SUBJECT:
Title
A Resolution of the Town Council of the Town of Erie Approving an Intergovernmental Agreement to Share Costs for the Preliminary and Environmental Engineering and Design of Colorado State Highway 7
Body
DEPARTMENT: Planning & Development
Department
PRESENTER(S): Miguel Aguilar, Senior Transportation Planner
First Name Last Name, Title
FISCAL SUMMARY:
Cost as Recommended: $86,250.00
Balance Available: $86,250.00
Budget Line Item Number: 300-70-110-605000-247008
New Appropriation Required: No
POLICY ISSUES:
This IGA aligns with addressing safety on local and regional roads.
STAFF RECOMMENDATION:
Recommendation
Staff recommend agreeing to the IGA as funds were previously allocated for this project and doing so fulfills the Town’s commitment to be a regional partner in transportation improvements on CO 7.
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The City and County of Broomfield was awarded a DRCOG Transportation Improvement Program (TIP) grant for improvements on Colorado State Highway 7 from Lowell Blvd to Sheridan Pkwy for preliminary and environmental engineering work. During the application process, Broomfield requested funding commitments from regional agencies along CO 7. At the time, the Town of Erie committed $86,250 for this project. This IGA confirms and obligates the funding and payment to the City and County of Broomfield. The Town of Erie will remain a partner in the project.
COUNCIL PRIORITY(S) ADDRESSED:
ü Attractive Community Amenities
ü Well-Maintained Transportation Infrastructure
ü Safe and Healthy Community
ü Effective Governance
ü Environmentally Sustainable
ü Fiscally Responsible
ATTACHMENT(S):
1. IGA to CO Highway 7 Priority 1A Preconstruction Funding