FINANCIAL BUSINESS REQUEST (FBR)
Motion/Request:
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MOTION to authorize the Finance Director to revise the tracking of the American Rescue Plan Act (ARPA) Funding in Account #21010103-53301-G0014 (Sewer Line Serwer Phase I- Sewer Capital- Construction Services) by reducing the amount from $1.2 million to $1.1 million.
In addition, authorize the Finance Director to move $90,000 from Account #21010103-53301-G0014 (Sewer Line Serwer Phase I- Sewer Capital- Construction Services) to a new established ARPA Funding Tracking Account titled “Multi-Use Pathway Administration and Engineering” to pay for Administrative Engineering Work (approximately $65,000); and associated work with relocating Fire Hydrants (up-to $25,000).
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Background:
Phase I of the Ledyard Center Sewer Line Extension Project coincides with the Mult-Use Pathway in the area from the Bill Library to the High School.
American Rescue Plan Act (ARPA) funding in the amount of $1.2 was allocated for the Phase I of the Sewer; however, the costs came in lower than initially projected because there was savings with the overlap of work between the two projects (Multi-Use Pathway & Phase I Sewer Project).
Ledyard received a Local Transportation Capital Improvement Program (LoTClP) Grant in the amount of $3,190,724 to construct the Multi-Model Pathway from Ledyard Center to Ledyard High School. However, the LoTCIP Grant does not cover some Administrative Costs, estimated to cost about $65,000.
In addition, these two projects would also require the moving of fire hydrants. As the Water Pollution Control Water Authority’s water service provider Groton Utilities would be providing support at a cost of up-to $25,000 (see Bid Waiver Request LF# 24- )
Therefore, this request was to reduce the reduce the ARPA allocation for Phase I of the Ledyard Sewer Line Project from $1.2 million to $1.1 million; and to establish a new ARPA Funding Tracking Account titled “Multi-Use Pathway Administration and Engineering” to pay for Administrative Engineering Work (approximately $65,000); and associated work with relocating Fire Hydrants (up-to $25,000).
Department Comment/Recommendation:
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Finance Director Comment/Recommendation:
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Mayor Comment/Recommendation:
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