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The FAA grant is for $830,625.00 to support construction. A local match of 5% is <br />required. Funds are currently budgeted in the Airport Fund. <br />Washington Department of Transportation Aviation Division has noticed Public Works <br />of available funds to support the hangar taxilane complex project through Grant <br />Agreement No. GCC 1495. The maximum amount of the State grant is $23,750.00. This <br />funding helps to offset a portion of the local match required for Federal Funding on this <br />project. <br />FISCAL IMPACT: <br />Grant funding reduces the local match required for the project <br />ATTACHMENTS: <br />1. Resolution <br />2. Grant Offer Letter <br />