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Resolution – FY 2023-24 Measure M2 CTFP Grant Applications
<br />December 20, 2022
<br />Page 3
<br />3
<br />0
<br />9
<br />7
<br />RECOMMENDED
<br />PROJECTS PHASE
<br />CTFP GRANT
<br />FUNDS
<br />(AU #03217663)
<br />CITY MATCH
<br />FUNDS*FY
<br />Bristol St. and
<br />Memory Lane
<br />Intersection
<br />Improvements
<br />Construction $1,423,740 $886,161 23-24
<br />*The amounts listed above reflect maximum City funds to be committed if awarded full grant allocations.
<br />Because the City was previously awarded grant funds (reflected in the Original Award
<br />column below), the Public Works Agency is requesting to cancel and reapply for
<br />Construction funding based on current costs for project delivery. Therefore, the City will
<br />only need to budget for the additional match requirements outstanding from previously
<br />authorized award amounts. Updated funding requested is as follows:
<br />RECOMMENDED
<br />PROJECTS
<br />Fund Source Original
<br />Award
<br />Funding
<br />Request
<br />FY 23/24
<br />Difference
<br />CTFP GRANT
<br />(AU #03217663) $3,273,573 $5,444,992 $2,171,419Bristol St.
<br />Improvements from
<br />Civic Center Dr. to
<br />Washington Ave.CITY MATCH $1,091,191 $2,803,008 $1,711,817
<br />CTFP GRANT
<br />(AU #03217663) $7,501,206 $12,227,342 $4,726,136Bristol St.
<br />Improvements from
<br />Warner Ave. to St.
<br />Andrew Pl.CITY MATCH $2,500,402 $6,568,658 $4,068,256
<br />CTFP GRANT
<br />(AU #03217663) $9,076,305 $11,711,674 $2,635,369Warner Ave.
<br />Improvements from
<br />Oak St. to Grand Ave.CITY MATCH $3,025,435 $3,903,891 $878,456
<br />CTFP GRANT
<br />(AU #03217663) $1,012,500 $1,423,740 $411,240Bristol St. and
<br />Memory Lane
<br />Intersection
<br />Improvements CITY MATCH $337,500 $886,161 $548,661
<br />EXHIBIT(S)
<br />1. FY 23-24 CTFP Call for Projects – Project O Resolution
<br />Submitted By: Nabil Saba, P.E., Executive Director – Public Works Agency
<br />Approved By: Kristine Ridge, City Manager
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