Title
Amends Resolution 13-0526 Accepting ATRIP Round III For Fern Ave. Extension
Summary
DESCRIPTION OF TOPIC: (who, what, when, where, why, and how much)
Amends Resolution 13-0526 accepting the Fern Ave. ATRIP grant
SOURCE OF FUNDING: N?A
Please provide the amount requested: ____________
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, Resolution #13-0526 accepted the the ATRIP grant but needs to be amended as follows:
WHEREAS, the ATRIP program funds up to 80% of the eligible project construction costs, including construction and inspection and the remaining 20% of construction and inspection costs and 100% of ROW, environmental and testing are the responsibility of the City of Foley.
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 ATRIP funding offered by ALDOT under Revenue Account No. 12-5823 R07 GRANT and approves the City's 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 the City's portion 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.