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Res 13-628RESOLUTION NO. 13-628 A RESOLUTION of the City Council of the City of Federal Way, Washington, authorizing execution of Local Agency Agreement with Washington State Department of Transportation regarding improvement to Pacific Highway South HOV Lanes Phase V(S 340tn Street to S 359`h Street) and S 320`h Street (11`h Pl S to I-5 Limited Access) Preservation Project in the city of Federal Way, Washington. WHEREAS, the City of Federal Way applied for PSRC Countywide funds from the Washington State Department of Transportation for the purpose of design right of way and construction of Pacific Highway South HOV Lanes Phase V(S 340t" Street to S 359�' Street) and S 320th Street (l lth Pl S to I-5 Limited Access) Preservation Project within the City; and WHEREAS, the Washington State Department of Transportation agrees to grant the City of Federal Way federal funds in the total amount of Two Million Six Hundred Thirty -Nine Thousand Three Hundred Thirty- One and no/100 Dollars ($2,639,331.00) for Pacific Highway South HOV Lanes Phase V(S 340th Street to S 359�' Street) and One Million One Hundred Thousand and no/100 Dollars ($1,100,000.00) for S 320t" Street (l lth Pl S to I-5 Limited Access) Preservation Project provided that the City Council authorizes the Mayor to enter into the Local Agency Agreements; and WHEREAS, by accepting said grant the City of Federal Way agrees to execute the Local Agency Agreements; NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, RESOLVES AS FOLLOWS: Section 1. Execution of Acceptance of the Local A e�ncv Agreement. The Mayor or his designee is hereby authorized to execute the Local Agency Agreements regarding improvements to Resolution No. 13-628 Page 1 of 3 the Pacific Highway South HOV Lanes Phase V(S 340t�' Street to S 359th Street) and S 320��' Street (l lt" Pl S to I-5 Limited Access) Preservation Project in the city of Federal Way. Section 2. Receipt of Federal Funds. The Mayor or his designee is hereby authorized to receive the state and federal funds estimated to be Two Million Six Hundred Thirty -Nine Thousand Three Hundred Thirty- One and no/i00 Dollars ($2,639,331.00) for Pacific Highway South HOV Lanes Phase V(S 340t" Street to S 359`h Street) and One Million One Hundred Thousand and no/100 Dollars ($1,100,000.00) for S 320th Street (11�' Pl S to I-5 Limited Access) Preservation Project. Section 3. Matchin Funds. Pursuant to the terms of the Local Agency Agreement, the City is required to commit matching funds approximately Two Million and no/100 Dollars ($2,000,000.00) for Pacific Highway South HOV Lanes Phase V(S 340t" Street to S 359th Street) and Five Hundred Thousand and no/100 Dollars ($500,000.00) for S 320th Street (1 lth Pl S to I-5 Limited Access) Preservation Project.. Section 4. Severabilitv. If any section, sentence, clause or phrase of this resolution should be held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of any other section, sentence, clause or phrase of this resolution. Section 5. Corrections. The City Clerk and the codifiers of this resolution are authorized to make necessary corrections to this resolution including, but not limited to, the correction of scrivener/clerical errors, references, resolution numbering, section/subsection numbers and any references thereto. Section b. Ratification. Any act consistent with the authority and prior to the effective date of this resolution is hereby ratifed and affirmed. Resolution No. 13-628 Page 2 of 3 Section 7. Effective Date. This resolution shall be effective immediately upon passage by the Federal Way City Council. RESOLVED BY THE CITY COUNCIL OF THE CITY OF FEDERAL WAY, WASHINGTON this 15`h day of January, 2013. CITY OF FEDERAL WAY � MAYOR SKIP PRIEST ATTEST: CITY CLERK, CAROL CNEILL , CMC APPROVED AS TO FORM: CITY ATTORNEY, PATRICIA A. RICHARDSON FILED WITH THE CITY CLERK: 01-08-2013 PASSED BY THE CITY COLJNCIL: O1-15-2013 RESOLUTION NO.: 13-628 Resolution 1Vo. 13-628 Page 3 of 3