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HomeMy WebLinkAboutResolution No. 2010-027CITY OF THE COLONY, TEXAS RESOLUTION NO. 2010-&W-7 A RESOLUTION OF THE CITY OF THE COLONY, TEXAS, AUTHORIZING THE MAYOR TO EXECUTE AN INTERLOCAL COOPERATION AGREEMENT WITH DENTON COUNTY FOR REMIMBURSING LOCAL MATCH FUNDING COSTS UP TO $100,000.00 ASSOCIATED WITH THE DESIGN, INSTALLATION, INSPECTIONS, RIGHT-OF-WAY ACQUISITION, UTILITY RELOCATION AND CONSTRUCTION FOR THREE NEW TRAFFIC SIGNALS AT VARIOUS INTERSECTIONS ON MEMORIAL DRIVE FROM STANDRIDGE DRIVE TO MORNING STAR DRIVE; AND PROVIDING AN EFFECTIVE DATE NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: Section 1. That the City Council of the City of The Colony, Texas hereby approves an Interlocal Cooperation Agreement with Denton County for reimbursement of local match funding costs associated with the design, installation, inspections, right of - way -acquisition, utility relocation, and construction for three new traffic signals at various intersections on Memorial Drive from Standridge Drive to Morning Star Drive. Section 2. That the agreement includes reimbursement to the City of The Colony from Denton County for an amount not to exceed $100,000.00 (one -hundred thousand dollars), and that the Mayor is authorized to execute the agreement. Section 3. That this resolution shall take effect immediately from and after its passage. PASSED AND APPROVED by the City Council of the City of The Colony, Texas, this 6th day of April, 2010. TE Christie Wilson, TRM , City Secretary APPROVED AS TO FORM: ff Moor ,'City Attorney