HomeMy WebLinkAboutA001 - Council Action Form dated February 24, 2026ITEM #:23
DATE:02-24-26
DEPT:PW
SUBJECT:G.W. CARVER AVENUE AND CAMERON SCHOOL ROAD INTERSECTION
IMPROVEMENTS
COUNCIL ACTION FORM
BACKGROUND:
The intersection of G.W. Carver Avenue and Cameron School Road lies on the boundary
between the City of Ames and Story County and is shown on the Roundabout Location Map
for reference. This intersection has been identified as a critical location for future
transportation improvements due to projected traffic growth associated with planned and
approved development in the surrounding area, including The Bluffs at Dankbar Farms and
the proposed Greenbriar development, which have been the subject of incentive packages
previously reviewed by City Council (see P&H Department Staff Reports #1 and #2).
The initial Dankbar development agreement contemplated that developer funded
transportation improvements at the intersection would be in the form of a signalized
intersection, allowing for incremental improvements over time. Further refinement of design
elements have indicated that a roundabout is a preferred improvement due to the increases in
safety regarding speed management and benefits for crossings by multimodal users.
Additionally, roundabouts are more cost effective to maintain over the long term due to no
signalized equipment to maintain.
It should also be noted that the Ames Area Metropolitan Planning Organization (AAMPO)
2050 Metropolitan Transportation Plan (MTP) identifies a roundabout improvement at this
location as Project N-47. Inclusion in the adopted MTP establishes consistency with regional
transportation planning goals and supports future consideration of federal and state funding
opportunities.
Following several City Council discussions regarding developer incentives and long-term
corridor improvements, the Mayor sent a letter dated January 30, 2026 (see Mayor ’s letter) to
the Story County Board of Supervisors requesting County participation in evaluating a
roundabout improvement at the G.W. Carver Avenue and Cameron School Road intersection,
consistent with the preferred treatment identified in the Metropolitan Transportation Plan. The
Board of Supervisors voted to support moving forward with preliminary design of a roundabout.
The attached Memorandum of Understanding (MOU) between the City of Ames and Story
County establishes a framework for shared participation in an initial phase of work focused on
feasibility and funding readiness. The scope of this phase includes:
Preparation of a preliminary engineering design sufficient to identify right-of-way impacts;
Development of a detailed Opinion of Probable Construction Cost (OPC); and
Preparation and submittal of a site-specific application to the Iowa Department of
Transportation’s Traffic Safety Improvement Program (TSIP).
Under the MOU, the City of Ames and Story County would share the actual costs of this
initial phase on a 50/50 basis. The City would lead the selection of an engineering
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consultant in accordance with City of Ames procurement policies and procedures.
Story County engineering staff would participate in the consultant selection process
and remain engaged throughout the project in a collaborative partnership role. Story
County’s total financial participation in this phase would be capped at $50,000.
The City would initially pay the full cost of the preliminary engineering services and would seek
reimbursement from Story County for its 50 percent share, not to exceed $50,000. Funding for
the City’s share is expected to come from unobligated American Rescue Plan Act (ARPA)
funding. No construction funding is included or authorized as part of this action.
The MOU does not obligate either party to proceed with final design or construction.
Any future phases of the project would be subject to separate approvals by the City
Council and the Story County Board of Supervisors.
Story County approved the MOU at its February 10, 2026 meeting (see attached MOU ).
NEXT STEPS:
Upon mutual approval of the MOU, City staff would initiate a solicitation to hire an engineering
consultant. The anticipated schedule would allow completion of the work in time for submittal
of a TSIP grant application in August 2026. Subject to the timing of procurement and
consultant selection, staff would anticipate returning to the City Council in April with a
proposed engineering agreement for consideration.
Following completion of the preliminary engineering and receipt of a refined Opinion of
Probable Construction Cost (OPC), the City and Story County would evaluate potential
options to program a roundabout improvement in a future year of the Capital Improvements
Plan (CIP). The timing of any future construction phase would depend on the availability of
local funding, financial participation by Story County, and the potential receipt of grant funding
or other external funding sources. The goal would be, if awarded a State grant and if both
parties desire to proceed, that the roundabout construction could occur in FY 2027/28.
ALTERNATIVES:
1. The City Council can do the following:
a. Approve the Memorandum of Understanding with Story County to share
preliminary engineering and TSIP grant application costs for evaluation of a
potential roundabout at the G.W. Carver Avenue and Cameron School Road
intersection.
b. Direct Staff to allocate $50,000 from unobligated ARPA funds to support the City’s
share of the preliminary engineering and grant application work.
