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10-24 Resolution No. 11431 RESOLUTION NO. 11431 RESOLUTION AUTHORIZING THE CITY OF RICHFIELD TO ENTER INTO A LOCAL ROAD IMPROVEMENT PROGRAM (LRIP) GRANT AGREEMENT WITH THE MINNESOTA DEPARTMENT OF TRANSPORTATION FOR $4,310,000 FOR PURCHASE OF RIGHT OF WAY ASSOCIATED WITH THE 77TH STREET EXTENSION AND CROSSING OF TRUNK HIGHWAY 77 WHEREAS, the City of Richfield has applied to the Commissioner of Transportation for a grant from the Minnesota State Transportation fund for the 77th Street Extension and Trunk Highway 77 Crossing; and WHEREAS, the City of Richfield has received a Local Road Improvement Program General Fund Grant for $4,310,000; and WHEREAS, The City intends to use these funds to pay for costs associated with the right of way required for the 77th Street Extension and Trunk Highway 77 Crossing; and • WHEREAS, Minnesota Statute 465.03 requires every acceptance of a grant or devise of real personal property on terms prescribed by the donor be made by resolution of a two-thirds majority of the City Council. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota as follows: 1. The City Council of the City of Richfield hereby authorizes the Mayor and City Manager to enter into a Local Road Improvement Program Grant Agreement with the Minnesota Department of Transportation for $4,310,000. 2. Appropriate City personnel are authorized to administer the funds in accordance with the grant agreement and the terms described by the Minnesota Department of Transportation. 3. The City Council of the City of Richfield does hereby agree to the terms and conditions of the grant consistent with Minnesota Statutes, section 174.50, subdivision 5, clause (2), and will use all funds exclusively for the project, pay any additional amount by which the cost exceeds the estimate, and will return to the Minnesota State Transportation Fund any amount appropriated for the project but not required. Adopted by the City Council of the City of Richfield, Minnesota this 24th day of October, 2017. Pat Elliott, Mayor ATT T: , ca, Elizabeth VanHoose, City Clerk