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File #: 19-313    Version: 1
Type: Action Item Status: Passed
File created: 6/20/2019 In control: City Council
On agenda: 7/8/2019 Final action: 7/8/2019
Title: Grant Agreement to accept Urban Renewal Agency funds for Division Street improvements Ward(s): Ward 1 Councilor(s): Kaser Neighborhood(s): CANDO Result Area(s): Safe Community; Safe, Reliable and Efficient Infrastructure
Attachments: 1. Grant Agreement for Division Street Improvements
Related files:

TO:                      Mayor and City Council   

THROUGH:                      Steve Powers, City Manager   

FROM:                      Kristin Retherford, Urban Development Director

                                          

SUBJECT:

title

 

Grant Agreement to accept Urban Renewal Agency funds for Division Street improvements

 

Ward(s): Ward 1

Councilor(s):  Kaser

Neighborhood(s): CANDO

Result Area(s): Safe Community; Safe, Reliable and Efficient Infrastructure

end

 

ISSUE:

 

Shall the City Council authorize the City Manager to execute the attached grant agreement to receive $4,243,000 from the Urban Renewal Agency for the construction of Division Street improvements?

 

 

RECOMMENDATION:

recommendation

 

Authorize the City Manager to execute the attached grant agreement to receive $4,243,000 from the Urban Renewal Agency for the construction of Division Street improvements.

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SUMMARY:

 

Approval of the recommendation will allow the City to receive $4,243,000 from the Urban Renewal Agency (Agency) to complete construction of Division Street improvements.

 

 

FACTS AND FINDINGS:

 

The Agency has allocated a total of $4,243,000 for construction of Division Street improvements. The project includes design and construction of street and intersection improvements associated with construction of the new Salem Police Station.

 

The City is in the process of executing a contract for the construction of the improvements to Division Street. In order to transfer Agency funds to the City for construction costs, it is necessary for Council to authorize the attached grant agreement (Attachment 1).

 

 

                     Renee K Frazier 

                     Financial Services Manager

 

Attachments:

1. Grant Agreement for Division Street Improvements