Title
Resolution Authorizing Municipal Agreement with NC Department of Transportation in the Amount of $1,796,084 for U-5532 E: General Sidewalk Improvements Project
Body
Department: Transportation
Council District: All
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 needs to be approved to authorize execution of a municipal agreement with NCDOT for U-5532 E: General Sidewalk Improvements Project.
BACKGROUND:
Project U-5532 E will construct sidewalks on 1) Big Tree Way from Wendover Avenue to Elk Hound Trail; 2) Bridford Parkway/Hornaday Road from Wendover Avenue to west of Nicholas Road; 3) Hewitt Street from Norwalk Street to Merritt Drive; and 4) Shelby Drive from Big Tree Way to Edith Lane. The construction phase of U-5532E is 80% funded by federal funds allocated by the Transportation Advisory Committee in cooperation with the NCDOT and 20% funded by transportation bond funds provided by the City of Greensboro.
This Agreement defines the cost, and construction responsibilities of the City and the NCDOT, including the terms to which the City must comply in order to receive reimbursements.
BUDGET IMPACT:
Funding for this project will be budgeted in Street and Sidewalk Capital Project Fund account 401-4574-01 as follows:
$1,436,867 Federal Funds (80%)
$359,217 2008 Bond Funds (20%)
$1,796,084
A budget adjustment is required to move funds matching funds to the correct account.
RECOMMENDATION / ACTION REQUESTED:
Transportation staff recommends and requests City Council approve the attached resolution Authorizing a Municipal Agreement with NC Department of Transportation for U-5532 E: General Sidewalk Improvements Project.