HomeMy WebLinkAboutCity Council Resolutions (RESOLUTION R-16-3986)-05/04/2016RESOLUTION R-16-3986
A RESOLUTION APPROVING THE LOCAL PRO]ECT ADVANCE
FUNDING AGREEMENT (LPAFA) BETWEEN THE TEXAS DEPARTMENT
OF TRANSPORTATION AND THE CITY OF COLLEYVILLE REGARDING
FUNDING FOR THE RECONSTRUCTION OF COLLEYVILLE BOULEVARD
(SH26) FROM JOHN MCCAIN ROAD TO HALL-JOHNSON ROAD IN
THE CITY OF COLLEYVILLE AND AUTHORIZING THE CTTY MANAGER
TO EXECUTETHEAGREEMENT
WHEREAS, the Texas Department of Transportation and the City of
Colleyville have entered into an agreement for funding the
reconstruction of Colleyville Boulevard (SH26) from John
McCain Road to Hall-Johnson Road in Colleyville; and
WHEREAS, the Local Project Advance Funding Agreement (LPAFA)
establishes the funding commitments for the federal, state, and
local funding sources; and
WHEREAS, the amount of funding provided by the City of Colleyville will be
limited to the fixed amount of $1,143,420 as identified in
Attachment C; and
WHEREAS, this agreement shall take effect upon full execution of a Local
Project Advance Funding Agreement between all said parties.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF COLLEYVILLE, TEXAS:
Sec. 1
Sec. 2
THAT the Local Project Advance Funding Agreement, attached
as Exhibit "A", is hereby approved.
THAT the city manager is hereby authorized to execute the
agreement.
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APPROVED BY A VOTE OF �- AYES, � NAYS, AND o_ ABSTENTIONS ON
THIS THE /� DAY OF � 2016.
ATTEST:
Amy elley, T C
City Secretary
CITY OF COLLEYVILLE
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David Kelly
Mayor