Title
Resolution for a Local Agency Program Agreement for Enhancements of the Depot Avenue Transportation Corridor Project (B)
This item involves a Resolution authorizing the City Manager to execute a Local Agency Program (LAP) Agreement between the City of Gainesville and the Florida Department of Transportation for Enhancements of the Depot Avenue Transportation Corridor Project.
Explanation
The City of Gainesville is a Florida Department of Transportation (FDOT) Certified local agency. This allows the City to enter into agreements with FDOT for the City to presently fund and implement projects and receive reimbursement when FDOT funding is scheduled. The City is requesting to enter into an agreement with FDOT for Enhancements of the Depot Avenue Transportation Corridor Project. This Agreement will allow for design costs.
Fiscal Note
The LAP Agreement provides the City of Gainesville with $500,000 for design costs of the Depot Avenue Transportation Corridor Project.
Recommendation
Recommended Motion: The City Commission adopt the Resolution.
Alternative Recommendation A: The City Commission reject the motion to adopt the Resolution, which will result in the City of Gainesville losing $500,000 in funding for the Depot Avenue Transportation Project. This action will require the Public Works Department to utilize their capital improvement budget allocated for other projects for this project, which will greatly impact the progress and funding for other capital projects.