Agenda Item
11. REQUEST TO INCREASE REVENUE BUDGET AND APPROPRIATION BASED ON THE FIFTH AMENDMENT TO THE COOPERATIVE AGREEMENT WITH THE NAVY AS RELATED TO THE NORTH HANGAR FIRE INCIDENT
The City anticipates entering into a fifth amendment to the Cooperative Agreement with the U.S. Department of the Navy (Navy) to implement an emergency response related to the North Hangar Fire Incident. Staff is requesting the City Council's approval to increase revenue budget and related appropriation by $27 million for a current not-to-exceed reimbursement total of $88 million from the Navy. The City estimates that this fifth amendment will address the emergency response costs that the City has contracted and incurred on the Navy's behalf so far. Additional work related to the incident will be addressed in subsequent Cooperative Agreement amendments.