BY PRESIDENT STOVER:
RESOLVED, that the city of Duluth has applied to the commissioner of transportation for a grant from the Minnesota state transportation fund for the construction of Bridge No. 69671 over Amity Creek on Seven Bridges Road, S.P. 118-080-31.
RESOLVED, that the grant has been approved and the amount of the grant has been determined to be $601,290.
FURTHER RESOLVED, that the city of Duluth does hereby accept said grant and affirms that any construction 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 construction costs but not required, based on the final audit, shall be returned to the Minnesota state transportation fund. Grant monies received hereunder shall be deposited into the Permanent Improvement Fund 0411, Agency 035, Object 4240-01, Project No. 0159TR.
STATEMENT OF PURPOSE: This resolution accepts a grant from the Minnesota state transportation fund in the amount of $601,290 for the construction of Bridge No. 69681 over Amity Creek on Seven Bridges Road. The remaining funding for the project will be as follows: $214,157.50 from local funds.