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HomeMy WebLinkAboutResolution 6049 . RESOLUTION NO. 6049 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA AUTHORIZING THE EXECUTION OF A COST PARTICIPATION AGREEMENT WITH THE CITY OF SPRING LAKE PARK FOR SEAL COATING SPRING LAKE ROAD WHEREAS, the City of Mounds Views has $110,000 budgeted in the Pavement Management Fund (Account 100-4470-5140) for Seal Coating to be performed by outside contractors; and WHEREAS, Spring Lake Road, from Hillview Road to County Road H2, is currently the only street that would be a candidate for seal coating since it was reconstructed in the late 1990's; and WHEREAS, a Cost participation Agreement has been drafted by Spring Lake Park legal counsel and reviewed by Mounds View legal counsel and found to be acceptable; and . WHEREAS, a feasibility report indicated that Mounds View's cost for seal coating the portion of Spring Lake Road Spring Lake Road (from Hillview Road to County Road H2) is estimated to be $12, 550.00, the funds for which would be derived from the Pavement Management Fund (Account 100-4470-5140). NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Mounds View, Ramsey County, Minnesota as follows: 1. The Cost Participation Agreement with the City of Spring Lake Park for seal coating Spring Lake Road Spring Lake Road, from Hillview Road to County Road H2, in the estimated amount of $12,550.00 is hereby approved. 2. The Mayor and City Administrator are hereby authorized to execute said Cost Participation Agreement. Adopted this 14th day of July 2003. . ATTEST: ~JQ/)1\;0 r4~ James Ericson Interim City Clerk/Administrator (SEAL)