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HomeMy WebLinkAbout1988 Ordinance No. 003I I ORN'.L\clCr. ·;. . ._3 SIJ\Ii.'S OF 1~80-- UY ,\lll110Rl'l'Y CCXJNCIL UILL NO . l IN'fRODUCCD BY COUNC IL ,U :-ID ER KOZAC J, ,;;1 OfU"J INA,,C .:,PPRO\'It;G A!·il . .',U'!Illf TO J\Gf',J:air;rr , PREVIOUSLY .'u'PROVED BY OP.D I'.lANCE ::,,. 9 , SERIES or 198 7 , Rffi\.'IDI:;c LI1'rt.:: D!':'i =~ Blm ·= AND N•IO'JG T;IE CITY O? :~iG1£;-Ul[J , THE :::x;r.::,1,, lJT&.\i: R!:1, ,;;\!, Al!l1IOR I TY , .'\!'ID URMN on,;1;;,;cc ;,;_;:, :LC()() OJ 70L ::JIS7.'IC'f . i ,1£Er....s;.s , Ci.ty Cc i..l!",c il r-rc ·.'i c us l y upproved t~,e .:i.qrC'enent betv.-een und ,1rr,:,g th" C1:·· of Cnq le,t"od (C.:.t :,:), the Cns l ewcoc Ur ban Renewal AL:thor ity (EU!l.i), ,1nc 1·rhao Dra i nage r,d Flood Control Di strict (District ) regarding Lit t le nry C::-E.~-.k cons:ructior: o::: .J.nll uc qu1sit i on a: r ight-of-way :or im::-overcn: := i 2..':d \·n-{ERE;...S , City a :1d ;:uw.. h.:i\·e i·equestcd additionul District part icipatio n in the const n:ction o f the clrni::.aqe and flood contr o l iIJl)rov<.:!rent:s ; and \ rr:R£.!i..S 1 District Board ias uut'.lorized an adclitionul S300 ,00 0 financia l nur:icpc,b -:-. b:.,· t he District C',u-ing 1988 for constr.1ct i on of drainage and flo:::d contro l irrnrovcrnen:s or. Littl<'? Dry Cr-eek fran Br oact ... ay to Clarkson Str,:et , NC\·/. THER ... ,:rom:. BF. IT O?DAJ 'ffi) CY TilC CITY COlf.-lC IL OF TIIE CITY OF ~·XX)[), COLORAD(), 'fi,!_:\'i.': &>ct i.:m 1. The as-encliTent to .;greerrent bet1>een and =ng the City o f Er,gl"""°", C'.lg l ~ Ur ban Ren<,,,a l Authority , and Ur bain Dr ainage and Fl ood Control District , previously t,?.)roved by Or dinance No . 9 , Series of 1987 , i s hereby oppr ove<l . ""1e arrendocnt e ntit led 11!\n-cncin:?nt to Agrcefient Regarding Litt l e Dry Creek (ARl'.PC'.J) Construct i on of a~d Acquisition of Right-of-\·/ay for Irr,>r overw.r.::: '.:l.r.:reerren': No . 8 7-01.0V.)11 is o1tt ac'.1t::d hereto and i ncorporated h1~rc'.:in by rc~c rcncP.. Sect ion 2 . The ::~-1 ~•o r and City Cle::-k ~ire .it::rcoy authori zed t o sian and o':tcst said ~=..-enctrent :'o r unC or. ty:,ha lf o f C? t y Cou.ncil and the Ci ty a .. Cr nlei..)()()C . Introduced , re,,c in 'ul I, and p.:isscd on first reading on the •I th day of Jar.t:try , 1988 . Publishr,c'\ as a Dill for .:ir. Ordinilllce on the 6th day of January , 1988 . Read by title and pc..1ss~d o:i Linal r euding on the 18th day of Januar y , 1988 . ... 1 ... Publi shed bv lit l r .~~ Ordin2 ·cc '.'-:o . "::? SCr .i cr; 0: 19 88 , on t he 20th c'.ay of January , 19 88 . :.,.. -Susan Von Dyke , Mayor Pntrjci a H. Cr™, City Clerk I, Patricia JI . era.,, City Clerk for the City of Engle.;vod , Color ado , hereby certify the above and foregoing 1s a true copy o f the Ordinance passed on final r e ading and published by t i tle as Or cinance tlo . d._, Series of 1988. -2 - I I I AH[NDll[NI TO AG RHH [N; R[GARO ING LITTU DRY CR HK (ARAPC O) CONSIRllCTION or ANO AC(JU ISITION Of RIGIII-Of-WAI fOR IH ,ROVEH£NTS (Ayree,..nt No. 87-01.0IA) Tltl S AGRH HEHT, 111c1de this _____ day of _______ , 1987, hy and bet"'e en the URBAN DRAINAGE ANO FLOO D CONTROL DI STRICT (t.erelnafter cal led "DI STRICT"). t he CITY OF ENGL EWOOD (h ere inafter called "CITY ") and the fogle'ltOod Urban Rene"wal AA.lthor1t y (he reinafter call ed EURA): WITNES S[Tll: WHER[AS, DI STRICT, CITY and EURA have entered Into an "Agreement Regar d ing Litt l e Ory Creek (ARAPCO) ~onc;truct to n of and Acquis iti on of Right-of -Way for llnprovements" (Agreement No. 87-01.01) on March 20 , 198 7; and WIIEREA