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RESOLUTION 2005 —19 <br />FOR AGREEMENT TO STATE TRANSPORTATION FUND (BRIDGE BONDS) <br />GRANT TERMS AND CONDITIONS <br />WHEREAS, The City of Hugo has applied to the Commissioner of Transportation for a <br />grant from the Minnesota State Transportation Fund for construction of Bridge No. SAP <br />224-080-01; and <br />WHEREAS, the Commissioner of Transportation has given notice that funding for this <br />bridge is available; and <br />WHEREAS, the amount of the grant has been determined to be $112,580.92 by reason <br />of the lowest responsible bid; <br />NOW THEREFORE, BE IT RESOLVED That the City of Hugo does hereby agree to <br />the terms and conditions of the grant consistent with Minnesota Statutes, section 174.50, <br />subdivision 5, clause (3), and will pay any additional amount by which the cost exceeds <br />the estimate, and will return to the Minnesota State Transportation Fund any amount <br />appropriated for the bridge but not required. <br />Adopted and passed this 18a` day of April 2005. <br />4m, owl, <br />ATTEST: <br />.4,17 <br />Mary reager, City Cler <br />