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HomeMy WebLinkAboutResolution - 2012-64 - Shady Oak Road Improvements Funding Application IC 11-5800 - 04/17/2012 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2012-64 ENDORSING THE SHADY OAK ROAD IMPROVEMENTS FUNDING APPLICATION I.C. 11-5800 WHEREAS, the City Council of the City of Eden Prairie is the official governing body of the City of Eden Prairie; and WHEREAS, the Transportation Economic Development Program has made funding available to communities for transportation infrastructure projects that create and preserve jobs and support economic development; and WHEREAS, Shady Oak Road (CSAH 6 1) is a major arterial roadway that provides access to the large Golden Triangle and City West employment areas; and WHEREAS, the Shady Oak Road Improvements including the interchange at Shady Oak Road and Highway 212 will improve the efficiency and safety of the transportation network and promote economic growth through the expansion of local businesses; and WHEREAS, the Transportation Economic Development Program provides up to $7 million in capital assistance for transportation improvement projects; and WHEREAS, the Transportation Economic Development Program would complement local funding to allow for the completion of the Shady Oak Road Improvement and specifically the Shady Oak Road and Highway 212 interchange improvements. NOW, THEREFORE, BE IT RESOLVED that the Eden Prairie City Council does hereby support actively pursuing Transportation Economic Development Program funds; and BE IT FURTHER RESOLVED that if awarded funding from the Transportation Economic Development Program, the City of Eden Prairie agrees to commit funding to provide for the completion of the project, ADOPTED by the Eden Prairie City Council on April 17, 2012. 6any err M�yor ATTEST: SEAL K#ee'n Porta, City Clerk