Item Description:
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Adjust county cost and recv for Agmt PW 23-11-24 with City of Edina (CP 2176600); no change to project budget
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Resolution:
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BE IT RESOLVED, that Agreement PW 23-11-24 with the City of Edina be modified to include an estimated county cost of $4,197,358 and an estimated county receivable of $1,718,626 for cost participation and maintenance responsibilities relating to the replacement of the Vernon Avenue bridge over the Canadian Pacific Railroad and intersection improvements on Vernon Avenue between Interlachen Boulevard and Trunk Highway 100, county project (CP) 2176600; and that following the review and approval by the County Attorney's Office, the Chair of the Board be authorized to sign the agreement on behalf of the county and that the Controller be authorized to receive and disburse funds as directed.
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Background:
On May 14, 2024, the county board authorized the county administrator to negotiate Agreement PW 23-11-24 with the City of Edina at an estimated county receivable of $1.5 million (Resolution 24-0195). The same resolution authorized the county administrator to negotiate PW 22-40-24 with the Minnesota Department of Transportation (MnDOT) and the City of Edina at an estimated county cost of $4,197,358 and estimated receivable of $218,626. The combined estimated receivable amounts for PW 23-11-24 and PW 22-40-24 is $1,718,626.
During negotiation of the two agreements, the state, city and county determined that the county's costs and receivables should be removed from Agreement PW 22-40-24 with MnDOT and the City of Edina and instead be added to Agreement PW 23-11-24 with the City of Edina. The combined change for the two agreements will be cost and revenue neutral.
Current Request:
This request is to modify Agreement PW 23-11-24 with the City of Edina to include an estimated county cost of $4,197,358 and an estimated county receivable of $1,718,626 for cost participation and maintenance responsibilities related...
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