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HomeMy WebLinkAbout1999-013-02/02/1999-AUTHORIZING THE CITY MANAGER TO EXECUTE AN IGA WITH CDOT ALLOCATING $72,600 OF UNANTICIPATED REVENUE RESOLUTION 99-13 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE CITY MANAGER TO EXECUTE AN INTERGOVERNMENTAL AGREEMENT WITH THE COLORADO DEPARTMENT OF TRANSPORTATION ALLOCATING $72,600 OF UNANTICIPATED REVENUE FOR SAFETY IMPROVEMENTS TO 18 TRAFFIC SIGNALS ON THE COLLEGE AVENUE CORRIDOR WHEREAS, in 1998, the City applied for federal highway safety funds to be used for the upgrading of eighteen (18)traffic signals along the College Avenue corridor from Cherry Street to Boardwalk Drive for the purpose of installing new signal heads, faces and backplates to improve visibility and eliminate background light; and WHEREAS,the Council has determined that improving visibility and reducing background light will help to reduce accidents along the College Avenue corridor; and WHEREAS,the Colorado Department of Transportation has communicated to the City that the City's application has been approved upon condition that the City provide matching funds in the amount of ten (10) percent of the cost of the project (which matching funds total the amount of $7,260.00), which funds have been included in the 1999 Traffic Operations Budget; and WHEREAS,the Colorado Department of Transportation has submitted to the City a contract for the project, requesting execution thereof. NOW, THEREFORE, BE IT RESOLVED BY "THE COUNCIL OF THE CITY OF FORT COLLINS, that the City Manager be and hereby is authorized to execute the contract for the upgrading of eighteen(18)traffic signals along the College Avenue corridor,which contract contains the commitment that the City will match the federal funding for the aforesaid project at the rate of ten (10) percent of the total project cost, specifically, matching funds in the sum of SEVEN THOUSAND TWO HUNDRED SIXTY DOLLARS ($7,260). Passed and adopted at a regular meeting of the City Council held this 2nd day of February, A.D. 1999. �1 Mayor ATTEST: NA eA � City Clerk `