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HomeMy WebLinkAbout04/04/2018 6BSUBJECT: Resolution No. 3305 Acknowledging Commitment to Match Surface Transportation Program Grant Funds for Washington Avenue and 11�' Street Improvements Project AGENDA BILL 6B CITY OF BREMERTON CITY COUNCIL Study Session Date: COUNCIL MEETING Date: Department: Presenter: Phone: March 28, 2018 April 4, 2018 Public Works & Utilities Tom Knuckey (360) 473-2376 SUMMARY: Staff recommend the City pursue funding from the Surface Transportation Program for improvements on Washington Avenue and 11"' Street in the current Regional and Countywide grant competition. The improvements would include design and construction of a roundabout at the west end of the Manette Bridge, along with full street reconstruction from the roundabout north and west to Pacific Avenue. The STP program funds projects at a maximum of 86.5% with a minimum match of $13.5%. The estimated cost of this project is $4,800,000, and staff intend to request $4,152,000 in grant funds, requiring the City commit to providing matching funds of $648,000. In addition, the STP Program rules state that expending STP grant funds for any phase of a project, including design, commits the recipient to constructing all phases of the project within 10 -years of receipt of the grant funds. For this grant cycle, KRCC has required applicants to include acknowledgment of these requirements from the governing body of the City with the grant applications. ATTACHMENTS: Resolution No. 3305 FISCAL IMPACTS (Include Budgeted Amount): If awarded this grant in either the Regional or the Countywide competition, the City would be required to provide $648,000 in matching funds for the project. Currently staff recommend using REET funding for the project; however, State grant funds may become available in the future to offset the REET funds. STUDY SESSION AGENDA: ® Limited Presentation ❑ Full Presentation STUDY SESSION ACTION: ❑ Consent Agenda ® General Business ❑ Public Hearing RECOMMENDED MOTION: Move to approve Resolution No. 3305 acknowledging the commitments associated with receipt of Surface Transportation Program Grant funds for the Washington Avenue and 11t' Street Improvements Project. COUNCIL ACTION: [Approve Form Updated 01/02/2018 ❑ Deny ❑ Table ❑ Continue ❑ No Action