Title
Agreement with the Kansas Department of Transportation for Funding and Construction of a Bicycle/Pedestrian Bridge on Meridian over the Wichita Valley Center Floodway with Federal Funds (CIP Project Number B-462A). District 2.
Body
Recommended Action: Approve the agreement and authorize the Chairman to sign.
Sedgwick County has applied for and received federal funds through the WAMPO to construct the project. KDOT has scheduled the project for letting in October of 2016 and prior to letting, the County is required to enter into a funding agreement. The federal grant will provide 80% funding and the County will provide 20% in matching funds. The federal funds are capped at $1,417,619.00 (80%), the County share is projected to be $354,404.00 and any costs that exceed a total of $1,772,023.00 will be paid 100% by the County.
Alternatives: Decline the federal funds and withdraw from the project.
Financial Considerations: The estimated cost of construction and construction engineering is estimated to be $1,772,023.00. KDOT will provide federal funds at the rate of 80% of actual costs up to a total of $1,417,619.00. The County will provide 20% matching funds up to $354,404 but if the cost of the project exceeds $1,772,023.00 the County will be responsible for 100% of the costs that exceed $1,772,023.00. Sufficient funding exists in this project for the County's portion of the agreement.
Legal Considerations: The Board of County Commissioners is authorized to make all contracts in relation to the property and concerns of the county under K.S.A. 19-101 fourth. Also, pursuant to the County's grant policies and procedures, this grant requires approval from the Board of County Commissioners. Approval is by simple majority vote.
Policy Considerations: