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HomeMy WebLinkAbout~Master - Funding Agreement for 2017/18 Arterial Street Pavement Improvements RESOLUTION NO. 17-638 RESOLUTION APPROVING FUNDING AGREEMENT FOR 2017/18 ARTERIAL STREET PAVEMENT IMPROVEMENTS (13'H STREET FROM RIDGEWOOD AVENUE TO HARDING AVENUE) FOR THE CITY OF AMES WHEREAS, this annual program utilizes current repair and reconstruction techniques to improve arterial streets with asphalt or concrete; and, WHEREAS, these pavement improvements are needed to restore structural integrity, serviceability, and rideability; and, WHEREAS, targeted streets are reaching a point of accelerated deterioration; by improving these streets prior to excessive problems, the service life will be extended; and, WHEREAS, the location for this project is 13' Street from Ridgewood Avenue to Harding Avenue, and the project will also include the shared-use path extension along 13th Street from Ridgewood Avenue to Northwestern Avenue; and, WHEREAS, this project is shown in the 2017-2022 Capital Improvements Plan (CIP) with finding in the amount of$620,000 from General Obligation Bonds and $1,060,000 from MPO/STP funds, which brings the total project budget for administration, engineering, and construction to $1,680,000; and, WHEREAS, additionally, funding for the shared-use path extension includes funding in the amount of $50,000 from Local Option Sales Tax is shown in the 2016-2021 CIP as part of the Shared-Use Path System Expansion program; and, WHEREAS, it is anticipated that the project will have a February 2018 letting, which will be through the Iowa Department of Transportation with construction in 2018. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the Iowa Department of Transportation Funding Agreement for up to $1,060,000 for the 2017/18 Arterial Street Pavement Improvements (13th Street from Ridgewood Avenue to Harding Avenue) is hereby approved. ADOPTED THIS 24' day of October, 2017. " VdAiRli� - AW-0 liv. C!4�'A&xl Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Betcher Seconded by: Corrieri Voting aye: Beatty-Hansen, Betcher, Corneri, Gartin,Nelson, Orazem Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 24' day of October, 2017.