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HomeMy WebLinkAboutRES 011023-5.H - TxDot Funding AgreementRESOLUTION NO. Q 1 101-3 - S• If A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE AN ADVANCE FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION RELATED TO SAFETY LIGHTING FOR WILLIAMS DRIVE FROM JIM HOGG TO SHELL ROAD. WHEREAS, the Texas Transportation Commission passed Minute Order Number 116292 authorizing the State to complete engineering and construction of safety lighting improvements called the "Project"; and WHEREAS, on May 1, 2021, City of Georgetown voters approved bond propositions authorizing road projects including replacing the existing center turn lane on Williams Drive with a landscaped median, with median openings and left turn bays at strategic locations, to create a four -lane divided roadway from DB Wood Road to IH 35; and WHEREAS, the City of Georgetown will provide the remainder of the Project engineering and construction funds, plus any cost overruns. 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 into the Advance Funding Agreement with the Texas Department of Transportation related to safety lighting improvements from Jim Hogg Road to Shell Road. SECTION THREE. The City Manager is hereby authorized to negotiate and execute an Advance Funding Agreement with the Texas Department of Transportation for safety lighting improvements from Jim Hogg Road to Shell Road. and the City Secretary to attest thereto, on behalf of the City. SECTION FOUR. This Resolution shall take effect immediately upon its passage and approval by the Georgetown City Council. ATTEST: PASSED AND APPROVED on the f� day of 2023. CITY OF GEORGETOWN, TEXAS Resolution No. 0110 Page 1 of 2 Date Approved_Uq4v� IDS By Robyn ❑ smore, City Secretary APPROVED AS TO FORM: ,a/L-I. da-�� Skye arson, ity Attorney Resolution No.12i Page 2 of 2 Date Approved