2. Direct Staff to develop alternative approaches to program a roundabout.
3. Direct Staff to not pursue a roundabout and program a signalized intersection.
CITY MANAGER'S RECOMMENDED ACTION:
By approving this agreement, the City will partner with Story County to advance the
development of a roundabout option that is anticipated to improve safety and operational
performance at a critical suburban intersection and accommodate planned housing growth in
the northwest area of the community.
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While the City and County evaluate the feasibility of a roundabout, the adjacent developers
intend to continue with their development plans. If the roundabout project does not ultimately
proceed, responsibilities for intersection improvements and signalization would still need to be
finalized in conjunction with existing and future developer agreements. Therefore, it is the City
Manager’s recommendation that the City Council approve Alternative 1 as shown above.
ATTACHMENT(S):
Roundabout Location Map
GWC Roundabout Letter from the Mayor
Incentives Staff Report Dec 9th
Roundabout Planning Dept Staff Report Dec. 16th
MOU - Signed by Story County
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G.W. Carver Avenue & Cameron School Road
Roundabout Project (N-47)
1,200 ft
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CITY OF
Smart Choice
To:Story County Board of Supervisors
From:Mayor John A. Haila - City of Ames
Date:January 30, 2026
Subject:
Despite the MTP preference for a roundabout project for this area, its timing and
financial viability are unknown because of timing of adjacent pending
development. City staff estimates corridor improvements with a roundabout to
be upwards of $3 million. In order to move the potential roundabout project
As the Board of Supervisors may recall at the time of annexation of the Dankbar
Farms property, there was a discussion of improvements for GW
Carver/Cameron School Road partially in the City and partially in the County. A
traffic signal was initially proposed for the intersection to address the necessary
traffic infrastructure improvements to allow for incremental improvements as
development occurs.
The City of Ames has been working closely with area developers adjacent to the
George Washington Carver/Cameron School Road intersection to navigate a
path forward for housing and commercial developments in the area. Traffic
improvements to the intersection of George Washington Carver and Cameron
School Road have been identified as needed. The Ames City Council discussed
potential road projects as part of its December 16, 2026 meeting. At this
meeting, City Council determined that we wanted to reach out to the Board of
Supervisors regarding your willingness to partner with the City on a roundabout
project for the intersection of Cameron School Road and GW Carver.
George Washington Carver/Cameron School Road Roundabout
Partnership
As development plans have been refined, the Ames Area Metropolitan Planning
Organization (AAMPO), of which Story County is a member, has recently
finalized the Metropolitan Transportation Plan (MTP) that indicates a
roundabout is the preferred option at this location in the mid-term planning
timeline when compared to a traffic signal. While the MTP does not dictate
project types, timing, or funding, it does attempt to identify projects that can
attain multiple benefits. The benefit of the roundabout includes management of
speed with improved safety and multi-modal access. Additionally, roundabouts
have a lower operating cost because there is not any traffic signal infrastructure
requiring periodic maintenance.
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With each step outlined above, there would be check in on whether to continue
with development of the project. If financial support for a roundabout does not fit
with the Supervisor’s goals and priorities, we would want to know this as soon
as possible to avoid using everyone’s resources trying to implement an
unrealistic project.
Currently the north half of the George Washington Carver/Cameron School
Road intersection is located within Story County, a quarter of the intersection is
likely always planned to be within the County. Because of this, the City of Ames
is requesting the Board of Supervisors partner with the City to determine the
feasibility of the project and to construct the project as early as 2027, with the
following steps:
If the Board of Supervisors believes that a roundabout is preferred solution for
this intersection and is interested in being a funding partner, there is an urgency
to address this option now. City staff believe there is a narrow window of time to
determine feasibility and to leverage funding resources to make this project a
reality in coordination with adjacent development.
forward as an immediate opportunity, preliminary engineering needs to be
completed to refine the project scope and provide a more accurate cost
estimate. If there is no interest in pursuing the project at this time, the
opportunity may be lost due to development phasing and the use of a traffic
signal system that would then be the default option.
• State Safety Grant Application: With a preliminary design and a
refined cost estimate completed by the summer of 2026, the City
and Story County can apply for a State DOT safety grant in the fall
of 2026 for up to $500,000 of funding. City staff would prepare the
application in coordination with County staff.
