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HomeMy WebLinkAbout~Master - Redirection of G.O. Bonds from Grand Avenue Extension in 2011/12 CIP RESOLUTION NO. 11-367 RESOLUTION APPROVING REDIRECTION OF G.O. BONDS FROM GRAND AVENUE EXTENSION IN 2011/12 CAPITAL IMPROVEMENTS PLAN FOR THE CITY OF AMES,IOWA WHEREAS,the Grand Avenue Extension Project is included in the approved 2011-2016 Capital Improvements Plan(CIP)with planning and land acquisition from Squaw Creek Drive to South 16th Street scheduled for 2011/12; and, WHEREAS, these planning and land acquisition costs are programmed to have $300,000 from General Obligation Bonds (G.O. Bonds) and $1,200,000 from Congressionally Directed Funds; and, WHEREAS, since the Council approved the CIP, staff has been notified by our Congressional delegation that we should not expect to receive any Congressionally Directed Funds in the near future;and, WHEREAS, as a result of the lack of federal funding, staff does not recommend pursuing this major project at this time, and, as an alternative, the City Council could choose to redirect the $300,000 in G.O. Bonds to fund other work in accordance with priorities recommended by our Pavement Management System; and, WHEREAS, staff as recently reviewed several complaints about the pavement condition on the frontage road south of Southeast 16th Street, adjacent to South Duff Avenue; and, WHEREAS,this existing asphalt road way is a City street that provides access management from U.S. Highway 69 to the area businesses; and, WHEREAS,the Pavement Management data shows this section of road way being in the category of worst condition, and a preliminary cost estimate to reconstruct the road way pavement, including engineering, is $165,000; and, WHEREAS, another road way in need of rehabilitation is Hickory Drive from Lincoln Way to Westbrook Drive, and, WHEREAS, a preliminary cost estimate to rehabilitate the road way pavement for this section, including engineering, is $135,000. NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa,that the redirection of G.O. Bonds in the amount of $300,000 to be used to reconstruct the South Duff Avenue/Southeast 16`h Street frontage road and Hickory Drive,from Lincoln Way to Westbrook Drive,is hereby approved. ADOPTED THIS 26th day of July, 2011. C��&�"R Ly—d& Diane R. Voss, City Clerk Ann H. Campbell, May Introduced by: Goodman Seconded by: Wacha Voting aye: Goodman, Mahayni, Orazem, Wacha Voting nay: None Absent: Davis, Larson Resolution declared adopted and signed by the Mayor this 26`h day of July, 2011.