Re: Capping the Loop
Posted: Mon Jan 09, 2023 12:16 pm
She was a disaster.
Aren't you obligated to read it and report back so we don't have to?
https://www.dropbox.com/s/75jhbv4btp1b9 ... 2.pdf?dl=0Cratedigger wrote: βWed Jan 11, 2023 2:31 pm Rep. Sam Graves to lead House Transportation and Infrastructure Committee. May help get funding for this project and other specific transportation projects in KC.
Also, MEGA grant allocations have started to be announced. Eagerly awaiting the results of that.
Damn.DaveKCMO wrote: βWed Jan 11, 2023 3:18 pmhttps://www.dropbox.com/s/75jhbv4btp1b9 ... 2.pdf?dl=0Cratedigger wrote: βWed Jan 11, 2023 2:31 pm Rep. Sam Graves to lead House Transportation and Infrastructure Committee. May help get funding for this project and other specific transportation projects in KC.
Also, MEGA grant allocations have started to be announced. Eagerly awaiting the results of that.
Didn't meet any of the following requirements:
- The project will be cost-effective (49 USC 6701(f))
- With respect to related non-Federal financial commitments, 1 or more stable and dependable sources of funding and financing are available to (i) construct, operate, and maintain the project; and (ii) cover cost increases (49 USC 6701(f))
- The applicant has, or will have, sufficient legal, financial, and technical capacity to carry out the project (49 USC 6701(f))
- The applicant submitted, together with the grant application, a data collection and analysis plan that meets the requirements in 49 USC 6701(g)
Presumably they weren't the applicant because they weren't willing to guarantee the finance though, correct?
Sure, but these deficiencies will be an issue with any federal grant program. The City or MoDOT need to step up to be the applicant and back the project like they would any other.
From what I've read the mega-grant wasn't in the original plans to finance this, it was supposed to be from the RAISE grant & Blunts funding for the federal portion. The mega-grant would've just pushed them way ahead of schedule on financing. They're still back to Plan A now and trying to finally get a RAISE grant, and Blunt's funds aren't for nothing.
I'm not familiar with the process. Who did the earmark from Blunt go to? I think it went to the Missouri state.UMKC Roo wrote: βWed Jan 11, 2023 5:39 pmFrom what I've read the mega-grant wasn't in the original plans to finance this, it was supposed to be from the RAISE grant & Blunts funding for the federal portion. The mega-grant would've just pushed them way ahead of schedule on financing. They're still back to Plan A now and trying to finally get a RAISE grant, and Blunt's funds aren't for nothing.
Locally, it calls for $20 million in private funding and $33 million from other sources; the state would provide $10 million in tax credits and $43 million from other sources, and the federal government, a $25 million RAISE Grant, and $25 million from other sources.WoodDraw wrote: βWed Jan 11, 2023 5:47 pmI'm not familiar with the process. Who did the earmark from Blunt go to? I think it went to the Missouri state.UMKC Roo wrote: βWed Jan 11, 2023 5:39 pmFrom what I've read the mega-grant wasn't in the original plans to finance this, it was supposed to be from the RAISE grant & Blunts funding for the federal portion. The mega-grant would've just pushed them way ahead of schedule on financing. They're still back to Plan A now and trying to finally get a RAISE grant, and Blunt's funds aren't for nothing.
Like I said before, someone needs to issue bonds to pay for it. Who?