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2004-66CITY OF JANESVILLE RESOLUTION NO. 2004-066 A Resolution Authorizing a Project Agreement with the Wisconsin Department of Transportation for the Installation of Traffic Signals at the Intersection of East Milwaukee Street and Lexington Drive in the City of Janesville. WHEREAS, the Common Council of the City of Janesville recognizes the need to install traffic signals at the intersection of East Milwaukee Street and Lexington Drive for increasing vehicular traffic and to improve traffic safety; and WHEREAS, the Wisconsin Department of Transportation has determined said traffic signal installation is eligible for Federal Safety Funds; and WHEREAS, the City of Janesville has scheduled the installation of traffic signals at said intersection in 2005 at an estimated total cost of $95,000; and WHEREAS, the City of Janesville's share of project costs are limited to 10% of the construction costs, now estimated to be $9,500; and WHEREAS, the Common Council finds that this public project and funding are in the best interest of the City and benefit to the community. NOW THEREFORE BE IT RESOLVED by the Common Council of the City of Janesville, that the City Council intends to borrow funds in the 2005 Note Issue for the City's share of said traffic signal installation. BE IT FURTHER RESOLVED, by the Common Council of the City of Janesville that the City Manager be authorized to execute a Project Agreement with the Wisconsin Department of Transportation and take any other action as may be necessary to implement and complete the traffic signal installation at the intersection of East Milwaukee Street and Lexington Drive; and BE IT FURTHER RESOLVED, that the City Manager and his designee(s), on behalf of the City of Janesville, is/are hereby authorized and empowered to negotiate, draft, modify, review, execute and enter into additional agreements, payments and record, file and/or make minor modifications and/or amendments to any and all documents, papers, forms and agreements, and to take whatever other actions as the City Manager may determine, from time to time and at any time, necessary and/or desirable to effectuate the intent of this Resolution and/or project. ADOPTED: July 26, 2004 APPROVED: S-%¢eeven E. Sheiffer, City Manager ATTEST: Jea~/nn Wulf, City Clerk-Treasu~,/ APPROVED AS TO FORM: C~y Attorney Proposed by: Director of Public Works Prepared by: Director of Public Works Motion by: DeGarmo Second by: Tom Wellnitz Councilmember Aye Nay Pass Absent Wellnitz, Tim X Brien X Williams X Wellnitz. Tom X Steeber X DeGarmo X Addie X J/DevelopmentJEngineering/Traffic&ParkingFrraffic Signals/Resolution 2004-66 TrafficSignallnstallationE.Milwaukee&LexingtonDr.072104