Project Grant 32700740242021

Award Date 9/9/21
Completion Date 9/8/25
Dollars Obligated $1.7M
Federal Agency
Great Lakes Region
Federal Grant Program
20.106
Assistance Type
Project Grant
Place of Performance
Owatonna, MN, USA
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PURPOSE: CONSTRUCT/MODIFY/IMPROVE/REHABILITATE HANGAR; CONSTRUCT TAXILANE. THIS GRANT INCLUDES FUNDING BY THE AMERICAN RESCUE PLAN ACT OF 2021 TO INCREASE THE FEDERAL SHARE TO 100 PERCENT FOR THE AIRPORT IMPROVEMENT PROGRAM (AIP). ACTIVITIES TO BE PERFORMED/EXPECTED OUTCOMES: THIS PROJECT CONSTRUCTS 650 FEET OF TAXILANE TO CONNECT A HANGAR TO TAXIWAY B. THIS PROJECT CONSTRUCTS A NEW 14,866 SQUARE FOOT T-HANGAR FOR AIRCRAFT STORAGE, MAINTENANCE, OR SERVICE TO ASSIST THE AIRPORT TO BE AS SELF-SUSTAINING AS POSSIBLE BY GENERATING REVENUE. THE SPONSOR HAS ADEQUATELY FINANCED THE AIRSIDE NEEDS OF THE AIRPORT. THIS GRANT FUNDS THE FINAL PHASE, WHICH CONSISTS OF CONSTRUCTION. INTENDED BENEFICIARY: THIS GRANT WILL PROVIDE FEDERAL FUNDING FOR AIRPORTS ASSOCIATED WITH OWATONNA, MINNESOTA.

Posted 9/9/21, 12:00 AM