Posting Language
Title
Approve an ordinance authorizing negotiation and execution of an agreement with the U.S. Department of Transportation, Neighborhood Access and Equity grant program, in the amount of $105,200,000, with the required City match of $45,000,000 for a total of $150,200,000, for the Our Future 35: Reconnecting Austin to the Downtown Core Construction Grant for the Cesar Chavez to 4th Street Cap, a Texas Department of Transportation roadway project; amending the Fiscal Year 2024-2025 Transportation and Public Works Department Special Revenue Fund (Ordinance No. 20240814-007) to accept and appropriate $105,200,000 in grant funds from the U.S. Department of Transportation's Neighborhood Access and Equity program; and amending the Fiscal Year 2024-2025 Transportation and Public Works Department Capital Budget (Ordinance No. 20240814-007) to transfer in and appropriate $105,200,000 in grant funds for the construction needs associated with the I-35 Cap and Stitch initiative. Funding: Funding in the amount of $105,200,000 is available from the U.S. Department of Transportation. A City funding match of $45,000,000 is required and is available in the Fiscal Year 2024-2025 Transportation and Public Works Department Capital Budget. Related to Items #11, #49, #50, and #51.
De
Lead Department
Transportation and Public Works
Fiscal Note
Funding in the amount of $105,200,000 is available from the U.S. Department of Transportation. A City funding match of $45,000,000 is required and is available in the Fiscal Year 2024-2025 Transportation and Public Works Department Capital Budget. Fiscal notes are attached.
Prior Council Action:
September 21, 2023 - Resolution No. 20230921-097 authorizing the submittal of a grant application to the United States Department of Transportation for the Fiscal Year 2022-2023 Reconnecting Communities and Neighborhoods Notice of Funding Opportunity for construction of improvements associated with the I-35 Cap and Stitch Program w...
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