|Staff recommends that the city apply for TIB grants to complete three projects that are identified in the city's 2014-2019 Six-Year Transportation Improvement Plan (TIP). The grant applications are due on August 23, 2013 and each project would require 20% matching funds. The projects are as follows:
Shaw Road Corridor Improvements: Design and construct Shaw Road between 23rd Avenue SE and 39th Avenue SE to accommodate three lanes including two travel lanes and a two-way left turn lane, bike lanes and sidewalks on both sides of the corridor, pedestrian improvements, and street lighting. The project cost is estimated at $13 million; the 20% required match would be approximately $2.6 million. Of these matching funds, approximately $400,000 would need to be committed in 2014, $1.6 million in 2015, and $600,000 in 2016.
9th Street SW Corridor (31st Avenue SW to 39th Avenue SW) Safety and Capacity Improvements: Design and construct an additional southbound lane and westbound left- and right-turn lanes at the 9th Street SW/31st Avenue SW intersection; install a missing sidewalk link on the northeast corner of the intersection; retrofit all street lights along the 9th Street SW corridor with LED lights; and interconnect and retrofit all the traffic signals along the corridor with Adaptive Signal Control Technology. The project cost is estimated to be $2.1 million and the matching 20% funds would be approximately $400,000. Of these $400,000 matching funds, approximately $100,000 would need to be commited in 2014 and $300,000 in 2015. As the 9th Street SW corridor is located within the LIFT revenue development area, staff recommends that LIFT revenues serve as the source for this project's matching funds.
Wildwood Park Drive Pedestrian Improvements: Design and construct sidewalk, street lighting, and other pedestrian improvements along Wildwood Park Drive between 39th Avenue SE and 26th Avenue SE. The total project cost is estimated to be $1.5 million. Phase 1 of this project extends between 39th Avenue SE and the driveway of Ferrucci Junior High School and will cost approximately $500,000. The matching funds for Phase 1 of this project would be approximately $100,000, of which $20,000 would need to be committed in 2014 and $80,000 in 2015.