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HomeMy WebLinkAbout18-031 Revisded Scott County Flashing Yellow Arrow Project Agreenent 4646 Dakota Street SE Prior Lake, MN 55372 RESOLUTION 18-031 A RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO ENTER INTO A COOPERATIVE AGREEMENT WITH SCOTT COUNTY FOR THE FLASHING YELLOW ARROW PROJECT Motion By: McGuire Second By: Braid WHEREAS, Scott County has identified five intersections within the City of Prior Lake to be included in the Flashing Yellow Arrow Project; and WHEREAS, the cost to complete this project is proposed to be partially funded by the City of Prior Lake; and WHEREAS, Scott County has prepared a Cooperative Agreement outlining the financial obligations of the City for this project. 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 Mayor and City Manager are hereby authorized to enter into the Construction Cooperative Agreement with Scott County for cost sharing of the Flashing Yellow Arrow Project. 3. The funding for this project IN THE AMOUNT OF $104,670 will be from the tax levy and will be included in the City’s 2018 bond sale if necessary. Passed and adopted by the Prior Lake City Council this 19th day of March 2018 VOTE Briggs McGuire Thompson Braid Burkart Aye ☒ ☒ ☒ ☒ ☐ Nay ☐ ☐ ☐ ☐ ☐ Abstain ☐ ☐ ☐ ☐ ☐ Absent ☐ ☐ ☐ ☐ ☒ ______________________________ Frank Boyles, City Manager