Label
DPU011822OPWCGRANTSANDLOANS
Engineering Services
T. Grosjean (x1344)
Revised
Title
Authorizing the mayor to enter into agreements with and accept financial assistance from the State of Ohio, Ohio Public Works Commission (OPWC) in an amount not to exceed $3,444,320 for five roadway projects; authorizing the appropriation and expenditure of said grant and loan proceeds on the subject projects; authorizing a dedicated source for repayment of said loans; authorizing the mayor to execute all necessary documentation for said grants and loans and to execute the necessary contracts related to construction, professional services, contingencies, capitalized interest, testing, and permit fees; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
This ordinance authorizes the mayor to accept, deposit, appropriate and expend an amount not to exceed $3,444,320 in grant and loan funds from the Ohio Public Works Commission (OPWC). It further authorizes the mayor to enter into agreements for the referenced grants and loans and to conduct the appropriate budget adjustments and transfers of expense associated with said grants and loans. It further dedicates a source of funds for repayment of the loans.
Resolutions #324-20 and #499-21 authorized applying for this assistance and entering into an agreement with OPWC for this purpose. Sections 1 and 3 of this ordinance details each project’s grant and/or loan amount and account code.
Each of these projects requires match money which is either in place or will be in place through other City or outside funding sources.
Passage of this ordinance is required to enable the City of Toledo to accept OPWC funding and to proceed with the construction of these projects.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the mayor is authorized to enter into grant agreements with the Ohio Public Works Commission and to accept and deposit grant proceeds in an amount not to exceed $1,981,588 for the following projects:
|
Project |
|
Account Code |
Amount |
|
Lewis Avenue - Laskey to Alexis |
Grant |
540G-35000-8GA2350STDSTD |
$ 518,856 |
|
Jackman Road - Alexis to Brim |
Grant |
540G-35000-8GA2351STDSTD |
$ 114,920 |
|
Starr Avenue - East Broadway to Belt |
Grant |
540G-35000-8GA2352STDSTD |
$ 127,956 |
|
Upton Avenue - Monroe to Central |
Grant |
540G-35000-8GA2353STDSTD |
$ 827,281 |
|
Summit/Cherry Intersection |
Grant |
540G-35000-8GA2354STDSTD |
$ 392,575 |
|
|
|
TOTAL |
$ 1,981,588 |
SECTION 2. That an amount not to exceed $1,981,588 is appropriated from the unappropriated grant proceeds in the Capital Improvement Grant Fund into various account codes as listed in Section 1, and the expenditure of same is authorized.
SECTION 3. That the mayor is authorized to enter into loan agreements with the Ohio Public Works Commission and to accept and deposit loan proceeds in an amount not to exceed $1,462,732 for the following projects:
|
Project |
|
Account Code |
Amount |
|
Jackman Rd. - Alexis to Brim |
Loan |
540L-35000-8LA2351STDSTD |
$ 114,920 |
|
Starr Avenue - Starr to Belt |
Loan |
540L-35000-8LA2352STDSTD |
$ 127,956 |
|
Upton Avenue - Monroe to Central |
Loan |
540L-35000-8LA2353STDSTD |
$ 827,281 |
|
Summit/Cherry Intersection |
Loan |
540L-35000-8LA2354STDSTD |
$ 392,575 |
|
|
|
TOTAL |
$ 1,462,732 |
SECTION 4. That an amount not to exceed $1,462,732 is appropriated from the unappropriated loan proceeds in the Capital Improvement Loan Fund into various account codes as listed in Section 3, and the expenditure of same is authorized.
SECTION 5. That the dedicated source of repayment for said loans shall be the unappropriated balance of the Capital Improvement Program Fund, provided, however, that any loans for these projects shall be subordinate to all of the city’s revenue bonds within the same fund.
SECTION 6. That the mayor is authorized to prepare plans and specifications, accept bids and enter into contracts necessary to complete said projects including such items as labor, materials, construction testing, professional services, property appraisals, title work, negotiations, acquisition, and environmental contamination studies that are necessary to acquire additional rights-of-way. Said contracts shall contain such terms and conditions as the Director of Public Service may deem requisite and proper and shall be subject to approval by the Director of Law.
SECTION 7. That the Finance Director is authorized to draw warrant or warrants against the account codes identified in Sections 1 and 3 above, in amounts authorized in Sections 1 and 3 above and make necessary expenditures in payment of the obligations incurred pursuant to the contracts authorized in Section 6 above upon presentation of the proper voucher or vouchers.
SECTION 8. That Director of Finance is authorized to make adjustments, transfers and various line item expenditures, as needed to reconcile the final costs of each project authorized in Sections 1 and 3, as well as to comply with said grant and loan agreements.
SECTION 9. That the disappropriation of any remaining budget to fund balance is authorized at project closeout.
SECTION 10. That this Ordinance is declared to be an emergency measure and shall be in force and effect from and after its passage. The reason for the emergency lies in the fact that this Ordinance is necessary for the immediate preservation of the public peace, health, safety and property, and for the further reason that this Ordinance must be immediately effective in order to facilitate the planning and construction of these projects.
Vote on emergency clause: yeas 9, nays 0.
Passed: January 18, 2022, as an emergency measure: yeas 9, nays 0.
Attest:
Gerald E. Dendinger Matt Cherry
Clerk of Council President of Council
Approved: January 24, 2022
Wade Kapszukiewicz
Mayor