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CCAA Resolution 2008-027r� L Agenda Item No. 16G5 June 24, 2008 Page 6 of 25 RESOLUTION NO. 08-27 RESOLUTION OF THE COLLIER COUNTY AIRPORT AUTHORITY (AUTHORITY) RECOMMENDING THAT THE COLLIER COUNTY BOARD OF COMTY COMMISSIONERS APPROVE AND AUTHORIZE ITS CHAIRMAN TO SIGN A LETTER OF COMMITMENT FOR FUNDS IN THE AMOUNT OF S1,000,000 TO LEVERAGE A RURAL BUSINESS ENTERPRISE GRANT (RBEG) FROM THE UNITED STATES DEPARTMENT OF AGRICULTURE IN THE AMOUNT OF $495,000, AND A RESOLUTION AUTHORIZING THE AUTHORITY TO APPLY FOR THE RBEG AND THE AUTHORITY'S EXECUTIVE DIRECTOR TO SIGN ALL RELATED DOCUMENTS TO CONSUMMATE THE RBEG FOR AN ELIGIBLE RBEG PROJECT AT THE IMMOKALEE REGIONAL AIRPORT. WHEREAS, the Collier County Airport Authority (Authority) submitted a grant pre - application to the United grates Dent of Agriculture (USDA) for a Rural Business Enterprise Grant (RDEG) in the amount of 5495,000; and eligible for WHEREAS. . the USDA responded that the Authority's pre - application project is S y the USDA and provided a list of mandatory application requirements; and WHEREAS, the Authority's proposed project is a 24,000 s steel manufacturing facility At the lmmokaiee Regional Airport; andq -f oat machine and WHEREAS, requirements number 5 and 13 are applicable to the Collier County Board of County Commissioners (BCC); and WHEREAS, requirement number 5 is "commitment letters from the other funding entities on their letterhead (including applicant) of funds committed for the project ": and WHEREAS, the $1,000,000 needed to leverage the USDA grant is available in the Authority's Fund 497; and WHEREAS, the Authority intends to negotiate a lease agreement for this facili for the fair market value with a RBEG eligible buisness: and ty WHEREAS, requirement number 13 is a "Resolution authorizing person(s) to sign all related documents to consummate the grant and authorizing the application of the RBEG." 0 YAA4M1ft" JM1AA 0awd%RwaJWjMUUtft CS-27 Ra m WC far ISUA RBEG doc Agenda Item No. 16G5 June 24, 2008 � NOW, THEREFORE, Page 7 of 25 COUNTY AIRPORT AUTHORITY, that the Authority BY THE COLLIER BCC approve and authorize its _Y recommends wfOr that the amount of $1,000,000 to leverage as RBEG with the USDA ut the o nt of 95n the and a Resolution authorizing the Authority to aWlY for the RBEG and the Authority's � Executive Director to sign all related documents to consw=mte the RBEG for an eligible RBEG project at the Immokalee Regional Airport PASSED AND DULY ADOPTS alive majority vote of the Collier County, Airport Authority this 9t day of ATTEST: Approved as to form and legal sufficiency. C I trD7 ?� Colleen Cmene, Anistant County Attorney AIRPORT AUTHORITY COLLIER COUNTY, FLORIDA (�i—D Stephen L. price, Chairman Y:Vjng8WnonlAA 2""M1Wi0"Wft OF-27 Rea 10 HCC Cur USDA RBEG don