| | | | | | | | AGENDA MEMORANDUM
Village of Ruidoso Consent Regular Item - 3. |
| | | | | | | | To:
| Mayor Crawford and Councilors
| Presenter(s):
| Joshua Long, Street Department Manager
| Meeting Date:
| June 13, 2023
| Re:
| Approval of Resolution 2023-17, a Resolution for Commitment of Funding from New Mexico Department of Transportation for 2024 and Approval of Local Government Road Fund Cooperative Agreement L200597. Total Project Cost of $257,077.00. The Village of Ruidoso's Proportional Matching Share Shall be 25% or $64,269.00.
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| | | | | | | | Item Summary:
Approval of Resolution 2023-17, a Resolution for Commitment of Funding from New Mexico Department of Transportation for 2024 and Approval of Local Government Road Fund Cooperative Agreement L200597. Total Project Cost of $257,077.00. The Village of Ruidoso's Proportional Matching Share Shall be 25% or $64,269.00. |
| | | | | | | | Financial Impact:
The Village will be committed for 25% in-kind match ($64,269.00) and the NMDOT 75% Grant ($192,808.00), which will total a project cost of $257,077.00. |
| | | | | | | | Item Discussion:
The Village of Ruidoso Street Department is asking for commitment and support for the 2023-2024 COOP Project. The Street Department plans to use its in-house equipment and labor to complete the project. The project will be to Pave, Patch, Drainage improvements, and miscellaneous to the following streets: Innsbrook Drive, St. Moritz, Grenoble, Cortina, Geneva, Vienna Terrace, Riley Cove, & portion of Metz. |
| | | | | | | | Recommendations:
To Approve Resolution 2023-17, a Resolution for Commitment of Funding from New Mexico Department of Transportation for 2024 and Approval of Local Government Road Fund Cooperative Agreement L200597. |
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