BY COUNCILOR STOVER:
WHEREAS, The City of Duluth has applied to the commissioner of transportation for a grant from the Minnesota state transportation fund for the rehabilitation of Bridge No. L8506 over Amity Creek on Seven Bridges Road, S.P. 118-080-30; and
WHEREAS, the grant has been approved and the amount of the grant has been determined to be $721,478.
NOW, THEREFORE, BE IT RESOLVED, that the city of Duluth does hereby accept said grant and affirms that any rehabilitation costs qualifying for Minnesota state transportation funds in excess of the grant will be appropriated from funds available to the city of Duluth, and that any grant monies appropriated for the rehabilitation costs but not required, based on the final audit, shall be returned to the Minnesota state transportation fund.
RESOLVED FURTHER, that grant monies received hereunder shall be deposited into the Permanent Improvement Fund 0411, Agency 035, Organization 2175, Object 5530.
STATEMENT OF PURPOSE: This resolution accepts a grant from Minnesota state transportation funds in the amount of $721,478 for the replacement of Bridge No. L8506 over Amity Creek on Seven Bridges Road. The remaining funding for the project will be as follows: $47,471 from Permanent Improvement Fund 0411.