HomeMy WebLinkAbout~Master - TSIP Agreement for West Lincoln Way Improvements (Lincoln Way and Franklin Avenue) RESOLUTION NO. 15-355
RESOLUTION APPROVING TRAFFIC SAFETY IMPROVEMENT PROGRAM
GRANT FOR WEST LINCOLN WAY INTERSECTION IMPROVEMENTS
(LINCOLN WAY AND FRANKLIN AVENUE)
FOR THE CITY OF AMES,IOWA
WHEREAS, the 2015/16 Capital Improvements Plan, under the West Lincoln Intersection
Improvements Program, includes a project to construct left-turn lanes and installing new traffic
signals at the Franklin Avenue/Lincoln Way intersection; and,
WHEREAS, a traffic impact study for the South Fork Subdivision justified these
improvements; and,
WHEREAS,turn lanes on Lincoln Way will mitigate left-turning,rear-end, and right-angle
traffic accidents, and the improvements will also support traffic coordination along Lincoln Way;
and,
WHEREAS, an existing agreement requires the developer and the City to share equally in
the construction cost(not the engineering services) of these improvements; and,
WHEREAS, the City submitted a Traffic Safety Improvement Program (TSIP) grant
application in 2014 to help cover up to $500,000 of the cost of materials for this project, and after
reviewing the grant application, Iowa Department of Transportation officials have approved the
request and submitted the funding agreement; and,
WHEREAS, this project is budgeted for land acquisition of$125,000 from Road Use Tax
funds; and,
WHEREAS,the engineering, construction, and construction administration budget for this
project is$450,000 in G.O.Bonds, $500,000 from Iowa DOT Traffic Safety Improvement Program
(TSIP) funds, and approximately $250,000 in Developer Funds, which brings the total project
funding to $1,325,000.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the Traffic Safety Improvement Program Grant with the Iowa Department of Transportation for
the West Lincoln Way Intersection Improvements Project (Lincoln Way and Franklin Avenue) in
the amount of$500,000 is hereby approved.
ADOPTED THIS 9t1i day of June, 2015.
Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Nelson
Seconded by: Betcher
Voting aye: Betcher, Corrieri, Gartin,Nelson, Orazem
Voting nay: None Absent: Goodman
Resolution declared adopted and signed by the Mayor this 9t'day of June, 2015.