TO: Urban Renewal Agency Board
THROUGH: Steve Powers, Executive Director
FROM: Kristin Retherford, Urban Development Director
SUBJECT:
title
Funding for Portland Road streetscape improvements
Ward(s): 5
Board Member(s): Ausec
Neighborhood(s): Northgate Neighborhood Association
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ISSUE:
Shall the Agency Board authorize the use of $819,000 of North Gateway Urban Renewal Area funds to increase funding authority for a streetscape improvement project within the North Gateway Urban Renewal Area?
RECOMMENDATION:
recommendation
Authorize the use of $819,000 of North Gateway Urban Renewal Area funds to increase funding authority for a streetscape improvement project within the North Gateway Urban Renewal Area.
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SUMMARY AND BACKGROUND:
Adoption of the staff recommendation will increase the adopted budget authority for a streetscape improvement project within the North Gateway Urban Renewal Area (NGURA) and allow the Agency to proceed with the project.
As part of the budget process for FY 2016-17 and 2017-18, a total of $4,950,000 was allocated to a streetscape improvement project in the NGURA. The original scope of work included pedestrian safety improvements such as two crossings with refuge islands, sidewalks, curbs, and streetlights along Portland Road between Bill Frey Drive NE and Hyacinth Street NE. The project also included construction of retaining walls along Portland RD NE at Claggett Creek. Since the original scope of work was conceptualized, several changes have been made to the design, including an additional pedestrian crossing, sewer extension work, and traffic signal interconnect.
The new estimate for the project is $5,769,000.
FACTS AND FINDINGS:
Implementation of the project is consistent with the NGURA Plan, Section 600. The North Gateway Advisory Board was made aware of the project additions at the November 2, 2017 meeting.
Sufficient budget authority exists within the FY 2017-18 adopted budget for the NGURA to fund the project. The $819,000 of funds would come from $8,044,260 currently allocated for future, unspecified projects.
Renee K. Frazier
Financial Services Supervisor
Attachments:
1. Map