HomeMy WebLinkAboutResolution - 2019-44 - Quit Zone Project IC 16-5943 Bond Agreement - 03/19/2019 CITY OF EDEN PRAIRIE
HENNE PIN COUNTY, MINNESOTA
RESOLUTION NO.2019-44
RESOLUTION AUTHORIZING THE EXECUTION OF THE GENERAL OBLIGATION
BOND GRANT AGREEMENT 1020321 WITH THE STATE OF MINNESOTA RELATED
TO THE EDEN PRAIRIE QUIET ZONE PROJECT NO.: I.C. 16-5943
WHEREAS,pursuant to Minnesota State Statue Section 219.166,the City of Eden Prairie supports
the establishment of a Quiet Zone encompassing Valley View Road, Eden Prairie Path Crossing,
Birch Island Road and West 62"d Street; and
WHEREAS, under provisions contained in Minnesota Laws of the 2017 First Special Session,
Chapter 8,Article 1, Section 15, Subd 13, and amended by the Minnesota Laws of the 2018 Regular
Session,Chapter 214,Article 2, Section 35,has allocated$1,400,000 from General Obligation Bond
Proceeds to the City of Eden Prairie as a grant to design,construct, and equip new passive and active
rail grade crossing safety devices, including associated road and pathway improvements, at existing
and proposed highway-rail grade crossings, and pathway-rail grade crossings; or replace existing
highway-rail grade crossings.
NOW,THEREFORE,BE IT RESOLVED BY THE EDEN PRAIRIE CITY COUNCIL:
1. The City of Eden Prairie authorizes the execution of the General Obligation Bond
Grant Agreement with the State of Minnesota to enable the receipt of awarded funding.
2. Per Minnesota Statute 412.211, the City of Eden Prairie has the legal authority to
enter into said agreement with the State Department of Transportation and the Twin Cities and
Western Railroad Company.
3. The City of Eden Prairie agrees to fund any maintenance requirements over the bond
period if Twin Cities and Western Railroad Company does not fulfil its commitment to perform
maintenance.
4. The City of Eden Prairie agrees to maintain the proper insurance required by the
General Obligation Bond Grant Agreement.
5. The City of Eden Prairie agrees to cover any costs that exceed the amount of funds
provided by the state (bond plus federal)necessary to complete the project.
ADOPTED by the Eden Prairie City Council on March 19, 2019.
Ronald A. Case, Mayor
ATTEST: SEAL
Ka leen Porta, City Clerk