Title
Approval of a Resolution to accept Local Maintenance and Improvement Grant (LMIG) funds with the Georgia Department of Transportation (GDOT) in the amount of $573,350.52 and approval of a Budget Amendment BA 22042200-06-10-13 to establish the grant account.
Presented by Steve Acenbrak, Director of Transportation
Body
Item Summary:
LMIG funding is dependent on the General Assembly's budget for the fiscal year and is allocated by a specific formula based on population and centerline miles of paved roads.
In November 2012, the City submitted an application to GDOT requesting LMIG funds to resurface Hardscrabble Road, Hembree Road, Norcross Road, and Nesbit Ferry Road. GDOT has agreed to pay up to $573,350.52 to resurface these roads. The amount of $573,350.52 represents the City of Roswell's share of the LMIG budget based on the approved formula.
Committee or Staff Recommendation:
On May 29, 2013 the Community Development and Transportation Committee recommended placing this Item on the June 10, 2013 Mayor and Council Agenda.
Financial Impact:
Upon approval of Budget Amendment 22042200-06-10-13, $573,350.52 will be available in the Resurfacing Grant Account in Org 22042200, object 541415, project 91009.
Presented by:
Steven D. Acenbrak, PE, LEED AP, Director of Transportation