Title
A RESOLUTION AUTHORIZING THE CITY MANAGER TO ACCEPT FEDERAL FUNDS THROUGH THE MUNICIPAL BRIDGE PROGRAM FOR THE REPLACEMENT OF INGLESIDE DRIVE BRIDGE; AND DECLARING AN EMERGENCY.
Executive Summary: The City applied for and was awarded federal funds through the Municipal Bridge Program for the replacement of the Ingleside Drive Bridge. ODOT is requesting written acceptance of the awarded funds.
Body
Legislative History
None.
Purpose & Explanation
The City applied for and was awarded federal funds through the Municipal Bridge Program for the replacement of the Ingleside Drive Bridge. Typically these funds are awarded at a 20%/80% City/ODOT funding split. Utilizing the Toll Revenue Credit the total awarded funds will be provided at 95% of the eligible costs, up to a maximum of $977,400, in the State’s Fiscal Year 2020. ODOT is requesting written acceptance of the awarded funds.
Cost Estimate
Environmental (4%) $50,000.00
Engineering (16%) $200,000.00
Inspection (10%) $120,000.00
Construction $1,258,000.00
Right-of-Way $26,000.00
Total $1,654,000.00
Bridge Funds (59%) $977,400.00
Local (41%) $676,600.00
Timing Considerations
Staff will notify ODOT of our intent to accept as soon as Council approves this legislation.
Fiscal Impact
Currently Budgeted
Supplemental Appropriation Required
X Appropriation Not Required.
Recommendation
Suggested Action
Staff recommends the Council accepts Federal Funds through the Municipal Bridge Program. We are also requesting an emergency clause due to ODOT’s deadline.
Submitted by,
Jane Howington, City Manager
Thomas J. Sheridan, PE, PS, Assistant City Manager-City Engineer
Christopher J. Papp, PE, Assistant City Engineer