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HomeMy WebLinkAbout1097 ResolutionRESOLUTION NO. 1097 RESOLUTION RELATING TO THE PASCO-KENNEWICK INTERCITY BRIDGE AND APPROVING SUPPLEMENT AGREEMENT NO. 4. WHEREAS, the City of Pasco and the City of Kennewick have heretofore entered into agreements with the State of Washington, acting by and through the Washington State Highway Commission and the Department of Highways for the purpose of obtaining funds to finance the construction of the Pasco -Kennewick Intercity Bridge, and WHEREAS, the Cities of Pasco and Kennewick have been unable to secure sufficient financing to continue to meet their pro -rata share of the construction expenditures on this federal aid project for the period of March 1, 1977, through the project completion as required by existing by federal law and Federal Aid Project Agreement Numbers BRM -5015(2) and FAM -5015(1), and WHEREAS, the State has provided motor vehicle funds for project expenditures becoming due and payable during the period from March 1, 1977, through July 31, 1977, and in accordance with the provisions of Supplemental Agreements No. 2 and 3, and WHEREAS, the Cities are actively seeking and anticipating revision of federal law by October of 1977 thereby reducing the Cities matching the requirements for the project, and WHEREAS, the Cities have requested the State to provide State motor vehicle funds as may be required to enable the Cities to obtain federal aid matching funds for the completion of the project in accordance with and to meet the obligations becoming due and payable by the aforesaid federal -aid project agreements for the period of March 1, 1977, until project completion, said advancements to be.reimbursed promptly to the motor vehicle funds upon revision of federal -aid matching requirements or from other funds that may become available; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO: That the Mayor of the City of Pasco be and he is authorized to execute the document entitled Supplemental Agreement No. 4, attached hereto and by this reference incorporated herein, between the City of Pasco, the City of Kennewick and the State of Washington for the purpose of obtaining advancements from the State of Washington in order to meet the obligations of the Pasco -Kennewick Intercity Bridge construction becoming due and payable by federal aid project agreeements BRM -5015(2) and FMA -5015(1) for the period of March 1, 1977, until the project is completed, said advancements to be reimbursed promptly to the motor vehicle fund upon the revision of the federal aid matching requirements, or from other funds that may become available in accordance with the priorities set forth in the agreement. PASSED BY THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON, this 19 day of July 1977. J n Tidrick, Mayor A T: Wells, Deputy City Clerk APP OVED AS TO RM: chael E. Cooper, City Attorney