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HomeMy WebLinkAbout1993-148-10/19/1993-COLORADO DEPT TRANSPORTATION COLORADO HIGHWAY 1 IGA SHIELDS STREET TRAFFIC SIGNALS US HIGHWAY 287 RESOLUTION 93-148 01 THE COUNCIL OF THE CITY OF FORT 'COLLINS AUTHORIZING THE MAYOR TO EXECUTE THREE INTERGOVERNMENTAL AGREEMENTS WITH THE STATE DEPARTMENT OF TRANSPORTATION ALLOCATING $185,000 OF THE CITY OF FORT COLLINS FOR UNANTICIPATED REVENUE FOR THE CONSTRUCTION OF THREE TRAFFIC SIGNALS ON THE STATE HIGHWAY SYSTEM WHEREAS, the Colorado State Department of Transportation (COOT) has established three projects for improvements to US Highway 287 programmed for FY 1994 which projects will require the construction of three traffic signals; and WHEREAS, the City of Fort Collins builds, operates, and maintains all the traffic signals within the Fort Collins urban area; and WHEREAS, because of the City's experience in constructing traffic signals, the CDOT has requested that the City of Fort Collins participate in said projects by serving as the contractor for the construction of the three traffic signals; and WHEREAS, the City has submitted to the COOT the initial design and cost estimates for the signal construction which estimate has been accepted by the CDOT; and WHEREAS, the City has estimated that the total cost of the work to be done is at or below the One Hundred Eighty-Five Thousand Dollars ($185,000) and the City is prepared to proceed with the project with the understanding that all costs will be reimbursed by the COOT; and WHEREAS, funds have been budgeted, appropriated and otherwise made available in the sum of One Hundred Eighty-Five Thousand ($185,000) for the City of Fort Collins to construct the three traffic signals; and WHEREAS, the Council of the City of Fort Collins does hereby determine that it is in the best interest of the City that said intergovernmental agreements by executed between the City and the COOT; and WHEREAS, Article III, Section 16 of the City Charter provides that the Council may enter into Agreements with other governmental bodies for performance of cooperative or joint activities. NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the Mayor be, and is hereby authorized to enter into three (3) intergovernmental agreements between the City of Fort Collins and the Department of Transportation of the State of Colorado, for the purpose of constructing three (3) traffic signals, which signals are located at the intersection of US Highway 287 and Vine Drive, State Highway 1, and Shields Street, upon the condition that One Hundred Eighty-Five Thousand ($185,000) of the said projects costs will be reimbursed by the State Department of Transportation. Passed and adopted at the regular meeting of rCouncil hel this 19th day of October, A.D. 1993. fflayor ATTTT-EST:: City Clerk