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HomeMy WebLinkAbout~Master - Reallocating Funding from Cherry Avenue Extension to Hyland Avenue RESOLUTION NO. 23-264 RESOLUTION REALLOCATING FUNDING FROM CHERRY AVENUE EXTENSION TO HYLAND AVENUE (LINCOLN WAY TO ONTARIO STREET) FOR THE CITY OF AMES,IOWA WHEREAS, the City was awarded a grant in the amount of$1,890,000 through the Iowa DOT Surface Transportation Block Grant Program for the Cherry Avenue Extension. The Cherry Street extension project was initially identified in the Ames Area Metropolitan Planning Organization(AAMPO)Long Range Transportation Plan(LRTP)as a potential solution to relieve traffic congestion at the Lincoln Way and Duff Avenue intersection. The options to address the congestion were to widen the intersection or provide alternative routes. The broad level modeling done with the LRTP showed the most cost-effective solution was to provide an alternative route; and, WHEREAS,regulations governing the development of the LRTP prohibit any engineering follow up to that initial modeling until the local government sponsor(City of Ames)programmed a project. Once the project was programmed, a traffic engineering study was needed to so that the proposed improvements would accommodate existing and future traffic patterns; and, WHEREAS,this study found that the project provides little to no benefit in level of service and vehicle delay for current and 2045 projected traffic operations for the Lincoln Way and Duff Avenue intersection. In fact, the study found that the project will actually have negative impacts on traffic operations of S Yd and S 5th Streets. When future development in the areas east of Wal- Mart and Target are included with the project,the study shows a decrease in level of service and a significant increase in delay for intersections in the area; and, WHEREAS, based on the traffic study findings, staff recommends that the funding originally programmed for the Cherry Street extension project, including AAMPO funding, be reprogrammed to Hyland Avenue (Lincoln Way to Ontario Street). The current grant funding would continue to be secured and utilized by reprogramming the project location with the AAMPO to the Hyland Avenue project. These pavement improvements are needed to restore structural integrity, serviceability, and rideability; and, WHEREAS, the $550,000 in Water Utility Funds that were programmed for the Cherry Avenue project have already been reallocated to the North River Valley Well Field project. The funding will be used to mitigate debt service costs associated with the SRF funding for the project. Of the $810,000 in G.O. bond funding originally issued for the Cherry Avenue project, approximately $75,000 has been spent on engineering costs. The balance of $735,000 remains available to be reallocated to the Hyland Avenue project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that eliminating the Cherry Avenue Extension project from the current CIP and reallocating funds to the Hyland Avenue (Lincoln Way to Ontario Street)project is hereby approved. ADOPTED THIS 9th day of May, 2023. Renee kall, City Clerk John A. Haila, Mayor Introduced by: Corrieri Seconded by: Betcher Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 9th day of May, 2023.