Title
Resolution Authorizing Amended Agreement in the Amount of $852,409 with NCDOT for Holden Road and Lindsay Street Sidewalk Project EB-5716
Body
Department: Transportation
Council District: 1
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Adam Fischer: 373-2861
Contact 2 and Phone: Tyler Meyer: 373-2254
PURPOSE:
A resolution is required to amend the municipal agreement with NCDOT for the Holden Road and Lindsay Street Sidewalk Project (EB-5716) to add additional Federal funds.
BACKGROUND:
Project EB-5716 will construct sidewalks on the west side of Holden Road from Spring Garden Street to Meadowview Road and on the west side of Lindsay Street from Bessemer to existing sidewalk north of Murrow Boulevard. The purpose is to improve pedestrian safety, accessibility, and mobility, including for students walking to and from school. NCDOT agreed to reimburse the City for construction costs after the Metropolitan Planning Organization (MPO) submitted the project for consideration under the Strategic Transportation Investments Act prioritization process. The City Council approved execution of the funding agreement on March 15, 2016. The Department has agreed to increase its funding participation at this time based on awarded contract and estimated NCDOT oversight costs.
The original agreement provided for a reimbursement of 100% of construction costs up to $424,000 in federal Safe Routes to School funds based on preliminary cost estimates. Actual total costs for the construction and inspections contracts plus estimated NCDOT administration fees are $1,215,626.35. Based on contracted costs exceeding estimates, NCDOT has agreed to cover 80% of the additional costs above the current $424,000 using federal Transportation Alternatives Program funds.
BUDGET IMPACT:
The budget for this project will increase as follows:
$681,927 Federal Grant (80%)
$170,482 2008 GDOT Bond Funds (20%)
$852,409
The addition of $681,927 in Federal funds will...
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