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FDOT may take multi-year funding approach on $3.5 million for VT-MAE project

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Interim Airport Director Dan Flynn wrote, “The City of Pensacola has been in contact with the Florida Department of Transportation (FDOT) with respect to funding assistance for the $3.5 million that the Federal Aviation Administration will not provide.”

He said that FDOT has indicated a multi-year approach to providing the funding–a portion of it this year through a State Joint Participation Agreement (grant) this year, and the remainder over the next one to two years with supplemental Joint Participation Agreements.

Flynn said, “This would work with the overall project timeline. At this time we are waiting for the issuance of the initial Joint Participation Agreement.”

When asked about a possible match, the airport director said, “At this point FDOT has not referenced the need for a match. Some Joint Participation Agreements require them, some do not.”

He pointed out that the $2.7-million Joint Participation Agreement for the stormwater project was a 100 percent grant.

“The $11 million Joint Participation Agreement that FDOT already has in place for the VT project is being matched by the other sources of funds already committed to the project,” said Flynn. “If a match is required, it would still be covered under the remainder of the other funds already available for the work.”

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