Resolution 2025-86 - Laserfiche WebLink

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INTERGOVERNMENTAL AGREEMENT FOR SHARING OF COSTS OF 30% DESIGN FOR IMPROVEMENTS TO STATE HIGHWAY CO-42 FROM PASCHAL DRIVE TO BASELINE ROAD THIS AGREEMENT is made this 3.00 day of November , 2025 by and between the City of Lafayette, a Colorado home rule municipality ("Lafayette"), and the City of Louisville, a Colorado home rule municipality ("Louisville"), each a "Party" and collectively the "Parties." WHEREAS, the Parties are authorized by § 29-1-203, C.R.S. as amended, to enter into contracts or agreements for the sharing of costs; and WHEREAS, C.R.S. § 29-1-201, et seq., authorizes and encourages local governments to make the most efficient and effective use of their powers and responsibilities by cooperating and contracting with one another to provide any function, service, or facility lawfully authorized to each; and WHEREAS, in accordance with § 29-1-203, C.R.S. as amended, each of the Parties is authorized to enter into this Agreement; and WHEREAS, the Parties desire to complete a plan and initial design for that portion of the State Highway 42 corridor extending between Paschal Drive in Louisville and Baseline Road in Lafayette (the "Plan"); and WHEREAS, the Plan is intended to examine the road cross section, multi -modal facilities , stormwater and drainage facilities and electric and underground utilities; and WHEREAS, the Plan will complete preliminary design (30%) for the corridor; and WHEREAS, Louisville has requested and received CDOT 10-year Strategic Project Pipeline funds in the amount of $870,000 to complete the Plan (the "Grant"), and has entered into a grant agreement with the Colorado Department of Transportation ("CDOT") setting forth the terms of the Grant; and WHEREAS, the Grant does not require local matching funds; and WHEREAS, the Parties desire to enter into an IGA to confirm their intent to undertake the Plan; to identify the allocation of the cost of any design work in excess of $870,000 for the Plan; to establish the process by which such allocation and payment will be accomplished; to set forth the agreement by the Parties as to the role of Louisville as the lead agency and executor of the Grant; and to acknowledge the Parties' intent to enter into a future agreement or an amendment to this Agreement if and when the costs exceed what is expected.