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Commissioner Johnson - Public Works - To Accept and Appropriate Additional Funding in a Congestion Mitigation & Air Quality (CMAQ) Grant for the NC Department of Transportation (NCDOT) for Rankin Lake Greenway Extension ($913,362)
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STAFF CONTACT
Dan Ziehm, PE - Public Works Director - 704-862-6795
BUDGET IMPACT
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Increase revenues and expense by Capital Improvement Fund by $730,690 with Local County Match of $182,672.00 for Rankin Lake Park to Gastonia Tech Parkway Greenway Extension (STIP# C-5606K) approved via Board Action 2017-272, File #17-399.
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BUDGET ORDINANCE IMPACT
Increase revenue and expense in the Capital Improvement Fund by $730,690. Transferring of $182,672 from Public Works Capital Improvement funds as the required match to total $913,362.
BACKGROUND
Board Action 2017-272 was approved on November 14, 2017, accepted the CMAQ grant from NCDOT for Rankin Lake Park to Gastonia Tech Parkway Greenway Extension. The original project estimate was completed in 2016/2017. Due to cost increase over the last five years, and possibly two bridges that need to be designed and constructed, additional funding has been awarded.
The original grant award STIP# C-5606K-Grant approved $757,478 with local match $189,369. Approval of this Board Action will accept the additional funds. An additional $129,090 is estimated for Professional Services as well as an additional $784,272 estimated for construction costs.
The attached Budget Change Request moves funding into specific accounts to meet guidelines for auditing and reporting. The required local match is available in the current budget and does not require the appropriation of additional funds.
POLICY IMPACT
N/A
ATTACHMENTS
Budget Change Request (BCR); NCDOT Grant Award Letter