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MEMO TO: MAYOR AND CITY COUNCIL <br />FROM: CLERK -ADMINISTRATOR <br />DATE: JUNE 17, 1987 <br />SUBJECT: AGREEMENT FOR INSTALLATION AND MAINTENANCE OF <br />TRAFFIC CONTROL SIGNALS AT COUNTY ROAD I AND <br />QUINCY STREET <br />Attached please find a copy of Agreement No. 87011 between <br />Ramsey County and the City of Mounds View for the installa- <br />tion and maintenance of the traffic control signals to be <br />installed at County Road I and Quincy Street as part of the <br />County Road I Reconstruction Project. This agreement is <br />different from the agreement you previously approved in that <br />the City will be paying a small share of the costs of the <br />project as a deposit "up front" to the County, however, it <br />is not like the proposal originally submitted by the County <br />which would have called for the City to submit all costs "up <br />front" with refund of money not spent at no interest. <br />Staff has reviewed the contract and recommends Council <br />approve the contract and authorize the Mayor and Clerk - <br />Administrator to enter into it on behalf of the City. <br />DFP/mjs <br />