ACTION REQUESTED:
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Communication from the City Manager and Director of Public Works with a Request to APPROVE a RESOLUTION of PROPOSED MATCH FUNDING for Surface Transportation Block Grant Funds (STBG), State Fiscal Years 2025 and 2026, for NORTHMOOR ROAD AND UNIVERSITY STREET INTERSECTION; the Federal Funding Requested will be $3,920,000.00, with a Local Match for Construction No Less than $1,680,000.00. (Council Districts 2, 3, 4, and 5)
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BACKGROUND: The Peoria-Pekin Urbanized Area Transportation Study (PPUATS) is a coalition of surrounding communities that comprise the federally mandated Municipal Planning Organization for the Peoria Metropolitan Area. The PPUATS group will receive Surface Transportation Block Grant (STBG) federal funds for roadway reconstruction in State Fiscal Years 2025 and 2026.
The City has put forth an application for these federal funds for Northmoor Road & University Street intersection reconstruction.
This resolution is required in the grant application package to ensure that the local community will approve the projects to be considered for federal funds and must be submitted to PPUATS by May 18th, but it does not require the local community to allocate the funds unless the projects are selected for approval. The Federal Funding requested will be $3,920,000.00, with a Local Match for construction no less than $1,680,000.00. Engineering and land acquisition costs, which are not STBG eligible, will be an additional $1,415,000.00 of local funds.
Projects will be scored based on safety, traffic volumes, multi-modal capabilities, sustainability, and regional significance.
In addition to these applications, Peoria County will be applying for a section of Sheridan Road between Glen Avenue and Northmoor Road. Per our existing agreement with Peoria County if they are successful in obtaining funds for this work, the City would be responsible for half of the local share for that project. The local share on the County’s application is estimated to be $2,475,000.00. The City would be responsible for $1,237,500.00
FINANCIAL IMPACT: No funds need be allocated now, but if the projects are awarded then funds must be allocated in Fiscal Years 2025 and/or 2026 and be placed into the future Community Investment Program.
NEIGHBORHOOD CONCERNS: Staff will coordinate with the neighborhoods near these projects if these projects are awarded by PPUATS.
IMPACT IF APPROVED: Our applications will be reviewed by the PPUATS subcommittee for consideration. If either project is selected staff would begin making arrangements to incorporate the project into our 5-year plan.
IMPACT IF DENIED: The project may be fully withdrawn from federal funding consideration for STBG funds.
ALTERNATIVES: N/A
EEO CERTIFICATION NUMBER: N/A
WHICH OF THE GOALS IDENTIFIED IN THE COUNCIL’S 2017 - 2032 STRATEGIC PLAN DOES THIS RECOMMENDATION ADVANCE?
1. Financially Sound City
2. Grow Peoria
3. Safe Peoria
WHICH CRITICAL SUCCESS FACTOR(S) FROM THE COMPREHENSIVE PLAN DOES THIS RECOMMENDATION IMPLEMENT?
1. Invest in our infrastructure and transportation.
2. Support sustainability.
3. Keep taxes and fees competitive.
DEPARTMENT: Public Works