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HomeMy WebLinkAbout2013-003-02/05/2013-AUTHORIZING THE MAYOR TO EXECUTE AN INTERGOVERNMENTAL AGREEMENT WITH THE COLORADO DEPARTMENT OF TRAN RESOLUTION 2013-003 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE MAYOR TO EXECUTE AN INTERGOVERNMENTAL AGREEMENT WITH THE COLORADO DEPARTMENT OF TRANSPORTATION FOR THE PURPOSE OF RECEIVING FUNDING FOR THE TIMBERLINE ROAD/HORSETOOTH ROAD INTERSECTION IMPROVEMENTS PROJECT WHEREAS, in 2011, City staff completed an arterial intersection prioritization study that listed the Timberline Road/Horsetooth Road intersection as one of the locations most in need of safety and operational improvements; and WHEREAS, the City has received a federally funded grant through the North Front Range Metropolitan Planning Organization under the category of"Congestion Mitigation and Air Quality" (CMAQ) for operational and safety improvements at the Timberline Road/Horsetooth Road intersection (the "Project"), which grant is in the amount of$391,001; and WHEREAS, the City has available to it from the Building on Basics Intersection Fund an existing appropriation that may be used for matching funds in the amount of$81,279 to secure the CMAQ grant, for a total Project cost of$472,280; and WHEREAS, the City Council has determined that the construction of the Project is in the best interests of the City because it will improve safety and overall efficiency for vehicles,bicycles and pedestrians and will also reduce the accident rate at the intersection and improve air quality by reducing vehicle wait times. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the Mayor is hereby authorized to execute an intergovernmental agreement with the Colorado Department of Transportation to receive funding forthe Timberline Road/Horsetooth Road intersection improvements project in the form of a CMAQ grant in the amount of$391,001 upon the condition that the City provide matching funds in the amount of$81,279 for a total project cost of $472,280. Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 5th day of February, A.D. 2013. a or ATTEST: nSEAL City Clerk