Title
Resolution Authorizing Municipal Agreement with North Carolina Department of Transportation for Holden Road Sidewalk Improvements Project EB-5876
Body
Department: Transportation
Council District: 5
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Adam Fischer 336-373-2861
Contact 2 and Phone: Tyler Meyer 336-373-2254
PURPOSE:
A resolution must be approved to authorize a municipal agreement with NCDOT for project EB-5876 Holden Road Sidewalk.
BACKGROUND:
EB-5876 will construct sidewalks and curb ramps along the western side of Holden Road from an existing sidewalk north of Isler Street to Gate City Boulevard. This project will fill a gap in the City's sidewalk system and improve access to neighboring land uses, transit and other amenities. This project has been designed, right-of-way acquisition is in process and the environmental document is nearing completion.
NCDOT has agreed to fund the project with 80% Federal with a 20% local match from the City after the Metropolitan Planning Organization (MPO) submitted the project for consideration under the Prioritization 4.0 project selection process.
The attached Municipal Agreement with the North Carolina Department of Transportation will establish the terms on which the City will conduct the work, including design details, administration and inspections, billing procedures and funding responsibilities. Eighty percent (80%) of construction and administration costs will be reimbursed with TAP funds passed through the NCDOT, not to exceed $314,400. Under the agreement, work must be completed within 3 years from the date of authorization of Federal funds.
BUDGET IMPACT:
Funding for this project will be as follows:
$314,400 Federal Funds (80%)
$78,600 2008 Bond Funds (20%)
$393,000
Bond funds will be budgeted in 471-4502-15.6401. A budget adjustment is required to move funds to the appropriate account.
RECOMMENDATION / ACTION REQUESTED:
The Transportation Department recommends a...
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