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HomeMy WebLinkAboutResolution No. 266-15 - AirportFinancialStudy.ProfServAgreeRESOLUTION BE IT RESOLVED by the Common Council of the City of Rochester that the City approve of and execute a professional services agreement with Leibowitz and Horton for an Airport Financial Study which will include the preparation of a financial plan to establish a base line, identify capital funding shortfalls for CIP planning and identify potential revenue enhancement opportunities at the Rochester International Airport. This agreement will be on a lump sum basis with a total fee of $54,814. Local #6879. BE IT FURTHER RESOLVED that the City accept the state aid agreement that will provide funding for this Agreement. The Mayor and City Clerk are authorized and directed to execute the professional services agreement with Leibowitz and Horton and the state aid agreement on behalf of the City. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS ATTEST: CITY CLERK DAY OF , 2015. PRESIDENT OF SAID COMMON COUNCIL APPROVED THIS DAY OF , 2015. MAYOR OF SAID CITY (Seal of the City of Rochester, Minnesota) Res 15W i rport\ProfServ. LH 1