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HomeMy WebLinkAboutAgenda Statement 1986/02/25 Item 13 COUNCIL AGENDA STATEMENT Item 13 Meeting Date 2/25/86 ITEM TITLE: Resolution Authorizing submittal of an application for Economic Development Administration funding for the widening of Otay Valley Road SUBMITTED BY: Community Development Directograli,, 5ths Vote: Yes No X ) REVIEWED BY: City Managere The Economic Development Administration (EDA) has grant funds available for up to a maximum of $1 ,000,000 for projects meeting their criteria for economic and job development. An application for these funds has been prepared by staff for the widening and improvements of Otay Valley Road. EDA funds will be used to supplement anticipated tax increment and assessment district financing for this project. RECOMMENDATION: That the Council adopt the resolution authorizing staff to submit an application for EDA funding assistance for the widening and improvement of Otay Valley Road. BOARDS/COMMISSIONS RECOMMENDATION: The Otay Valley Road Project Area Committee considered and approved the original submission of the grant application to the EDA at its October 22, 1984 meeting. DISCUSSION: A similar grant application was submitted to the EDA in October 1984. Upon receiving the application, the EDA indicated to staff that it was too early to award funding since construction was not anticipated to begin until Spring 1987. A new application has been prepared and, upon the City Council ' s approval , will be submitted to the EDA for funding in the Federal fiscal year 1986-87. Their next fiscal year begins October 1 , 1986. These funds may be used for road widening and improvement projects where such projects support economic development activities such as industrial development and the provision of new job opportunities. In discussions with EDA representatives, it has been determined that the Otay Valley Road Project meets EDA criteria and has a chance of receiving funding under their programs. The grant program, however, is competitive and there is currently a waiting list for funding. A copy of the title page is attached. The entire application is on file in the City's Community Development Department. Item 13 Meeting Date 2/25/86 FISCAL IMPACT: The cost of widening Otay Valley Road has been estimated at approximately $7.1 million. The maximum EDA grant is $1 ,000,000. The remainder of the funds is anticipated to be available through the issuance of bonds guaranteed by anticipated tax increment revenues, and through the establishment of an assessment district supported by benefiting property owners which is currently being prepared. WPC 2112H • FORM€D•101P - U.S. DEPARTMENT OF COMMERCE IREV y-83 PUBLIC WORKS PREAPPLICATION ECONOMIC DEVELOPMENT ADMINISTRATIONI No Financial Asslstanc• Shall Be Provided Unless This Form Is Completed and Filed OMB Approval Pending OMB Approval No 0348-0006 42 U.S.C. 3131(x), 3141(x), 3142; 1 3 C.F.R. 309.22. OMB No. 0610-0011 FEDERAL ASSISTANCE 2. APPLI- a NUMBER 3. STATE a SAI NUMBER PART I CANTS APPLI- _ APPLI- CATION 1. TYPE CATION IDENTI.FIER OF ❑ NOTICE OF INTENT(OPTIONAL) PIER DATE SUBMISSION FlEhfil b.DATE rear month day NOTE TO BE b ASSIGNED year month day © PREAPPLICATION ASSIGNED P .w a box) ❑ APPLICATION 1986 Feb 17 BY sTATh 19 4. LEGAL APPLICANT/RECIPIENT 5. EMPLOYER IDENTIFICATION NUMBER(EIN) a.Applicant Name .City of Chula Vista 95-6000690 b.Orpatlaaoon unit Department of Community Development c.Street/P.O.Box . 276 Fourth. Avenue PRQ - a. NUMBER 1 1 1 -1 1 ' 13 10 10 f GRAM d.City . Chula Vista e.County San Diego I.State . CALIFORNIA 9.ZIP code- 92010 (From CFDA) MULTIPLE h.Contact Person(Name Mr. Paul Des rochers, Director b. TITLE F d Telephone Nei (619) 691-5047 EDR Project Profile c proves summary descry 8. TYPE OF APPL)CANT/RECIPIENT 7. TITLE OF APPLICANT'S PROJECT (Use section IV 01 this form to a wm tan A-State H•Community Action Agency w of the project.) 6-Interstate I-Higher Education Inst. E Otay Valley Road Realignment and Widening C-Substrate Org. 1-Indian Tribe D-County K-Other (Specify) hF-School District 15 G-Special Purpose District Enter appropriate kner E 1 11. TYPE OF ASSISTANCE A-Basic grant D-Insurance OF P 9. AREA OF PROJECT IMPACT(Names of cities.nounticounties. ttatstates. etc) ESD NUMBER B-Suppl. grant E-Other(Specify) A OF ER SONONSBENEFITING C-Loan (Enter appropriate letters) City of Chula Vista, San Diego County 100 14. TYPE OF APPLICATION 12. PROPOSED FUNDING 13. CONGRESSIONAL DISTRICTS OF: 44th A-New C-Revision E-Augmentation a FEDERAL s - I-,000,000 .00 a. APPLICANT b. PROJECT B-Renewal D-Continuation E+., „,k„„ A b.APPLICANT 2,200,000 .00:. 44th 44th 17. TYPE of CHANGE(Foe ide or Pk) c 15. PROJECT START 16. PROJECT A-Increase dollars F-Other(Specify) STATE B-Decrease dollars DATE ,Y,..�^,,J �nth• do);. DURATION n d LOCAL .00 19 0i/ Hc.i'i 1 1 '- monms C-Increase duration a OTHER 3,912,400 .00 18. DATE DUE TO Year month day D-Decrease duration Enter sao� I. Total P,112,400 ,00 FEDERAL AGENCY► 19 86 pure bner(s) 19. FEDERAL AGENCY TO RECEIVE REQUEST 20. EXISTING FEDERAL GRANT U.S. Department of Commerce IDENTIFICATION NUMBER a. ORGANIZATIONAL UNIT(IF APPROPRIATE) b.ADMINISTRATIVE CONTACT(IF KNOWN) Economic Development Administratilon Ms . Marylin Williams N/A - c. ADDRESS M8 -1 o 1 H 0s ed er v 1 r d i ng 21. REMARKS ADDED Los ngeles, CA 90024 [l Yes C No 22 To the best of my knowtodQe and belief, a. YES,THIS NOTICE OF INTENT/PREAPPLICATION/APPLICATION WAS MADE AVAILABLE TO THE THE data in this preappilcation/application STATE EXECUTIVE ORDER 12372 PROCESS FOR REVIEW ON. CERTIFIES are true and correct,the document has DATE February 25, 1986 CERTIFIES been duty authorized by the governing P THAT► body of the applicant and the applicant cr will comply with the attached assurances D. NO,PROGRAM IS NOT COVERED BY E.O 12372 El it the assistance is approved OR PROGRAM HAS NOT BEEN SELECTED BY STATE FOR REVIEW ❑ 23. a. TYPED NAME AND TITLE b. SIGNATURE C. Date signed CERTIFYING , REPRE- SENTATIVE y Gregor R. Cox, Mayor _ 24. APPLICA- Year month day 25. FEDERAL APPLICATION IDENTIFICATION NUMBER 26. FEDERAL GRANT IDENTIFICATION TION 6 RECEIVED 19 3o Year mantra des) 27. ACTION TAKEN 28 Year month day STARTING FUNDING ❑ a AWARDED 29. ACTION DATE• 19 DATE 19 , ❑ b REJECTED .00 31. CONTACT FOR ADDITIONAL INFORMA- 32 7sv' Tc. `f, �) IL a FEDERAL S ENDING 0 C. RETURNED FOR TION(Name and telephone number) < .00 DATE 19 AMENDMENT b APPLICANT -_ - c O d. RETURNED FOR c STATE 00 33. REMARKS ADDED t E O. 12372 SUBMISSION " BY APPLICANT TO d LOCAL .00 tl I STATE a OTHER - 1 0 • DEFERRED No I WITHDRAWN I. TOTAL 1 .00 Yes r -11 STANDARD FORM 424 PAGE 1 tR� 4-EA, NSN 7540-01-008-8182 424-103 PREVIOUS EDITION IS NOT UISABLE _ Nam _..._,--_