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|May 20, 2009 - Monterey Airport Gets $8 Million from Stimulus|
WASHINGTON, D.C. - The U.S. Department of Transportation has announced it is awarding an $8 million grant to the Monterey Peninsula Airport for runway rehabilitation. The funds are part of the Economic Recovery Act that was passed by Congress and signed into law by President Obama in February.
"This is another piece of the economic recovery bill headed to the Central Coast, creating jobs and updating our infrastructure," said Congressman Sam Farr (D-Carmel). "Between money for construction, social services, tax cuts and payments to vets and Social Security recipients, our local economy is seeing an injection of more than $230 million."
The $8 million grant will be used for runway rehabilitation at the airport, creating construction jobs and extending the life of the facilities.
"This is great news for our community," said Carl Miller, chairman of the Monterey Peninsula Airport District Board of Directors. "This runway rehabilitation project will extend the life of our main air-carrier runway and help preserve the airport as a valuable asset to our community. In addition, this could create numerous jobs over the life of the project."
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