Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Motion 21-208, approving an Interlocal Agreement between the City of Stanwood and Snohomish County for disbursement of funds to study SR 532 roundabout and bypass options at Old Pacific Hwy/102nd Ave
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DEPARTMENT: Conservation & Natural Resources
ORIGINATOR: Sharon Swan
EXECUTIVE RECOMMENDATION: Approve
PURPOSE: Approve Interlocal Agreement to provide funding to the City of Stanwood to study SR 532 roundabout and bypass options at Old Pacific Hwy/102nd Ave. in Stanwood, WA
BACKGROUND: Snohomish County Council approved Amended Ordinance 20-071 on November 10, 2020 to adopt the 2021 - 2026 Capital Improvement Program (CIP), which included funding for the City of Stanwood’s feasibility study for Old Pacific Hwy/102nd Ave. SR 532 roundabout and bypass project. This project is planned to evaluate options to address traffic issues at this location. The City has provided a written request to receive the funds and has agreed to the terms of the Interlocal Agreement. Funding provided from the County to the City will be in the amount of $25,000 subject to the terms of the agreement.
FISCAL IMPLICATIONS:
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EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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309-51094403326501 |
$25,000 |
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TOTAL |
$25,000 |
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REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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TOTAL |
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DEPARTMENT FISCAL IMPACT NOTES: Funding is available within Parks’ current budgt
CONTRACT INFORMATION:
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ORIGINAL |
X |
CONTRACT# |
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AMOUNT |
$25,000 |
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AMENDMENT |
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CONTRACT# |
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AMOUNT |
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Contract Period
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ORIGINAL |
START |
Upon execution |
END |
12/31/22 |
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AMENDMENT |
START |
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END |
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OTHER DEPARTMENTAL REVIEW/COMMENTS: Approved/Reviewed by Finance & Risk