Loading...
HomeMy WebLinkAboutResolution 2009-035 funding LGIP account for twin peaks interchangeMARANA RESOLUTION N0.2009-35 RELATING TO PUBLIC WORKS; AUTHORIZING THE MAYOR TO EXECUTE ALL DOCU- MENTSNECESSARY TOFACILITATE THE FUNDING OF THE $15,000,000 LGIP ACCOUNT WITH THE STATE TREASURER' S OFFICE AS REQUIRED BY PARAGRAPH II (2)(k)(i) OF THE AUGUST I, 2007 INTERGOVERNMENTAL AGREEMENT BETWEEN THE STATE OF ARIZONA AND THE TOWN OF MARANA FOR THE I-10 TRAFFIC INTERCHANGE AT TWIN PEAKS; AND DECLARING AN EMERGENCY WHEREAS the Town of Marana and the State of Arizona, acting by and through its Depart- ment of Transportation, entered into an Intergovernmental Agreement dated August 1, 2007 (the "ADOT IGA") concerning the construction of the I-10 Traffic Interchange at Twin Peaks (the "Pro- f ect"); and WHEREAS Paragraph II (2)(k)(i) of the Marana/ADOT IGA requires the Town to make a deposit of $15,000,000 to the State prior to bid award of the construction contract for the Project in the LGIP Account with the State Treasurer's office (the "ADOT LGIP Account"); and WHEREAS the Town and the Regional Transportation Authority of Pima County (the "RTA") entered into an Intergovernmental Agreement for the design and construction of the I-10 Twin Peaks Traffic Interchange on February 6, 2008 (the "RTA IGA"); and WHEREAS the RTA IGA provides for RTA funding in a maximum amount of $30,752,000 for the Project; and WHEREAS the RTA's standard procedures and the RTA IGA do not provide for up-front funding of public works projects, but rather require payments to be made as construction is com- pleted; and WHEREAS the Town Council desires to give the Mayor full authority to execute all docu- mentationnecessary orbeneficial to facilitate the funding of the ADOT LGIP Account as required by the ADOT IGA, so that the construction contract for the Project may be promptly awarded and the construction may promptly begin. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, as follows: Section 1. The Mayor is hereby authorized to execute an amendment to the RTA IGA, if one can be negotiated, that provides direct funding into the ADOT LGIP Account required under the ADOT IGA. Resolution 2009-35 - I - Section 2. The Mayor and Town Manager are hereby authorized to execute all documentation or agreements necessary or beneficial to obtain loan, grant, or other funding as necessary to satisfy the obligation to fund the ADOT LGIP Account as required under the ADOT IGA, with repayment from reimbursements through the RTA IGA or any other available Marana transportation funding source. Section 3. The Town Manager and staff are hereby directed and authorized to undertake all other and further tasks required or beneficial to carry out the objectives of this resolution and the Town's obligations under the ADOT IGA. Section 4. Since it is necessary for the preservation of the peace, health and safety of the Town of Marana that this resolution become immediately effective, an emergency is hereby declared to exist, and this resolution shall be effective immediately upon its passage and adoption. PASSED AND ADOPTED by the Mayor and Council of the Town of rang, Arizona, this 17th day of March, 2009. =t _.;, . ~;:---- ~~ Mayor Ed Honea ATTEST: f- ~ y ~ ~~ celyn C. ~ onson, Town Clerk APPROyED AS TO FORM: ~ ~ r,, ,. Frank Cassidy, Town Att. ey e`~r~rrrrrjo~ ~~CpRPORAtE~~ " SEAL~~ ~ ~ ''',~~~/ I IA~~ ~~``~ Resolurion 2009-35 - 2 -