RESOLUTION NO. 141-08
A RESOLUTION ACCEPTING FEDERAL AID FUNDS FOR CONSTRUCTION WORK AT THE INTERSECTION OF 23 ROAD AND G ROAD, AUTHORIZING CITY MATCHING FUNDS AND AUTHORIZING THE CITY MANAGER TO SIGN INTERGOVERNMENTAL AGREEMENT WITH THE COLORADO DEPARTMENT OF TRANSPORTATION
Recitals:
The City has requested funds from the Federal Hazard Elimination Program for a local construction project to be completed at the intersection of 23 Road and G Road. The project consists of a right-of-way acquisition and incidentals, design and construction of a roundabout and associated intersection improvements.
Federal aid funds were awarded to the City for the Hazard Elimination Program, through an Intergovernmental Agreement (IGA) between the Colorado Department of Transportation (CDOT) and the City of Grand Junction. The Project Number is SHO M555-027 (16730). A total amount of $828,000.00 is awarded to the City from the Program and pursuant to the IGA, the City must contribute matching funds in the amount of $92,000.00.
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION THAT:
Federal aid funds in the amount of $828,000.00 awarded to the City for construction work at 23 Road and G Road are hereby accepted and that the City Manager is hereby authorized to expend $92,000.00 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 17th of November, 2008.
/s/: Gregg Palmer
President of the Council
ATTEST:
/s/: Stephanie Tuin
City Clerk