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HomeMy WebLinkAboutCity Council Resolution 1998-147CITY OF PLYMOUTH RESOLUTION NO. 98 - 147 APPROVAL OF TRANSIT BUDGET CARRYOVER FUNDS FOR THE FOUR SEASON MALL PARK AND RIDE LOT RECONSTRUCTION CITY PROJECT NO. 7013 WHEREAS, on March 5, 1997 the City entered into an agreement with the owners of the Four Seasons Shopping Mall to permit the City to utilize a designated portion of their parking lot for the required park and ride facility for approximately 65 vehicles; and WHEREAS, the City committed to a substantial capital investment for improvements to the Four Seasons Mall Park and Ride facility and also is obligated by this agreement to reimburse the owners of the Four Seasons Shopping Mall in the amount of $13,300 annually from the Plymouth Metrolink Operating Budget; and WHEREAS, the City applied for and received Regional Transit Capital (RTC) fiinds to improve and reconstruct the park and ride site; and WHEREAS, the application for RTC funds required contributing funds from the City of Plymouth to complete the project, and WHEREAS, the cities transit administrator has determined that an expenditure of $26,356.11 in budget Carryover Funds is necessary to complete the previously approved project in its entirety. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: That the cities transit administrator is hereby authorized and directed to apply to the Metropolitan Council for Transit Budget Carryover Funds in the amount of $26,356.11 to complete the final project pay out on the Four Seasons Mall Park and Ride Lot Reconstruction Project, City Project No. 7013. Adopted by the City Council on March 4, 1998. C Documents and Settnig,,esuigei Local Settnig, TempVC(R 1998-14-_W83CCR 1998-14- doe STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS. The undersigned, being the duly qualified and appointed City Clerk of the City of Plymouth, Minnesota, certifies that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on , with the original thereof on file in my office, and the same is a correct transcription thereof. WITNESS my hand officially as such City Clerk and the Corporate seal of the City this day of City Clerk C Documents and Settnig,,esuigei Local Settnig, TempVC(R 1998-14-_W83CCR 1998-14- doe