ITEM TITLE:
title
#16-28 - Authorizing Submission of a Harbor Facility Grant Application to the State of Alaska, Department of Transportation and Public Facilities in the Amount of $5,000,000.00 for the Valdez New Boat Harbor Project
body
SUBMITTED BY: Jeremy Talbott MPE, Acting Ports & Harbors Director.
FISCAL NOTES:
Expenditure Required: $5,000,000.00
Unencumbered Balance: $32,598,762
Funding Source: New Harbor Planning; 310-6450-58000
RECOMMENDATION:
Authorize the submission of a grant application to the State of Alaska, Department of Transportation and Public Facilities in the amount of $5 million dollars for funding of the Valdez New Boat Harbor Project.
SUMMARY STATEMENT:
The State of Alaska requires that a resolution of support for the Harbor Facility grant application be approved by the local governing body as part of the application process. This is a matching grant program which will require the City to provide matching grant funds if awarded.
The Harbor Facility Grant Program (AS 29.60.800 et seq.) provides financial assistance in the form of a 50/50 matching grant to municipally or regional housing authority owned small boat harbor facilities in the State of Alaska. The Department of Transportation and Public Facilities administers the Harbor Facility Grant Program. Port or barge facilities are not eligible for the grant program.
This grant program is funded on an annual basis at the discretion of the Alaska Legislature and consists of two tiers, Tier I and II. The first tier has priority and consists of major maintenance and repair of a harbor facility that was previously owned by the state and now is municipally or regional housing authority owned. After all eligible Tier I projects have been selected, the department will consider Tier II projects.
The second tier consists of all other municipally or regional housing authority owned
harbor facilities, including construction of a new harbor facility. Tier II grants
may comprise new construction, expansion, or major maintenance and repair of a harbor facility. A harbor facility is eligible for multiple Tier II grants.