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HomeMy WebLinkAbout1978-020-03/21/1978-AUTHORIZING THE CITY MANAGER TO ENTER INTO A FUNDING AGREEMENT WITH THE STATE DEPARTMENT OF HIGHWAYS RESOLUTION 78-20 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE CITY MANAGER TO ENTER INTO A FUNDING AGREEMENT WITH THE STATE DEPARTMENT OF HIGHWAYS, DIVISION OF HIGHWAYS, STATE OF COLORADO FOR THE PURPOSE OF CONSTRUCTING AND INSTALLING A MASTER SIGNAL CONTROL SYSTEM FOR THE CITY OF FORT COLLINS WHEREAS, the City of Fort Collins is eligible for State Highway Department Transportation assistance through the Federal Aid Primary Type II System (Urban Systems) , and WHEREAS, the City has applied for such assistance in connection with a Master Signal Control System for the streets of the City of Fort Collins, and WHEREAS, under the terms of such agreement, the City shall be responsible for the payment of 26% of the total cost of said project, which amount is presently estimated to be $78,936 00, and WHEREAS, it is the determination of the Council of the City of Fort Collins that said project is in the better interest of the City of Fort Collins and ought to be completed as soon as possible NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Manager and the City Clerk be, and they hereby are, authorized and directed to enter into and execute agreements, subject to approval as to legal form by the City Attorney, between the City and the State Department of Highways, Division of Highways, State of Colorado, pertaining to the project described above Passed and adopted at a regular meeting of the City Council held this 21st day of March 1978. ATTEST Mayor i tyT fer c