Title
Accept ATRIP Round III For Fern Ave. Extension
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
Accept ATRIP Round III for Fern Ave. extension for $3,536,030.43 with a match of $1,334,811.64
SOURCE OF FUNDING:
Please provide the amount requested: _$4,870,842.07___________
Is this a budgeted item? Yes /No
Please provide the budgeted amount: $_____________ Account No. ___________________________
If budgeted, is this a capital purchase, capital project, or special fund? _________________________
Was this item included in the Fiscal Year Capital Projects Plan? Yes/No
If yes, please provide the amount included in Capital Projects Plan: $___________
Body
WHEREAS, Resolution # 13-0310 approved Volkert, Inc. to complete and submit a grant application for ATRIP Round III for an extension of Fern Avenue from Highway 59 to the Foley Beach Express, and
WHEREAS, the ATRIP program funds up to 80% of the eligible project construction costs, including construction, engineering and inspection and the remaining 20% of construction costs are the responsibility of the City of Foley, and
WHEREAS, project engineering, plan development, right-of-way acquisitions and environmental documentation and permitting must adhere to ALDOT and FHWA requirements and are the responsibility of the sponsor, and
WHEREAS, plans are to be developed consistent with ALDOT standards and the project will be let to bid by ALDOT, and
WHEREAS, the project sponsor is expected to furnish to ALDOT 20% of the project construction cost prior to award of the contract to the successful low bidder.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Accepts the $3,536,030.43 (80%) ATRIP funding offered by ALDOT under Revenue Account No. 12-5823 R07 GRANT and approves the City's 20% match of $1,334,811.64 for a total estimated project cost of $4,870,842.07 under Project Account 12-665-7328 R07 CONST.
SECTION 2: Approves payment of 20% of the project construction cost to ALDOT prior to award of the contract to the successful low bidder.
SECTION 3: Accepts Volkert's Task Agreement #15 for the Fern Avenue Resurfacing and Extension related to the ATRIP fund.
SECTION 4: This Resolution shall become effective immediately upon its adoption as required by law.