The Airport Development Reimbursable Grant Agreement is between the State of Arizona, acting through its Department of Transportation, and the City of Cottonwood. The agreement provides a grant for the development of Taxiway A at the Cottonwood Municipal Airport. The maximum reimbursement available from the State to the City is $189,822. The agreement outlines the obligations of both parties and the scope of the project. Key aspects of the contract include the project description, the maximum reimbursement, and the effective date of the agreement.
• The grant is for the development of Taxiway A at the Cottonwood Municipal Airport.
• The maximum reimbursement available is $189,822.
• The agreement was effective upon the signature of the representative of the State.
• The City of Cottonwood is responsible for the project's execution.
• The Arizona Department of Transportation is responsible for providing the grant.