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HomeMy Public PortalAbout038-2022 - Grant - INDOT Community Crossings - 7 streets COMMON COUNCIL OF THE CITY OF RICHMOND,INDIANA ORDINANCE NO.38-2022 AN APPROPRIATION ORDINANCE AUTHORIZING THE SUBMITTAL, ACCEPTANCE,AND APPROPRIATION 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 grant funding available through its Community Crossings Program(Grant 2022-2);and WHEREAS, The City of Richmond ("City") desires to submit a grant application to the Indiana Department of Transportation to receive grant funds to assist with certain road improvements, which roads are described on Exhibit "A" that is attached hereto and incorporated into this Ordinance by reference; and WHEREAS, An approximate fifty percent (50%), total local match from the City in the amount of One Hundred Ninety-six Thousand Nine Hundred Thirty-five Dollars and Zero Cents($196,935.00)is required for the grant. 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 to assist with certain road improvements, which roads are described on Exhibit"A" that is attached hereto and incorporated into this Ordinance by reference. 2. The City of Richmond will provide the total amount of One Hundred Ninety-six Thousand Nine Hundred Thirty-five Dollars and Zero Cents ($196,935.00) in order to meet the match required for the grant anticipated to come from the Manville TIF and Local TIF Redevelopment Funds. Page 1 of 2 3. The City of Richmond is authorized to accept said grant funding from the Indiana Department of Transportation in an amount up to One Hundred Ninety- six Thousand Nine Hundred Thirty-five Dollars and Zero Cents($196,935.00). 4. Said funds, if awarded to the City of Richmond, shall be appropriated to assist with certain road improvements to the roads described on Exhibit"A,"attached hereto and incorporated into this Ordinance by reference. Passed and adopted this / day 022,by the Common Council of the City of Richmond,Indiana. President er) ATTES (Karen Chasteen,IAMC,MMC) PRESENTED to the Mayor of the City of Richmond, Indiana,this a.1 day of 2022,at 9:00 a.m. clerk (Karen Chasteen,IAMC,MMC) APPROVED by me, David M. Snow, Mayor of the City of Richmond, Indiana,this®C day of 4 v4 o Sf ,2022,at 9ir. r op p M Mayor M. Sn ATTEST: • (Karen Chasteen,IAMC,MMC) Page 2 of 2 Exhibit "A" Community Crossings Matching Grant 2022-2 TIF Funding Request 7-12-2022 Description Estimate 50%State 50%Local (TIF) 1. Rich Rd.from Flatley Rd.to Salisbury Rd. $98,504.00 $49,252.00 $49,252.00 2. Catalpa Dr.from US 40 to Dead End $53,675.00 $26,837.50 $26,837.50 3. Locust Dr.from Manor Dr.to Manor Dr. $56,201.00 $28,100.50 $28,100.50 4. North"B"St.from US 27 South to N.101,St. $17,672.00 $8,836.00 $8,836.00 Total: $226,052.00 $113,026.00 $113,026.00 TOTAL LOCAL MATCH FROM TIF=$113,026.00 1EXHIBIT Pr PAGE 0F 2 EXHIBIT "A" Community Crossings Matching Grant 2022-2 Manville TIF Funding Request Description Estimate 50%State 50%Local 1. NW 11th Street from West Main to Peacock $52,539.00 $26,269.50 $26,269.50 2. SW 11th Street from West Main to US 40 $45,669.00 $22,834.50 $22,834.50 3. NW 8th Street from West Main to Peacock $69,610.00 $34,805.00 $34,805.00 TOTAL$167,818.00 $83,909.00 $83,909.00 TOTAL LOCAL MATCH FROM MANVILLE TIF=$167,818.00 • ! GE1 OF