HomeMy WebLinkAbout2012-066-08/21/2012-AUTHORIZING THE MAYOR TO EXECUTE AN-INTERGOVERNMENTAL AGREEMENT WITH LARIMER COUNTY TO RECEIVE FUNDI RESOLUTION 2012-066
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE MAYOR TO EXECUTE AN-INTERGOVERNMENTAL, AGREEMENT
WITH LARIMER COUNTY TO RECEIVE FUNDING FOR THE VINE DRIVE
AND SHIELDS STREET INTERSECTION IMPROVEMENTS PROJECT
WHEREAS, in 2011, the City Engineer completed an arterial intersection priority study
which ranked Vine Drive and Shields Street as an intersection in need of safety and operational
improvements; and
- —WHEREAS;the intersection demonstrated poor horizontal geometry,-deficient or nonexistent
bicycle and pedestrian facilities and higher than average vehicle accident rates as well as significant
congestion; and
WHEREAS, an "alternatives analysis" report was prepared by Muller Engineering which
suggests that a single-lane roundabout intersection at this location will outperform a signalized
intersection with respect to safety, right-of-way impacts to local businesses, costs and operations;
and
WHEREAS,Larimer County has made funding available to the City from its"Regional Road
Fee" fund in the amount of$325,000, and
WHEREAS, $219,101 of the Larimer County funding will be counted as the "local agency
match," while$105,899 will be counted as an"overmatch" in support of the Vine Drive and Shields
Street Intersection Improvements project (the "Project"); and
WHEREAS, the City Council has determined that it is in the best interests of the City that
the Mayor execute an intergovernmental agreement with Larimer County to receive these funds in
support of the 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
Latimer County to receive funding for the Project from Larimer County's Regional Road Fee fund
in the amount of$325,000, of which $219,101 will be utilized as local agency matching funds and
$105,899 will be utilized as overmatching funds in support of the Project.
Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 21 st
day of August A.D. 2012. 01
FpORTC Ma Pr ern
ATTEST: A�••• O�
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City Clerk
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