Title
Resolution to Appropriate the Downtown Development Authority’s Contribution to the Liberty Street and Kerrytown Market Street Lighting Replacement Project ($150,038.00) (8 Votes Required)
Memorandum
On July 3, 2017, City Council passed #R-17-253 authorizing a construction contract to Corby Energy Services for the replacement of Street Lighting in Kerrytown Market and Liberty Street areas. To enable the project to be fully funded, the Downtown Development Authority (DDA) agreed to contribute approximately $150,038.00 towards the construction costs. This resolution seeks to appropriate their contribution of approximately $150,038.00 to the existing project budget.
As mentioned in #R-17-253, an agreement between the City of Ann Arbor and the Downtown Development Authority regarding the responsibilities and cost allocation for the project was to be prepared. The agreement has since been executed and indicates the City to be responsible for management and construction of the project; therefore, requires that the DDA contribution be allocated to the existing project budget. This allows for that funding to be available for contract-required payments.
The construction phase of the project is scheduled to begin this spring and is anticipated to be completed by early summer.
Staff
Prepared by: Marti Praschan, Public Services, Chief of Staff
Reviewed by: Craig Hupy, Public Services Area Administrator
Approved by: Howard S. Lazarus, City Administrator
Body
Whereas, The existing streetlights in the Kerrytown and Liberty Street areas are in poor condition and in need of replacement;
Whereas, The Ann Arbor Downtown Development Authority (“DDA”) agreed to contribute approximately $150,038.00 towards the construction costs;
Whereas, The City and the DDA have entered into an agreement indicating the City of Ann Arbor is responsible for the management of the project; and
Whereas, The DDA’s contribution must be available for contract related payments;
RESOLVED, That $150,038.00 be appropriated to the existing Kerrytown/Liberty Streetlight Replacement Project (00CP) and the corresponding revenue and expenditure budgets are increased by the amount of the appropriation; and
RESOLVED, That the City Administrator be authorized to take the necessary administrative actions to implement this resolution.