HomeMy WebLinkAboutRES 2953 CITY OF RENTON, WASHINGTON
RESOLUTION NO. 2953
A RESOLUTION OF THE CITY OF RENTON, WASHINGTON,
COMMITTING CITY MATCHING FUNDS AND AUTHORIZING THE MAYOR
TO APPLY TO THE ECONOMIC DEVELOPMENT ADMINISTRATION FOR
GRANT FUNDS, TO ACCEPT SAID AWARD AND TO SIGN ALL
DOCUMENTS AS ARE REQUIRED THEREFORE FOR ROAD IMPROVEMENTS
ON PARK AVENUE NORTH FROM N. 4TH ST. TO N. 10TH ST. AND
AT THE INTERSECTION OF PARK AVENUE AND LAKE WASHINGTON
BOULEVARD.
WHEREAS, the City has determined the need to undertake the
above-referenced projects and has duly adopted these projects as
part of its Six-Year Transportation Improvement Program; and
WHEREAS, the City deems it necessary to apply to the Economic
Development-Administration, US Department of Commerce, for a grant
:for the:se . road. •improvements, located .in the North Renton Industrial
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�_ar:ea �adj ac.ent to Park..Avenue North; and
',`WHEREAS,-the projected project cost -is $3, 200, 000, the City is
applying for aFederal EDA grant of $1,000, 000, the City has
already been approved for a State Urban Arterial Trust Account
grant for $1, 840, 000, and the City has budgeted $360, 000 of City
funds as its share of the matching funds; and
WHEREAS, the City is also requesting the EDA for an additional
$360, 000 to replace the City matching funds, which can then be
applied to the Houser Way Relocation project; and
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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 EDA grant.
RESOLUTION NO: 2953
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON,
WASHINGTON, DO RESOLVE AS FOLLOWS:
SECTION I. The above recitals are found to be true and
correct in all respects .
SECTION II. The Mayor is hereby authorized to make
application to the EDA for grant funds for the above-noted
transportation improvements .
SECTION III. The Mayor and City Clerk are hereby authorized
to accept said grant award and to sign all documents as are
required therefore.
SECTION IV. The City hereby commits as matching funds for
. -the.:-abov_e.-noted.. :ran.sp"ortation. improvements .$360, 000 cash currently-
in=h.a-nd,�and ,aV_aia:ab-le -:for.,"wimmedi:ate, disburs..ement' upon:-the award of
th'e ";;grant by :.EDA.:
PASSED._-BY._2.THE7' 'I TY::CUUNCIL.th.is. Ist day of March.,. 1.993...
Marilyn etersen, City Clerk
APPROVED BY THE MAYOR this 1st day of March, 1993 .
f
Bob Edwards, Mayor pro .tem
Approved , s to form:
Lawrence J. War n, City Attorney
RES.267 : 3/2/93 :as .
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