Resolution 46-04 Grant Application
GUARANTEEING LOCAL SHARE OF CONSTRUCTION COSTS AND ONGOING MAINTENANCE
WHEREAS, the City of Mountain Iron recognizes the Streetscape Enhancement project as an important transportation facility; and,
WHEREAS, the City of Mountain Iron desires to undertake the Streetscape Enhancement; and,
WHEREAS, 80 percent development grants are available for eligible projects; and,
WHEREAS, the applicant must guarantee the 20 percent local match to the enhancement grant; and,
WHEREAS, the Federal Highway Administration (FHWA) requires that states agree to operate and maintain facilities constructed with federal transportation enhancement funds for the useful life of the improvement.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF MOUNTAIN IRON, MINNESOTA, that the City of Mountain Iron acknowledges full well that such an application for enhancement funds for the City of Mountain Iron�s Streetscape Enhancement includes a willingness to secure and guarantee the local share of costs associated with this project and responsibility for seeing this project through to its completion, with compliance of all applicable laws, rules and regulations.
BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF MOUNTAIN IRON, MINNESOTA, that the City Administrator is hereby authorized to act as agent on behalf of this applicant.
BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF MOUNTAIN IRON, MINNESOTA, that the City of Mountain Iron hereby agrees to assume full responsibility for the operation and maintenance of property and facilities related to the aforementioned transportation enhancement project.
BE IT FURTHER RESOLVED BY THE CITY COUNCIL OF MOUNTAIN IRON, MINNESOTA, that the City of Mountain Iron, through city and private contributions, guarantees the local match for the Streetscape and Locomotive Park Enhancement project.
DULY ADOPTED BY THE CITY COUNCIL THIS 20th DAY OF DECEMBER, 2004.