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HomeMy WebLinkAbout07-27-23-6.3 - Resolution - 07/27/2023Resolution FM 60 Veterans Pkwy AFA RESOLUTION NO. 07-27-23-6.3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS, APPROVING AN ADVANCE FUNDING AGREEMENT WITH THE STATE OF TEXAS ACTING THROUGH THE TEXAS DEPARTMENT OF TRANSPORTATION AUTHORIZING THE PARTICIPATION IN THE COST OF TRAFFIC SIGNAL IMPROVEMENTS ON FM 60 (UNIVERSITY DRIVE) AT THE INTERSECTION OF VETERANS PARKWAY. WHEREAS, FM 60 is owned and maintained by the Texas Department of Transportation (“TXDOT”); and WHEREAS, the TXDOT has deemed it necessary to make certain highway improvements generally described as traffic signal improvements on FM 60 (University Drive) at the intersection of Veterans Parkway (the “Project”); and WHEREAS, any construction or improvements on TXDOT right of way must be approved through the TXDOT permitting process; and WHEREAS, the City of College Station desires to participate in the Project by funding portions of the Project including utility, environmental, engineering and construction costs for the installation of a traffic signal; and by entering into this Advance Funding Agreement for Surface Transportation Block Grant (STBG) On-System. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS: PART 1: That the City Council hereby approves the agreement with TXDOT to contribute an amount not to exceed $260,000 for the costs associated with construction of the traffic signal improvements at the intersection of FM 60 and Veterans Parkway. PART 2: That the City Council herby authorizes the City Manager to execute the agreement. PART 3: That this resolution shall take effect immediately from and after its passage. ADOPTED this 27th day of July 2023. ATTEST: APPROVED: City Secretary Mayor APPROVED: City Attorney