Res 24-575 Approve Submitting Application to Wisconsin Emergency Management for the Pre-Disaster Flood Resilience Grant Program
BACKGROUND
Wisconsin Emergency Management administers the Pre-Disaster Flood Resilience (PDFR) Grant Program. This program offers financial assistance to local units of government for mitigating existing flooding and strengthening flood resilience in local watersheds.
ANALYSIS
Based upon the current Capital Improvement Program schedule and budgets, this grant application will assist the City of Oshkosh (City) in studying several watersheds throughout the City to help mitigate flooding. A map of the proposed watersheds to be studied is attached.
FISCAL IMPACT
This resolution will have no fiscal impact. The approval of this resolution allows staff to submit the grant application, which, if awarded, will reduce the City cost of the Project. The grant program reimburses municipalities seventy five percent (75%) of their costs up to a maximum of $300,000. The total estimated cost for this Project is $525,000. In this case, the maximum grant amount would be $300,000, with the City's share being $225,000, which will be budgeted for in the Stormwater Operating Budget.