07/26/2011 Resolutions 2011-181RESOLUTION 2011 -181
WHEREAS, each year federal government makes available to Nebraska certain
federal -aid transportation funds, including funds from the Surface Transportation Program (STP) and
the Highway Bridge Program (HBP) (formerly known as the Highway Bridge Replacement and
Rehabilitation Program), for use on State and local federal -aid transportation projects; and
WHEREAS, certain federal -aid STP and HBP funds have historically been made
available to the LPA by the State for its use in funding federal -aid projects on the public streets or
roads within its jurisdiction; and
WHEREAS, LPA and the NDOR wish to enter into an agreement to provide for the
purchase, at a discount, certain federal -aid dollars currently made available to the LPA, and
WHEREAS, the LPA is interested in selling its available federal -aid funds to the State
on the terms and conditions set out in this agreement, including certain limitation on the use of the
cash received by the LPA; and
WHEREAS, the Council has reviewed the agreement and has determined that it is in
its best interest to enter into the agreement in the attached form.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the Mayor is hereby authorized to sign the
attached Federal Funds Purchase Program Agreement between the City of Grand Island and the
Nebraska Department of Roads.
Adopted by the City Council of the City of Grand Island, Nebraska, July 26, 2011.
Attest:
2n..' ELUX"g.,
RaNae Edwards, City Clerk
Approved as to Form p
July 25, 2011 a City rney