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HomeMy WebLinkAboutRES 092325-5.D - Advanced Funding Agreements with TxDOT for Leander Rd Joint Utility BidRESOLUTION NO. O°1:Z325 -S • D A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND SIGN AN ADVANCE FUNDING AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION RELATED TO THE VOLUNTARY UTILITY RELOCATION CONTRIBUTION FORWATER AND WASTE WATER LINES ALONG LEANDER ROAD (RM2243) FROM SW BYPASS TO NORWOOD DRIVE. WHEREAS, the Texas Transportation Commission passed Minute Order Number 116073 authorizing the State to undertake and complete a highway improvement generally described as the reconstruction of Leander Road (RM 2243) from SW Bypass to Norwood Drive to create a two-lane roadway with center turn lane to four -lane divided roadway with traffic signal and pedestrian improvements (the "Project"); and WHEREAS, the City of Georgetown and the Texas Department of Transportation previously executed an Amended Advanced Funding Agreement for the Project in which the City of Georgetown agreed to participate in the funding of the Project; and WHEREAS, the City of Georgetown possesses water and wastewater facilities that are affected by the above mentioned highway improvement, and the City of Georgetown and the State agrees that it is more economical or efficient for such relocation included in the State's highway construction contract; 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 an Advance Funding Agreement with the Texas Department of Transportation related to the City's voluntary contribution of an estimated one -million seven hundred seventy-one thousand two hundred and five dollars ($1,771.205.00) for the relocation of water and wastewater facilities along Leander Road (RM2243) from SW Bypass to Norwood Drive as part of the State's Project. SECTION THREE. The City Manager is hereby authorized to negotiate and execute an Advance Funding Agreement with the Texas Department of Transportation consistent with this Resolution for AEA/TxLaDI-for 1d� �.( �- ( glat Resolution No. 0123,16 —S• o �J Page 1 of 2 Date Approved&+WdwW 2 +i,1W,S the costs of relocation of water and wastewater facilities along Leander Road (RM2243) from SW Bypass to Norwood Drive. 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. PASSED AND APPROVED on the 23F`kday of ATTEST: CITY OF By: Robyn Den orc, City Secretary APPROVED AS TO FORM: Skye arson, City Attorney osh , 2025. RGETOWN, TEXAS Mayor Resolution No. O9 23Z -S. 4D Page 2 of 2 Date Approved5g*L Mb { A& ZOL,3