RESOLUTION NO. 11-14
A RESOLUTION ENTERING INTO AN AGREEMENT WITH THE COLORADO DEPARTMENT OF TRANSPORTATION FOR WORK ON THE I-70 AT HORIZON DRIVE (EXIT 31) INTERCHANGE IMPROVEMENTS PROJECT, AUTHORIZING CITY MATCHING FUNDS AND INKIND SERVICES AND AUTHORIZING THE CITY MANAGER TO SIGN AN INTERGOVERNMENTAL AGREEMENT WITH THE COLORADO DEPARTMENT OF TRANSPORTATION
Recitals:
The City has requested funds from the Colorado Department of Transportation’s (CDOT) Responsible Acceleration of Maintenance and Partnerships (RAMP) program to construct two roundabouts at the ramp termini replacing the three signals improving not only vehicular traffic circulation but also bike and pedestrian access and safety.
RAMP program funds were awarded by CDOT for the project and are documented through an Intergovernmental Agreement (IGA) between the Colorado Department of Transportation (CDOT) and the City of Grand Junction. The Project Number is PROJECT NHPP 0701-223 (19911) and is referred to as RAMP 3-24. A total amount of $5,250,000 is awarded for the project from the Program and pursuant to the IGA, the City must contribute 20% matching funds in the amount of $1,050,000.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION THAT:
State RAMP program funds in the amount of $4,200,000 awarded toward the I-70 at Horizon Drive (Exit 31) Interchange Improvements Project are hereby accepted and that the City Manager is hereby authorized to expend $1,050,000 in matching funds for the project. The City Manager is authorized to execute and enter into the Intergovernmental Agreement with the Colorado Department of Transportation.
PASSED AND APPROVED this 16th day of April, 2014.
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Sam Susuras
President of the Council
ATTEST:
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Stephanie Tuin
City Clerk