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4.5. SR 07-01-2019 EOty1� ,.,�� Request for Action River To Item Number Mayor and City Council 4.5 Agenda Section Meeting Date Prepared by ConsentJuly 1, 2019 jenna Fabish, P.E.,Assistant City Engineer Item Description Reviewed by Accept Funding for Twin Lakes Road and Yale Justin Femrite, P.E.,Public Works Director Street Extension Project Reviewed by Calvin Portner, City Administrator Action Requested Accept,by motion,federal funding for the construction of the extensions of Twin Lakes Road and Yale Street to proposed Trunk Highway (TH) 10/169 intersection. Background/Discussion As discussed at the December 3, 2018,work session and approved at the December 17, 2018, Council meeting, the Council authorized staff to apply for a federal grant for a portion of the Twin Lakes Road and Yale Street Extension construction project. Consistent with the approvals, the city has received$2 million in federal funding for the construction of the roadways. As part of the federal funding process, the city must furnish an estimated$3,240,000 for the local share of the cost. The city is eligible for up to $1 million from local partnership funds. State aid dollars and utility fees are anticipated to supplement the local share. Financial Impact There is no financial impact associated with this action but commit to provide the local match for the construction of the project. Attachments ■ Resolution The Elk River Vision A PehoMing community 2a itb revolutionary and spirited resourcefulness, exceptional POWERED By service, and community engagement that encourages and inspires prosperity INAMIRE1 City of Elk City of Elk River Wver City Council Resolution 19- A Resolution of the City Council of the City of Elk River Accepting Federal Funding for Twin Lakes Road and Yale Street Extension Project WHEREAS, the Minnesota Department of Transportation established eight Area Transportation Partnerships throughout the state to assist in the annual development of its State Transportation Improvement Program (STIP), and WHEREAS, the STIP represents a multi-year list of transportation projects eligible for federal transportation funding provided for under the Fixing America's Surface Transportation (FAST) Act, signed into law on December 4, 2015; and WHEREAS, the Central Minnesota Area Transportation Partnership (ATP) recommends projects seeking federal Surface Transportation Program Block Grant (STPBG) funding provided for under the FAST Act and eligible for inclusion in the STIP in the Counties of Benton, Cass, Crow Wing,Isanti,Kanabec,Mille Lacs,Morrison, Sherburne, Stearns,Todd, Wadena, and Wright; and WHEREAS, Region 7W, representing the Counties of Benton, Sherburne, Stearns and Wright, supports the ATP in the solicitation, evaluation, and recommendation of projects in Region 7W to include in the ATP's Draft Area Transportation Improvement Program (ATIP),which is a subset of the Minnesota STIP; and WHEREAS, the ATP grants regions the authority to determine the amount of STPBG funds to recommend for each project that is being considered for inclusion in the ATIP in order to maximize limited federal funds,leverage local resources, and help address each region's overall transportation needs; and WHEREAS, Region 7W recommended the ATP program $2,000,000 in STPBG funds in year 2023 of the 2020-2023 ATIP for Twin Lakes Road and Yale Street extensions to proposed US Highway 10/169 intersection submitted by City of Elk River; and WHEREAS, each local agency must acknowledge the amount of federal funds recommended by the Region 7W and commit the necessary local funding to match the STPBG funds requested, as well as any additional funding that may be necessary to complete the project as proposed in its application; and WHEREAS, the City of Elk River acknowledges the $2,000,000 in STPBG funds being recommended by the ATP for the Twin Lakes Road and Yale Street extensions to proposed US Highway 10/169 intersection and understands that a minimum local financial match NATUREJ $3,240,000 will be necessary based on the present cost estimate to fully implement the project. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River,Minnesota, as follows: The City of Elk River agrees to commit the necessary local revenues to match the STPBG funds approved by the ATP in its ATIP and included in the STIP and to cover any additional costs that may be necessary to complete the project as submitted. Passed and adopted this 1" day of July, 2019. John J. Dietz,Mayor ATTEST: Tina Allard, City NATUREJ