HomeMy WebLinkAboutResolution - 95-14 - Designation of SMTC Transit Hub Project as a State Aid Project - 01/17/1995 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 9 5 - 14
WHEREAS, Southwest Metro Transit Commission (SMTC) has plans
to construct a Transit Hub on property located on T.H. 5, Prairie
Center Drive, and Technology Drive in Eden Prairie, Minnesota
(Transit Hub Project) ;
WHEREAS, the Transit Hub Project is being funded through
Federal Intermodal Surface Transportation Efficiency Act of 1991
(ISTEA) /Surface Transportation Program (STP) funds;
WHEREAS, SMTC is coordinating construction of the Transit
Hub Project with the construction of Technology Drive by the
Minnesota Department of Transportation (MnDOT) ;
WHEREAS, SMTC has requested that the City of Eden Prairie
agree to sponsor the Transit Hub Project as a State Aid Project
for purposes of accessing State of Minnesota funds for interim
financing for the Transit Hub Project;
WHEREAS, the City of Eden Prairie has agreed to designate
the SMTC Transit Hub Project as a State Aid Project solely for
the purposes of interim financing;
WHEREAS, the MnDOT State Aid office has agreed to let the
contracts and provide construction financing through the State
Aid Administration Account on behalf of Eden Prairie for the
Transit Hub Project, and to apply for reimbursement from the
ISTEA/STP fund;
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF EDEN PRAIRIE:
RESOLVED, the City of Eden Prairie designates the SMTC
Transit Hub Project a State Aid Project for the purpose of
accessing State of Minnesota funds for interim financing for the
Transit Hub Project. City staff is authorized to enter into
negotiations for cooperative agreements between the City, MnDOT,
and SMTC to use State Aid Administration Account funds for
interim financing for the construction of the Transit Hub, which
agreements shall be submitted to the Council for approval.
ADOPTED by the City Council on the 19 day of
�a,�tiau 1995.
an Harris, Mayor
(Seal)
ATTEST:
Cle
E�/-
10157-931162\14765.res