Label
DPS 2018 SBH Matches and Planning $500,000
Streets, Bridges & Harbor
Jeremy Mikolajczyk (x1537)/Paul Rasmusson (x7868)
Revised
Title
Authorizing the expenditure of $500,000 from the Capital Improvement Fund for the Streets, Bridges & Harbor Matches and Planning Program; authorizing the Mayor to enter into agreements and contracts for improvement projects within the Division of Streets, Bridges & Harbor; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
Every year, the Division of Streets, Bridges & Harbor includes in its annual CIP fund request a line item for Matches and Planning. This line item represents the amount of funding that is needed in order to supply match amounts for outside grants and loans the division has anticipated and secured, as well as to plan for future large scale projects with design, testing, and environmental work. Some of these projects include, but are not limited to, Maumee over Norfolk Southern Railroad and Marengo over Ravine. It is imperative that the Division of Streets, Bridges & Harbor's Matches and Planning Program be authorized immediately, as there are strict deadlines for planning, design, environmental, bid, and construction associated with each grant fund source.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the sum of $500,000 is authorized for expenditure from the Capital Improvement Fund Account Code 5040-23100-8CP1806MATCHP, for Streets, Bridges & Harbor, Bridges Matching and Planning capital improvement projects.
SECTION 2. That the Mayor and is authorized to accept bids and award contracts for improvement projects authorized in Section 1.
SECTION 3. That the Finance Director is authorized to draw warrant or warrants against the account code identified in Section 1 in amounts not to exceed $500,000 in payment of the obligations authorized above upon presentation of the proper voucher or vouchers.
SECTION 4. That this Ordinance is dec...
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