Consider a resolution approving an Advanced Funding Agreement related to a grant award from the Texas Department of Transportation under its Carbon Reduction Program for the Sunset Drive Project in the amount of $1.48 million, authorizing the City's contribution of a 20% match and direct state costs not to exceed $493,076.40 plus cost overruns, and further authorizing the City Manager to negotiate

Staff Report & Agenda Item Details

The City of San Angelo is seeking Council's support for a Resolution Authorizing Execution of an Advance Funding Agreement (AFA) with TxDOT for the Sunset Drive Rehabilitation Project through TxDOT's Carbon Reduction Program. The $1.48 million award will assist in the construction of the pedestrian improvements along Sunset Dr. from Foster Road to Houston Harte Expressway including sidewalks and bus turnouts. Approval of this resolution commits the City to the 20% local match, to pay for any cost overruns, reaffirms the City's support of the project, and authorizes the City to negotiate and execute the AFA defining the terms of the agreement between the City and TxDOT. This resolution is a requirement to proceed with executing the grant award's funding agreement with TxDOT.

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 4.6/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).