TIS 2023-02-06 Item 2B - Update - Unsuccessful 2022 RAISE Grant Application for Strander Boulevard Extension Phase 3

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Info Memo, Page 2 Option 3. Stop work. Return grant funding and reimburse federal funds spent to date. The council consensus at the June 10 2019 Committee of the Whole meeting was to stop work and return grant funding ($2 million of the full $5 million STP grant from PSRC) due to: • significant cost increase for the project, which was at 30% design and clarified with the VE, • no clear funding path to make up the financial gap of approximately $44 to $66 million, • reduced benefits if not pursuing a full -build to 4 lanes (which could reduce funding partners), • the determination that it was better to stop now and return funds. DISCUSSION On December 14, 2022, the United States Department of Transportation (USDOT) opened their call for projects for RAISE grant funding. The RAISE program is a federal funding source that supports road, rail, transit, and port infrastructure projects that have local and regional impacts. The deadline to apply for funding is February 28, 2023. Staff is bringing this item to Committee for discussion. The City has applied for RAISE funding (formerly known as TIGER and BUILD) eight times since 2010 for the Strander Blvd Extension project. To date, we have not been successful in procuring these funds, even when we had support from other funders, legislature, and community partners. If we apply in 2023, this will be the ninth time the City has applied for a RAISE grant for the Strander Extension Project. The most recent application was submitted in 2022 and was unsuccessful. Timeline August 2010 Applied for TIGER Grant (unsuccessful) March 2012 Applied for TIGER Grant (unsuccessful) April 2014 Applied for FASTLANE Grant (successful) April 2014 Applied for TIGER Grant (unsuccessful) June 2015 Applied for TIGER Grant (unsuccessful) February 2016 Preliminary Design Begins, project cost estimated at $39M at this time March 2016 Applied for PSRC Grant (successful) April 2016 Applied for TIGER Grant (unsuccessful) October 2017 Applied for TIGER Grant (unsuccessful) March 2018 Applied for FMSIB Grant (successful) April 2018 Applied for PSRC Grant (unsuccessful) July 2018 Applied for TIB Grant (unsuccessful) July 2018 Applied for BUILD Grant (unsuccessful) Early 2019 30% design complete, project complications identified. VE study recommended. Early 2019 VE study completed, new cost estimate for project increased to $83M June 2019 Council consensus to stop project 2019-2020 All awarded grant funding returned (approx. $2M) January 2021 Strander Project Removed from the Capital Improvement Program (CI P) March 2022 Consultant provided new cost estimate of $100M for the Strander Project. This estimate was acquired for the 2022 RAISE grant application April 2022 Applied for RAISE Grant (unsuccessful) February 28, 2023 2023 RAISE Grant Deadline Phan 20 _4339.18 0 Er 'ETukwwi Irv' Tu kwilalR A. ' v 38