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HomeMy WebLinkAbout2013-092-11/19/2013-AUTHORIZING THE MAYOR TO EXECUTE AN INTERGOVERNMENTAL AGREEMENT WITH THE COLORADO DEPARTMENT OF TRAN RESOLUTION 2013-092 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE MAYOR TO EXECUTE AN INTERGOVERNMENTAL AGREEMENT WITH THE COLORADO DEPARTMENT OF TRANSPORTATION IN SUPPORT OF THE DRAKE/SHIELDS INTERSECTION IMPROVEMENTS PROJECT WHEREAS, in 2011, the City's Engineering Department completed an Arterial Intersection Prioritization Study that listed the Shields Street/Drake Road intersection (the "Intersection") as one of the top-ranked locations in the City for needed safety and operational improvements; and WHEREAS, the Intersection has experienced a higher-than-average vehicle accident rate and also experiences significant traffic congestion and delay; and WHEREAS, City staff is recommending the proposed construction of improvements at the Intersection that would_ improve safety and overall efficiency for vehicles, bicycles and pedestrians and help reduce the accident rate at the Intersection; and WHEREAS, these improvements would consist of adding dedicated right turn lanes to separate through traffic from turning vehicles and reducing the Shield Street/Davidson Drive intersection to a three-quarter movement intersection; and WHEREAS, the proposed improvements to the Intersection would also improve air quality by reducing vehicle wait time; and WHEREAS, in 2012, the City applied for Federal Hazard Elimination grant funds and has obtained a grant for fiscal year 2014 in the amount of$887!400 which, when coupled with Building on Basics intersection existing appropriations as a City match in the amount of$98,600 is sufficient to fund the project which is anticipated to cost $986,000; and WHEREAS, the City Council has determined that it is in the best interests City that the Mayor execute an intergovernmental agreement with the Colorado Department of Transportation for the purpose of obtaining a Federal Hazard Elimination grant in the amount of $887,400 in support of the Intersection improvement project. 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 in support of the Drake/Shields Intersection Improvements Project which will afford the City Federal Hazard Elimination grant funds in the amount of$887,400 with City to provide matching funds in the amount of$98,600 to be obtained through Building on Basics intersection existing appropriations. - 1 - 1 Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 19th day of November, A.D. 2013. Mayo ATTGS FFORTc Depty VI �ADO k - 2 -