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HomeMy WebLinkAboutRES 3064 CITY OF RENTON, WASHINGTON RESOLUTION NO. 3064 A RESOLUTION OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING THE MAYOR AND CITY CLERK TO ENTER INTO AN INTERLOCAL COOPERATIVE AGREEMENT WITH THE WASHINGTON STATE DEPARTMENT OF TRANSPORTATION FOR THE RECEIPT AND USE OF GRANT MONIES FOR THE STREET OVERLAY PROGRAM FOR GRADY WAY - SR-167 TO SR-515, TALBOT ROAD SOUTH - SOUTH 23RD STREET TO SOUTH 27TH PLACE, AND NORTH 4TH STREET - LOGAN AVENUE NORTH TO SR-900. WHEREAS, the City of Renton has determined that there is a need to undertake a street overlay program for Grady Way - SR-167 to SR-515, Talbot Road South - South 23rd Street to South 27th Place, and North 4th Street - Logan Avenue North to SR-900 and has duly adopted these projects as part of its Six-Year Transportation Improvement Program; and WHEREAS, the state is prepared to give the City of Renton a grant from the Intermodal Surface Transportation Efficiency Act ( ISTEA) to undertake the expansion of the Street Overlay Program; and WHEREAS, the projected project cost is $353, 314 .45; and WHEREAS, the City plans to raise that sum by applying for a Federal Intermodal Surface Transportation Efficiency Act ( ISTEA) grant of $305, 617 . 00 and budgeting $47, 697 .45 of City funds as its share of the matching funds; and WHEREAS, it is necessary to adopt a resolution authorizing the Mayor to sign the required grant documents and certifying the availability of the City' s commitment to providing the matching funds for the ISTEA grant; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO RESOLVE AS FOLLOWS : RESOLUTION NO. 3064 SECTION I . The above recitals are found to be true and correct .in all respects . SECTION II . The Mayor and City Clerk are hereby authorized to enter into an Interlocal Cooperative Agreement with the Washington State Department of Transportation for grant funding for the Street Overlay Program. PASSED BY THE CITY COUNCIL this 6th day of June , 1994 . Marily Petersen, City Clerk APPROVED BY THE MAYOR THIS 6th day of June , 1994 . E rl Clymer, Myor :Approved as to form: LaJWnce J. Wariefi, City Attorney RES. 380 :5/20/94 :as . 2