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HomeMy WebLinkAboutIR 9516 INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 9516 To the Mayor and Members of the City Council September 25, 2012 `�` Page 1 of 1 r SUBJECT: PROPOSED FUNDING FOR STREET LIGHTS IN THE RYAN PLACE rF NEIGHBORHOOD In 2000, the Candlelight Christmas in Ryan Place (CCRP), a neighborhood group, approached the City regarding the installation of 209 street lights in the Ryan Place neighborhood bounded by Berry Street, Cleburne Road, 8t" Avenue, Jessamine, Hemphill and the railroad tracks. At that time, it was agreed that CCRP would pay for the materials and the City, through the Transportation and Public Works Department, would pay for the installation. Since then, CCRP has raised a total of $350,314.80 to donate towards the purchase of 209 lights in the whole neighborhood leaving a balance of $64,024.29 to complete the project. CCRP has requested that the City fund the remainder of the lights. Staff has reviewed the request and because private funding is being provided, the project qualifies for $64,024.29 of Urban Development Action Grant (UDAG) Program Income funds. UDAG Program Income funds are generated from lease payments of the now Hilton Parking Garage downtown that was funded under the original federal grant. Federal rules require that program income be used on CDBG eligible projects in a CDBG eligible area. In addition, in order to use the funds, private funds must be contributed to the project. The area of Ryan Place in which lights purchased with the UDAG funds will be installed is CDBG eligible. The Transportation and Public Works Department will fund the design and labor for the installation of the remaining lights at a total estimated cost of $209,000 from savings on projects completed prior to 2006 and from 2004 streetlight bond funds approved for District 9. Staff recommends placing an M&C on the October 2nd City Council Meeting agenda recommending that $64,024.29 of UDAG Program Income be used to purchase the remaining lights and to accept the donation of funds from CCRP. If you have any questions, please call Jay Chapa, Director of Housing and Economic Development, at 817-392-5804. Tom Higgins City Manager ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS