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HomeMy WebLinkAboutRES 3987CITY OF RENTON,WASHINGTON RESOLUTION NO.3987 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON,AUTHORIZING THE MAYOR AND CITY CLERK TO ENTER INTO AN INTERLOCAL AGREEMENT WITH KING COUNTY METRO TRANSIT REGARDING THE KING COUNTY METRO ROUTE 110 PARTNERSHIP AGREEMENT. WHEREAS,there is a current need for mid-day,off-peak service to large employment sites and attractions in Renton;and WHEREAS,King County Metro Transit has proposed an agreement that would extend thirty (30)minute service between the hours of9:00 AM and 3:00 PM by adding twenty-five (25) additional trips to Route 110 and extend the route to the south to S.W.2ih Street and to the north to Gene Coulon Park;and WHEREAS,the agreement would be a cost sharing arrangement with the City paying one- third of the annual estimated cost in year one of $199,743.57,the full year cost estimated to be $599,230.71;and WHEREAS,over the five year life of the agreement the total cost to Renton would be $998,717.85;and WHEREAS,it is in the best interest of the citizens and business within the City to sign this agreement to provide the expanded service on King County Metro Route 110; NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON,DOES RESOLVE AS FOLLOWS: • SECTION I.The above recitals are found to be true and correct in all respects. SECTION II. RESOLUTION NO.3987 The Mayor and City Clerk are hereby authorized to enter into the inter-local agreement entitled Transit Service Direct Financial Partnership Agreement By and Between King County and the City of Renton,Washington. PASSED BY THE CITY COUNCIL this 1st day Of_--'='-D""'-ec""e",...ID""b"'-'e"'-'r=--__,2008. Bonnie I.Walton,City Clerk APPROVED BY THE MAYOR this 1st day of_---=D:....::e:....::c:....::e:..=ID=b.=e.=.r ,2008. (),VJ _ !&!J4tw A.4i1f--L__ Denis Law,Mayor -Approved as to form: ~..._.,.,~t..____ Lawrence 1.Warren,City Attorney RES.1388:11/17/08:scr 2