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202500196

ORDINANCE submitted by Sheryl M. M. Long, City Manager, on 2/5/2025, ESTABLISHING new capital improvement program project account no. 980x233x252366, “Central Parkway Bikeway Phase 3 Transit Grant,” to provide resources for the Central Parkway Bikeway Phase 3 project; ESTABLISHING new capital improvement program project account no. 980x233x252368, “Ridge Avenue Transit Grant,” to provide resources to rehabilitate Ridge Avenue; ESTABLISHING new capital improvement program project account no. 980x233x252369, “Victory Parkway Transit Grant PID 117208,” to provide resources for improvements to Victory Parkway; AUTHORIZING the City Manager to accept a grant of up to $10,000,000 from the Southwest Ohio Regional Transit (“SORTA”) Metro Transit Infrastructure Fund (“MTIF”); AUTHORIZING the City Manager to appropriate SORTA MTIF grant resources as follows: (1) up to $2,500,000 to newly established capital improvement program project account no. 980x233x252366, “Central Parkway Bikeway Phase 3 Transit Grant”; (2) up to $1,500,000 to newly established capital improvement program project account no. 980x233x252368, “Ridge Avenue Transit Grant”; and (3) up to $6,000,000 to newly established capital improvement program project account no. 980x233x252369, “Victory Parkway Transit Grant PID 117208”; AUTHORIZING the Director of Finance to deposit SORTA MTIF grant resources as follows: (1) up to $2,500,000 to newly established capital improvement program project account no. 980x233x252366, “Central Parkway Bikeway Phase 3 Transit Grant”; (2) up to $1,500,000 to newly established capital improvement program project account no. 980x233x252368, “Ridge Avenue Transit Grant”; and (3) up to $6,000,000 to newly established capital improvement program project account no. 980x233x252369, “Victory Parkway Transit Grant PID 117208”; and AUTHORIZING the City Manager to enter into any agreements necessary for the receipt and administration of these grant resources.

Ordinance Passed Introduced January 31, 2025

What this record is

Amount
$10.0M
Runs until
no end date published in this record
Type
contract

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Cincinnati City Council
Requested by
Budget and Finance Committee
Introduced
January 31, 2025
On agenda
February 20, 2025
Passed
February 20, 2025
Enacted
February 20, 2025
Enactment no.
0029-2025

Where it was heard

Cincinnati City Council Feb 20, 2025 Passed Pass Cincinnati City Council Feb 20, 2025 Suspension of the three readings Pass Budget, Finance & Governance Committee Feb 18, 2025 Recommend Passage Cincinnati City Council Feb 5, 2025 Referred to Budget & Finance Committee