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Page 2 of 2 <br /> <br /> <br />Budget Impact <br /> <br />If successful, the LRIP grant would provide $1,250,000 in state funding to offset construction <br />costs for roadway improvements. The project meets the definition of a Route of Regional <br />Significance as outlined in the resolution and the grant application should score competitively <br />against other competing projects. Staff recommends approval of the resolution in an effort to <br />derive sufficient funds to complete the Lexington Avenue project in the year 2022. Grant <br />funding would reduce county and city roadway construction costs, but cannot be used for <br />engineering, inspections or utility coordination. <br /> <br />Attachments <br /> <br />Attachment A: Resolution 2021-007 <br />Attachment B: Project Layout