Agenda - Council - 05/25/2021 - Laserfiche WebLink

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A copy of the solicitation letter for the MnDOT fiscal year 2023 LPP grant program, which includes more detailed information, is attached to this case. As noted in the letter, local agencies will be notified whether they were awarded the requested LPP funds in late August, 2021. Funds for selected projects will become available July 1, 2022. Projects that are awarded funding must be let by June 30, 2023. Since LPP funds are only issued to the City at the time the project is substantially complete, the City must carry all project costs to be paid through LPP funds until the project is considered substantially complete and payment can be processed. Total project costs are estimated at $3,650,000 with the roadway, trail and storm sewer construction costs estimated at $1,693,000. The City is requesting the maximum grant award amount of $710,000. Notification: Notifications are not required for this case. Observations/Alternatives: Observations: Applications for funding under the State fiscal year 2023 Local Partnership Program (LPP) solicitation are due June 2, 2021. Alternatives: Adopt Resolution #21-149 authorizing a State fiscal year 2023 Local Partnership Program (LPP) grant application for the maximum allowable amount of $710,000 to fund a portion of the costs to extend Riverdale Drive from Llama Street to Bowers Drive, designated as Improvement Project #20-05. Funding Source: As noted in the attached LPP grant application package, the estimated construction costs for the proposed improvements is $2.749 million. Bolton and Menk, Inc. prepared and submitted the LPP grant application at a not -to -exceed fee of $1,900, which is included in the indirect project costs and will be shared among the project funding partners. Final cost splits have yet to be approved by the funding partners, which includes the City and will therefore require Council approval. The preliminary cost share framework is included in attached Resolution #20-065. Recommendation: City staff recommends adopting Resolution #21-149 authorizing a State fiscal year 2023 Local Partnership Program (LPP) grant application for the maximum allowable amount of $710,000 to fund a portion of the costs to extend Riverdale Drive from Llama Street to Bowers Drive, designated as Improvement Project #20-05. Action: Adopt Resolution #21-149 authorizing a State fiscal year 2023 Local Partnership Program (LPP) grant application for the maximum allowable amount of $710,000 to fund a portion of the costs to extend Riverdale Drive from Llama Street to Bowers Drive, designated as Improvement Project #20-05. Resolution 21-149 Resolution 20-065 SFY2023 LPP Solicitation SFY2023 LPP Application Attachments Form Review