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01-9075r 7 RESOLUTION NO. 9075 RESOLUTION AUTHORIZING MAYOR AND CITY MANAGER TO EXECUTE MINNESOTA DEPARTMENT OF TRANSPORTATION (MnDOT) AGENCY AGREEMENT NO. 82204 FOR THE MINNESOTA DEPARTMENT OF TRANSPORTATION TO REIMBURSE THE CITY OF RICHFIELD FOR ITS TRANSPORTATION REVOLVING LOAN FUNDS IN CONNECTION WITH THE PENN BRIDGE OVER 1-494 PROJECT CITY PROJECT NO. 401-30-521 S.P. 2785-328, 2785-329, S.A.P. 27-632-22 AND S.A.P. 157-020-20 FED. PROJ. NO. HPP MN 10 (102) IT IS RESOLVED that the City of Richfield enter into MnDOT Agreement No. 82204 with the State of Minnesota, Department of Transportation for the following purposes: To provide for a lump sum payment and deferred lump sum payments by the State to the City of the State's share of the costs of the grade, surface, drainage, signing, lighting, signals and bridge construction and other associated construction to be performed upon, along and adjacent to the Trunk Highway No. 494 and Penn Avenue South interchange under State Project No. 2785-328 (T.H. 494+393) et-al. NOW, THEREFORE, BE IT FURTHER RESOLVED, the Mayor and City Manager are hereby authorized and directed for and on behalf of the City of Richfield to execute and enter into an agreement with the Commissioner of Transportation prescribing the terms and conditions as set forth and contained in "Minnesota Department of Transportation Agency Agreement No. 82204," a copy of which said agreement was before the City Council and which is made a part hereof by reference. Adopted by the City Council of the City of Richfield, Minnesota this 10th day of September 2001. ~;~u Martin J. K~ ,Mayor ATTEST: Y\1l~~)i;u,.-J Nancy Glbb CIty Clerk