Laserfiche WebLink
23 <br />May 10, 2011 <br />COOPERATIVE, AGREEMENT BE I'WEEN THF. <br />CITY OF MINNEAPOLIS AND CITYWOUNTY OF St. Anthony <br />REGARDING BICYCLE PARKING PROJECT <br />THIS AGREEMENT, is made and entered into as of this day of , 2011 <br />by and between the CITY OF MINNEAPOLIS, a Minnesota [tonic rule charter city <br />("Minneapolis"), and the CI"I'Y/COUN'fY OI-' St_. Anthony . a Minnesota city/comity <br />("City/County") <br />WITNESSETH: <br />WHEREAS, the CITY/COUNTY 01-st. Anthony desires to locate and construct new <br />bicycle parking; facilities pursuant to State Project 141-091-02.8 ("Project`) Within its boundaries <br />and has been determined to be eligible for Federal Nott -Motorized "Transportation Pilot Project <br />funds (hereby known as tl}e "NTP"); and <br />WHEREAS, the CITY/COUNTY OF st . Anthonvrecogtiires and is relying oil the Cfl'Y <br />OF MINNEAPOLIS to act as the financial agent for the receipt of NTP federal grant funds for this <br />Pro}ect to streamline the reporting requirements oil behalf of the CITYICOUNTY OF <br />St. Anthony___. <br />WHEREAS, (lie CITY/COUNTY OF St. Anthony is aware of and understands MnD01' <br />Agreement No. 97553, the Project Memorandum originally dated August lf, 2010 and that City of <br />Minneapolis is also eligible participant for this Project and shall follow its provisions; <br />WHEREAS, the CITY OF MINNEAPOLIS has agreed to act as (lie financial agent to <br />receive approximately $75,000 in N`TP federal grant funds (MnlJOT Agreement No. 97553) to <br />procure and furnish bike parking; facilities on bchail`ofcities and counties that are eligible to receive <br />NTP grant funds; and <br />WHEREAS, the CITY/COiJNTY OF st . Anthony miderstands that the NTP federal grant <br />funds will be used to the procure and lurnish the bicycle parking facilities but will not be used for <br />the Installation, operation or maintenance of said facilities, <br />WHEREAS, the CITY/COUNTY OFst. __Anthony shall install and assume ownership, <br />operation and maintenance of the bike parking facilities at its own cost according to the federal N"1'1' <br />grant provisions and this Agrecment; <br />NOW 'THEREFORE, in consideration of the mutual promises and mutual obligations of <br />the City of Minneapolis and the CTTY/COUNT'Y of each of them represents, covenants <br />and agrees with the other as follows. <br />T . Minneapolis Obligations. <br />Minneapolis through its Director of Public Works or his/her designee shall carry out its fiscal agent <br />and Agreement reapons'tbiIiLies for the Project. <br />Page 10*4 <br />