Title
A Resolution Authorizing the Mayor to Execute and Administer the revised Agreement between the City of Colorado Springs, the Pikes Peak Rural Transportation Authority (PPRTA) and the Colorado Department of Transportation (CDOT) for the I-25 / Cimarron Street Reconstruction Project
Presenter:
Kathleen Krager, Transportation Manager
Travis Easton, P.E., Public Works Director
Body
Summary:
The attached resolution will authorize the Mayor to execute the attached Agreement between the City of Colorado Springs, Pikes Peak Rural Transportation Authority, and the Colorado Department of Transportation. The Agreement commits a $7.05 million match from the City of Colorado Springs Pikes Peak Rural Transportation (PPRTA) funding toward the I-25 / Cimarron Interchange Project. This Agreement also includes PPRTA and allows them to pay CDOT with funds designated by the City of Colorado Springs.
Previous Council Action:
Resolution 57-14 was passed on June 24, 2014 to provide $5 million in PPRTA funding as a local match. On February 24, 2015, Council approved an amendment to increase the City's PPRTA match commitment for the project by $2.05 million for a total of $7.05 million due to increased construction costs.
Background:
On July 1, 2013, the City of Colorado Springs, Colorado Department of Transportation (CDOT) Region 2 and the Pikes Peak Area Council of Governments (PPACG) submitted a proposal to the State for RAMP (Responsible Acceleration of Maintenance and Partnerships) funding to construct the I-25 / Cimarron Interchange Project. This high priority project for our Region was selected to receive RAMP funding. The Scope of Work, attached to the Agreement, provided the following project information:
The I-25/Cimarron Street Interchange is a key connection within Colorado Springs. It will enhance the capacity and safety of the U.S. 24 connection to the I-25 network. U.S. 24 is the primary east-west highway through the city. This segment ...
Click here for full text