RESOLUTION 2007-25

RESOLUTION APPROVING AND ACCEPTING COOPERATIVE
AGREEMENT CONTROL NO. 88080, VENDOR NO. 54312-001 WITH
NEW MEXICO DEPARTMENT OF TRANSPORTATION (NMDOT)
FOR PROJECT NO. SP-2-08 (910)

WHEREAS, the New Mexico Department of Transportation has awarded funds in the amount of $61,962.00 match funds to the Village of Capitan for Blading and Shaping, Drainage Improvement and Miscellaneous for approximately 1.15 miles of Village Streets.  The following streets are described below:
            West Grandview          .8 miles
            Promise Lane              .2 miles
            Straightway            .15 miles

WHEREAS, the Village of Capitan agrees to participate in the cost of the project and has committed $20,654.00 as local 25% match in-kind funds for a total for the project of $82,616.00; and

WHEREAS, NMDOT requires the Village of Capitan to accept Cooperative Agreement Project No. SP-2-08 (910), Control No. 88080 and Vendor No. 54312-001 by resolution and certify its commitment.

NOW THERFORE BE IT RESOLVED BY THE GOVERNING BODY that the aforementioned is hereby approved and is made a part of this resolution and that the Village certifies its commitment to undertake the improvements and complete them in a satisfactory manner.

INTRODUCED, PASSED, ADOPTED, AND APPROVED this 10th day of July 2007.


                                                                               ________________________________
                                                                               Sammy L. Hammons, Mayor
ATTEST:


_____________________________________
Kay Strickland, Village Clerk/Treasurer



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