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95-8270r 43 RESOLUTION NO. 8270 RESOLUTION AUTHORIZING A COOPERATIVE CONSTRUCTION AGREEMENT WITH THE MINNESOTA DEPARTMENT OF TRANSPORTATION ON THE 1-4941CTM PROJECT WHEREAS, Cooperative Construction Agreement No. 73953 with the Minnesota Department of Transportation (MnDOT) is part of a federal demonstration project designed to improve traffic flow on the freeway and local streets in the 1-494 corridor; and WHEREAS, the proposed local share of Richfield funds for the project is consistent with the cost sharing agreement previously approved by participating governmental agencies; and WHEREAS, the three staff people funded using this federal grant are needed to provide training of City and Hennepin County staff to operate the new traffic signal technology; and, WHEREAS, the Minnesota Department of Transportation has agreed to finance the three staff positions once the Integrated Corridor Traffic Management demonstration project is completed. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Richfield, Minnesota that the City of Richfield enter into Agreement No. 73953 with the State of Minnesota, Department of Transportation for the following purposes, to wit: to provide for MnDOT to administer the Integrated Corridor Traffic Management Project and for the Commissioner of Transportation to act as the City's agent in accepting federal-aid funds made available for the project, which is designated in the records of the Federal Highway Administration as Project CMA 2796(065). BE IT FURTHER RESOLVED that the Mayor and City Manager are hereby authorized and directed to execute such agreement. Adopted by the City Council of the City of Richfield, Minnesota this 28th day of August, 1995. ATTEST: ~N/} f?Q~ Thomas P. Ferber, City Clerk