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RESOLUTION 31-94
00RESOLUTION31-94ARESOLUTIONAPPROVINGTHEENTERINGOFACONTRACTWITHTHESTATEOFCOLORADOFORTHESPRUCEDRIVEBRIDGEREHABILITATIONONFALLRIVERWHEREAS,federalaidfundshavebeenmadeavailableforaprojectidentifiedasBROC060—002fortherehabilitationoftheSpruceDriveBridgeoverFallRiverinEstesPark,Colorado;andWHEREAS,theStateofColorado,DepartmentofTransportationadministersthedisbursementofsaidfederalfunds;andWHEREAS,theestimatedcostoftheProjectisnotexpectedtoexceed$55,000whichistobefundedasfollows:A.Federalparticipatingfunds(80%of$53,000)$42,400.00B.TownofEstesPark(20%of$53,000)10,600.00C.TownofEstesPark(indirectcosts)2,000.00;andWHEREAS,theTownispreparedandhasthelawfulauthoritytobearitsshareofthecostassetforthaboveandintheContractwiththeStateofColorado,whichContractisonfilewiththeTownClerk’sOffice.NOW,THEREFORE,BEITRESOLVEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARK:1.ThattheaboveidentifiedContractwiththeStateofColoradoforthefundingoftheProjectbeandthesameisherebyapproved.2.ThattheMayorandTownClerkareherebyauthorizedanddirectedtoenterintosaidContractandtobindtheTowntothetensthereof,includingthepaymentofapproximately$2,000whichamountrepresents3.8%ofthetotalestimatedcostoftheproject.DATEDTHIS/Sdayof____________________,1994.TOWNOFESTESPARKMayorATTEST:L)TownClerk