SUBJECT:
Title
A Resolution of the Board of Commissioners of the Town of Erie Urban Renewal Authority Approving the Payment of Funds to the Town of Erie for Construction Management of the Colliers Hill Detention Pond Improvements
Department
DEPARTMENT: Finance
Public Works
Presenter
PRESENTER(S): Lockie Woods, URA and Development Accounting Analyst
end
Time
TIME ESTIMATE: 0 minutes
end
For time estimate: please put 0 for Consent items.
Fiscal
FISCAL SUMMARY:
Cost as Recommended: $123,775
Balance Available: $846,925.25
Fund Urban Renewal Authority
Line Item Number: 800-90-871-605000-110402
New Appropriation Required: No
Policy
POLICY ISSUES:
The policy issue is granting approval for the Town of Erie Urban Renewal Authority to authorize payment of already budgeted funds to the Town of Erie for construction management of the Colliers Hill Detention Pond Improvements.
Recommendation
STAFF RECOMMENDATION:
Staff recommend approval of the resolution.
Body
SUMMARY/KEY POINTS
• The Town of Erie Urban Renewal Authority’s Purchasing Policy requires the TOEURA Board to approve expenditures over $100,000.
• The construction management of the detention pond improvements is an appropriate use of URA funds.
• The Town of Erie, not the URA, will facilitate the construction of this project.
BACKGROUND OF SUBJECT MATTER:
The funds available in the Colliers Hill Plan Area may be spent on improvements to the following infrastructure: roads, traffic and signalization, water, irrigation, sanitary sewer, drainage, and a pedestrian bridge to Old Town.
This project will improve the detention pond outlet structure to lower release rates at or below historic levels and provide an outlet structure that will be easy to access and maintain. This will improve drainage downstream from this detention pond.
priorities
.
attachments
ATTACHMENT(S):
1. Resolution