HomeMy WebLinkAboutResolution - 88-283 - Authorizing City Cost Participation in Trunk Highway 5 Improvements from Wallace Road to Heritage Road - CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION 88-283
CITY COST PARTICIPATION
T.H. 5 IMPROVEMENTS
WALLACE ROAD TO HERITAGE ROAD
WHEREAS, the Minnesota Department of Transportation (MN/DOT) proposes o
construct T.H . 5 (SP 2701-25 (T.H. 5 - 121) ) between Wallace Road and
Heritage Road commencing in 1989;
WHEREAS, in accordance with State policy, the City will be participating in
the cost of this project in an estimated amount of $440,000.00;
WHEREAS, the MN/DOT is willing to allow the City' s share to be repaid in a
series of payments as the work is performed instead of the customary lump sum
amount; and
WHEREAS, the NN/DOT has requested that the City give written acknowledgement
of its intent to pay its share in exchange for the allowance of a repayment
schedule.
NOW, THEREFORE , BE IT RESOLVED by the Eden Prairie City Council that the City
of Eden Prairie hereby agrees to pay its share of the construction costs as
to be determined through the competitive bid process and will execute an
agreement to this effect at a date in the future.
Gary D.-"Peterson, Mayor
ATTEST: SEAL
Jo�+� rane, City Clerk
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