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File #: RES 21-1292    Version: 1
Type: Resolution Status: Passed
In control: City Council
Final action: 9/8/2021
Title: Authorizing the City to enter into Subordinate Funding Agreement #5 to the Master Funding Agreement with the Metropolitan Council for the Gold Line Bus Rapid Transit Project.
Sponsors: Jane L. Prince
Attachments: 1. AGR_19I056E_SFA5_StPaul_R00-01_20210709_with_Exhibits

Title

Authorizing the City to enter into Subordinate Funding Agreement #5 to the Master Funding Agreement with the Metropolitan Council for the Gold Line Bus Rapid Transit Project.

 

Body

WHEREAS, the Metropolitan Council and the City entered into Master Funding Agreement Number 19I056 for the Gold Line BRT Project, as authorized by Council Resolution 20-796; and

 

WHEREAS, the City plans to provide funding to the Met Council for the design of private sewer services replacement in the amount of $20,500, as described in Subordinate Funding Agreement #5; now, therefore be it

 

RESOLVED, that the proper City Officials are hereby authorized and directed for and on behalf of the City to enter into Subordinate Funding Agreement #5 to the Master Funding Agreement with the Met Council for the Gold Line BRT Project, a copy of which is before Council and is made a part hereof; and be it

 

FURTHER RESOLVED, that the proper City Officials are authorized to execute the Agreement and any amendments to the Agreement.

 

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