Submitted By: Noel Cooper
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Presentation By: Tammi Haslam
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Department: Engineering
STAFF RECOMMENDATION (Motion Ready):
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Adopt Budget Resolution 2023-135 to accept and appropriate grant funds from Florida Department of Transportation for construction of NW 44th Avenue Extension in the amount of $8,000,000
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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#435547-3-54-01 addresses the construction of NW 44th Avenue Extension (Phase 2) Project from State Road 40 to NW 11th Street.
The scope of the grant project includes construction of NW 44th Avenue Extension (Phase 2), as approved in the FY 2022 Capital Improvement Plan (CIP), from State Road 40 to NW 11th Street (0.8-mile) to provide a four-lane roadway completing the four-lane corridor from SR 40 to US 27.
The total estimated construction cost of the SFGA project is $10,609,111 and Florida Department of Transportation (FDOT) agrees to reimburse the City of Ocala (City) an amount not to exceed $8,000,000 and the City's estimated share is $2,609,111. The City also agrees to bear all expenses in excess of the FDOT's participation. Construction plans and Construction, Engineering and Inspection (CEI) services for this project will be performed by the City's Engineering Department.
FINDINGS AND CONCLUSIONS:
This Resolution is a necessary administrative and contractual requirement allowing the City to enter into a State-Funded Grant Agreement and accept the grant funds. City staff recommends approval of this State-Funded Grant Agreement.
FISCAL IMPACT:
Funding for this project will be carried forward from FY 2022 budget to FY 2023 budget in the following accounts:
091-050-383-541-69-65010 FDOT Grant (construction)
$1,000,000
001-050-383-541-69-65010 FDOT Grant (construction)
$8,000,000
120-020-383-541-69-65010 City Funds (construction)
$809,111
158-020-386-5...
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