• Preliminary Design: 50% shared cost with the City of Ames -
request up to $50,000 for Story County's share of the preliminary
design cost. Preliminary design to occur as soon as possible to
refine project costs. The County Engineer has been in contact with
the City’s Public Works staff and has discussed support for a
Memorandum of Understanding (MOU) to partner in these costs.
City staff have begun the process of preparing a MOU for Ames
City Council and Board of Supervisors for review and approval,
planned for February 2026 with Board support to move ahead.
• Roundabout Construction: Shared cost with the City of Ames -
request 25% of the cost of the roundabout related
improvements (estimated at $400,000), if the project receives
a safety grant. Construction would be anticipated in FY
2027/28.
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Sincerely,
John A. Haila
Mayor
We thank you for your consideration of the City’s request and look forward to a
response. Staff is also available to answer any questions.
Cc:
Ames City Council
Steve Schainker, City Manager
Justin Clausen, Public Works Director
Kelly Diekmann, Planning and Housing Director
Renee Hall, City Clerk
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Staff Report
DEVELOPER HOUSING INCENTIVE REQUESTS
December 9, 2025
BACKGROUND:
City Council reviewed a staff report at its May 27 meeting that described the original
developer requests totaling approximately $10 million dollars and policy questions
pertaining to priority types of development, priority for near term development, and
maximum amounts of financial assistance. Council requested staff provide more
information and took no specific action related to the requests.
Staff met with development representatives during the summer to address City Council’s
My 27th comments and questions about the projects. Staff provided an updated report on
September 9th that provided more details about the project and financial estimates for the
incentives.
At the September 9th meeting, staff addressed information pertaining to:
• Developer responses to Council questions,
• categorization of pioneer and oversizing infrastructure,
• cost projections for three years and in total
• projected housing production over the next 3 years, by project,
• cost implications to City funds in the context of the original developer requests,
• a comparison of approaches from Waukee and Ankeny, and
• policy questions to guide the prioritization of incentives and options regarding total
amount of incentives.
City Council reviewed staff’s information and heard from Justin Dodge about the need for
incentives and about the limitations on housing production in Ames, even with incentives.
Ultimately, City Council directed staff to formulate a package of options to help
address the total cost of incentives and the timing of financial impacts to the City.
City Council indicated that any combination of funding sources, including TIF could be
considered.
PROJECT SUMMARIES:
Attached to the report is a project location map and identification of the specific original
requests for each project. The following is a summary of each project and their total
financial request. The descriptions have been updated, as appropriate since the
September meeting.
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Hayden's Preserve
This development is a 170-acre site with Master Plan approval for up to 620 units. The
developer intends to propose increasing the total units of this site to approximately 660
units with a split of approximately 550 single family and 110 multi -family, along with 5.5
acres of commercial. The single family is a combination of townhomes and detached
single family. The developer was focused on a large first phase development concept
that could include 50 detached lots, 176 townhomes, and 110 apartment dwellin gs.
The developer had put the site up for auction in September. The property did not sell at
auction and is under control of same developer. They have indicated an interest to staff
to continue with their incentive request and an updated master plan for the site.
The developer's total ask is estimated at $3.5 million to $4.7 million, depending on
rural water territory buyout calculations. The developer indicates that this level of
financial support is needed to make development of the site competitive with sites
they are developing in other communities.
Auburn Trail
This development is 70 acres on the west side of Hyde with a master plan approval for
181 single family dwellings. The developer intends to increase density to approximately
200 units. Details regarding the first phase of development are unknown at this ti me.
The developer's total direct ask was estimated in September at $486,000, depending on
rural water territory buyout calculations.
Since May, Staff has reviewed a revised layout for the site the developer believes
improves the financial viability of the site. The developer noted in their recent response
to staff that based upon their recent subdivision layout updates, with a reduced
Xenia buyout cost to at least $4,000 per acre, that the assistance represented in
Option 2 of approximately $365,000 would be sufficient to proceed with the project.
Greenbriar
This development is a 150-acre site that was recently annexed into the city. The City
Council has directed staff to address infrastructure improvements related to sewer, roads,
and open space with a development agreement at the time of rezoning. The applicant
has not yet applied for rezoning with a master plan for this site.
Based upon the Ames Plan 2040 designations, the development will include commercial,
multi-family, and single family attached and detached homes. Staff estimates the plan
may include 450+ dwelling units, split between 250 multi-family units and 200 single family
units, plus 5-8 acres of commercial land. The developer has recently submitted a
request for City Council to consider a Comprehensive Plan amendment to modify
the location of commercial development from the middle of the site to the corner
of Cameron and GW Carver.
