Title
RESOLUTION APPROVING FUNDING AGREEMENT WITH MONACO AIR FOUNDATION, INC., ALLOCATING $30,000 TOWARDS THE COST OF INTERIOR AND EXTERIOR SIGNAGE RELATED TO NAMING THE NEW AIRPORT PASSENGER TERMINAL IN HONOR OF LATE U.S. REPRESENTATIVE JAMES L. OBERSTAR.
Body
CITY PROPOSAL:
RESOLVED, that the proper city officials are hereby authorized to enter into a funding agreement with Monaco Air Foundation, Inc., substantially in the form attached hereto as Exhibit A, allocating $30,000 towards the cost of purchasing and installing interior and exterior signage related to the naming of the new airport passenger terminal at the Duluth International Airport in honor of the late U.S. Representative James L. Oberstar, payable from fund 258-030-5436-11 (tourism taxes fund, finance department, tourism tax allocation, advertising and promotion).
Statement of Purpose
STATEMENT OF PURPOSE: This resolution approves the allocation of $30,000 towards the cost of purchasing and installing interior and exterior signage related to naming the new passenger airport terminal in honor of the late U.S. Representative James L. Oberstar. Mr. Oberstar was a national leader in public transportation and the driving force responsible for the construction of the new airport passenger terminal at the Duluth International Airport.