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HomeMy Public PortalAbout053-2019 - Grant - INDOT - Reconstruction of Peacock RoadAL COMMON COUNCIL OF THE CITY OF RICHMOND, INDIANA ORDINANCE NO. 53-2019 AN ORDINANCE AUTHORIZING THE SUBMITTAL AND ACCEPTANCE OF A GRANT FROM THE INDIANA DEPARTMENT OF TRANSPORTATION WHEREAS, In accordance with Indiana Code (IC) 36-1-4-10, a municipality may execute any documents necessary to receive money from the state or federal government or any other source, and said documents are prepared and executed by the City executive administration, provided that the Common Council of the City of Richmond as the legislative body of the City approves an ordinance for the appropriation of any monies received in accordance with IC 36-4-6-18; and WHEREAS, The Indiana Department of Transportation has federal grant funding available through the Local Public Agency Program; and WHEREAS, The City of Richmond desires to submit a grant application to obtain funds that will be used to fund the reconstruction of Peacock Road (from NW 11' Street to NW 181 Street); and WHEREAS, A twenty percent (20%) local match is required. NOW, THEREFORE, be it ordained by the Common Council of the City of Richmond, Indiana, as follows: 1. The City of Richmond in accordance with IC 36-1-4-10 has submitted or will submit a grant application to the Indiana Department of Transportation for the federal Local Public Agency Program. 2. The City of Richmond is authorized to accept said grant funding in an amount up to Two Million Eight Hundred Twelve Thousand Nine Hundred Dollars and zero cents ($2,812,900-00) of which Two Million Two Hundred Fifty Thousand Three Hundred Twenty Dollars and zero cents ($2,250,320.00) is the federal contribution. Page 1 of 2 z 3. The local match of Five Hundred Sixty Two Thousand Five Hundred Eighty Dollars and zero cents ($562,580.00) will be provided from: (1) the Local Road and Street Funds; (2) the Motor Vehicle Highway Funds; (3) the Local Income Tax (LIT) Funds; and/or (4) Redevelopment Commission Tax Increment Financing (TIF) Funds. 4. Said grant funding shall be used to fund the reconstruction of Peacock Road (from NW 11�' Street to NW 18' Street). Passed and adopted this day of y the Common Council of the City of Richmond, Indiana. President ary Turner) ATTEST (KareiMhasteen, IAMC, MMC) RESENTED to t e Mayor of the City of Richmond, Indiana, this day of 4 &-ZA,?A19, at 9:00 a.m. Ze"- -- — City Clerk (Karen Chasteen, IAMC, MMC) APPROVED by me, David M. Snow, Mayor of the City of Richmond, Indiana, this day of 2019, at-'. �. 3? q p Tom r � Mayor avid now) AT (Karen Chasteen, IAMC, MMC) Page 2 of 2