ACTION REQUESTED:
Title
Communication from the City Manager and Director of Community Development with a Request for the Following:
A. APPROVE a CONTRACT with STANTEC CONSULTING, INC., for the Implementation of the Illinois Department of Commerce and Economic Opportunity (DCEO) Rebuild Shovel Ready Grant, in the Amount of $950,000.00, at 3540-3600 SW. ADAMS STREET and S. LYDIA STREET (Parcel Identification Nos. 18-18-203-014, 18-19-203-005, 18-19-203-008, 18-19-203-023, 18-19-203-018), Formerly Known as the TABOR PROPERTY (Council District 1); and
B. ADOPT an ORDINANCE Amending the City of Peoria 2021 REVISED ANNUAL BUDGET, Relating to the Capital Fund, to Recognize the Receipt of Funds from the Illinois Department of Commerce and Economic Opportunity (DCEO) - Rebuild Shovel Ready Grant and Corresponding Expenditures, in the Amount of $950,000.00, and the Use of the Eagle View TIF Fund Balance, in the Amount of $150,000.00, for Non-Eligible Related Expenses.
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BACKGROUND: In March of 2021, the Community Development Department was awarded $950,000 for an Grant for the former Tabor Property, located at 3540-3600 SW. Adams Street and S. Lydia Street (Parcel Identification Nos. 18-18-203-014, 18-19-203-005, 18-19-203-008, 18-19-203-023, 18-19-203-018) from the Illinois Department of Commerce and Economic Opportunity. This grant provides funding to upgrade the existing building, demolish concrete pads and a dilapidated structure on the property, and construct a storm water retention system. The grant requires $150,000 in additional funds which will be allocated from the Eagle View TIF for non-eligible related expenses and potential cost overages.
After the due diligence process, an executed grant agreement was received in August 2021 prompting the Community Development Department to release a Request For Proposals (RFP) for contractors qualified to carry out the grant requirements, including Project Planning, Site Work Management, and Grant Related D...
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