Label
TDOT102423ODOTBROADWAYGRANT
Engineering and Construction Management
Timothy Grosjean (x1344)
Revised
Title
Authorizing the Mayor to enter into cooperative grant agreements with and accept financial assistance from the State of Ohio Department of Transportation (ODOT) for the Broadway Reconstruction Project; authorizing the deposit into and appropriation and expenditure of grant proceeds from the Capital Improvement Fund in an amount not to exceed $500,000; authorizing the mayor to accept bids and award contracts for said project; 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 safety project on Broadway. A maximum of $500,000 has been allocated by ODOT for this project. This funding will be added to the Broadway reconstruction project grant that was previously awarded and accepted through Ordinance 580-21. Matching funds will be provided through the Division of Engineering and Construction Management Matches and Planning budget for this project which is scheduled for construction in 2024.
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 Broadway Reconstruction PID #111306 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 grant proceeds from ODOT into the Capital Improvement Fund Account Code 540G-35000-8GA2400STDSTD in an amount not to exceed $500,000 for the Broadway Street Reconstruction PI...
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