To answer this, we need to start with the standard equation for an ellipse:
(x^2/a^2)+(y^2/b^2)=1
Where a is one half of one axis, and b is one half of the other.
The problem states that one axis is 1057 ft, and the other is 880 ft, so divide these values by 2 and square them. This results in:
(x^2/279,312.25)+(y^2/193,600)=1
For verification, if you have a graphing calculator, solve for y, set the size of the window so it should perfectly fit the ellipse, and check (it does)