIE’s total grant amount is $4,806,846.00. Of that amount, $244,904.00 provides relief from rent and minimum annual guarantees to airport concessionaires, while the remaining $4,561,942.00 provides reimbursement for airport employee payroll and operational expenses to combat COVID-19. No local match is required.
• The grant must be obligated by June 30, 2021 and expended within four years.
• The grant agreement may be sent directly to the Board Chairman for electronic signature to streamline the process.
Authorize the Clerk of the Circuit Court to attest the two ACRGP grant applications and resulting grant agreement documents that will follow in the next few months.
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Strategic Plan:
Ensure Public Health, Safety, and Welfare
2.1 Provide planning, coordination, prevention, and protective services to ensure a safe and secure community.
Foster Continual Economic Growth and Vitality
4.1 Proactively attract and retain businesses with targeted jobs to the county and the region.
Summary:
Summary
Under this new ACRGP, primary commercial service airports will share $1.75B based on the numbers of annual passenger boardings. Primary commercial airports will share an additional $200M based on the number of annual boardings, and these funds will be available to provide relief from rent and minimum annual guarantees (MAGs) to on-airport rental cars, on-airport parking, and in-terminal airport concessions. Airports will provide this relief to each airport concession based on its proportional share of the total annual rent and MAGs for the airport. PIE, through its concessionaire agreements, already allows MAGs to be waived when the passenger traffic falls below a critical level.
There will be no local share required on the ACRGP funding.
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Background Information:
The support for airports included in the ACRGP will help sustain them through the expected gradual recovery of passenger travel, even though the pace of recovery remains uncertain.
Fiscal Impact:
The funding provided from this grant will be included as part of the FY21 Estimate and FY22 Budget request. No local match is required.
Staff Member Responsible:
Thomas R. Jewsbury, Director, St. Pete-Clearwater International Airport
Partners:
FAA
Attachments:
ACRGP Grant Application for Airport Concessionaires
ACRGP Grant Application for Personnel and Operational Expenses