Request for Council Action - R-2006-57 REQUEST FOR COUNCIL ACTION

RESOLUTION: 2006-57

SUBJECT: Agreement with Jefferson County to fund and construct an interchange at C-470 and Alameda.

RECOMMENDATION: Approval

FUNDING SOURCE: Jefferson County and Lakewood Economic Development Funds

SUMMARY AND BACKGROUND OF SUBJECT MATTER:

An interchange at C-470/Alameda is a needed transportation system link. The interchange will benefit existing and future Lakewood residents by providing an alternative route to C-470, I-70, Sixth Avenue and the mountains. This will decrease pressure on the Union Boulevard corridor and the Union/Sixth interchange. It will also support primary job creation in the Rooney Valley by improving access to the commercial portions of the Valley within Lakewood.

The proposed agreement will result in the interchange being completed in 2008 with the County providing $6.0 million and the City providing $3.0 million.

During the 1990s, preliminary planning and engineering, and environmental evaluation occurred for the interchange. The Federal Highway Administration, Colorado Department of Transportation, Jefferson County and Lakewood approved the concept.

RESOLUTION ADOPTION DATE: September 25, 2006

ORIGINATED BY: City Manager

STAFF PERSON RESPONSIBLE: Michael J. Rock, City Manager, 303-987-7050

DOCUMENTS ATTACHED: Resolution 2006-57
Intergovernmental Agreement

SUBMITTED BY:
Michael J. Rock, City Manager

REVIEWED BY:
Joni Inman, Director Mayor and City Manager's Office
Michael J. Rock, City Manager