RESOLUTION NO. 110-00

A RESOLUTION ACCEPTING A GRANT FOR FEDERAL-AID FUNDS FROM THE TRANSPORTATION EQUITY ACT FOR THE 21^ST CENTURY OF 1998 (TEA-21) FOR THE PROJECT IDENTIFIED AS STM M555-012, 13078, MINOR WIDENING OF 29 ROAD IMPROVEMENT PROJECT, PHASE I

RECITALS:

The City Council of the City of Grand Junction, hereby resolved in Resolution No. 110-00 to enter into a contract with the State of Colorado, Department of Transportation to participate in a Federally funded project to improve widen 29 Road beginning near the

I-70 Business Loop and proceeding north past North Avenue to Bunting Avenue.

The total cost of the preliminary engineering, material and construction of the path are to be funded as follows

a. Federal participating funds            

(82.79% of $433,689.00)                  $359,051.00

b.  Local Agency Share (17.21%)              $ 74,638.00

c. Local Agency Non Participating Costs          $ 12,887.00

TOTAL PROJECT FUNDS                $446,576.00

BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION, AS FOLLOWS:

The City Council approves the matching of Federal funds with City funds in the amount of $87,525.00

PASSED and APPROVED this 15^th day of November, 2000.

                       /s/ Gene Kinsey          

                       Mayor, City of Grand Junction

Attest:

/s/ Stephanie Nye        

City Clerk