8864-16 Signalization Upgrade Along Hilliard & Franklin

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Please substitute for Resolution No. 8864 -16. 1st Reading & Referred to the Public Works Committee 4/4/2016. RESOLUTION NO. 8864 -16 BY: Anderson, Bullock, Litten, Marx, O'Leary, O'Malley. A RESOLUTION to take effect immediately provided it receives the affirmative vote of at least five members of Council, or otherwise to take effect and be in force after the earliest period allowed by law, appropriating the estimated sum of $30954441,118.00 for and authorizing the Mayor to enter into an agreement which will allow the City of Lakewood to participate in the upgrade and interconnection of traffic signals along Hilliard Road and Franklin Boulevard in the City with the Ohio Department of Transportation. WHEREAS, on May 4, 2015, the City enacted legislation proposing cooperation with the Director of Transportation for the described project, which consists of the construction of interconnect traffic signals along Hilliard Road and Franklin Boulevard, lying within the city of Lakewood; and WHEREAS, the City shall cooperate with the Director of Transportation in the above - described project by assuming and bearing 100 percent of the entire cost of the improvement within city limits, less the amount of Federal -aid NOACA funds set aside by the Director of Transportation for the financing of this improvement from funds allocated by the Federal Highway Administration, U.S. Department of Transportation; and assuming and bearing 100 percent of the cost of preliminary engineering and right of way charges, excluding in -house preliminary engineering and right of way charges, incurred by the State; and WHEREAS, the share of the cost of the City is now estimated in the amount of $509,754.00, but said estimated amount is to be adjusted in order that the City's ultimate share of said improvement shall correspond with said percentages of actual costs 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 the same to this legislative authority; and WHEREAS, the City desires the Director of Transportation to proceed with the aforesaid highway improvement; and WHEREAS, this Council by a vote of at least five members thereof determines that this resolution is an emergency measure, and that this resolution shall take effect at the earliest date possible as set forth in Article III, Sections 10 and 13 of the Second Amended Charter of the City of Lakewood, and that it is necessary for the immediate preservation of the public property, health and safety, and to provide for the usual daily operation of municipal departments and for the scheduling of street improvement projects; now, therefore, BE IT RESOLVED BY THE CITY OF LAKEWOOD, OHIO: Section 1. The estimated sum of $309,- 754441,118.00 is hereby appropriated for the improvement described above and the fiscal officer is hereby authorized and directed to issue an order on the treasurer for said sum upon the requisition of the Director of Transportation to pay the cost and expense of said improvement. The City hereby agrees to assume in the first instance, the share of the cost and expense over and above the amount to be paid from federal funds.