IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
A RESOLUTION authorizing the County Executive to execute a Letter of Understanding with the Lafayette County Commission and the Missouri Department of Transportation relating to the transfer of Off-System Replacement Bridge funds, in accordance with the Missouri Highway Bridge Program.
Intro
RESOLUTION NO. 20061, December 3, 2018
INTRODUCED BY Greg Grounds, County Legislator
Body
WHEREAS, the Missouri Department of Transportation's Highway Bridge Program authorizes bridge replacement and rehabilitation for certain eligible bridges throughout Missouri's counties; and,
WHEREAS, federal funds are available to finance up to 80% of an eligible project's cost, but may be increased with the use of credits earned from replacing, with the County's own funds, an eligible bridge that is not on the federal-aid system list; and,
WHEREAS, if a Local Public Agency (LPA) replaces or rehabilitates an eligible bridge with its own funds, the LPA may receive a credit, known as a "Soft Match Credit," that can be applied to the non-federal share on another federal aid bridge project; and,
WHEREAS, more sparsely populated counties receive less transportation funding to apply toward their bridge replacement and rehabilitation programs; and,
WHEREAS, Lafayette County, Missouri, has agreed to transfer $300,000 of its "Soft Match Credits" to Jackson County in exchange for Jackson County's transfer of $600,000 of its Off-System Bridge Replacement and Rehabilitation Program (BRO) funds; and,
WHEREAS, this exchange with Lafayette County will allow Jackson County to use this Soft Match Credit balance toward its 20% cash match for future bridge projects under the BRO program, thereby reducing the required County cash expenditure; and,
WHEREAS, Lafayette County and the Jackson County Director of Public Works recommend a BRO fund and Soft Match Credit exchange, which would allow Jackson County to have actual fun...
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