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HomeMy WebLinkAbout2005.04.18 RESO 2005-0020RESOLUTION 2005 — 20 FOR AGREEMENT TO STATE TRANSPORTATION FUND (BRIDGE BONDS) GRANT TERMS AND CONDITIONS WHEREAS, The City of Hugo has applied to the Commissioner of Transportation for a grant from the Minnesota State Transportation Fund for construction of Bridge No. SAP 224-104-01; and WHEREAS, the Commissioner of Transportation has given notice that funding for this bridge is available; and WHEREAS, the amount of the grant has been determined to be $45,813.92 by reason of the lowest responsible bid; NOW THEREFORE, BE IT RESOLVED That the City of Hugo does hereby agree to the terms and conditions of the grant consistent with Minnesota Statutes, section 174.50, subdivision 5, clause (3), and will pay any additional amount by which the cost exceeds the estimate, and will return to the Minnesota State Transportation Fund any amount appropriated for the bridge but not required. Adopted and passed this 18'h day of April 2005. ATTEST: n � Mary�A�reager, City Cl