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HomeMy WebLinkAboutRes 101403-EE - Agmt TxDot IH35 ImproveA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS APPROVING THE ENTRY INTO AN AGREEMENT WITH THE TEXAS DEPARTMENT OF TRANSPORTATION (TXDOT) REGARDING THE ADVANCE FUNDING AGREEMENT FOR VOLUNTARY TRANSPORTATION IMPROVEMENT PROJECTS (ON -SYSTEM) FOR FRONTAGE ROAD IMPROVEMENTS ON IH 35 FROM SH 29 SOUTHBOUND TO RM 2243 IN GEORGETOWN. WHEREAS, as part of the Development Agreement with Simon Property Group, Inc., the City of Georgetown has determined that certain public road improvements will be required to IH 35 from SH 29 Southbound to RM 2243; and WHEREAS, the City of Georgetown has determined that it is in the public interest to make such improvements; and WHEREAS, the public road improvements would consist of constructing a bridge structure within the limits of a new frontage road; and WHEREAS, the State of Texas, through the Texas Department of Transportation, pursuant to Chapters 201 and 221 of the Texas Transportation Code, has provided the City of Georgetown with an Advance Funding Agreement which provides that TxDOT will prepare the engineering plans, specifications and estimates for the project; prepare and competitively bid the project; and supervise the construction work. The City of Georgetown shall be responsible for the construction costs and other associated administrative expenses. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS THAT: SECTION L Century Plan Compliance. 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. The City Council hereby finds that this resolution implements the following policies of the Century Plan - Policy Plan Element: 1. Policy Statement 1.0: Citizens of Georgetown experience a stable, self-sustaining economy with expanding job opportunities. 2. Policy Statement 10.0: Citizens and commercial goods move safely and efficiently throughout all parts of the city. SECTION 2. The Mayor is authorized to sign the "Advance Finding Agreement for Voluntary Transportation Improvement Project (On -System) CST: 0015-08-119." SECTION 3. This resolution shall be effective immediately upon adoption. RESOLVED TO BE EFFECTIVE this October 14, 2003. APPPOVFrl- APPROVED AS TO FORM: Patricia E. Carls City Attorney ATTEST,:-` JAP Sandra D. Lee City Secretary