Title
Ordinance in the Amount of $735,698 Amending the Budget for C-5555 E: College Road/New Garden Road Sidewalk Project
Body
Council Priority: Maintain Infrastructure and Provide Sustainable Growth Opportunities
Department: Transportation
Council District: 4 and 5
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 budget ordinance needs to be approved by City Council to amend the budget for C-5555 E: College Road/New Garden Road Sidewalk Project.
BACKGROUND:
The College Road /New Garden Road Sidewalk project will construct sidewalks and ADA-compliant curb ramps from Guida Drive to Ballinger Road. Federal funding was directed to the project in 2014 by action of the MPO Transportation Advisory Committee in cooperation with NCDOT. In 2015, the City of Greensboro and the NCDOT entered into a funding agreement. In 2018 additional funds were added to support right-of-way acquisition. At this time additional funds are being added based on updated construction cost estimates.
BUDGET IMPACT:
The amended agreement and associated budget ordinance will increase funding as follows:
$588,559 (80%) Federal Funds
$147,139 (20%) Local Matching Funds
$735,698
Local matching funds for this project will come from 471-4502-15.6401. A budget adjustment will be required to move funds to the appropriate account.
RECOMMENDATION / ACTION REQUESTED:
The Transportation Department recommends and requests approval of the attached budget ordinance amending the budget for C-5555 E: College Road/New Garden Road Sidewalk Project in the amount of $735,698.