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HomeMy WebLinkAbout5B2 Budget Increase (Howard Street Traffic Study 17J023) Redevelopment Commission Agenda Item DATE: April 23, 2020 FROM: Kara Boyles, City Engineer SUBJECT: Budget Increase Request – Howard Street Traffic Conceptual Design Which TIF? (circle one) River West; River East; South Side; Douglas Road; West Washington PURPOSE OF REQUEST: Obligate budget in the amount of $20,300 for the Howard Street Traffic Design project. Specifics: In 2017, the RDC appropriated $15,000 from the REDA TIF to study the future traffic impacts of the Eddy Street Commons Phases 2 and 3. Phase 2 plans were being developed; however, Phase 3 plans were very preliminary at the time. Existing and future traffic projections were analyzed for the Howard Street intersections with Eddy Street and SR 23. The results of the study indicated that improvements will be required at the intersection of Howard Street and Eddy Street, as well as Howard Street and SR 23. Improvements at Howard and Eddy could include conversion to 4-Way Stop, Channelized EB/WB Right Turn Lanes, or a mini-roundabout. Additional improvements could be warranted at Howard and SR23 (INDOT Right-of-way). Phase 2 is nearing completion and Phase 3 site plans are currently under review by the City. In order to address Eddy Phases 2 and 3, this request will include the preparation of conceptual layouts and construction cost estimates for Howard Street from Notre Dame Avenue to SR 23. INTERNAL USE ONLY: Project Code: _______________17J023_________________________; Total Amount new/change (inc/dec) in budget: _$35,300__; Break down: Costs: Engineering Amt: _______$35,300________; Other Prof Serv Amt________________; Acquisition of Land/Bldg (circle one) Amt: ___________; Street Const Amt _______________; Building Imp Amt_________; Sewers Amt_________; Other (specify) Amt: _______________ ___________________________________________. Going to BPW for Contracting? Y/N Is this item ready to encumber now? _yes___ Existing PO#________ Inc/Dec $20,300______