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File #: RES 22-925    Version: 1
Type: Resolution Status: Passed
In control: City Council
Final action: 6/22/2022
Title: Authorizing the City to enter into Subordinate Funding Agreement #7 to the Master Funding Agreement with the Metropolitan Council for the Gold Line Bus Rapid Transit Project.
Sponsors: Jane L. Prince
Attachments: 1. AGR_19I056I-G_SFA7_StPaul_R03-00_06062022.pdf

Title

Authorizing the City to enter into Subordinate Funding Agreement #7 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 and Met Council desire to enter into an agreement facilitating timely authorization of construction change orders, if necessary, not to exceed $50,000 each up to a total of $250,000; 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 #7 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 Mayor and the proper City Officials are authorized to execute the Agreement and any amendments to the Agreement.

 

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