Title
A Resolution approving the Second Amended and Restated Intergovernmental Agreement Among El Paso County, Colorado, the City of Colorado Springs, the City of Manitou Springs, the Town of Green Mountain Falls, and the Town of Ramah Regarding the Pikes Peak Rural Transportation Authority
Presenter:
Councilmember Merv Bennett
Body
Summary:
This amendment to the Intergovernmental Agreement (IGA) provides for $5,000,000 in Pikes Peak Rural Transportation Authority (PPRTA) funds in each of two (2) years, for a total of $10,000,000, to be dedicated to the "CDOT I-25 Roadway Improvements - Local Contribution: State Highway 105 North to County Line Road" regional collaborative project, which involves the widening of I-25 between Monument and the El Paso County line. All other funds for the widening project will come from other revenue sources, including but not limited to El Paso County transportation funds and funding through the Colorado Department of Transportation.
Previous Council Action:
City Council approved the Intergovernmental Agreement ("IGA") and the First Amendment to the IGA between the participating PPRTA entities.
Background:
The PPRTA was established by voters in 2004, and in 2012, City Council supported and the voters of the region approved a ten (10) year extension on the collection of a one-percent sales tax to be used on a voter-approved list of capital projects, maintenance programs and City-sponsored transit activities from 2015 to 2024. In August 2004, City Council entered into the "Intergovernmental Agreement Among El Paso County, Colorado, The City of Colorado Springs, The City of Manitou Springs, and The Town of Green Mountain Falls Regarding the Pikes Peak Rural Transportation Authority" ("IGA"), thus setting forth the City's inclusion in the PPRTA. The IGA was first amended to include the Town of Ramah in 2009.
Earlier this year, the PPRTA's Board of Directors voted to refer a ballot question to the November 2017 coo...
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