ROSWELL NEW MEXICO
AGENDA ITEM ABSTRACT
AGENDA ITEM ABSTRACT
Item No. 10.
Regular City Council Meeting
- Meeting Date:
- 12/12/2024
COMMITTEE:
Finance
CONTACT:
Louis Najar
CHAIR:
Robert B. Corn
ACTION REQUESTED:
Resolution 24-54: adoption of Resolution 24-54 for support of the application to the New Mexico Matching Fund to provide matching funds for possible Safe Streets and Roads for All funding application. (Corn/MacCornack)
BACKGROUND:
Initiated by: James MacCornack
City of Roswell has an FHWA accepted Safe Streets and Roads for all Comprehensive Safety Action Plan. Plan has identified systematic safety treatments that are recommended to be applied at various locations through the City. These treatments are individually low-cost and include improved roadway striping and pavement markings, and visibility enhancements at signalized intersections. FHWA funding is 80/20 with 20% of the project cost required to come from non-federal sources. It is proposed to pursue New Mexico Matching Fund funding to fund the 20% required match to support application to FHWA for funding in Spring 2025.
City of Roswell has an FHWA accepted Safe Streets and Roads for all Comprehensive Safety Action Plan. Plan has identified systematic safety treatments that are recommended to be applied at various locations through the City. These treatments are individually low-cost and include improved roadway striping and pavement markings, and visibility enhancements at signalized intersections. FHWA funding is 80/20 with 20% of the project cost required to come from non-federal sources. It is proposed to pursue New Mexico Matching Fund funding to fund the 20% required match to support application to FHWA for funding in Spring 2025.
FINANCIAL CONSIDERATION
This is for project application support. Application to FHWA for project funding would be pending New Mexico Matching Fund award. Intent is to achieve 100% funding through New Mexico Matching Fund and FHWA funding.
LEGAL REVIEW:
Resolution has been submitted to City Attorney for review.
BOARD AND COMMITTEE ACTION:
Infrastructure Committee recommended approval (5-0) at their meeting on 11/18/24 to refer to Finance. Finance Committee on 12/5/2024 voted (4-0) to send to the December 2024 City Council meeting.
STAFF RECOMMENDATION:
Proceed as discussed