ITEM TITLE:
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Consider approving a limited support agreement between the City of Lawton and the Lawton Metropolitan Area Airport Authority, contingent upon the Lawton Metropolitan Area Airport Authority also approving the agreement, to provide funding to be used solely for legal expenses related to Fire Station #2 located on airport grounds, and authorize the Mayor and City Clerk to execute the agreement.
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INITIATOR: Rebecca Johnson, Finance Director
STAFF INFORMATION SOURCE: Rebecca Johnson, Finance Director
John Ratliff, City Manager
BACKGROUND: The Lawton Metropolitan Airport Authority is in litigation involving Fire Station #2, which is located on airport grounds. The funding outlined in the proposed agreement is to be used solely for legal expenses related to said litigation. The agreement allocates $122,505.00 from general funds for use by the Authority, on a reimbursement basis.
EXHIBIT: Proposed Limited Support Agreement
KEY ISSUES: N/A
FUNDING SOURCE: General Funds
STAFF RECOMMENDED COUNCIL ACTION: Approve the agreement, contingent upon the Lawton Metropolitan Airport Authority also approving the agreement, and authorize the Mayor and City Clerk to execute the agreement.