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HomeMy WebLinkAboutR-1988-16 . . RESOLUTION NO. ?f-/l, A RESOLUTION SETTING ASIDE HILLRIDGE STREET BRIDGE PENDING BRIDGE MATCHING FUNDS~ FINDING LAW~ AND PROVIDING AN EFFECTIVE FUNDS FOR THE RECONSTRUCTION OF THE APPROVAL OF FEDERAL-AID OFF-SYSTEM COMPLIANCE WITH THE OPENS MEETING DATE HEREOF~ BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: WHEREAS, the Hillridge Street Bridge needs to be rehabilitated or replaced~ and WHEREAS, the rehabilitation or replacement of the Hillridge Street Bridge is eligible for funding provided through the Federal- Aid Off-System Bridge Program~ and WHEREAS, the Federal-Aid Off-System Bridge Program provides for 80% federal funding and 20% local funding for rehabilitation and replacement of bridges that qualify~ and WHEREAS, the Federal-Aid Off-System Bridge Program further requires that the City of La Porte, in order to participate in the program and receive 80% federal funding for the rehabilitation or replacement of the Hillridge Street bridge, needs to provide confirmation of the city's ability to provide the 20% local matching funding~ and WHEREAS, the total estimated cost for replacement of the bridge on Hillridge Street at Big Island Slough is $252,500.00, of which the City of La Porte would be expected to provide 20%, or approximately $50,500.00~ and WHEREAS, the City o~ La Porte has funds available to commit to the project, and is desirous of rehabilitating or replacing the Hillridge Street bridge~ NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section 1. The City Council of the City of La Porte hereby finds that the above cited recitations and findings of fact are true. Section 2. Provided that the State Department of Highways and Public Transporation obtain federal funds from the Federal-Aid Off- System Bridge Program in the approximate amount of $202,000.00 to be used for the rehabilitation or replacement of the Hillridge . . Page 2 Street bridge, the City of La Porte sets aside $50,500.00 until September 30, 1989. Section 3. The City Council of the City of La Porte directs that the City of La Porte's 20% share of the Hillridge Street bridge rehabilitation or replacement be set aside from the Capital Improvement Fund which shall be depleted by virtue of this expend- iture, in the approximate amount of $34,000.00, with the remainder of the set aside funds, or approximately $16,500.00, to be set aside from the General Fund Contingency account. Section 4. If, the above described earmark funds have not been spent on or before September 30, 1989, the City Council of the City of La Porte directs that all funds be reverted to the General Fund of the City of La Porte. Section 5. That the City Council of the City of La Porte officially finds, determines, recites and declares that a suffi- cient written notice of the date, hour, place and subject of this meeting of the City Council was posted at a place convenient to the public at the offices of the City of La Porte for the time required by law preceding this meeting, as required by the Open Meetings Law, Article 6252-17, Texas Revised Civil Statutes Annotated~ and that this meeting has been open to the public as required by law at all times during which this resolution and the subject matter thereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves and confirms such written notice and the contents and posting thereof. Section 6. That this resolution shall take effect and be in full force immediately upon and after its adoption. PASSED, APPROVED, AND ADOPTED THIS THE ~~ DAY OF ~, 19 g (. . . Page 3 CITY OF LA PORTE BY~~~~ No man M lone, Mayor ATTEST: