FY2022
Contact Jason Havel Department PUBLIC WORKS
S3947
Project #
Project Name Benton Street Rehabilitation Project
Type One Phase
Useful Life 50 years
GRANTEE STP
PLAN None
Category Street Operations
MATCH % 30%
TIF DISTRICT None
Priority Essential (2)
Description This project will include PCC Patching and HMA Overlay of Benton Street from Mormon Trek Boulevard to 150' east of Benton Drive. In addition, the project will include striping bike lanes on Benton Street and updating ADA curb ramps. Justification Benton Street is an arterial street that extends from Van Buren Street near the downtown area to the west side of Iowa City. The current PCC street has severe cracking and panel faulting that result in a rough pavement ride. The project will include full depth pavement repair and overlay of the concrete surface with Hot Mix Asphalt. The project will also upgrade sidewalk curb ramps to current ADA standards. Total Project Cost: $3,725,000 Status Active
Expenditures
Total
2021
2022
2023
2024
2025
Prior
PLANNING/DESIGN
25,000
25,000
250,000
LAND/ROW ACQUISITION
50,000
50,000
Total
CONSTRUCTION
2,900,000
2,900,000
INSPECTION
100,000
100,000
ADMINISTRATION CONTINGENCY
100,000
100,000
300,000
300,000
3,475,000
3,475,000
Total
Funding Sources FEDERAL GRANTS
Total
2021
2022
2023
2024
2025
1,315,860
1,315,860
GO BONDS-ESSENTIAL PURPOSE
2,409,140
2,409,140
3,725,000
3,725,000
Total
Budget Impact/Other Replacing aged infrastructure will lower the City's operating expenditures through decreased maintenance costs. The estimated decrease in operating expenses is less than $10,000 per year. This serves as a declaration of official intent under Treasury Regulation 1.150-2 that it is reasonably expected that capital expenditures will be made in respect of the above-described project, such expenditures to be advanced from the Capital Projects fund, and the City reasonably expects to reimburse all or a portion of the expenditures with the proceeds of bonds, notes or other indebtedness to be issued or incurred by the City in the future.
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