RESOLUTION NO. 66-02

A Resolution Authorizing an Agreement between the City of Grand Junction and the Colorado Department of Transportation to utilize FHWA (Federal Highway Administration) Funds to Improve the median along Broadway (Hwy. 340) from the Colorado River west to E. Mayfield Dr.

Recitals:

The Colorado Department of Transportation will oversee this project’s disbursement of an expected project budget of $344,300. Of this total, $275,440 will be provided by FHWA funds, and the balance, $68,860, will be provided jointly by the City of Grand Junction ($40,860), and the Broadway Beautification Committee ($28,000).

The City of Grand Junction will provide project management, overseeing design and construction, and project inspection.

The respective project numbers for the median improvement project are STE M555-019 (CDOT, project code 14042, Broadway Beautification) and F50200 (City of Grand Junction).

The City is ready, willing and able to proceed with the work and the City Council has authorized the City Manager to sign the agreement so that the City staff may deliver the work.

NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION THAT:

1. The City Council hereby authorizes the City Manager to sign Contract for signal communications materials with the Colorado Department of Transportation.

2. The City Council hereby authorizes the expenditure of funds and the commitment of resources, as necessary to meet the terms and obligations of the agreement.

3. This resolution shall be in full force and effect from the date on which it is signed.

PASSED AND APPROVED this 17^th day of July, 2002.

                   /s/: Cindy Enos-Martinez

President of the Council

ATTEST:

/s/: Stephanie Tuin

City Clerk