Title
Approving a Project Management Agreement between the City and the Port Authority, pursuant to Minnesota Statutes Section 471.59, for the proposed Red Rock Road Mill and Overlay Project.
Body
WHEREAS, the City of Saint Paul (“City”) and Saint Paul Port Authority (“Port Authority”) have agreed to undertake the rehabilitation of the public roadway (“Red Rock Road”) at the Port Authority’s Red Rock Terminal, which provides critical transportation access to several businesses operating at the Red Rock Terminal; and
WHEREAS, the rehabilitation work, proposed to occur during the fall of 2021, would be a standard mill and overlay project that entails removal of the existing roadway surface and replacement with a new bituminous surface (the “Project”); and
WHEREAS, the Port Authority has agreed to provide management services for the Project, and the City has agreed to provide design requirements, final acceptance inspection services, and up-front Project funding for design, construction and project management, to be repaid by properties located along Red Rock Road that benefit from the Project; and
WHEREAS, on July 14, 2021 the City Council adopted RES PH 21-164 to amend the 2021 Assessment Financing Fund budget to provide for the City's payment of 100% of Project costs; and
WHEREAS, the City and Port Authority initially prepared a memorandum of understanding to outline the roles and responsibilities of the parties with regard to management of the Project, and now wish to expand upon and formalize its terms in a Project Management Agreement ("PMA") between the parties as provided in a form and content substantially as set forth in Exhibit A attached hereto; now, therefore, be it
RESOLVED, that the City Council hereby approves said PMA pursuant to Minnesota Statutes Section 471.59 and authorizes and directs the proper city officials to effectuate its execution.