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HomeMy WebLinkAbout2008-012-02/19/2008-AUTHORIZING THE MAYOR TO ENTER INTO AN AGREEMENT WITH THE COLORADO DEPARTMENT OF TRANSPORTATION FOR RESOLUTION 2008-012 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE MAYOR TO ENTER INTO AN AGREEMENT WITH THE COLORADO DEPARTMENT OF TRANSPORTATION FOR THE DESIGN AND CONSTRUCTION OF THE HARMONY ROAD AND COLLEGE AVENUE INTERSECTION IMPROVEMENTS WHEREAS, the Colorado Department of Transportation ("CDOT') has awarded the City a grant in the amount of$1,420,000 with City matching funds in the amount of$249,450 for a total budget of$1,669,450 for the design and construction of the Harmony Road and College Avenue intersection improvements (the"Project"); and WHEREAS, the intersection of Harmony Road and College Avenue is one of the highest volume intersections in the City, currently operating at a Level of Service D and forecast to be operating at a Level of Service F within the next twenty years; and WHEREAS,the Project would reduce delay and improve the pavement service and provide better facilities for bicycles and pedestrians at said intersection and is in the best interest of the City; and WHEREAS,the Council has determined that the proposed intergovernmental agreement with CDOT for the design and construction of improvements to the Harmony Road and College Avenue intersection is in the best interests of the City and should be executed. NOW,THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the Mayor is hereby authorized to enter into an agreement with CDOT in order for the City to receive grant funding in the amount of$1,420,000 with City matching funds in the amount of$249,450 for a total budget of$1,669,450 for the design and construction of intersection improvements at the intersection of College Avenue and Harmony Road. Passed and adopted at a regular meeting of the C ci of the City of Fort Collins this 19th day of February A.D. 2008. Mayor ATTEST: City Clerk