HomeMy WebLinkAbout~Master - Funding Agreement for South Grand Avenue Extension RESOLUTION NO. 18-080
RESOLUTION APPROVING FUNDING AGREEMENT WITH IOWA DEPARTMENT
OF TRANSPORTATION FOR GRAND AVENUE EXTENSION
FOR THE CITY OF AMES
WHEREAS, the City of Ames has been awarded a grant in the amount of$396,485 through
a competitive application process administered by the Iowa Department of Transportation (IDOT),
this agreement is through the Iowa Clean Air Attainment Program (ICAAP) to help fund
transportation projects and programs that result in attaining or maintaining the National Ambient Air
Quality Standards (NAAQS); and,
WHEREAS, the specific project for the grant includes the extension of South Grand Avenue
approximately 550 feet from its current terminus just south of Squaw Creek Drive and the
construction of South 5th Street from South Grand Avenue to approximately 600 feet west of South
Duff Avenue; and,
WHEREAS, this project will have a bid letting through the Iowa DOT and a local
contribution mbirnun of 20 percent of eligible project costs, which is being met and exceeded
through the City's G.O. Bond and MPO funding; and,
WHEREAS, the Grand Avenue Extension continues to be included in the Capital
Improvements Plan (CIP) with funding identified since 2013/14 and continuing through 2018/19;
and,
WHEREAS, funding shown in the CIP for 2017/18 and 2018/19 includes $7,700,000 in G.O.
Bonds, $4,300,000 in MPO/STP Funds, and$3,450,000 in Federal/State Grant Funds; and,
WHEREAS, construction is anticipated to commence in 2018.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the Iowa Department of Transportation ICAAP Funding Agreement in the amount of$396,485
for the Grand Avenue Extension is hereby approved.
ADOPTED THIS 27th day of February, 2018.
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Diane R. Voss, City Clerk John . Haila, Mayor
Introduced by: Gartin
Seconded by: Beatty-Hansen
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Martin,Nelson
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 27"day of February, 2018.