Label
TDOT040825ODOTSECORGRANTADD
Engineering and Construction Management
Timothy Grosjean (x1344)
Title
Authorizing the Mayor to enter into a cooperative grant agreement with and accept financial assistance from the State of Ohio Department of Transportation (ODOT) for a design and construction project; authorizing the deposit, appropriation and expenditure of grant proceeds in the amount of $263,757 into the Capital Improvement Fund; authorizing the Mayor to accept bids and award contracts related to construction; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The Division of Engineering and Construction Management has been working closely with ODOT to secure grant funding for a project on Secor Road from Laskey Road to Alexis Road. Ordinance 680-23 authorized the acceptance of $2,637,565 in grant funds from ODOT for this project. An additional $263,757 has been allocated by ODOT for the Secor Road project as a contingency amount. The total grant amount is not to exceed $2,901,322.
Matching funds for this project will be provided through the Division of Engineering and Construction Management Matches and Planning budget and is scheduled for construction in 2025.
Passage of this ordinance is required to enable the City of Toledo to accept outside funding for this project and have it in place to help pay for these expenditures.
Summary
NOW THEREFORE Be it ordained by the Council of the City of Toledo:
SECTION 1. That the Mayor is authorized to enter into and execute cooperative agreements with and accept financial assistance from the State of Ohio Department of Transportation (ODOT) for the Secor Road: Laskey Road to Alexis Road project upon such terms and conditions as shall be approved by the Director of Transportation and the Director of Law.
SECTION 2. That the Mayor is authorized to accept and deposit additional grant proceeds from ODOT in an amount not to exceed $263,757 into the Capital Improvement Fund Accoun...
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