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RESOLUTION NO. 8938
RESOLUTION AUTHORIZING SUPPORTING A TRANSPORTATION REVOLVING
LOAN APPLICATION FOR REPLACING THE PENN AVENUE BRIDGE OVER 1-494
WHEREAS, the City of Richfield desires to have the Penn Avenue Bridge over 1-
494 rebuilt due to serious traffic congestion and an inadequate design of the existing
bridge; and
WHEREAS, the Minnesota Department of Transportation will be submitting an
application for funds under the Minnesota Transportation Revolving Loan fund to assist in
financing the replacement of the Penn Avenue Bridge; and
WHEREAS, the funds from the Minnesota Transportation Revolving Loan Program
will accelerate the replacement of the deficient existing bridge by approximately ten years.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Richfield is supportive of the Minnesota Department of Transportation in its application for
funds to the Minnesota Transportation Revolving Loan Fund to finance the replacement of
the Penn Avenue Bridge over 1-494.
Adopted by the City Council of the City of Richfield, Minnesota this 11th day of
September, 2000.
~~D
Martin J. Kir , Mayor
ATTEST:
u
, Deputy City Clerk