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Development of the site requires extension of an east/west sewer from Hyde Avenue that
is related to the Hayden's Preserve project timing. The overall timing of Greenbriar and
the sewer extension is unknown.
The developers have indicated that a first phase of single-family homes could be
started next year without the Hyde trunk line extension if a "slip lining" project for
an existing sewer segment in Moore Memorial Park is completed independent of
the Hyde sewer extension. Staff estimates the slip line project would cost $250,000 and
could increase the capacity of this existing line to serve the southwest quadrant of the
site, which may yield capacity for 100+ single family housing units.
The developer's total direct ask is estimated at $4.1 million, plus additional park
development costs that are not yet estimated. Additionally, the developer believes
that even with the requested infrastructure assistance that the project is not
financially feasible without an opportunity to generate a 20% return on investment
of the land development. Therefore, they claim that a TIF rebate may also be
required to develop the project with a reasonable return on investment.
Bluffs at Dankbar Farms Corner Outlot
This site is 20 acres in size and has been recently approved for rezoning of 6 acres of
commercial and 14 acres for a Senior/Assisted Living facility.
The current development agreement for this site requires turn lane improvements on
Cameron School Road and G.W. Carver Avenue at the developer’s cost.
The developer's direct ask is estimated at $1.2 million to complete turn lanes along
Cameron School Road and GW Carver Avenue. Because of the existing
development agreements, the developer is required to make these improvements
with the next Bluffs plat and development of the corner site, which is anticipated
to be within the upcoming year. The developer indicates that the City assistance
would facilitate a quicker rate of development for their corner project and
potentially the Bluffs townhomes to the west. It should be noted that the $1.2
million request is not directly related to the construction of housing of townhomes
to the west of the corner commercial site.
Domani I
The project has an approved Planned Residence District (PRD) plan that is partially built
out. The extension of Cottonwood is triggered with the next phase of development. The
current development agreement requires the extension at the expense of the
developer. The remaining two phases include 11 additional Domani lots and 12 custom
home lots for a total of 23 lots.
The developer's initial ask is estimated at $371,000 for the full cost of the
Cottonwood extension as a 31-foot residential collector street. After discussing
timing and options with the developer, he has indicated that if the City committed
to funding at least 50% of the road improvement that he would consider committing
resources to completing other infrastructure and street improvements for Green
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Hills to final plat all the remaining lots. If there is not an incentive to invest in this
area now, there are other projects that he would prioritize first.
Ansley
Ansley is an approved Planned Unit Development with 170 residential lots. The approved
development is a mix of attached and detached single family dwellings with one site
intended for a commercial building. As part of the original subdivision approval, City
Council agreed to waive the developer’s responsibility to pave ½ of Cedar Lane
with the other half to be paid for by ISU. ISU had inherited the partial paving obligation
from buying land on the west side of Cedar Lane that was subject to development
agreement with the City.
A development agreement memorializing the improvement requirements is on the
agenda as a separate item. The estimated cost to the City for half of the roadway
was $250,000, but it would not occur in the next three years
Incentive Options:
The September 2025 report described a staff generated development phasing with
projected incentives and housing production for the next three years (est. 110 units per
year) and the totals for each project. The September report also utilized the developers
original categories of incentive requests, which differed by project.
For this report, staff created a generalized approach for categorizing the incentive values
to make them more easily comparable. Staff also utilized the same three-year horizon to
create Options. Attached to the report are worksheets of incentive options for each of the
five development projects seeking incentives at this time. The worksheets describe types
of incentives and sources of funding for the incentives. Additionally, summary sheets are
provided by Option to describe the collective funding source s and projected timing of the
cost to the City. Table 1 below summarizes the incentive value by source for each option
and Table 2 describes the incentive value per project for each option.
The Options are focused how the incentives can facilitate first phase construction
of a project within the next three years and the costs to the City over three years .
There have been no updates or other adjustment to costs estimates that were first
described in May 2025. The estimates provided in this report are high level and, in
many cases, projects will likely be more expensive for the City than represented
here, especially in future years.
The Option 1 category for each development project generally represents the pioneer and
oversizing projects described in September. Option 1 primarily utilizes the available ARPA
funding with some additional local funds.
Option 2 expands the incentive range by adding additional pioneer type projects or
expanding the financial assistance related to pioneer infrastructure projects. The financial
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assistance substantially exceeds the ARPA funding and utilizes a variety of other local
funding sources to increase the amount of incentive s.
