Label
DPU011921HOLLANDSYLVANIAGRANT
Engineering Services
Timothy Grosjean (x1344)
Revised
Title
Authorizing the mayor to enter into a cooperative grant agreement with and accept additional financial assistance from the State of Ohio Department of Transportation (ODOT) for a construction project on Holland-Sylvania Road; authorizing the deposit, appropriation and expenditure of grant proceeds into the Capital Improvement Fund in an amount not to exceed $138,000; authorizing the mayor to execute all necessary documentation for the grants; authorizing the mayor to accept bids and award contracts related to the construction; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The Division of Engineering Services has been working closely with ODOT to secure additional grant funding through the State Safety Program for Holland-Sylvania Road. The amount is for $138,000 grant dollars and is as follows:
A maximum of $138,000 has been allocated by ODOT through their safety program for a resurfacing project; Holland-Sylvania Road from Bancroft St. to the city limits. The funding is to improve safety at the intersection with new signals, striping improvements, and new sign structures. This is in addition to the $400,000 that was awarded previously and accepted in Ordinance 21-20. This award is for 100% of the cost. Any additional funds will be provided through the Division of Engineering Services Matches and Planning budget.
The matching funds will be proposed in the Division of Engineering Services 2021 Matches and Planning budget.
Passage of this ordinance is required to enable the City of Toledo to accept outside funding for these projects and have it in place to help pay for these expenditures.
The fiscal impact of this ordinance is as follows:
- The amount of funds requested: $138,000
- The expenditure budget line item: 540G-35000-8GA7520STDSTD
- New revenue generated (operational revenue, grants, if any): $138,000
- Revenue budget line item (if any): 54...
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