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HomeMy WebLinkAbout08-002 CR 21 / Jeffers Pass Traffic Signal 4646 Dakota Street S.E. Prior Lake, MN 55372-1714 RESOLUTION 08-002 A RESOLUTION APPROVING FINAL COST PARTICIPATION FOR COUNTY ROAD 21 AND JEFFERS PASS TRAFFIC SIGNAL IMPROVEMENTS Motion By: Hedberg Second By: Millar WHEREAS, On August 6, 2007 the City Council approved the Cost Participation for this project; and WHEREAS, The Cost Participation included engineering or construction observation costs; and WHEREAS, The City agreed to pay 50% of the cost associated with signalizing this intersection; and WHEREAS, The City's remaining cost share is $16,023. 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. Funding for this project shall come from the Street Oversize Fund Account No. 503-80207-501. 3. Staff is authorized to make payment to Scott County in the amount of $16,023. 4. Staff is authorized to invoice the ISD 719 $25,915 in 2008 and 2009 as part of the cost share agreement recognizing that the first installment was paid in 2007 by the School District. 5. All payments from the School District for this project shall be deposited in the Street Oversize Fund. PASSED AND ADOPTED THIS 7TH DAY OF JANUARY 2008. HauQen X Hauaen Erickson Absent Erickson Hedbera X Hedbera LeMair X LeMair Millar X Millar YES NO Frank www.cityofpriorlake.com Phone 952.447.9800/ Fax 952.447.4245