AgdaPkt 2003-06-23 - Laserfiche WebLink

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�. IF- REPOR T To the Honorable Mayor and City Council From the City Manager June 23, 2003 Subject Cooperative Agreement with the Department of Transportation for the Route 101 /Ralston Avenue /Marine Parkway Interchange Reconfiguration Project. Recommendation Approve and authorize the City Manager to execute the Cooperative Agreement between the City of Redwood City and the Department of Transportation for the construction of the Route 101 /Ralston Avenue /Marine Parkway Interchange Re- configuration Project, and further authorize the City Manager to make non - material changes to the Agreement. Background Preparation of the subject project began in 1997 when the traffic study was commissioned as a result of building traffic congestion resulting from more and more people trying to get in and out of the area. This cooperative agreement represents one of the last steps to be taken before the construction contract can be awarded, and this project comes to fruition. Other reports covering right -of -way, financing, and construction management will come before Council for approval before the actual award of contract, which is anticipated for August 2003. This agreement outlines both City and State responsibilities regarding this project. The City has the responsibility of designing the project for the State to approve. The City also agreed to obtain all the right -of -way necessary for the project, and will transfer this right -of -way to the State at the conclusion of the project. The City will also handle all the contract administration, with Caltrans having the oversight responsibilities. In return, Caltrans will administer the State Transportation Improvement Program (STIP) Grant, allowing the City to improve the Interchange,. Presently, the total project cost estimate is $19.7 million. From this, $14.75 million is for actual construction. The City requested and received $3.1 million in STIP funding in 2002, and an additional $4.5 million is pending approval from the California Transportation Commission (CTC). This totals $7.6 million, which represents 52% of the anticipated construction cost. Redwood Shores Community Facility District 99 -1 (RWS_CFD 99 -1 or Shores Transportation Improvement District [STIP]), along with a minor contribution from the City of Belmont, will make up the remaining 48% of construction costs and all of the design and administrative costs. The agreement stipulates that any cost overrun will be paid for in this proportion also. S /library/ reports /peter /Agreement_CalTrans Ralston IC co op.doc Page 1 of 2