Item Description:
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Neg Sub Funding Agmt A2311981 with Metropolitan Council for inspection services for METRO Green Line Extension LRT Project, 01/01/24-12/31/24, est recv $172,000
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Resolution:
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BE IT RESOLVED, that the County Administrator be authorized to negotiate Subordinate Funding Agreement A2311981 with the Metropolitan Council for the reimbursement of dedicated county staff costs incurred for the METRO Green Line Extension Light Rail Transit Project (capital project 1005876) in the areas of construction inspection and surveying, during the period January 1, 2024, through December 31, 2024, with an estimated receivable amount of $172,000; that following 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.
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Background:
The Hennepin County Board of Commissioners authorized Master Funding Agreement A142418 with the Metropolitan Council as an umbrella agreement to provide for activities performed by the county in connection with and in support of the METRO Green Line Extension (Southwest) Light Rail Transit Project (Resolution 14-0515). The Master Funding Agreement requires negotiation and execution of subordinate funding agreements for all county project activities.
Pursuant to that Master Funding Agreement, the board subsequently authorized a series of Subordinate Funding Agreements with the Metropolitan Council, each of which reimburses the county for dedicated staff costs for construction inspection and other related tasks for the METRO Green Line Extension project in a given year:
* Agreement A199488 for fiscal year 2019, receivable of $783,028 (Resolution 19-0061)
* Agreement A1910056 for fiscal year 2020, receivable of $399,101 (Resolution 20-0022)
* Agreement A2010388 for fiscal year 2021, receivable of $410,652 (Resolution 20-0455)
* Agreement A2111083 for fiscal y...
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