I. RECOMMENDATION:
It is recommended that the Coalinga City Council approve Resolution No. 3927, supporting and implementing the “Timely Use of Funding” as required by AB 1012, Project Delivery Schedules for the Federal Transportation Act Cycle III Projects in the Surface Transportation Block Grant Program (STBG).
II. BACKGROUND:
Federal and State Transportation funds for STBG are allocated through a competitive grant process from the Fresno COG every two years. The City of Coalinga is seeking funds for one priority project (Polk Street Reconstruction from Elm Ave to Monterey). The grant applications are due by December 6, 2019 and award recommendations are expected to be approved by the COG policy board on February 27, 2020.
Staff will be requesting funds to reconstruct Polk street From Elm Ave to Monterey. The scope of work includes full street reconstruction, ADA sidewalk improvements, and striping. Total project costs are anticipated to reach $650,000.00.
III. DISCUSSION:
Grant funding provides an important revenue stream to help offset costs of transportation needs in the City. STBG grants require the city to provide matching funds in the minimum amount of 11.47% of the total project costs. Matching funds will be provided by the City from the various street fund revenues. Tri-City Engineering and the City's Grant writing team are currently developing the grant applications, project cost estimates and construction schedule in anticipation of the December application deadline.
IV. ALTERNATIVES:
None - this resolution is required as a condition of funding should the City be awarded STBG funding this cycle.
V. FISCAL IMPACT:
There is no initial fiscal impact by adopting this resolution. However, the City will be required to provide matching funds of 11.47% if finding is approved. These funds will be provided by the local street funds. |