Title
Resolution Appropriating $1,034,180.27 in Additional Federal and State VDOT Urban Construction Initiative Funds to the Bridge Street Bridge Capital Project and $1,454,731.48 in Additional Federal VDOT Urban Construction Initiative Funds for the Big Bethel Rd/Todds Lane Intersection Project Capital Project
Purpose
PURPOSE/BACKGROUND:
The City is proposing to construct a replacement bridge on Bridge Street as part of Capital Improvement Project No. 07-010, VDOT Project No. 0000-114-199/UPC 93081 and intersection improvements at Todds Lane and Big Bethel Road as part of Capital Improvement Project No. 07-014, VDOT Project No. 0152-114-102/UPC 83454. Bids for construction of both projects have been received and were greater than the amount programmed.
Discussion:
The existing Bridge Street bridge structure has reached the end of its useful life and a replacement facility needs to be installed. The intersection of Todds Lane at Big Bethel Road is currently over capacity and is in need of improvements to fix these issues and provide greater safety. Additional VDOT funds have been identified from the Urban Construction Initiative Program. $1,034,180.27 of this is for Bridge Street Bridge and $1,454,731.48 is for Todds Lane at Big Bethel Road.
The request for additional funds for Bridge Street Bridge has a reimbursable 80% federal share in the amount of $844,228.79. The 18% state portion, or $189,951.48, will require a City contribution to be made initially and will then be reimbursable as well. The local match will be a 2% share or $21,105.72 and is not reimbursable. The local funding for Bridge Street Bridge was included in the FY14 CIP under Transportation Initiatives.
The request for additional funds for Todds Lane at Big Bethel Road has a reimbursable 80% Federal Share of $1,454,731.48 with a 20% non-reimbursable local match of $363,682.87. The local match for Todds Lane at Big Bethel Road was in the FY15 CIP under Forrest Elementa...
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