Title
Authorizing the proper City Officials to apply for and enter into a grant agreement with State of Minnesota for Bridge Bonding Funds for Kellogg Bridges Project.
Body
WHEREAS, the City of Saint Paul has applied to the Commissioner of Transportation for a grant from the Minnesota State Transportation Fund for construction of Bridge Nos. 62649, 62650, and 62651; and
WHEREAS, the Commissioner of Transportation has given notice that funding for this bridge is available; and
WHEREAS, the amount of the grant has been determined to be $3,822,371.62 by reason of the lowest responsible bid;
NOW THEREFORE, be it resolved that the City of Saint Paul does hereby agree to the terms and conditions of the grant consistent with Minnesota Statutes, section 174.50, subdivision 5, clause (3), and will 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 bridge but not required. The proper City Officials are authorized to execute a grant agreement with the Commissioner of Transportation concerning the above-referenced grant.
BE IT FURTHER RESOLVED, that whereas federal-aid funds are being used to participate in the cost of the bridge, the Minnesota State Transportation Fund grant shall be deposited directly into the federal-aid agency account and that the records of the City shall so state.