00-8888r
37
RESOLUTION NO. 8888
RESOLUTION AUTHORIZING EXECUTION OF AGREEMENTS ENTITLED
TRAFFIC STUDY REIMBURSEMENT AGREEMENT AND
GOLDEN TRIANGLE REIMBURSEMENT AGREEMENT, BOTH BY AND BETWEEN
THE CITY OF EDEN PRAIRIE AND THE 1-494 CORRIDOR COMMISSION
WHEREAS, the City of Richfield is a party to that certain Joint and Cooperative
Agreement establishing the 1-494 Corridor Commission; and
WHEREAS, Article 6, Paragraph 6.12 authorizes the 1-494 Corridor Commission
to enter into contracts deemed necessary by the Commission to carry out its powers
and duties, except that all contracts for an amount exceeding $5,000 shall be approved
by at least five Parties; and
WHEREAS, the 1-494 Corridor Commission desires to enter into a Traffic Study
Reimbursement Agreement with the City of Eden Prairie pertaining to a traffic study for
the Eden Prairie Golden Triangle Area, and a Golden Triangle Reimbursement
Agreement with the City of Eden Prairie whereby the City would hire on behalf of the
Commission an Executive Director for the Golden Triangle Transportation Management
Association; and
WHEREAS, it is anticipated that both Agreements will exceed $5,000 in cost.
NOW THEREFORE, BE IT RESOLVED that the City of Richfield hereby
authorizes the 1-494 Corridor Commission to enter into those certain agreements
entitled Traffic Study Reimbursement Agreement and Golden Triangle Reimbursement
Agreement both by and between the City of Eden Prairie and the 1-494 Corridor
Commission.
Adopted by the City Council of the City of Richfield, Minnesota this 12th day of
June, 2000.
0~W
Martin J. Kir '. ayor
ATTEST:
~J/J I?~
Thomas P. Ferber, City Clerk