Skip to main content

File #: 2024-R-055    Version: 1
Type: Resolution Status: Passed
File created: 1/18/2024 In control: City Council
On agenda: 2/5/2024 Final action: 2/5/2024
Title: A Resolution of the City Council of the City of Laredo, Texas authorizing the City Manager to submit a grant application in the amount of $8,100,000.00 to the U.S. Department of Transportation, under the Rebuilding American Infrastructure with Sustainability & Equity (RAISE) Grant Program for the River Road Planning Project to conduct schematics, alignments, traffic analysis, stakeholder outreach, economic impact analysis, environmental analysis, plans specifications and estimates. Grant has no match at the time of application, but up to 20% for $1,600,000.00 may be required at the time of award. Funding will be allocated for FY 24-25. This notice of funding opportunity is on a reimbursement basis.
Attachments: 1. RESOLUTION 2024-R-055, 2. River Road Site Map

SUBJECT

title

A Resolution of the City Council of the City of Laredo, Texas authorizing the City Manager to submit a grant application in the amount of $8,100,000.00 to the U.S. Department of Transportation, under the Rebuilding American Infrastructure with Sustainability & Equity (RAISE) Grant Program for the River Road Planning Project to conduct schematics, alignments, traffic analysis, stakeholder outreach, economic impact analysis, environmental analysis, plans specifications and estimates. Grant has no match at the time of application, but up to 20% for $1,600,000.00 may be required at the time of award. Funding will be allocated for FY 24-25. This notice of funding opportunity is on a reimbursement basis. 

 

body

PREVIOUS COUNCIL ACTION

None

 

BACKGROUND

N/A

 

COMMITTEE RECOMMENDATION

N/A

 

STAFF RECOMMENDATION

recommendation

N/A

end

Fiscal Impact

 

Fiscal Year:                                                                                                          2024-2025

Budgeted Y/N?:                                                                                    No

Source of Funds:                                                                                     FY 2024-2025

Account #:                                                                                                          None

Change Order: Exceeds 25% Y/N:                      N/A

 

FINANCIAL IMPACT:

No financial impact at the time of submittal of grant.