FY25 Proposed Budget

2024 2028 thru

Capital Improvement Plan 2024-2028 City of Iowa City, Iowa

AIRPORT

Department

Contact Michael Tharp

Unassigned

Type

A3481

Project #

20 years

Useful Life

Project Name Airport Solar

Airport

Category

GRANTEE FAA

Essential (2)

PLAN

Priority

MATCH % 10%

Active

TIF DISTRICT

Status

Total Project Cost: $1,088,277

Description Installation of 2 solar arrays to provide renewable energy source of power for the airfield lighting and generally, daily occupied and active buidlings. Project split to accommodate BIL funding use requirements.

Justification This project will construct an estimated 200,000 kWh array on the north side of the airport to support operations of the airfield lighting and terminal building. A second approximatley 170,000 kWh array near the entry drive circle to support the operations of the University of Iowa Operator Performance Lab and Jet Air Maintenance hangar. Funding is a 90% FAA share grant from BIL funds

Expenditures

Total

2024

2025

2026

2027

2028

PLANNING/DESIGN

200,000

200,000

CONSTRUCTION

422,732

465,545

888,277

622,732

465,545

1,088,277

Total

Funding Sources

Total

2024

2025

2026

2027

2028

AIRPORT FUND

0

46,554

46,554

FEDERAL GRANTS

622,732

418,991

1,041,723

622,732

465,545

1,088,277

Total

Budget Impact/Other Will save approximately $12,000/year in direct utility costs to the airport, and provide another $10,000/year of income through charges to other entities for use of power.

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