Loading...
HomeMy WebLinkAboutResolution - 2018-59 - Town Center Congestion Mitigation - 05/15/2018 CITY OF EDEN PRAIRIE HENNEPIN COUNTY,MINNESOTA RESOLUTION NO. 2018-59 A RESOLUTION COMMITTING TO THE EDEN PRAIRE TOWN CENTER STATION CONGESTION MITIGATION AND AIR QUALITY GRANT LOCAL MATCH WHEREAS, the Town Center Station was removed from the base South West Light Rail Transit (SWLRT)project due to project partner cost cutting needs; and WHEREAS, the estimated cost to construct the Town Center Station is $7,676,950; and WHEREAS, the Town Center Station is critical to the development of Eden Prairie's Town Center; and WHEREAS, the City of Eden Prairie applied, and was selected for, a Congestion Management and Air Quality (CMAQ) grant from the Federal Transit Administration(FTA) for the construction of the Town Center Station; and WHEREAS, the CMAQ grant will cover up to $6,141,560, or 80%, of the Town Center Station's actual construction costs, whichever comes first; and WHEREAS, the Town Center Station's remaining construction costs, estimated at $1,535,390, must be funded from other nonfederal sources; and WHERAS, the FTA requires a resolution from the grant recipient committing to costs beyond the CMAQ grant prior to the allowing the Metropolitan Council to include the Town Center Station into SWLRT project construction; and WHEREAS, timely execution of the CMAQ grant is needed in order for Town Center Station to fit within the SWLRT project construction schedule. NOW, THEREFORE, BE IT RESOLVED that the Eden Prairie City Council commits to provide funding for costs in excess of those covered by the CMAQ grant for the Town Center Station construction. ADOPTED by the Eden Prairie City Council on May 15, 2018. y - s, a y o r ATTEST: K hleen Porta, City Clerk