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24-897

SUBJECT: Administering Agency Amendment Modification Summary (E-76) - State Agreement for Federal Aid Projects and Approval to Accept Congestion Mitigation and Air Quality Improvement (CMAQ) Grant Funds, CML-5085(059) CP220066 CMAQ in the Amount of $993,417 for Traffic Signal Synchronization/Timing Along R Street, M Street, G Street, Yosemite Avenue, and Olive Avenue REPORT IN BRIEF Considers accepting $993,417 in Federal Congestion Mitigation and Air Quality (CMAQ) Grant funding for Traffic Signal Synchronization/Timing along R Street, M Street, G Street, Yosemite Avenue and Olive Avenue. RECOMMENDATION City Council - Adopt a motion: A. Accepting CMAQ grant funds in the amount of $993,417 for construction costs of traffic signal synchronization; and, B. Approving a budget amendment in the amount of $993,417 by increasing revenue in Fund 5005 - Street and Signal CIP and appropriating the same Project No. CP220066 for construction costs associated with the construction of traffic signal synchronization and timing; and, C. Approving the use of pooled cash until reimbursement is received from the grant; and, D. Authorizing the City Manager to execute the necessary documents; and,

Action Items Agenda Ready Introduced September 5, 2024
Committee
City Council/Public Finance and Economic Development Authority/Parking Authority
Introduced
September 5, 2024
On agenda
September 16, 2024
Passed
September 16, 2024

Where it was heard

City Council/Public Finance and Economic Development Authority/Parking Authority Sep 16, 2024 approved Pass