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HomeMy WebLinkAbout2010-003-02/02/2010-AUTHORIZING THE MAYOR TO ENTER INTO AN AMENDMENT AGREEMENT WITH THE COLORADO DEPARTMENT OF TRANSPORT RESOLUTION 2010-003 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE MAYOR TO ENTER INTO AN AMENDMENT AGREEMENT WITH THE COLORADO DEPARTMENT OF TRANSPORTATION TO ADD FUNDING FOR THE CONSTRUCTION OF THE HARMONY ROAD/COLLEGE AVENUE INTERSECTION PROJECT WHEREAS, in February 2008, the City Council approved the appropriation of state and federal funds for the Harmony Road and College Avenue Intersection Project (the "Project") and entered into a contract with the Colorado Department of Transportation("CDOT")regarding funding and construction of the Project; and WHEREAS, City Council has heretofore determined that the Project is necessary and in the best interests of the City because the intersection of Harmony Road and College Avenue is one of the highest volume intersections in the City and is presently operating at a Level of Service D and is anticipated to operate in the future at a Level of Service F and, accordingly, is in need of the improvements proposed in the Project; and WHEREAS, additional state and federal funds earmarked as(1) Congestion Relief Federal Funds in the amount of$627,000, and(2)Hazard Elimination&Safety Funds, Kensington Median in the amount of$120,000 (for a total of$747,000) have been made available to the City; and WHEREAS, the addition of these funding sources requires an amendment to the City's contract with CDOT for the Project; and WHEREAS, City Council has determined that the amendment is in the best interests of the City and that the Mayor should be authorized to execute the proposed amendment agreement. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the Mayor is hereby authorized to execute an amendment agreement to the contract with the Colorado Department of Transportation for the purpose of adding funding in the amount of SEVEN HUNDRED FORTY SEVEN THOUSAND DOLLARS ($747,000)of state and federal funds to be used for the construction of the Harmony Road and College Avenue Intersection Project. Passed and adopted at a regular meeting of the Co cil of the City of Fort Coll' s this 2nd day of February, A.D. 2010. L /' y Mayor ATTEST: City Clerk