HomeMy WebLinkAbout05-5416200 Eagle Creek Avenue S.E.
Prior Lake, MN 55372-1714
RESOLUTION 05-54
A RESOLUTION APPROVING AN MASTER LEASE AGREEMENT
WITH THE METROPOLITAN COUNCIL FOR
LAKER LINES TRANSIT VEHICLES.
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
Motion By: Zieska Second By: Petersen
In January 2001, the City Council chose to opt-out of the Minnesota Valley Transit
Authority in order to provide improved local transit services to Prior Lake residents; and
the City entered into an agreement to have the Met Council reimburse the City for the
purchase of its two Laker Lines 44-passenger fleet vehicles; and
in essence, the Metropolitan Council purchased these transit vehicles for the City; and
the Met Council requires the City to enter into a Lease Agreement for a term ending
December 31,2009 at an annual lease payment of $1.00.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA
that:
1. The recitals set forth above are incorporated herein.
2. The Mayor and City Manager are hereby authorized to enter into a Master Lease Agreement with
the Metropolitan Council for Laker Lines transit vehicles for a period ending December 31, 2009.
PASSED AND ADOPTED THIS 4TH DAY OF APRIL, 2005.
YES NO
Haugen X Hau~len
Fleming X Flemin~l
LeMair X LeMair
Petersen X Petersen
Zieska X Zieska
City Manager,
Lake
www. cityofpriorlake, corn
Phone 952.447.4230 / Fax 952.447.4245