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HomeMy WebLinkAbout1999-072-06/15/1999-APPROVING AN IGA WITH CDOT PROVIDING FOR THE CONSTRUCTION OF TRAFFIC SIGNALS AND IMPROVEMENTS AT THE RESOLUTION 99-72 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING AN INTERGOVERNMENTAL AGREEMENT WITH THE COLORADO DEPARTMENT OF TRANSPORTATION PROVIDING FOR THE CONSTRUCTION OF TRAFFIC SIGNALS AND IMPROVEMENTS AT THE INTERSECTION OF COUNTY ROAD 32 AND TIMBERLINE ROAD WHEREAS, the City applied for an allocation of certain Federal Surface Transportation Program funds to be utilized in the construction of traffic signals and intersection improvements at the intersection of Timberline Road and County Road 32 (the "Project"), which Federal Surface Transportation Program funds have been allocated for said Project; and WHEREAS, the Colorado Department of Transportation ("CDOT") has prepared and presented to the City an agreement providing for the City to install said traffic signals and intersection improvements at Timberline Road and County Road 32,under CDOT Project No. STM M455-047; and WHEREAS,the proposed intergovernmental agreement contains a commitment that the City will provide matching funds for the Project at the rate of 18.7% (in the amount of$23,000); and WHEREAS, Colorado law and the City Charter authorize governments to enter into contractual agreements with one another for the purpose of cooperating together in joint activities; and WHEREAS, the Council of the City of Fort Collins has determined that it is in the best interest of the City that the proposed intergovernmental agreement be entered into with the Colorado Department of Transportation for the purpose of installing traffic signals and intersection improvements at Timberline Road and County Road 32. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the Mayor be, and hereby is, authorized and directed to enter into an intergovernmental agreement between the City of Fort Collins and the Colorado Department of Transportation,which agreement shall provide for the installation of traffic signals and intersection improvements at the intersection of Timberline Road and County Road 32 in the total funding amount of$123,000. Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 15th day of June, A.D. 1999. Mayor ATTEST: City Clerk