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(Resolution/Ordinance No. 2020-84) PID No. 105887 <br />FINAL RESOLUTION <br />The following Final Resolution enacted by the City of North Olmsted, Ohio, hereinafter <br />referred to as the Legislative Authority/Local Public Agency or "LPA", in the matter of the <br />stated described project. <br />WHEREAS, on the 18th day of August, 2020, the LPA enacted legislation proposing <br />cooperation with the Director of Transportation for the described project: <br />The project consists of resurfacing Brookpark Road (S.R. 17) between Lorain <br />Road and the eastern North Olmsted corporation limit, including gateway <br />enhancements at Lorain Road and at I.R. 480, lying within the City of North <br />Olmsted; and <br />WHEREAS, the LPA shall cooperate with the Director of Transportation in the above <br />described project as follows: <br />The City agrees to assume and bear one hundred percent (100%) of the entire <br />cost of the improvement within the city limits, less the amount of Federal -Aid <br />funds set aside by the Director of Transportation for the financing of this <br />improvement from funds allocated by the Federal Highway Administration, U. <br />S. Department of Transportation. <br />The share of the cost of the LPA is now estimated in the amount of One Million Four <br />Hundred Three Thousand Four Hundred Eighty -Eight and - - - - 00/100 Dollars, <br />($1,403,488.00), but said estimated amount is to be adjusted in order that the LPA's <br />ultimate share of said improvement shall correspond with said percentages of actual costs <br />when said actual costs are determined; and <br />WHEREAS, The Director of Transportation has approved said legislation proposing <br />cooperation and has caused to be made plans and specifications and an estimate of cost <br />and expense for improving the above described highway and has transmitted copies of <br />the same to this legislative authority; and <br />WHEREAS, The LPA desires the Director of Transportation to proceed with the <br />aforesaid highway improvement. <br />