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11-10523r RESOLUTION NO. 10523 RESOLUTION AUTHORIZING APPROVAL OF CONTRACT NO. 99072 BETWEEN THE STATE OF MINNESOTA DEPARTMENT OF TRANSPORTATION (MN/DOT) AND THE CITY OF RICHFIELD TO PROVIDE INTERSECTION MODIFICATIONS AT 66TH STREET AND PORTLAND AVENUE AND ACCEPT A LUMP SUM PAYMENT IN THE AMOUNT OF $5000.00. WHEREAS, Mn/DOT is interested in research data which can provide guidance on effective signing and striping at roundabouts; and WHEREAS, both the City and Mn/DOT will benefit from the improvements at the 66th Street and Portland Roundabout; and WHEREAS, the City has agreed to coordinate the striping and signing modifications; and WHEREAS, Mn/DOT has agreed to reimburse the City up to $5000 for the coordination of the intersection striping and signing modifications. NOW, THEREFORE, BE IT RESOLVED by the Richfield City Council that the "State of Minnesota Joint Powers Agreement for Restripe and Modify Signs at 66th Street and Portland Avenue Roundabout", identified as Mn/DOT Contract No. 99072, a copy of which was before the Council, is hereby approved for the following purposes: To coordinate the intersection signing and striping modifications by the City in exchange for a lump sum payment from Mn/DOT to the City in the amount of$5000 as part of the Restripe and Modify Signs at 66th Street and Portland Roundabout. BE IT FURTHER RESOLVED that the Mayor and City Manager are authorized to execute the Agreement and any amendments to the agreement. Adopted by the City Council of the City of Richfi Id, Minnesota this 8th day of June, 2011. ��.1 k.}0—(4°V)44.vl C.- Air/ Debbie Goettel, Mayor ATTEST: Nancy Gibbs City Clerk