Department: Public Works
Staff Contact: Mary Jaeger / Beth Wright
Subject: Project funding authorization for the Interstate 35 and 119th Street Interchange Reconfiguration Project, PN 3-C-026-16.
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Item Description:
title
Consideration of Resolution No. 19-1046 authorizing the Interstate 35 and 119th Street Interchange Reconfiguration Project, PN 3-C-026-16; and repealing Resolution No. 18-1101..
Body
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Summary:
The Interstate 35 and 119th Street interchange carries over 50,000 vehicles per day and is heavily congested in the AM and PM peak hour. On April 5, 2016, Council authorized the I-35 & 119th Street Interchange Preliminary Engineering Project to determine the necessary project scope and costs associated with improvements to this location. Preliminary engineering identified a diverging diamond interchange and modifications to the 119th Street corridor between Renner Boulevard and Strang Line Road as the most cost effective, long term solution to traffic congestion in this area. On November 6, 2018, Council reauthorized the I-35 Highway and 119th Street Interchange Improvements Project to provide funding for final design of the project to provide the City with a more competitive application for project funding through FHWA’s Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants program.
Staff is currently working on a BUILD grant application that is due on July 15, 2019. To provide the best application for grant funding consideration, the Federal Highway Administration (FHWA) recommends the applicant demonstrates a firm financial commitment. Authorization of the full project amount will demonstrate to the FHWA that the City of Olathe has the financial wherewithal to construct this important project.
BUILD grant awards will be announced in October 2019. If the City of Olathe is selected for a BUILD grant, construction of this project will begin in 2021.
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Financial Impact:
Proposed funding for the Interstate 35 and 119th Street Interchange Reconfiguration Project includes:
General Obligation Bonds $13,000,000
Kansas Department of Transportation $ 5,000,000
BUILD Transportation Discretionary Grant $10,000,000
Total $28,000,000
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Action Needed:
Approval of Resolution No. 19-1046 authorizing the Interstate 35 and 119th Street Interchange Reconfiguration Project, PN 3-C-026-16; and repealing Resolution No. 18-1101..
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Attachment(s):
A: Resolution
B: Project Fact Sheet
C: Project Location Map