BY COUNCILOR STOVER:
RESOLVED, that the city of Duluth are hereby authorized to accept a grant in the amount of up to $274,405.00 from the Minnesota state transportation fund for the rehabilitation of Bridge No. L6122 over Chester Creek on Superior Street, S.P. 118-147-018, affirm that any rehabilitation costs which qualify for Minnesota state transportation funds in excess of the grant will be appropriated from funds available to the city of Duluth, and affirm 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, grant monies received hereunder shall be deposited into the Permanent Improvement Fund 0411, Agency 035, Object 5530; Project Number 0164TR.
STATEMENT OF PURPOSE: This resolution accepts a grant from Minnesota state transportation funds in the amount of $274,405 for the reconstruction of Bridge No. L6122 over Chester Creek on Superior Street. The remaining construction funding for the project will be as follows: $339,801.50 from municipal state aid funds.