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Board signs on to state maintenance program offering up to $100,000 for pavement work
Summary
Board approved pursuing a new INDOT-funded airport maintenance grant that would reimburse 75% up to $100,000 (state program funded from the LUST Fund); staff estimated a total project cost of $141,179.65, a state share of $100,000 and a local match of $41,779.65, noting $76,480 in prior crack-sealing expenses could be submitted for reimbursement.
Staff presented a newly available Indiana Department of Transportation (INDOT) airport maintenance program that provides 75% reimbursement up to $100,000 for eligible pavement maintenance. The presenter described the funding source as the Leaking Underground Storage Tank (LUST) Fund and said the airport could submit prior crack-sealing costs and additional painting work under the program.
Staff estimated the combined project (previous crack sealing plus new painting quotes) at $141,179.65; the state share would be $100,000 and the local match $41,779.65. "This program is exciting because it gives you an opportunity to get 75¢ on the dollar up to a $100,000 from the state," the presenter said. Board members asked about the fund’s continuity and whether a sunset could change future availability; the presenter said the LUST-funded program is statutory and unlikely to disappear without legislative change.
