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Iowa Jobs (I-JOBS) Program FundingT®: The Honorable Mayor and City Council Members FR®11~: Michael C. Van Milligen, City Manager SUBJECT: Iowa Jobs (I-JOBS) Program Funding ®ATE: May 13, 2009 On May 14, 2009, Governor Chet Culver signed the Iowa Jobs (I-JOBS) Program Bill into law. The I-JOBS Program includes $45 million of appropriations for city and county roadways. Based on the funding distribution, the City of Dubuque will receive an appropriation in the amount of $558,967. By committing the I-JOBS funding to the Southwest Arterial Project, this will allow the City to leverage an additional $2,235,868 in federal funding toward the project. City Engineer Gus Psihoyos recommends City Council approval for the I-JOBS Program allocation of $558,967 to the Southwest Arterial Project. I concur with the recommendation and respectfully request Mayor and City Council approval. Michael C. Van Milligen MCVM/jh Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Gus Psihoyos, City Engineer THE ~CIT~' t~I ~; ~.~~ ~ _ - _~ ~ i ~ ~ ~'~ c~sl~~pl, ~,r o,~~ ~~~~ tVI~~;~i~~l~~~~i TO: Michael C. Van Milligen, City Manager FROM: Gus Psihoyos, City Engineer ~ . DATE: May 13, 2009 SUBJECT: Iowa Jobs (I-JOBS) Program Funding INTRODUCTION Dubuque _- All-P~ui it ; Cf1Y ~~® ~~ Zoo? This memorandum is to request City Council approval to allocate all City funding appropriation from the Iowa Jobs (IJOBS) Program to the Southwest Arterial Project. BACKGROUND The $715 million Iowa Jobs (I-JOBS) Program is a program established to stimulate Iowa's economy through short-term job creation and long-term economic growth. The state has allocated this funding to be used for the state's: public buildings; flood recovery and rebuilding; transportation infrastructure; universities; environment and water quality; housing; and telecommunications and renewable energy. DISCUSSION On May 14, 2009, Governor Chet Culver signed the I-JOBS Program Bill into law. The I- Jobs Program includes $45 million of appropriations for city and county roadways. Based on the funding distribution, the City of Dubuque will receive an appropriation in the amount of $558,967. By committing the I-JOBS funding to the Southwest Arterial Project, this will allow the City to leverage an additional $2,235,868 in federal funding toward the project. The City will be requesting that the Dubuque County Board of Supervisors consider allocating all County funding ($304,539) appropriation from the I-JOBS Program to the Southwest Arterial Project. This will allow the City/County to leverage an additional $1,218,156 in federal funding toward the project. RECOMMENDATION I would recommend that the City Council approve the I-JOBS Program allocation of $558,967 to the Southwest Arterial Project. ~4CTI®fV T® E TAK N The City Council is requested to approve the I-JOBS Program allocation of $558,967 toward the Southwest Arterial Project. Prepared by Robert Schiesl, P.E., Assistant City Engineer cc: Teri Goodman, Assistant City Manager Jenny Larson, Budget Director Dubuque County Board of Supervisors