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HomeMy WebLinkAboutRES 082217-J - Fund Agmt TxDot NW Blvd IH35RESOLUTION NO. of a+ y J A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS AUTHORIZING THE MAYOR TO SIGN THE ADVANCE FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION RELATED TO THE NORTHWEST BOULEVARD IH 35 OVERPASS. WHEREAS, the Texas Transportation Commission passed Minute Order Number 114670, authorizing the State to undertake and complete a highway improvement generally described as the construction of a new overpass crossing on IH 35 at Northwest Boulevard called the "Project"; and WHEREAS, on May 9, 2015, City of Georgetown voters approved bond propositions authorizing road projects including construction of the Northwest Boulevard Bridge which includes the Project; and WHEREAS, the City of Georgetown has completed preliminary schematic, design, and construction plans for the Project which is an on -system Texas Department of Transportation (TxDOT) facility; and WHEREAS, TxDOT has assigned a Control -Section -Job number assigned to all on -system public highways in Texas of CSJ #0015-08-152; and WHEREAS, the Advance Funding Agreement between TxDOT and the City allocate funds including a City contribution of approximately $2,625,000 for the design and construction of the Project. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN TEXAS: SECTION ONE. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be true and correct, and are incorporated by reference herein and expressly made a part hereof, as if copied verbatim. SECTION TWO. The City Council of the City of Georgetown finds it to be in the best interest of the citizens of Georgetown to enter in the Advance Funding Agreement with the Texas Department of Transportation related to the construction of the overpass crossing on IH 35 at Northwest Boulevard. Resolution No. Page 1 of 2 Date Approved aa�� SECTION THREE. The Mayor is hereby authorized to sign this Resolution and the Advance Funding Agreement and the City Secretary to attest thereto, on behalf of the City. SECTION FOUR. This Resolution shall become effective on the day of 2017. PASSED AND APPROVED on the day of 2017. ATTEST: Shelley Now n City Secretar APPROVED AS TO FORM: Charlie McNabb, City Attorney CITY OF GEORGETOWN, TEXAS By:0,&1, Dale Ross, Mayor Resolution No. Page 2 of 2 Date Approved % a OS