Loading...
Resolution 2007-049 RESOLUTION NO. 2007 _ 49 A RESOLUTION BY THE BOARD OF COUNTY COMMISSIONERS, COLLIER COUNTY, FLORIDA, IN SUPPORT OF ENTERING INTO THE STATE INFRASTRUCTURE BANK LOAN AGREEMENT AND THE AMENDED LUMP SUM AGREEMENT WITH THE FLORIDA DEPARTMENT OF TRANSPORTATION FOR THE I-75/IMMOKALEE ROAD INTERCHANGE LOOP PROJECT WHEREAS, the I-75lImmokalee Road interchange experiences extensive delays at its current design; and WHEREAS, the implementation of the I-75lImmokalee Road Interchange Loop improvements will help alleviate existing and future congestion at this interchange providing for a free flow eastbound Immokalee to northbound 1-75 movement as well as six through lanes on Immokalee Road under 1-75; and WHEREAS, the Collier County Board of County Commissioners are interested in seeing the I-75/Immokalee Road Interchange Project move forward as part of the 1-75 six lane improvement project; and WHEREAS, the Board finds that it is in the public interest for the County to enter into the State Infrastructure Bank Loan agreement and the amended Lump Sum Agreement pursuant to the terms and conditions contained in those agreements; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that; The Board of County Commissioners approve the State Infrastructure Bank Loan Agreement and the Amended Locally Funded Agreement with the Florida Department of Transportation and authorizes its Chairman, James Coletta, to execute both Agreements. THIS RESOLUTION ADOPTED after motion, second, and majority vote favoring same, this 27th day of February, 2007. ATTEST: DWIGHT E. BROC~, Clerk BOARD OF COUNTY COMMISSIONERS OF COLLIE R..CO~. TY FLORIDA ~J ~ . "<1 By: ~4:.--i:f - ~ J ames Coletta, Chairman ~~.~i.. ~ . .. ,. eputy Clerk Attest IS. ~;o.. 'nun 1 st~lturt' ~lll and legal sufficiency: cott Teach Assistant County Attorney