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HomeMy WebLinkAbout17-196 SMSC Cooperative Water Agreement 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 17-196 A RESOLUTION APPROVING A WATER PURCHASE AND FACILITY EXPANSION AGREEMENT AND ESCROW AGREEMENT BETWEEN THE CITY OF PRIOR LAKE AND THE SHAKOPEE MDEWAKANTON SIOUX COMMUNITY Motion By: Braid Second By: Thompson WHEREAS, The SMSC is constructing a new Water Treatment Plant. The Plant will be capable of supplying additional water to the City and will have future expansion available to meet the City’s long-term needs; and WHEREAS, The City is authorized to enter into contracts pursuant to Minnesota Statutes Chapter § 412.221; and WHEREAS, The Parties desire to enter into an Agreement regarding the City’s long term purchase of water from the SMSC. WHEREAS, The funding source for the City’s share of the project costs will be $1,000,000 from the Trunk Water fund (F502) and up to $2,500,000 from the Trunk Storage Fund (F505). NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA as follows: 1. The recitals set forth above are incorporated herein. 2. The City Council hereby approves a Water Purchase and Facility Expansion agreement and Escrow Agreement between the City of Prior Lake and the Shakopee Mdewakanton Sioux Community and authorize the Mayor and City Manager to execute the same. PASSED AND ADOPTED THIS 20th DAY OF NOVEMBER 2017 VOTE Briggs McGuire Thompson Burkart Braid Aye ☒ ☒ ☒ ☐ ☒ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☒ ☐ ______________________________ Frank Boyles, City Manager