6494-90 Proceed with Madison Ave Improvements

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FINAL RESOLUTION Adopting Plans; Proposing to Cooperate; Requesting Director to Proceed; (Chapter 5521, Ohio Revised Code) RESOLUTION NO: 6494-90 BY: Boscia, Gallagher, Gazzana, George, Graham, Roth, Smith A Resolution adopting plans, proposing to cooperate and requesting Director to proceed in the improvement of Madison Avenue from Riverside Drive (SR 237) to West ll7th Street, in the City of Lakewood, Ohio. Council Member Boscia , moved the adoption of the following Resolution: WHEREAS, At a meeting of the legislative authority of Lakewood, Ohio, held in the office of said legislative authority on this 7th day of _ May , 1990, a quorum being present, the improvement of Madison Avenue, under the provisions of Chapter 5521, Ohio Revised Code, came on for further consideration; said portion of highway as described in the legislation proposing cooperation with the Director of Transportation, enacted on the 2nd day of March, 1987, being described as follows: The repair and resurfacing of Madison Avenue from Riverside Drive (SR 237) to West ll7th Street in the City of Lakewood. Total length of work being approximately 2.669 miles ; and WHEREAS, In said legislation proposing cooperation, said legislative authority proposes to cooperate with the Director of Transportation in the improvement of Madison Avenue, by assuming and contributing the entire cost and expense of the improvement less the amount of Federal Funds set aside by the Director of Transportation for the financing of this improvement from funds allocated by the Federal Highway Administration; and further, the City agrees to bear one hundred percent (100%) of the cost of Preliminary Engineering. The Director of Transportation notwithstanding the percentage basis of contribution may allocate the money contributed in whatever manner hemay deem necessary in financing the cost of construction, rights-of-way, engineering and incidental expenses. The total share of the cost for the City of Lakewood, Ohio, is now estimated in the amount of Five Hundred Fifty Eight Thousand One Hundred Fifteen O0/lO0 Dollars, ($558,115.00), less Issue #2 Funds granted for the construction phase of this improvement by the Ohio Public Works Commission for Construction and Construction Engineering in the amount of Five Hundred Forty Six Thousand Three Hundred Fifteen -O0/lO0 Dollars, ($546,315.00), leaving an estimated balance presently due the State of Ohio from the City of Lakewood in the amount of Eleven Thousand Eight Hundred - -O0/lO0 Dollars, {$11,800.00), but said estimated amount is to be adjusted in order that the City's ultimate share of the cost of said improvement sh'all correspond with said percentages of actual cost when said actual costs are determined ; and WHEREAS, The Director of Transportation has approved said legislation proposing cooperation and has caused to be made plans and specifications and an estimate of cost and expense for improving the above described highway and has transmitted copies of same to this legislative authority ; and WHEREAS, This legislative authority desires the Director of Transportation to proceed with the aforesaid highway improvement.