Fiscal Note
The proposed resolution amends Traffic Engineering’s 2022 Adopted Operating Budget to appropriate a $346,400 Transportation Alternative Program grant. This grant will support the expansion of the Madison BCycle system to reach underserved neighborhoods. The award represents 80% of construction costs and will be passed through to Madison B-Cycle who is funding construction costs. Additionally, the 20% match required by the grant will funded by Madison B-Cycle.
Title
Amending the 2022 Adopted Operating Budget for Traffic Engineering - Bicycle & Pedestrian Services to accept a $346,400 Transportation Alternative Program (TAP) grant from the Wisconsin Department of Transportation for Project I.D. 5992-22-00 (City of Madison Electric Bicycles) and authorizing the Mayor and City Clerk to execute the TAP grant agreement with the State of Wisconsin Department of Transportation along with the Madison B-Cycle Expansion Grant Agreement with B-Cycle LLC.
Body
WHEREAS, the City of Madison Department of Transportation and B-Cycle LLC, the owner and operator of Madison B-Cycle, are proposing the expansion of the Madison B-Cycle system to reach underserved neighborhoods to build a more equitable bikeshare system. The expansion project proposes adding 11 new stations and 55 electric-assist bicycles. Locations will include expansion to Warner Park, S Park St, Goodman Pool, Sycamore Park, Demetral, and other underserved locations.
WHEREAS, on January 18, 2022, by RES-22-00065 (File No. 68627), the Council authorized the City’s application for federal grant funding for the B-Cycle expansion project under the federal Transportation Alternatives Program (TAP).
WHEREAS, the City was informed that the expansion project was awarded a TAP federal grant that will reimburse the City for 80% of participating construction costs, to a maximum of $346,400. B-Cycle LLC has agreed to absorb the 20% local share of the project costs. The proposed project is expected to be com...
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