Option 3 adds additional incentives approaching the estimated “need” described by the
developers, but not necessarily fully funding each request. The incentives do not solely
utilize the pioneer and oversizing categories to guide the incentive type. Funding sources
also include use of commercial and residential TIF in limited situations described in the
summary sheets.
Table 1: Summary of Options by Source
Table 2: Summary of Options by Project
Council should be aware that none of the incentive costs included in this report are
currently part of the City’s 5-year CIP. Staff did not attempt to reprioritize already
planned CIP projects to accommodate any incentive projects. Additionally, these
incentives do not include any other potential requests for City participation in other types
of pioneer infrastructure or oversizing that may be consistent with Plan 2040. Staff have
included a list of other such potential projects as an attachment to this r eport as
background for future consideration.’
RURAL WATER BUYOUT:
There is an underlying assumption referenced for the Auburn Trail and Hayden’s Preserve
project that the City can renegotiate the buyout costs for development sites along Hyde
Sources Option 1 Option 2 Option 3
Road Use 250,000$ 541,000$ 541,000$
GO Bonds 162,750$ 455,500$ 641,000$
ARPA 2,700,000$ 2,700,000$ 2,700,000$
Local Option Fund Balance 620,000$ 620,000$
Sewer Utility 250,000$ 250,000$ 250,000$
Water Utility -$
Connection Fees Water/Sewer Partial Waiver 370,000$
TIF Commercial (Dev. Rebate)600,000$ 1,900,000$
TIF Residential Dev. Rebate 375,000$
TIF Residential LMI Setaside 406,000$
Total 3,362,750$ 5,166,500$ 7,803,000$
Direct City Non-Federal Cost 662,750$ 1,866,500$ 2,052,000$
ARPA Funding 2,700,000$ 2,700,000$ 2,700,000$
Indirect Cost (Fee Waivers/TIF)-$ 600,000$ 3,051,000$
Project Requested (3yr/Total)Option 1 Option 2 Option 3 Est. Houses First 3 Years Total Dwellings
Domani I 371,000$ 92,750$ 185,500$ 371,000$ 25 25
Greenbriar $1,700,000/ 4,100,000 +1,020,000$ 1,840,000$ 2,740,000$ 75 450
Hayden's Preserve $ 2,800,000/$3,600,000 +2,000,000$ 2,185,000$ 2,800,000$ 125 660
Dankbar 1,200,000$ -$ 600,000$ 1,000,000$ 0 0
Auburn Trail 486,000$ 250,000$ 356,000$ 486,000$ 75 180
Ansley Total $250,000 -$ -$ -$ 25 160
Residential TIF LMI Setaside 52%-$ -$ 406,000$ -
Total $6,557,000/$10,007,000 +3,362,750$ 5,166,500$ 7,803,000$ 325 1475
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Avenue. This would benefit developers by having them pay a reduced cost of $4,000 per
acre compared to the current per unit cost of at least $2,800. This results in substantial
savings of $371,000 for Auburn Trail and $1,200,000 for Hayden’s Preserve. The
renegotiated buyout costs would be part of an updated water purchase agreement with
Xenia that would be reviewed with City Council in the first quarter of 2026.
STAFF COMMENTS:
As the Council reviews the 15 different options to incentivize the housing
developments, staff would highlight the following points:
• If all of the five developers are supported with the Option 3, the total subsidy would
be approximately $7,400,000 out of the estimated total $10,000,000 requests.
• It is not required that you select Option 1,2, or 3 uniformly for all projects. Council
can select different options level for each project or modify the options themselves.
• Staff has not verified developer suggested costs for projects, nor has staff been
provided an opportunity to review any formal pro forma related to the financial
feasibility of the projects to justify the incentive requests from the developers.
• The support to finance the five developers focuses only on creation of the
subdivisions. There is no guarantee how quickly housing will be built, how many
dwelling units will be built, and what will be the sales price or rent levels for the
residential units in the subdivisions. The Council will have to decide if you want to
establish certain conditions related to the granting of these incentive packages.
• Council should recall that the local development community indicated that current
available construction resources would limit the number of homes produced to
approximately 80 homes a year. This information would indicate that incentives
alone would not substantially increase housing production and outside
development resources are needed to increase production beyond 80 homes.
• The GW Carver/Cameron School Road Corridor improvements could be
completed as independent developer led projects as shown in the project sheets
or as a combined City corridor project. If Council elects to pursue a City led corridor
project, staff will evaluate a traditional improvement versus a roundabout
improvement and report back to Council in 2026. Staff would evaluate if a
roundabout is feasible and could be completed at the same cost with partner
funding as the original assumptions.
