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HomeMy WebLinkAboutResolution 5387 Requesting Distribution of Bridge and Road Safety and Accountability Program Funds RESOLUTION 5387 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA. REQUESTING DISTRIBUTION OF BRIDGE AND ROAD SAFETY AND ACCOUNTABILITY PROGRAM FUNDS WHEREAS, the Bridge and Road Safety and Accountability Account created by HB 473 requires the Montana Department of Transportation to allocate accrued funds to cities, towns, counties, and consolidated city-county governments for construction, reconstruction, maintenance, and repair of rural roads, city or town streets and alleys, bridges, or roads and streets that the city, town, county, or consolidated city-county government has the responsibility to maintain; and, WHEREAS, a city, town, county, or consolidated city-county government that requests funds under the Bridge and Road Safety and Accountability Account must match each $20 requested with $1 of local government matching funds; and, WHEREAS, a city, town, county, or consolidated city-county government requesting distribution of allocated funds may make such a request to the Department of Transportation between March 1 and November 1 of the year the funds were allocated; and, WHEREAS, a description of the projects to be funded are detailed in Appendix A; and, WHEREAS, the local match for the allocated funds has been budgeted from Street Arterial Construction Fund and the Street Impact Fee Fund NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman, Montana, to wit: 1. City of Bozeman requests distribution of its share of the allocated Bridge and Road Safety and Accountability funds to be used for the projects identified in Appendix A. 2. That Rachel Harlow-Schalk, the Interim Finance Director is hereby empowered and authorized to execute such further documents as may be necessary to facilitate the distribution of said funds. DocuSign Envelope ID: 74FD83CC-9BD0-4982-9DC6-B4007F9E8F22 Resolution 5387 Distribution HB473 Request Page 2 of 3 PASSED, ADOPTED, AND APPROVED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 12th day of April 2022. ________________________________ CYNTHIA L. ANDRUS Mayor ATTEST: _________________________________ MIKE MAAS City Clerk APPROVED AS TO FORM: ___________________________________ GREG SULLIVAN City Attorney DocuSign Envelope ID: 74FD83CC-9BD0-4982-9DC6-B4007F9E8F22 Resolution 5387 Distribution HB473 Request Page 3 of 3 Appendix A SIF138 – Cottonwood Road, Oak to Baxter - Construction Construction of Cottonwood Road from Oak to Baxter to a 5-lane principal arterial street. The project will expand the capacity and improve the connectivity of the city street network. It will improve safety for drivers and pedestrians and provide improved access to the Sports Park. It will facilitate development currently occurring in this part of the city. The estimated project cost is $4,800,000 with $975,291.26 covered by BaRSAA funding and $3,824,708.74 funded through Street Impact Fee and Arterial and Collector District assessments. DocuSign Envelope ID: 74FD83CC-9BD0-4982-9DC6-B4007F9E8F22