Title
Resolution in the Amount of $37,187 Authorizing the North Carolina Department of Transportation (NCDOT) Amended Agreement U-5532 B Phillips Avenue Sidewalk Improvements
Body
Council Priority: Maintain Infrastructure and Provide Sustainable Growth Opportunities
Department: Transportation
Council District: 2
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 is needed to authorize the amended agreement with NCDOT for U-5532 B Phillips Avenue Sidewalks.
BACKGROUND:
The MPO Transportation Advisory Committee, in cooperation with NCDOT, directed federal funds for U-5532 B Phillips Avenue Sidewalks from Summit Avenue to Huffine Mill Road. The executed municipal agreement with NCDOT provides for federal funding to reimburse the City for right-of-way, utilities, and construction expenses. Construction is complete and the project is being closed out. Final costs were $37,817 higher than provided for under the municipal agreement. This supplemental municipal agreement will add sufficient federal funds to maintain an 80% federal funding share of total project costs.
BUDGET IMPACT:
Funding for the supplemental agreement will be as follows:
$29,744 (80%) Federal TAP-DA Funds
$7,443 (20%) Local Matching Funds
$37,187
Funding for the local match will come from 471-4502-15.6401. A budget adjustment is needed to move funds to the correct account.
RECOMMENDATION / ACTION REQUESTED:
The Transportation Department recommends and requests approval of the attached resolution authorizing the supplemental agreement with NCDOT for U-5532 B Phillips Avenue Sidewalks.