Item 52 — Thursday, December 12, 2024

Current official agenda wording

Approve an ordinance authorizing negotiation and execution of an agreement with the U.S. Department of Transportation, Neighborhood Access and Equity grant program, in the amount of $105,200,000, with the required City match of $45,000,000 for a total of $150,200,000, for the Our Future 35: Reconnecting Austin to the Downtown Core Construction Grant for the Cesar Chavez to 4th Street Cap, a Texas Department of Transportation roadway project; amending the Fiscal Year 2024-2025 Transportation and Public Works Department Special Revenue Fund (Ordinance No. 20240814-007) to accept and appropriate $105,200,000 in grant funds from the U.S. Department of Transportation's Neighborhood Access and Equity program; and amending the Fiscal Year 2024-2025 Transportation and Public Works Department Capital Budget (Ordinance No. 20240814-007) to transfer in and appropriate $105,200,000 in grant funds for the construction needs associated with the I-35 Cap and Stitch initiative. Funding: Funding in the amount of $105,200,000 is available from the U.S. Department of Transportation. A City funding match of $45,000,000 is required and is available in the Fiscal Year 2024-2025 Transportation and Public Works Department Capital Budget. Related to Items #11, #49, #50, and #51.