Label
TDOT011023CIPROADWAYMATCHESANDPLANNING
Engineering Services
Timothy Grosjean (x1344)
Title
Authorizing the appropriation and expenditure of an amount not to exceed $8,700,000 from the Capital Improvement Program Fund for the 2023 Matches & Planning Program; authorizing the mayor to prepare plans and specifications, acquire required rights-of-way as appropriate, and enter into contracts for these projects within the Division of Engineering and Construction Management; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
The Division of Engineering and Construction Management is requesting the appropriation of $8,700,000 from the Capital Improvement Program Fund for the 2023 Matches & Planning program. This money will be used to provide City match dollars to state and federal grants and loans.
The Matches & Planning program provides funding that is needed to supply match funds for outside grants and loans the division has anticipated and secured, as well as to plan for future larger scale projects. These CIP funds will match federal and state transportation funds already approved through multiple sources.
Appropriation of these critical funds now will allow for timely bidding and construction to ensure all projects are completed this year in a balanced, efficient fashion. It also allows for the processing of agreements needed to accept the outside grant and loan dollars before funding agency deadlines.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That an amount not to exceed $8,700,000 is appropriated from the Capital Improvement Program Fund into Account Code 5040-35000-8CB2313STREET and further authorizing the expenditure of same.
SECTION 2. That the Mayor and Director of Transportation are authorized to prepare plans and specifications, as well as authorized to accept bids and enter into contracts necessary to complete the improvements identified above includ...
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