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HomeMy WebLinkAbout08-034 Authorizing CM to sign loan and grant agreements with JeffCo for Water St infrastructure improvementsRESOLUTION N0.08-034 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, WASHINGTON, AUTHORIZING THE CITY MANAGER TO SIGN LOAN AND GRANT AGREEMENTS WITH JEFFERSON COUNTY FOR WATER STREET INFRASTRUCTURE IMPROVEMENTS WHEREAS, the City of Port Townsend has received Public Infrastructure Funding (PIF) from Jefferson County in the amount of $360,000 ($180,000 loan amount and $180,000 grant amount} for the City's Water Street Infrastructure Improvements; and WHEREAS, the PIF grant requires a fifty percent (50%) match from other funding sources; and WHEREAS, the PIF grant offsets city expenditures for improvements to Downtown Historic Streetscape project; and WHEREAS, the City Manager must sign the grant agreement with Jefferson County in order to obligate these funds for the design and construction of the Downtown Historic Streetscape project; and WHEREAS, the Downtown Historic Streetscape project has been identified on the recently adopted 6 year Transportation Improvement Plan, 2009-2014 and on the City's 2008 CIP; and WHEREAS, this grant is for the Streetscape work that is currently underway in conjunction with construction of the Northwest Maritime Center; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port Townsend that the City Manager is hereby authorized to sign loan and grant agreements with Jefferson County for Water Street Infrastructure Improvements. ADOPTED by the City Council of the City of Port Townsend at a regular meeting thereof, held this 2nd day of September 2008. Attest: ~~'~ Y ~ Pamela Kolacy, MMC City Clerk t ~-~-c-(-C.,~~ ~-u-- V Michelle Sandoval, Mayor Approved as to form: John Watts City Attorney Resolution 08-034