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HomeMy WebLinkAbout04/15/2020 4BAGENDA BILL CITY OF BREMERTON CITY COUNCIL SUBJECT: Resolution No. 3323 acknowledging Commitment to Match Surface Transportation Program Grant Funds for the 61h Street Preservation Phase III Project Study Session Date COUNCIL MEETING Date Department: Presenter: Phone: N/A April 15, 2020 Public Works & Utilities Shane Weber (360) 473-2354 SUMMARY: Staff recommend the City pursue funding from the Surface Transportation Program for preservation of 6th Street between Naval and Warren Avenues in the current Countywide grant competition. The improvements would include design and construction of an overlay, new curb ramps and a new traffic signal at the intersection of 6th Street and Veneta 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 $2,170,000, and staff intend to request $1,877,050 in grant funds, requiring the City commit to providing matching funds of $292,950. 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: Proposed Resolution No. 3323 FISCAL IMPACTS (Include Budgeted Amount): If awarded this grant in the Countywide competition, the City would be required to provide $292,950 in matching funds for the project. This match was included in the 2021-2025 REET projection. ❑ Limited Presentation ❑Full Presentation ❑ Consent Agenda 1Z General Business RECOMMENDED MOTION: � N/A ElPublic �iearing Move to approve Resolution No. 3323 acknowledging the Commitment to Match Surface Transportation Program Grant Funds for the 6th Street Preservation Phase III Project. COUNCIL ACTION: Form Updated 01/02/2018 ❑ Deny ❑Table ❑Continue ❑ No Action