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Budget Year / Version:  
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Description

This is a land purchase of property located on Maryland 124, and the expense of relocating the current owner. The property is located adjacent to the southeast corner of the Airpark property. The Federal Aviation Administration (FAA) has deemed this purchase necessary to maintain safety standards at Montgomery County Airpark in Gaithersburg. (Parcel 28 - Gold's Gym)
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Phase

Planning Stage

Status

Closeout
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Budget Snapshot
$4.1M Total
Expenditures/Funding
$0M 6 Year Total
Expenditures/Funding
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Location

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Cost Change

This project cost decreased from the projected total last year, as the Revenue Authority did not have to relocate the tenants.
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Justification

This project is a continuation of the Airport Layout Plan (ALP), which was developed in conjunction with the FAA in 2002. The ALP identifies the projects and plans the sequencing for continued airport improvement. A supplemental environmental assessment for this purchase was completed in 2017. This project includes the purchase of land adjacent to the Airpark which is necessary to maintain Federal safety standards for airport operations. Federal funds for the Airpark are approved by the FAA through the Airport Capital Improvement Plan (ACIP). FAA priorities for funding airport projects include promoting safety and security; preserving existing infrastructure; mitigating noise or environmental impacts; fulfilling compliance, and providing capacity. Federal funding and requirements will dictate the final timeline for the purchase.
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Coordination

Federal Aviation Administration and Maryland Aviation Administration.
Budget Snapshot
$4.1M Total
Expenditures/Funding
$0M 6 Year Total
Expenditures/Funding
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Project Details
Project NumberP391902
Date Last Modified01/07/24
Administering AgencyRevenue Authority
CategoryRevenue Authority
SubCategoryMiscellaneous Projects (Revenue Authority)
Planning AreaGaithersburg and Vicinity
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Total Expenditures by Cost Element (000s)
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Total Funding by Source (000s)
EXPENDITURES (000s)
Cost ElementsTotalThru FY23Est FY24Total 6 YearsFY 25FY 26FY 27FY 28FY 29FY 30Beyond 6 Years
Planning, Design and Supervision00000000000
Land41000410000000000
Site Improvements and Utilities00000000000
Construction00000000000
Other00000000000
Total Expenditures41000410000000000
FUNDING (000s)
Funding SourceTotalThru FY23Est FY24Total 6 YearsFY 25FY 26FY 27FY 28FY 29FY 30Beyond 6 Years
Federal Aid00000000000
Revenue Authority41000410000000000
State Aid00000000000
Total Funding Sources41000410000000000
APPROPRIATION AND EXPENDITURE DATA ($000s)
Appropriation FY 25 Request0
Year First Appropriation
Appropriation FY 26 Request0
Last FY's Cost Estimate5000
Cumulative Appropriation0
Expenditure / Encumbrances0
Unencumbered Balance0