HomeMy WebLinkAboutItem 09 - 29th Year CDBGMEMO TO:
FROM:
MEETING DATE:
SUBJECT:
RECOMMENDATION:
HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
ROGER NELSON, CITY MANAGER #1
JANUARY 21, 2003
CITY COUNCIL PUBLIC HEARING — 29TH YEAR COMMUNITY
DEVELOPMENT BLOCK GRANT PROGRAM (CDBG)
City Council conduct a Public Hearing to receive input relative to the proposed 29th year
Community Development Block Grant (CDBG) Program reconstruction of Worth Street
between Smith Street and Dooley Street, authorize to proceed with the submittal to
Tarrant County and take any necessary action.
FUNDING SOURCE:
The City of Grapevine is proposing to contribute funds in the amount not to exceed
$22,405.00 for this project. By providing these funds, the City's CDBG application is
more likely to receive additional funding from the CDBG program. The remainder of
funding will be provided through the Community Development Block Grant (CDBG)
Program.
Funds are available in the following accounts:
Funding Source
Trans. Infrastructure
29' Yr. CDBG funds*
30th Yr. CDBG funds*
Total
Account
174-43301-090-000
N/A
N/A
Bu et
Engineering (Estimate)
Construction (Estimate)
Contingency
TOTAL
* note: Available CDBG funds are an estimate.
BACKGROUND:
Amount Percent
$ 22,405.00 9.4%
$ 108,315.00 45.3%
108 315.00 45.3%
$239,035.00 100.0%
Amount Percent
$ 18,670.00 7.8%
$186,696.00 78.1%
33 669.00 14.1%
$239,035.00 100.0%
This project provides for the reconstruction of Worth Street between Smith Street and
January 16, 2003 (8:57AM)
Dooley Street. The estimated cost of this project is $239,035.00. The staff is uncertain
y of the total amount of CDBG funds that will be available from this 291h year's program. If
CDBG funds from the 29th year and the City's participation are insufficient, then the
remainder of the cost will be funded from future year's CDBG program applications (30th
year). This area is located in the Original Town of Grapevine, CDBG Target Area #1,
bounded by Wall Street, Dooley Street, College Street and Jenkins Street, designated
as census tract 1137.02.
These improvements will contribute to the upgrade of the area by providing an improved
roadway surface for Worth Street and improved storm drainage.
Staff recommends approval
JLH/jsl/jdr
0:1AG ENDA\01-21-03\29CDB G-public-heari ng.doc
January 16, 2003 (8:57AM)
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