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RES 2013-15 Adopted RESOLUTION NO. 2013-15 AUTHORIZING THE CITY ADMINISTRATOR TO EXECUTE THE FINANCIAL PARTICIPATION AGREEMENT AND CONTRACT WITH THE SOUTH CAROLINA DEPARTMENT OF TRANSPORTATION FOR THE NORTH AUGUSTA PARK AND RIDE PROJECT WHEREAS, South Carolina Department of Transportation (SCDOT), The Augusta Regional Transportation Study (ARTS) and the City of North Augusta(CITY) have authorized the development of a regional Park and Ride Project at Exit 5 of I-20, and WHEREAS, the CITY has agreed to maintain the Park and Ride Project pursuant to encroachment permits upon completion of construction; and WHEREAS, the CITY has agreed to participate financially in the project by matching federal funds for certain elements of the project if necessary, and; WHEREAS, the required CITY matching funds will be provided by SCDOT from funds reallocated to the CITY pursuant to the Settlement Agreement and Release related to the US 1/Fifth Street Bridge Project and assigned initially to the Walnut Lane/US 25 Corridor Improvement Project. NOW THEREFORE, BE IT RESOLVED by the Mayor and City Council of the City of North Augusta, South Carolina, in meeting duly assembled and by the authority thereof that, the City Administrator is duly authorized to execute the Participation Agreement and Contract with SCDOT for the North Augusta Park and Ride Project. DONE, RATIFIED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF NORTH AUGUSTA, SOUTH CAROLINA, ON THIS I S DAY OF kr; , 2013. Lark W. Jones, Mayor ATTEST: ,Q Donna B. Young, 'ity (1'.