• The incentive options will support overall development of 1475 dwelling units, and
it is hoped that these extraordinary incentives will yield near term increases in
housing production.
• These incentive requests do not address other potential future pioneer and
oversizing projects that may be needed for the other growth areas.
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• There are some consistent pioneer projects that could be prioritized sooner rather
than later while considering other incentives, such as the sewer slip lining and east
west sewer projects.
• Staff realizes this is a complicated report and, therefore, no action must be taken
at this meeting allowing time for the Council to adequately review the material. The
issue should then be placed on a upcoming agenda for direction.
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Staff Report
GW CARVER CAMERON SCHOOL ROAD ROUNDABOUT OPTION IN RELATION
TO HOUSING DEVELOPMENT INCENTIVES
December 16, 2023
The Development Incentive Options Report currently assumes planned road
improvements for GW Carver and Cameron School Road based upon a traditional 3 -lane
roadway section widening and a traffic signal at the Cameron School Road intersection.
Road improvements are related to the Dankbar and Greenbriar projects. The road
widening and traffic signals are treated as independent projects, allowing for more
flexibility in timing and for how much incentive to provide to a project.
Alternatively, staff has identified an option related to Greenbriar and Dankbar that
considers the combined GW Carver and Cameron School Road improvement
needs as one corridor project, rather than independent development related
improvements. The hybrid project would utilize a roundabout in lieu of a traffic
signal at Cameron.
The rationale to combine the projects as a City corridor project relates to the Ames MPO
Transportation Plan that identifies that in the medium-term horizon (after 2035) that a
roundabout improvement is a preferred intersection treatment compared to a sign al. The
benefit of the roundabout in this situation is management of speed with improved safety
and multi-modal access. Additionally, roundabouts have a lower operating cost because
there is not any traffic signal infrastructure to constantly maintain. However, the
developers have indicated a desire to have the intersection improved sooner than 2035 ,
which is why it is part of the Developer Incentive discussion.
Despite the operational benefits, there are potential complications with pursuing
a combined corridor improvement.
There has been no preliminary engineering for a specific design of a roundabout.
The roundabout will cost more than the projected lane widening and signal costs.
MPO funds are already programmed for the next five years and cannot b e
utilized for this project in the near term , it would require local funding.
The timing of the developers’ interests would necessitate prioritizing the project
with multiple steps to be constructed in FY2027-28.
Despite these issues, staff supports this roundabout option if costs can be
mitigated with partner funding. Staff estimates that the combined costs for 1500 feet
of corridor improvements that include a roundabout will approach $3.0 million. The
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roundabout component itself is estimated at $2 million of the $3 million total. The total
cost will exceed the projected $2.1 million requested by developers for lane widening and
a signal at Cameron that was considered within Option 2.
To mitigate the cost differential, staff would propose the following steps to
determine feasibility:
1. Identify local funding as a combination of ARPA ($820,000), Dankbar Commercial
TIF financing (minimum assessment agreement for $600,000), and developer
contribution from Dankbar for the differential up to $600,000. This approach is
described in Option 2 of the overall report.
2. Direct Public Works staff to begin preliminary engineering work for a roundabout
intersection design and corridor improvements for approximately 1,500 feet of
GW Carver at a cost of $50,000 utilizing ARPA funding.
3. Request Story County funding assistance for preliminary design of up to $50,000
and for 25% of the roundabout construction cost (est. $400,000) with the request
provided to the County by February 2026. Story County evaluates budget
requests in February for road projects. The actual road construction funding
would not be needed until FY 2027-28. If there is no interest in partnering, the
project would stop and return to lane widening and a signal.
4. If Story County agrees to participate, an agreement will be completed for City
staff/consultant to do preliminary engineering for a roundabout design and costs
estimate and to apply in the Fall of 2026 for a competitive $500,000 state safety
grant.
5. If awarded the state grant, complete a 28E agreement with Story County,
complete the road design, and bid the project for construction in FY 2027-28.
SUMMARY OF PROJECT FUNDING:
ARPA $820,000
Dankbar Commercial TIF with minimum assessment agreement $600,000
Dankbar Developer Maximum Contribution $600,000
Story County (25% of Round About) $400,000
State Grant $500,000
Previous Developer Contribution for Traffic Signal $80,000
TOTAL $3,000,000
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