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01-04-2022 TIB GrantAuthorization to Ac Transportation Grant Funding for Transportation Improvement Project Public Works Department 1/4/2022 1 Policy Question Should City Council authorize acceptance of transportation grant funding? Background Information • As traffic volumes return to "normal", intersection will fail LOS standard. • Roundabouts provide more safety than adding a left -turn lane and/or signalization. • Median barrier will prevent left -turn and crossover collisions. • U-turn locations available through this roundabout and the existing roundabout at Wapato Way. Background Information Project Grant (Funding Phase) Estimated I Grant Project Cost Fund Amount SR 99 @ S 373rd Street (Design, Right -of -Way, Construction) Required City Match Urban Arterial (State) 1 $3,500,000 1 $2,500,000 1 $1,000,000 Years of Expenditure 2022-2024 Options Considered 1. Approve to accept transportation grant funding and authorize the Mayor to execute related agreements. 2. Do not approve to accept transportation grant funding and provide direction to staff. Mayor's Recommendation Option 1: Approve to accept transportation grant funding. Questions? Tt- r_- - -,