Explanation
1. BACKGROUND
This ordinance authorizes the Director of Public Service to accept additional grant funding from the Ohio Department of Transportation (ODOT) for the Resurfacing - Urban Paving-FRA 23-18.53 (Morse Rd and High St), PID 106080 construction project.
Ordinance 1933-2019 authorized the Director of Public Service to enter into a contract with Strawser Paving Company for the construction of Resurfacing - Urban Paving-FRA 23-18.53 (Morse Rd and High St), PID 106080 and to provide for construction administration and inspection services in an amount up to $1,999,945.45, of which $547,555.00 was in grant funding from ODOT.
An amendment to the grant agreement on September 6, 2022 with ODOT added additional construction dollars available for reimbursement to make the total reimbursable grant amount $648,753.82. The project was completed and reimbursements were submitted to ODOT for the full eligible amount of $648,753.82 and the same amount was paid to the City.
This ordinance allows the Director of Public Service to accept the additional grant funding from ODOT so expenses can be transferred into grant number G591904 Urban Paving Morse Rd and High St 106080 in order to complete final accounting and close the grant out. The total amount of grant funding from ODOT is $648,753.82 of which $101,198.82 needs to be appropriated.
2. FISCAL IMPACT
Funds in the amount of $101,198.82 are available for transfer from Fund 7765, the Federal Transportation Grants Fund in G591904 (Urban Paving Morse Rd and High St 106080) to Fund 7704, the Streets and Highways Bond Fund, P530282-100120 (Resurfacing-Urban Paving FRA-23-18.53 (Morse Rd and High St)). Funds in the amount of $101,198.82 need to be appropriated in the Federal Transportation Grants Fund and Streets and Highways Bond Fund.
Title
To authorize the City Auditor to appropriate funds within the Federal Transportation Grants Fund and Streets and Highways Bond Fund; to authorize the City Auditor to...
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