Item Description:
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Neg Agmts PW 40-47-25 with Spring Park and PW 47-40-25 with MnDOT for CSAH 51 reconstruction project 2182000; transfer revenues and adjust budgets for CP 2182000 and 2201100 (est county cost $325,000, recv from Spring Park $2,650,000)
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Resolution:
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BE IT RESOLVED, that the County Administrator be authorized to negotiate Agreement PW 40-47-25 with the City of Spring Park for cost participation and maintenance responsibilities relating to the design, right-of-way acquisition, and construction on County State Aid Highway (CSAH) 51 (Sunset Drive) from CSAH 15 (Shoreline Drive) to CSAH 19 (Shadywood Road) in Spring Park, at an estimated county cost of $325,000 and an estimated receivable of $2,650,000; that upon 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 accept and disburse funds as directed; and
BE IT FURTHER RESOLVED, that $183,000 in property tax and $142,000 in surplus revenues be transferred from CP 2201100 (Cost Participation and Partnerships 2024-2028) to CP 2182000 (CSAH 51 - Reconst Sunset fr Shoreline to Shadywood); that the total project budget for CP 2182000 be increased by $325,000 and CP 2201100 be decreased by $325,000 as part of the 2025 Capital Budget; and that the Controller be authorized to transfer and disburse funds as directed; and
BE IT FURTHER RESOLVED, that the County Administrator be authorized to negotiate Agreement PW 47-40-25 with the Minnesota Department of Transportation allowing Hennepin County to act as fiscal sponsor on behalf of the City of Spring Park to enable the city to receive Local Road Improvement funds of $1,500,000; that upon 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 the Controller be authorized to accept and disburse funds as directed; and
BE IT FURTHER ...
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