Submitted By
Bill McKenna, Village Engineer/Assistant Public Works Director
Reviewed By
Erin E. Baynes, Assistant to the Village Manager
Agenda Item Title
Title
A Resolution Authorizing Local Funding for the Federally Funded Phase I Preliminary Engineering Design of the Home Avenue Bridge Replacement Project, Section Number 24-00269-00-BR
End
Overview
Overview
On May 7, 2024, the Village Board approved an Engineering Agreement with Stantec Consulting Services, Inc. for the Phase I design of the Home Avenue Bridge. The Village is required to adopt a funding Resolution to pay the local match for the federally funded Phase I design for the Home Avenue Bridge Replacement Project. The federal funds will cover 80% of the costs with the Village local share of 20% at $362,439. The Village will pay for the costs upfront and be reimbursed by the State.
End
Recommendation
Recommendation
Adopt the Resolution.
Background
On May 7th, the Village Board approved a Local Public Agency Engineering Services Agreement with Stantec Consulting Services, Inc., for the Phase I Preliminary Engineering Design of the Home Avenue Bridge in an amount of $1,812,191. The Village was previously awarded federal grants related to caps over I-290 that will be used to fund 80% of the costs for this design work. To utilize these funds, the Village must enter into an agreement with the State and adopt this funding resolution committing to the Village’s local share of the project’s costs.
Fiscal Impact
The previously approved cost for the Phase I design of the bridge is $1,812,191. The FY24 Budget includes $300,000 for this project in the Capital Improvement Fund, Public Works-Engineering, Project Engineering account no. 3095.43780.101.570706. The remaining $1,512,191 will be included in the proposed FY25 Budget. Federal funds will be used to pay for 80% of the costs for this project. The Village will pay for the costs for the work upfront and be reimbursed by the State. The Village’s local share of the Phase I design is $362,439.
DEI Impact
N/A
Alternatives
The Board can delay action to gain additional information.
Previous Board Action
On May 7th, the Village Board approved a Local Public Agency Engineering Services Agreement with Stantec Consulting Services, Inc., for the Phase I Preliminary Engineering Design of the Home Avenue Bridge in an amount of $1,812,191.
Citizen Advisory Commission Action
N/A
Anticipated Future Actions/Commitments
N/A
Intergovernmental Cooperation Opportunities
This project involves the Village working with state and federal highways agencies to help fund the design of a new bridge over I-290. Other local agencies will be part of a stakeholder group to guide the design process.