Item Description:
title
Neg Amd 2 to Agmt PR00005488 with Met Council and Hennepin County for Blue Line Extension Project, extend to 06/30/27; no increase to the NTE
end
WHEREAS:
body
WHEREAS, there exists a Capital Grant Agreement for the METRO Blue Line Extension Light Rail Transit Project (Capital Project 1000941) with the Metropolitan Council and Hennepin County; and
WHEREAS, Resolution 24-HCRRA-0028 authorized an increase of the combined HCRRA and County maximum grant amount to $248,905,000, and subsequently a combined grant amount of $208,100,000 was memorialized in Amendment One to Agreement PR00005488; and
WHEREAS, an extension of the grant activity period and a combined amount of $40,805,000 in previously authorized HCRRA and County funds will be memorialized in Amendment Two to Agreement PR00005488.
Resolution:
BE IT RESOLVED, that the Hennepin County Regional Railroad Authority authorizes the Executive Director to negotiate Amendment Two to Agreement PR00005488, Capital Grant Agreement for the METRO Blue Line Extension Light Rail Transit Project with the Metropolitan Council and Hennepin County, memorializing a maximum grant amount of $248,905,000 and extending the grant activity period to June 30, 2027; and
BE IT FURTHER RESOLVED, that the Authority authorizes the Chair to execute Amendment Two to Agreement PR00005488 on behalf of the Authority, after review and approval by the County Attorney's Office; and
BE IT FURTHER RESOLVED, that the Authority authorizes the Controller to transfer and disburse funds as necessary to carry out the intent of this Resolution.
end
Background:
From 2014 to 2023, the Hennepin County Regional Railroad Authority (the Authority or HCRRA) entered into three separate Cooperative Funding Agreements with the Metropolitan Council for METRO Blue Line Extension project (Project) development and engineering activities:
* A131493 from March 1, 2014, through March 31, 2016 (Resolution 13-HCRRA-0062), in an amount ...
Click here for full text