S, CI TY and EURA have reque s t ed ad d iti on al DIST RICT parttc !patlon In the co nstruct ion of the dra i nage and flood control t111 pr ovements; and WHEREAS, DISTRICT Board has auth orized add1tl onal DISTRICT ftnanclal participa tion for con s truction of drainage an d fl oo d control h1prove111ents on Little Ory Creek (ARAPCO) from Broadwa y to Cla·kson Street (Rescl utton 74, Se r t es of 1987). NOW, THEREFOR£, 1n consideration of the Initial pr0111lsu contained herein, the Part i es agree as follows : I. Por,graph 7. ALLOCATION Of COS TS ANO FINANCIAL COltllTH[NTS Of OI STR ICT AND CITY and Paragra ph 7.1 Disposition of Funds are deletP.d 1nd u:r lac ed as follows: 12-23-81 7. ALLOCATION Of C~ST S AND flNANCiAL Cllltll1H[t'1 S Of DISTRI CT ANO ill! Based on esthna t ed project cos ts of SJ ,320,000 .00 , DI STRIC T shall contl'ltute .i uxtmt.m of $6~0 ,000 pl us Interest earned and CITY and EURA shill con tr ib ute t he ba l ance o: re oulred fund s estlinated to be S2,720 ,1'lOO.OO. If total projecl costs are less than Sl,200 ,000 then total pr oject costs sh all be shared on a S0-50 bdSI !, by each Party. If total pro ject co\ts e~cee d Sl ,200 ,000 , OISTR ICT's share shall be $600 ,000 plu s in teres t earned. In acco rdan ce with Resolution 11, Serles of 19 73 and Resol ution 49 , Se rles o\' 1977, the cost sharing shall be after subtr1ctlng state, fellc r a l , or other so1or::es or tund lny , e.c l udlng any co ntribution f r011 t11c DI STRICT. tlowever, mo ni es CITY or EURA may receive rrom t he payme nt III l l eu of tue!i. for rederal fun ds , rede ral Rev enu e Sharing Proy ram, Federal Corm1u nl ty 0evelopment Program, or such simi lar di~Lre tlonary programs as app r oved by the 0J SlRI Cl 's Bo ard may be consillered a s an d applied towar d Cl lY's/EURA's !i.ha re of Improvements costs. 7. I 0lsposit Ion of Fund s l he DISTR ICl st.al l hold t he DISTRICT f und s In a s pe cial fund to pay fo r 1ncrellE!nts of t he project M authorized by 0I ST RICT, CITY an d EUFA , and as defined herein . Cl TY and [URA s ha ll provide a n10nth ly accounti ng of projec t co st s as we ll as a period i c notlf lCJtlon to UISHUCI of any unpa id obllgat ,ons . Any Interest ea rn ed by the mo nies contrlbu~c!d by DISTRICT shal I be accrued to the specia l f und establ 1shed by DISTR ICT for th is pro ject and su ch I nte rest shall be used only for th is project. Any Inte re st accU11Uh t cd from earni ng s on 01s ·1RICT f unds .,ay be us ed without further app rov al for the project. CIJY and EURA shal l bill DI STRICT for actual work accanp ll shed time s ,8,07 per cent up to a mulmu m DISTRICT co ntribut ion of $600,000 plus interest ava t lab le In spec ia l ac co unt at DISTRI CT . If the projec t costs exceed tw ice the $600 ,000 DI STRICT cont ributi on plus Intere st earned on these funds, t hen the 1600,000 plus Interest contributed by the 0ISlRICl shall be transferred to the CIJ Y and EURA on flrJI bi lling a f ter cocnpl etlon of project . Z. All other terms and co nditions of Agreemen t No. 8 1-01.0 1 shall reaatn 1n full force and effec t. 12-23-87 I I I • I WIII.JI.CIOR[, lh c pdrtie!i. herrto hl'lve c.iu setl this Instrument l o be eleculetl by prop!.!r ly dutho rlzc1I s l~n ,llurt:!i. d!i. uf th e tldte dntl yedr allove wr itten. {HAL) ATll ST, {l lAL) ATT[ST, Approv ed as lo Fom: ffiy ATIORNti AIT[Sl, Approved .is to Form: [URA ATTORNEY 12-2)-87 JIi l URBAN DRAIHAG[ AND FLOOD tU NTR OL DISTRICT By Tit l e Executive Olrecto .. Odl e CITY Of [N GL[WOOD By Tit l e 0.sle lHGLEWOOD URBAN RlN[WAL AUTII OR ITY By __________ _ Tit l e, _________ _ Dat e. _________ _