Label
DPS ODOT Monroe Street Corridor Improvements $800,000
Division of Transportation
John Cromly (x2290)/Paul M. Rasmusson (x7868)
Revised
Title
Authorizing the Mayor to enter into cooperative grant agreements with and to accept financial assistance from the State of Ohio Department of Transportation (ODOT) for LUC SR (Lucas County State Route) 51 (Monroe Street) Corridor Improvements; authorizing the Mayor to deposit grant proceeds into the Capital Improvement Fund in an amount not to exceed $640,000; authorizing the appropriation and expenditure of said grant proceeds; authorizing the Mayor to execute all necessary documentation for the grants; authorizing the Mayor to accept bids and award contracts related to LUC SR 51 (Monroe Street) Corridor Improvements; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The Division of Transportation has been working closely with ODOT to secure grant dollars through a Congestion Mitigation and Air Quality (CMAQ) funding opportunity. The grant dollars awarded to the City require a 20% match. $640,000 maximum has been allocated by ODOT through CMAQ funds. Therefore, the City's match on the total $800,000 project is $160,000. The engineer's estimate is $701,000.
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.
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 to accept financial assistance from the State of Ohio Department of Transportation (ODOT) for LUC SR (Lucas County State Route) 51 (Monroe Street) Corridor Improvements upon such terms and conditions shall be approved by the Director of Public Service and the Director of Law.
SECTION 2. That the Mayor is authorized to accept and deposit grant proceeds from ODOT into the Capital Improvements ...
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