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14-015 RESOLUTION NO. 14 -015 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS, IN SUPPORT OF THE FM1938 - PHASE 2 TRANSPORTATION ALTERNATIVE PROGRAM PROJECT AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Regional Transportation Council, comprised primarily of local elected officials, is the regional transportation policy board associated with the North Central Texas Council of Governments (NCTCOG) and the regional forum for cooperative decisions on transportation; and, WHEREAS, the Regional Transportation Council approved approximately $28 million for the current Transportation Alternatives Program call for projects on February 13, 2014; and, WHEREAS, the City of Southlake intends to submit a transportation alternative project application for the FM1938 - Phase 2 project to the North Central Texas Council of Governments (NCTCOG) prior to the May 30, 2014 deadline; and, WHEREAS, the Regional Transportation Council requires the submittal of a resolution as part of the Transportation Alternatives Call for Project application submission. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS: SECTION 1. The City of Southlake supports the FM1938 - Phase 2 project as applied for in the 2014 Transportation Alternative Program Call for Projects application. SECTION 2. The City of Southlake will serve as the public sponsor and lead project contact on this project. The City of Southlake agrees to designate a single point of contact for the project. SECTION 3. The City of Southlake commits to fund or pass through funds from other sources for a minimum local cash or in -kind match of 20% of the total project cost. SECTION 4. The City of Southlake confirms that Cities of Southlake and Keller, not the Regional Transportation Council, will be responsible for any cost overruns. SECTION 5. The City of Southlake understands and acknowledges that all awarded funding is provided on a reimbursement basis. SECTION 6. This resolution shall become effective on the date of approval by the City Council. PASSED AND APPROVED THIS 20th DAY OF MAY, 2014. CITY OF SOUTHLAKE By: IL 0 010 John C. Terrell Mayor ATTEST: ♦ ♦ ta n •ttttttt,.,. tt uTHC,q J ,"* tttttt bit CA:_,f2) A% Alicia Richardson r. City Secretary