Authorizing 1) Execution of a grant agreement with the Washington State Department of Transportation to accept $4,390,000 in Surface Transportation Program (STP) funding to support the construction phase of the 120th Avenue NE (stage 3) project - NE 12th to NE 16th Streets (CIP Plan No. PW-R-168) and 2) execution of a grant agreement with the Transportation Improvement Board (TIB) to accept $4,850,000 i state funding to support the right-of-way and construction phases of 120th Avenue NE Improvements (stage 3) project - NE 12th to NE 16th Streets (CIP Plan No. PW-R-168).