Submitted By: Noel Cooper
presenter
Presentation By: Sean Lanier
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Department: Engineering
FORMAL TITLE:
title
Budget Resolution 2026-146 to amend the Fiscal Year 2025-26 budget to accept and appropriate grant funds from the Florida Department of Transportation in the amount of $579,922
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OCALA’S RELEVANT STRATEGIC GOALS:
Fiscally Sustainable, Quality of Place
PROOF OF PUBLICATION:
N/A
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BACKGROUND:
The proposed State-Funded Grant Agreement (SFGA) FPN 456984-1-54-01 addresses the construction of safety and operational improvements at the intersection of State Road (SR) 464 and SE 25th Avenue, as approved in the Fiscal Year 2025- 26 Capital Improvement Plan.
The scope of the grant project includes minor widening and reconstruction of the south leg of the intersection to allow the northbound intersection approach of SE 25th Avenue at SR 464 to have a left-turn lane, shared left-turn lane/through lane, and a dedicated right-turn lane. In addition, an exclusive westbound right-turn lane and marked bike lane will be added on SR 464, along with signal retiming for the intersection.
The total estimated construction cost of the SFGA project is $773,230, and the Florida Department of Transportation (FDOT) agrees to reimburse the City an amount not to exceed $579,922. The City’s match is $193,308, which is included in the current year budget. The City also agrees to bear all expenses in excess of the FDOT's participation.
FINDINGS AND CONCLUSIONS:
A budget resolution is needed to appropriate the grant funds associated with the project.
FISCAL IMPACT:
Funding for this project will be appropriated in the following accounts:
|
091-050-260-541-69-65010 FDOT Grant (construction) |
$579,922 |
|
091-020-260-541-69-65010 City Funds (construction) |
$193,308 |
|
TOTAL |
$773,230 |
PROCUREMENT REVIEW:
N/A
LEGAL REVIEW:
N/A
ALTERNATIVE:
• Approve with Changes
• Table
• Deny
•
BUDGET RESOLUTION 2026-146
A RESOLUTION TO AMEND THE FISCAL YEAR 2025-26 BUDGET TO ACCEPT AND APPROPRIATE FUNDS FROM THE FLORIDA DEPARTMENT OF TRANSPORTATION FOR THE CONSTRUCTION OF THE STATE ROAD 464 AND SE 25TH AVENUE INTERSECTION IMPROVEMENT PROJECT IN THE AMOUNT OF $579,922
WHEREAS, the State of Florida Department of Transportation and the City of Ocala desire to facilitate the State Road 464 and SE 25th Avenue Intersection Improvement project; and
WHEREAS, the State of Florida Department of Transportation has requested the City of Ocala to execute and deliver to the State of Florida Department of Transportation the State Funded Grant Agreement for the aforementioned project FPN 456984-1-54-01; and
WHEREAS, the State of Florida Department of Transportation will contribute $579,922 to the project, and the City will match $193,308, which is available in the current year budget.
NOW THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF OCALA, FLORIDA, duly assembled in regular session, that the Fiscal Year 2025-26 budget be amended to accept and appropriate grant funding from the State of Florida Department of Transportation as outlined below:
SOURCE:
091-334-000-000-09-33487 FDOT $579,922
USE:
091-050-260-541-69-65010 Construction in Progress $579,922
This resolution adopted this ______ day of ______________________, 2026.
ATTEST: CITY OF OCALA
By: By:
Angel B. Jacobs Ire J. Bethea Sr.
City Clerk President, Ocala City Council
Approved as to form and legality:
By: _________________________________
William E. Sexton
City Attorney
Reviewed for accounting accuracy & completeness:
By: _________________________________
Peter A. Lee
City Manager