Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Streetscape Funding topic
No spam. Unsubscribe anytime.
Town approves streetscape funding commitment for $949,687 federal project
Summary
The Town of Lloyd authorized advancing a federally funded streetscape project (PIN eligible) with an estimated project cost of $949,687.50 and a non-federal share of $131,000; town officials were authorized to execute required DOT agreements.
The Town of Lloyd board voted to authorize the town supervisor to advance a streetscape improvement project that is eligible for federal aid under Title 23 U.S. Code. The resolution commits the town to pay 100% of the local share for construction and inspection for a project with an eligible cost of $949,687.50 and a non-federal match shown as $131,000.
The resolution cites federal/state reimbursement rules (an 80/20 federal/non-federal ratio for eligible costs) and includes standard language authorizing the town supervisor, deputy supervisor and town engineer to execute agreements, certifications and reimbursement paperwork with New York State Department of Transportation. During the meeting the board approved the motion by roll call.
The resolution instructs the town to appropriate available funds to cover the local share and to reconvene the board if project costs exceed the authorized amounts so the board can appropriate additional funds.
Board members discussed procedural steps for advancing design and construction and directed staff to proceed with executing the necessary agreements if the town pursues the federal-aid award and required local match.
