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00-8972r 4 RESOLUTION NO. 8972 RESOLUTION AUTHORIZING CITY STAFF TO SUBMIT AN APPLICATION FOR MUNICIPAL COOPERATIVE AGREEMENT AND ACCESS MANAGEMENT PROGRAM FUNDS OFFERED BY THE MINNESOTA DEPARTMENT OF TRANSPORTATION (MNDOT) WHEREAS, the City of Richfield is submitting an application for Municipal Cooperative Agreement and Access Management Program funds provided by the Minnesota Department of Transportation for an improvement on Penn Avenue at the entrance to the Best Buy Campus by adding a fourth leg to the proposed intersection as part of the replacement of the Penn Avenue Bridge; and WHEREAS, the City will use up to $250,000 of its funds identified to finance the Penn Avenue Bridge Project as its matching share of the remaining 50 percent of the cost of the proposed intersection improvement. NOW, THEREFORE, BE IT RESOLVED that the City is authorized to submit an application for Municipal Cooperative Agreement and Access Management Program funds provided by the Minnesota Department of Transportation (MnDOT) for an improvement on Penn Avenue at its intersection with the new entrance to the Best Buy Campus to add a fourth leg to the intersection to improve access to West 78th Street and the Century Court Apartments. BE IT FURTHER RESOLVED that if funding is approved the City will complete the project. Adopted by the City Council of the City of Richfield, Minnesota this 11th day of December 2000. /1~JJ. U Martin J. KI , Mayor ATTEST: