Label
TDOT011425CIPROADWAYMATCHESANDPLANNING
Engineering and Construction Management
Timothy Grosjean (x1344)
Revised
Title
Authorizing the expenditure of an amount not to exceed $15,000,000 from the Capital Improvement Fund for the Road Matches & Planning Program; authorizing the Mayor to prepare plans and specifications, acquire required rights-of-way as appropriate, and enter into contracts for road projects within the Division of Engineering and Construction Management; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The Division of Engineering and Construction Management is requesting the expenditure of an amount not to exceed $15,000,000 from the Capital Improvement Fund for the Road Matches & Planning program. This money will be used to provide City match dollars to state and federal grants and loans.
The Matches & Planning program provides funding that is needed to supply match dollars for outside grants and loans the division has anticipated and secured, as well as to plan for future larger scale projects. These CIP funds will match federal and state transportation funds already approved through multiple sources.
Authorizing the expenditure of these critical funds now will allow for timely bidding and construction to ensure all projects are completed this year in a balanced, efficient fashion. It also allows for the processing of agreements needed to accept the outside grant and loan dollars before funding agency deadlines.
Summary
NOW THEREFORE Be it ordained by the Council of the City of Toledo:
SECTION 1. That an amount not to exceed $15,000,000 is authorized for expenditure from the Capital Improvement Fund Account Code 5040-35000-8CP2502STREET for the Road Matches and Planning Program.
SECTION 2. That the Mayor is authorized to prepare plans and specifications, as well as authorized to accept bids and enter into contracts necessary to complete the planning, design, and construction of roadwa...
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