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HomeMy WebLinkAbout _ 4.11(g)--Authorize Grant Application - US Department of Transportation CITY OF REDDING REPORT TO THE CITY COUNCIL Recommendation Authorize submission of a grant application to the United States Department of Transportation Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grant program in the amount of $25,000,000 for the South Bonnyview Divergent Diamond Interchange and Corridor Capacity Improvement Project. Fiscal Impact If selected, the United States Department of Transportation may award $25,000,000 in grant funding to the City of Redding (City). Local required matching funds are variable depending on certain community characteristics specified in the notice of funding opportunity. The South Bonnyview Divergent Diamond Interchange and Corridor Capacity Improvement Project (Project) is eligible to use Traffic Impact Fee program funds as a local match; however, the local match funds will be determined at the time of the grant award. City staff will bring any final award and required local match before the City Council (Council) for approval when it is known. Alternative Action The Council may choose not to authorize this grant application, in which case City staff will not apply to the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) grant program. The City would not be considered under this program and miss this opportunity to receive Infrastructure Investment and Jobs Act funding through a competitive grant program. Background/Analysis The Infrastructure Investment and Jobs Act was signed into law by the President of the United States in November 2021 and made additional funding for infrastructure, including roads, harbors, rail networks, and other transportation, available through a number of programs. In its first year, the RAISE grant program had $1,500,000,000 of funding available. Previously, under MEETING DATE: February 21, 2023 ITEM NO. 4.11(g) FROM: ***APPROVED BY*** caukland@ci.redding.ca.us btippin@cityofredding.org SUBJECT: 4.11(g)--Authorize Grant Application to the US Department of Transportation RAISE Grant Program Chuck Aukland, Public Works Director Report to Redding City Council February 14, 2023 Re: 4.11(g)--Authorize Grant Application - US Department of Transportation Page 2 the American Recovery and Reinvestment Act, the RAISE program was known as TIGER grants which have included projects such as dedicated bus lanes, highway and bridge repair, dock replacements, and rail-to-trail projects in a number of states. The RAISE program is the first discretionary funding program tapping into the Infrastructure Investment and Jobs Act to accept applications. The City is requesting authorization to seek grant funding for $25,000,000 to complete the project. In the previous funding cycle, the City Council approved an application which was not selected. The United States Department of Transportation provided feedback on that application to City staff last November which painted an optimistic picture and revealed that the application scored high in many areas and passed several rounds of review, however, it did not make the shortlist for the final round of project selection. The City has already made progress on portions of this project using existing funding, notably the roundabout on the western side of the project location. The remaining improvements include work on the ramps on and off of Interstate 5, the diverging diamond interchange itself, and another roundabout on the eastern side of the project area. These improvements are critical for serving the increased economic activity in the area and new housing inventory that will see more people living near and commuting through the area. This project also benefits from being innovative in the context of the California road network. While other diverging diamond interchanges exist throughout the United States, this project has the potential to be one of the first in the State of California. Environmental Review This action is not a project as defined by the California Environmental Quali ty Act (CEQA), and no further action is required. Council Priority/City Manager Goals • Budget and Financial Management – “Achieve balanced and stable 10-year Financial Plans for all funds.” • Public Safety – “Work to improve all aspects of public safety to help people feel secure and safe where they live, work, and play in the City of Redding.” • Economic Development – “Facilitate and become a catalyst for economic development in Redding to create jobs, retain current businesses and attract new ones, and enco urage investment in the community.” Attachments ^South Bonnyview DDI Exhibit At t a c h m e n t C