Subject: 19674/Contract/TDOT/McCallie Ave Bridge Construction
Date: Fri, 5 Apr 1991 11:30:00 -0500


                                AMENDED BY #21017
                  
                               RESOLUTION NO. 19674
                  
                  
                   A RESOLUTION AUTHORIZING THE MAYOR TO
                   EXECUTE A CONTRACT WITH THE TENNESSEE
                   DEPARTMENT OF TRANSPORTATION, RELATIVE TO
                   SHARING OF COST FOR THE CONSTRUCTION AND
                   MAINTENANCE OF AN OVERHEAD BRIDGE STRUCTURE
                   AT McCALLIE AVENUE, PROJECT NO.
                   BR-STP-2(18), WITH THE CITY PAYING TO THE
                   DEPARTMENT OF TRANSPORTATION AN AMOUNT NOT
                   TO EXCEED ONE MILLION, ONE HUNDRED TWENTY
                   THOUSAND, TWO HUNDRED FORTY-NINE AND NO/100
                   DOLLARS ($1,120,249.00) UPON RECEIPT OF
                   SEMI-ANNUAL INVOICES FROM THE STATE OF
                   TENNESSEE DURING THE COURSE OF THIS
                   CONSTRUCTION PROJECT, SAID FUNDS TO BE
                   ADVANCED AND PAID FROM THE GENERAL FUND.
                  
                  
                                                    
                  
                  
       	    	 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
       CHATTANOOGA, TENNESSEE, That the Mayor be and is hereby 
authorized
       to execute a Contract with the Tennessee Department of
       Transportation, relative to the sharing of cost for the
       construction and maintenance of an overhead bridge structure,
       approaches and related drainage facilities and highway 
facilities,
       at McCallie Avenue, where the City shall become obligated to pay
       the Department of Transportation for 20% of the Bridge
       Construction Project in an amount not to exceed $1,120,249.00 
upon
       receipt of semi-annual invoices from the State of Tennessee 
during
       the course of this construction project, said funds to be 
advanced
       and paid from the General Fund.  Upon completion of this project, 

       $1,119,249.00 shall be reimbursed to the City of Chattanooga by
       the Cincinnati, New Orleans and Texas Pacific Railway pursuant to 

       the agreement adopted by Resolution No. _______.
      
       ADOPTED:	 December 15, 1992
      
       PAN:cjc