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Resolution — FY 2021-22 Measure M2 CTFP Grant Applications <br />November 17, 2020 <br />Page 2 <br />Staff is requesting authorization to apply for the following projects: <br />Recommended Projects <br />Phase <br />Grant <br />FY <br />Type <br />Re <br />Warner Ave. Improvements from <br />ACE <br />Construction <br />$10,501,500 <br />21-22 <br />Oak St. to Grand Ave. <br />Fairview Ave. Improvements from <br />ACE <br />Right -of -Way/ <br />$5,609,250 <br />21-22 <br />9th St. to 16th St. <br />Construction <br />Bristol St./Memory Ln. Intersection <br />ICE <br />Construction <br />$1,052,950 <br />21-22 <br />Improvements <br />First St./ Bolsa Ave. Traffic Signal <br />RTSSP <br />Design/ <br />$1,528,000 <br />21-22 <br />Synchronization <br />Construction <br />Staff carefully considered the grant funding criteria and strategically selected projects that will score <br />well region -wide. Given the need for these street improvements and the project eligibility <br />requirements defined by OCTA, staff recommends that the City Council adopt all resolutions <br />authorizing submittal of these project applications for funding consideration, as well as direct staff <br />to incorporate the projects into the FY 2021-22 Seven -Year CIP. <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action at this time. The City will recognize grant award <br />revenue, inclusive of required City local match, through future Council action during the FY 2021- <br />22 CIP budget programing cycle. However, in the event all of the recommended projects are <br />awarded in the 2021 CTFP Call for Projects, the table below provides a breakdown of the total <br />potential funding for the identified projects: <br />CTFP Grant <br />City Match <br />Non -City <br />Recommended Projects <br />Phase <br />Funds <br />Funds <br />Match <br />FY <br />Funds <br />Warner Ave. <br />Improvements from Oak <br />Construction <br />$10,501,500 <br />$3,500,500 <br />$0 <br />21-22 <br />St. to Grand Ave. <br />Fairview Ave. <br />Right -of -Way/ <br />Improvements from 9th St. <br />Construction <br />$5,609,250 <br />$645,750 <br />$20,808,000 <br />21-22 <br />to 16th St. <br />Bristol St./Memory Ln. <br />Intersection <br />Construction <br />$1,052,950 <br />$351,050 <br />$0 <br />21-22 <br />Improvements <br />First St./ Bolsa Ave. <br />Design/ <br />Traffic Signal <br />Construction <br />$1,528,000 <br />$382,000 <br />$0 <br />21-22 <br />Synchronization <br />55D-2 <br />