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HomeMy WebLinkAboutResolution No. 07-061 RESOLUTION NO. 07- (SJ1..f' / A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS, IDENTIFYING AND PRIORITIZING ELIGIBLE PROJECTS TO BE SUBMITTED TO THE NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS FOR FUNDING CONSIDERATION WITH THE PROCEEDS FROM S.H. 121 COMPREHENSIVE DEVELOPMENT AGREEMENT CONCESSION PAYMENTS; AND PROVIDING AN EFFECTIVE DATE WHEREAS, the North Central Texas Council of Governments (hereinafter "NCTCOG") has issued an offer for local projects to be submitted to compete for available Comprehensive Development Agreement (hereinafter "CD A") concession funds; and WHEREAS, the staff has compiled a list of eligible transportation projects, which is attached hereto and incorporated herein as Exhibit "A," for submission to the NCTCOG if the Council desires such submission; and WHEREAS, the City Council finds it would be beneficial to the City to identify and prioritize projects, which are attached hereto and incorporated herein as Exhibit "A," to be submitted to the NCTCOG for funding consideration with the proceeds from S.H. 121 CDA concession payments. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS THAT: Section 1. The City Council hereby identifies and prioritizes the lists of eligible projects, which is attached hereto and incorporated herein as Exhibit "A," to be submitted to the NCTCOG for funding consideration with the proceeds from S.H. 121 CDA concession payments. Section 2. This Resolution shall become effective immediately from and after its passage, as the law and charter in such cases provides. '(/~ PASSED, APPROVED and EFFECTIVE this 11 day of June 2007. uf~vJ W~ Christie Wilson, City Secretary, Page 1 TM 17555.76.000 Page 2 TM 17555.76.000 ATTACHMENT A CDA Projects - The Colony projects for CDA funding consideration * Council Priority Project 18-Jun-07 1 Construct Memorial Drive underpass under BNSF railroad to access Spring Creek Dr. Resubmit project request to provide "unconditional" funding authorization 2 Widen Plana Parkway to 6 lanes (inside) from SH 121 to City limits south of Indian Creek Coordinate with City of Carrollton to widen PP to FM 544 3 Widen North Colony Blvd. to 6 lanes (outside) from Paige Road to commercial center west of Main Street 3 Widen Memorial Drive to 6 lanes from Paige Road to Standridge Drive to improve travel efficiency and minimize conflicts through commercial area 5 Construct Headquarters Drive from Spring Creek to Piano Parkway Coordinate with City of Plana 6 Install traffic signals to improve intersection efficiency at: Memorial and Standridge; Memorial and S ColonYI and Memorial and Morningstar 7 Consider Paige Road extension north into Frisco connecting with Teel Parkway "Out of the box" idea to relieve congestion on FM 423. * By City Council Resolution June 181 2007