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HomeMy WebLinkAbout25-002 Resolution Supporting Dakota County's Application for Funding through the Fiscal Year 2025 Rebuilding American Infrastructure for I-35 and Dakot CSAH 5/50 Interchange Area Improvements CITY OF LAKEVILLE DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 25-002 Resolution Supporting Dakota County's Application for Funding Through the Fiscal Year 2025 Rebuilding American Infrastructure with Sustainability and Equity Federal Grant Program for the Interstate 35 and Dakota County State Aid Highway 5/50 Interchange Area Improvements WHEREAS, the United States Department of Transportation issued a notice of funding opportunity for the Fiscal Year 2025 Rebuilding American Infrastructure with Sustainability and Equity(RAISE) Grant Program;and WHEREAS, the funding is intended to provide additional investment in locally or regionally significant transportation infrastructure projects that improve safety, enhance economic growth and development of interstate commerce, and remove barriers to community access;and WHEREAS, funding for the RAISE program is provided by the Infrastructure Investment and Jobs Act and/or additional funding that may become available under the Fiscal Year 2025 Appropriations Act; and WHEREAS, Dakota County, with support from the City of Lakeville, is applying for funding for the Interstate 35 and Dakota County State Aid Highway 5/50 Interchange Area Improvements,including transportation safety and community access improvements;and WHEREAS, Dakota County is requesting$25,000,000 in RAISE funding;and WHEREAS, Dakota County secured $5,040,000 in federal funding in the Fiscal Year 2023 federal budget to complete planning, design, and environmental analyses to ensure the project is shovel-ready and support efforts to explore funding options and leverage bonding/grant opportunities at the federal, state,and regional levels; and WHEREAS, to demonstrate local support and community consensus for the project, the City of Lakeville is submitting this Resolution of Support; and WHEREAS,the project will advance public safety initiatives,bolster the success of the local, regional, state,and national economy,and strengthen citizens' quality of life;and WHEREAS,the project will help to improve regional highway and bridge performance and enhance interstate commerce of this Tier 1 regional freight corridor, essential to local businesses ' and the region;and WHEREAS, the project will provide long-term sustainable travel for all motorists and transit by reducing congestion, improving safety, improving travel times and creating a future MnPASS corridor; and WHEREAS, the current interchange and bridges are deficient in capacity and geometry, and a new interchange and bridges are necessary to address long-standing traffic congestion and safety concerns; and WHEREAS,the City of Lakeville has invested or$20 million along the Dakota County State Aid Highway 50 corridor in preparation for this project. NOW, THEREFORE, BE IT RESOLVED that the City of Lakeville hereby supports an application to the Fiscal Year 2025 Rebuilding American Infrastructure with Sustainability and Equity(RAISE) Grant Program for the Interstate 35 and Dakota County State Aid Highway 5/50 Interchange Area Improvements. ADOPTED by the City Council this 6`''day of January 2025. CITY OF LAKEVILLE: � BY: Luke M. Hellier,Mayor ATTEST: Ann Orlofsky, City Clerk