File #: 17-779    Name: Bloomdale ILA
Type: Resolution Status: Approved
In control: City Council Regular Meeting
On agenda: 7/31/2017 Final action: 7/31/2017
Title: Consider/Discuss/Act on a Resolution Authorizing the City Manager to Enter Into an Interlocal Agreement with Collin County for Funding the Extension of Bloomdale Road from Community Avenue to CR 164
Attachments: 1. Resolution, 2. Location Map

Title

Consider/Discuss/Act on a Resolution Authorizing the City Manager to Enter Into an Interlocal Agreement with Collin County for Funding the Extension of Bloomdale Road from Community Avenue to CR 164

 

Summary

 

COUNCIL GOAL:                     Direction for Strategic & Economic Growth

 

MEETING DATE:                      July 31, 2017

 

DEPARTMENT:                      Development Services / Engineering

 

CONTACT:                                           Gary Graham, Director of Engineering

 

RECOMMENDED CITY COUNCIL ACTION:

                     Approval of the Resolution.

 

ITEM SUMMARY:

                     This Resolution authorizes the City Manager to enter into an Interlocal Agreement with Collin County to provide funding for the extension of Bloomdale Road from Community Avenue to CR 164. 

 

BACKGROUND INFORMATION:

                     This Interlocal Agreement will provide Collin County bond funds for the extension of Bloomdale Road from Community Avenue to CR 164. 

                     Collin County will provide $4,000,000 towards the total project cost of $10,500,000 as a part of the ongoing partnership to improve regional mobility.

 

FINANCIAL SUMMARY:

                     The County Bond Program provides funding up to 50% of the total project costs.

                     The McKinney match for this project is available in the Capital Improvements Program in ST 4227.

 

BOARD OR COMMISSION RECOMMENDATION:

                     N/A