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HomeMy Public PortalAboutResolution No. 266-06 05-09-2006 • RESOLUTION NO. 266-06 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RICHLAND HILLS, TEXAS, APPROVING AN ADVANCE FUNDING AGREEMENT WITH THE STATE OF TEXAS, ACTING THROUGH THE TEXAS DEPARTMENT OF TRANSPORTATION, FOR THE INSTALLATION OF LED LAMPS FOR ALL SIGNAL LIGHTS AT TWO INTERSECTIONS ON GLENVIEW DRIVE AND ONE INTERSECTION ON HANDLEY-EDERVILLE ROAD, SUBJECT TO THE LIMITATION ON CITY FUNDING CONTAINED IN THIS RESOLUTION. WHEREAS, the city wishes to fund specific improvements as part of the State's planned improvement for the installation of LED lamps for all signals at two intersections on Glenview Drive and one intersections on Handley-Ederville Road; and WHEREAS, the State, acting through the Texas Department of Transportation, has requested the City authorize the execution of an Advance Funding Agreement with the State to provide for the City's financial participation • in the project; and WHEREAS, the State has estimated costs of construction for which the City will be liable under the Advance Funding Agreement will be $3,952.00; and WHEREAS, under the Advance Funding Agreement the City is liable for actual construction costs in excess of the estimated costs; and WHEREAS, this Resolution will be attached to and be incorporated into the Advance Funding Agreement as Attachment "A"; NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RICHLAND HILLS, TEXAS: SECTION I. That it approves the attached "Advance Funding Agreement for Voluntary Local Government Contributions to Transportation Improvement Projects for the installation of LED lamps for all signals at two intersections on Glenview Drive and one intersection on Handley-Ederville Road • • SECTION II. That this Resolution is to be attached to the Advance Funding Agreement as Attachment "A", and is incorporated into and is a part of the Advance Funding Agreement. SECTION III. That the condition in this Resolution establishing the City's maximum financial obligation for actual construction costs modifies and controls over any conflicting provision of the Advance Funding Agreement that is not part of this Resolution. PASSED AND APPROVED this 9~h day of May 2006. CITY OF RICHLAND HILLS ~ ' '~'I '.f O y- ~ = N DA S. STRODER, MAYOR 1 ATTEST: ~ ~ ~ ~~~~y~umnn~aa~`~~ K BUTTER, TRMC CITY SECRETARY •