Airport Master Plan 2012 - City of Waterville
Airport Master Plan 2012 - City of Waterville
Airport Master Plan 2012 - City of Waterville
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Table 8.3<br />
Phase 3 (11 to 20 years) Project Costs<br />
Project Cost FAA MaineDOT <strong>Airport</strong> Other<br />
3-A: Construct New FBO Expansion $3,805,000 $3,424,500 $190,250 $190,250 None<br />
3-B: Construct Airfield Fencing<br />
Improvements<br />
$1,765,000 $1,588,500 $88,250 $88,250 None<br />
3-C: Construct Taxiway “E” $808,500 $727,650 $40,425 $40,425 None<br />
3-D: Develop Area G / North Quadrant $14,582,000 $0 $0<br />
See<br />
Other<br />
$14,582,000<br />
3-E: Land Acquisition/Easements for<br />
MALSR Upgrade<br />
$395,000 $355,500 $19,750 $19,750 None<br />
3-F: Upgrade the Approach Lighting<br />
System to a MALSR<br />
$945,000 $850,500 $47,250 $47,250 None<br />
3-G: Reconstruct Taxiway A $4,500,000 $4,050,000 $225,000 $225,000 None<br />
3-H: Purchase Avigation Easements -<br />
Long Term<br />
$299,200 $269,280 $14,960 $14,960 None<br />
3-I: Land/Easement Acquisition South <strong>of</strong><br />
Taxiway “D” (6.4 Acres)<br />
$64,000 $57,600 $3,200 $3,200 None<br />
3-J: Reconstruct Taxiway D $2,850,000 $2,565,000 $142,500 $142,500 None<br />
Total – Phase 3: $30,013,700 $13,888,530 $771,585 $771,585 $14,582,000<br />
8.4 Project Funding Sources<br />
There are various sources <strong>of</strong> capital funding available to airports. Specifically, <strong>Waterville</strong> <strong>Airport</strong> has the<br />
following available:<br />
<br />
<br />
<br />
<br />
FAA <strong>Airport</strong> Improvement Program<br />
o Non-Primary Entitlement Funds<br />
o Apportionment Funds<br />
o Discretionary Funds<br />
Maine DOT State Funding<br />
Local Funding<br />
Private Investment<br />
FAA <strong>Airport</strong> Improvement Program<br />
The <strong>Airport</strong> and Airway Trust Fund, which was established by the <strong>Airport</strong> and Airway Revenue Act <strong>of</strong><br />
1970, provides the revenue used to fund the <strong>Airport</strong> Improvement Program. The legislation that currently<br />
authorizes the FAA to issue <strong>Airport</strong> Improvement Program (AIP) grants for airport eligible projects<br />
expired September 30, 2007 and the FAA is currently operating under temporary reauthorization<br />
legislation. Since it is too speculative to determine when a longer, more stable funding measure will be<br />
agreed upon, for the purpose <strong>of</strong> this Chapter it is assumed that the existing AIP requirements and funding<br />
sources will continue.<br />
The <strong>City</strong> <strong>of</strong> <strong>Waterville</strong> Maine<br />
Implementation and Financial <strong>Plan</strong> – Page 8-5<br />
<strong>Airport</strong> Solutions Group, LLC & The Louis Berger Group, Inc. December 2011
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