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t! <br />RESOLUTION NO. 99- 15 <br />A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVER COUNTY, FLORIDA, AUTHORIZING A JOINT <br />PARTICIPATION FOR INTERNALLY -ILLUMINATED STREET NAME. <br />SIGNS <br />WHEREAS, it is a policy of the State of Florida to construct and make improve men is <br />to the state transportation system in a cooperative partnership; and <br />WHEREAS, such partnership shall be promoted and encouraged through the joint <br />funding of projects that improve traffic flow and reduce congestion of the State Highway <br />System; and <br />WHEREAS, the Board of County Commissioners of Indian River County, Florida <br />wishes to authorize the Chairman of the Commission, to enter into a Joint Participation <br />Agreement with the State of Florida Department of Transportation on behalf of the <br />Commission, <br />NOW, THEREFORE, BE IT RESOLVED, by the Board of County Commissioners <br />of Indian River County , Florida that: <br />The Board of County Commissioners of Indian River County, Florida hereby <br />authorize the Chairman of the Commission to enter into a Joint Participation Agreement <br />with the State of Florida Department of Transportation for. <br />1. no FDOT shall fund the project's estimated $10,0W annual cost, for a period of five <br />years (550,0[10 total). <br />2. The County shall maintain and operate the internally -illuminated street name signs. <br />If the project cost exceeds $10,000 annually, the County shall pay the overage. <br />The resolution was moved to adoption by Commissioner Ginn and the <br />motion was seconded by Commissioner cr a nh�_ p ngn, and, upon being put to is vote, the <br />vote was as follows: <br />Chairman Kenneth R, Macht <br />Aye <br />Vice Chairman Fran B. Adams <br />Aye <br />Commissioner John W. Tippin <br />Aye <br />Commissioner Caroline D. Ginn <br />Aye <br />Commissioner Ruth M. Stanbridge <br />Aye <br />The Chaienran thereupon declared the resolution duly passed and adopted this 1§ <br />day of _EkbrWary , 1999. <br />'HOARD OF COUNTY COMMISSIONERS <br />Attest: IND AN VER COUNTY, FLORIDA <br />:2 �el <br />6Jcffr K. Barton, Cler Kenneth R. Macht, Chairman <br />4-��IuAk- <br />,,,n,; t-, gl— , <br />�Lq <br />,,,n,; t-, gl— , <br />