| | | | | | | |  Shakopee City Council AprilĀ 7, 2020
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| | | | | | | | | FROM: | Steve Lillehaug, City Engineer/Public Works Director | | TO: | Mayor and Council Members |
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| | | | | | | | Subject:
Marystown Road/Adams Street Improvement Project CIF-TBD-007 | | |
| | | | | | | | Policy/Action Requested: Approve Resolution R2020-035 and R2020-050 authorizing applications to the 2020 Regional Solicitation for Roadway Modernization Grant and to the 2020 Highway Safety Improvement Program (HSIP) Grant.
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| | | | | | | | Recommendation: Approve Resolution R2020-035 and R2020-050. | | |
| | | | | | | | Discussion:
The Metropolitan Council has released the 2020 Regional Solicitation for Federal Transportation funding for local projects. MnDOT has also released the 2020 Highway Safety Improvement Program (HSIP) Grant solicitation under the same Federal Transportation funding. This round of solicitation is for funding availability in 2024 or 2025.
The Marystown Road/Adams Street Improvement Project is included in the city’s Capital Improvement Plan (see attached CIP summary sheet CIF-TBD-007). This project is expected to be a competitive project for consideration under both grant solicitations (more favorable under the Roadway Modernization category due to the qualifying scoring criteria). Due to growing traffic safety concerns in this corridor, new area development and in preparation for these expected grant opportunities, the city proceeded with a Marystown Road/Adams Street Corridor Study, authorized by City Council on November 6, 2019. SRF Consulting Group, Inc., is currently about 75 percent complete with the study. Preparing applications for the referenced grants is part of the study scope, and SRF is completing these applications, accordingly. | | |
| | | | | | | | Budget Impact:
Overall project funding is being developed which could include these grant funds, abatement bonding, Capital Improvement Fund, county participation and developer participation. The Roadway Modernization grant would fund up to 80 percent construction costs, requiring a local 20 percent match with a maximum award of $7 million. The HSIP federal participation is up to 90 percent with a $2 million maximum. | | |
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