Label
TDOT013124OPWCGRANTSANDLOANS
Engineering Services
Tim Grosjean (x1344)
Revised
Title
Authorizing the Mayor to enter into agreements with and accept and deposit financial assistance from the State of Ohio, Ohio Public Works Commission (OPWC) in an amount not to exceed $3,618,057 for six roadway projects; authorizing the appropriation and expenditure of said grant and loan proceeds on the subject projects; authorizing a dedicated source for repayment of said loans; authorizing the Mayor to enter into contracts for construction, professional services, contingencies, capitalized interest, testing, and permit fees; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
This Ordinance authorizes the Mayor to accept, deposit, appropriate, and expend up to $3,618,057 in grant and loan funds from the Ohio Public Works Commission (OPWC). It further authorizes the Mayor to enter into agreements for the referenced grants and loans and to conduct the appropriate budget adjustments associated with said grants and loans. It further dedicates a source of funds for the repayment of the loans.
Resolutions #449-22 and #482-23 authorized applying for this assistance and entering into agreements with OPWC for this purpose. Sections 1 and 3 of this ordinance detail each project’s grant and/or loan amount and account code.
Each of these projects requires match money which is either in place or will be in place through other City or outside funding sources.
Passage of this ordinance is required to enable the City of Toledo to accept OPWC funding and to proceed with the construction of these projects.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the Mayor is authorized to enter into grant agreements with the Ohio Public Works Commission and to accept and deposit grant proceeds in an amount not to exceed $2,444,647 for multiple projects, as follows:
|
Project |
|
Account Code |
Amount |
|
Central/Detroit Roundabout |
Grant |
540G-35000-8GA8636STDSTD |
$ 397,706 |
|
Water Street - Riverside Trail |
Grant |
540G-35000-8GA8637STDSTD |
$ 243,984 |
|
Byrne Road Bike Lanes - Detroit to Heatherdowns |
Grant |
540G-35000-8GA8638STDSTD |
$ 183,994 |
|
Laskey Road - Secor to Douglas |
Grant |
540G-35000-8GA8639STDSTD |
$ 177,866 |
|
Secor Road - Laskey to Alexis |
Grant |
540G-35000-8GA8641STDSTD |
$ 1,441,097 |
|
|
|
TOTAL |
$ 2,444,647 |
SECTION 2. That an amount not to exceed $2,444,647 is appropriated from the unappropriated grant proceeds in the Capital Improvement Fund into various account codes as listed in Section 1 and the expenditure of same is authorized for the projects in Section 1.
SECTION 3. That the Mayor is authorized to enter into loan agreements with the Ohio Public Works Commission and to accept and deposit loan proceeds in an amount not to exceed $1,173,410 for multiple projects, as follows:
|
Project |
|
Account Code |
Amount |
|
Central/Detroit Roundabout |
Loan |
540L-35000-8LA8636STDSTD |
$ 596,560 |
|
Water Street - Riverside Trail |
Loan |
540L-35000-8LA8637STDSTD |
$ 243,984 |
|
Laskey Road - Secor to Douglas |
Loan |
540L-35000-8LA8639STDSTD |
$ 177,866 |
|
Dura Avenue |
Loan |
540L-35000-8LA8642STDSTD |
$ 155,000 |
|
|
|
TOTAL |
$ 1,173,410 |
SECTION 4. That an amount not to exceed $1,173,410 is appropriated from the unappropriated loan proceeds in the Capital Improvement Fund into various account codes as listed in Section 3 and the expenditure of same is authorized for the projects in Section 3.
SECTION 5. That the dedicated source of repayment for said loan(s) shall be the unappropriated balance of the Capital Improvement Fund, provided, however, that any loans for these projects shall be subordinate to all of the city’s revenue bonds within the same fund.
SECTION 6. That the Mayor is authorized to prepare plans and specifications, as well as authorized to accept bids and execute necessary contracts including such items as labor, materials, construction testing, professional services, property appraisals, title work, negotiations, acquisition, and environmental contamination studies that are necessary to acquire additional rights-of-way. Said contracts shall contain such terms and conditions as the mayor may deem requisite and proper and shall be subject to approval by the Director of Law and Director of Transportation.
SECTION 7. That the Finance Director is authorized to draw their warrant or warrants against the account codes identified in Sections 1 and 3, in amounts authorized above in payment of the obligations incurred pursuant to the contracts authorized in Section 6 upon presentation of the proper voucher or vouchers.
SECTION 8. That this Ordinance is declared to be an emergency measure and shall be in force and effect from and after its passage. The reason for the emergency lies in the fact that same is necessary for the immediate preservation of the public peace, health, safety, and property, and for the further reason that this Ordinance must be immediately effective in order to facilitate the planning and construction of these projects.
Vote on emergency clause: yeas _____, nays _____.
Passed: _________________, as an emergency measure: yeas _____, nays _____.
Attest: ________________________ ____________________________
Clerk of Council President of Council
Approved: _____________________ ____________________________
Mayor
I hereby certify that the above is a true and correct copy of an Ordinance passed by Council ________________________.
Attest: ________________________
Clerk of Council