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HRA RES 2008-08 - 14523HRA RESOLUTION NO. -2008 - 08 A RESOLUTION APPROVING AND AUTHORIZING USE OF HRA LAND FOR THE FRIDLEY NORTHSTAR COMMUTER RAIL STATION WHEREAS, the Northstar Commuter Rail Development Authority (NCDA) is a multi jurisdictional joint powers entity empowered to study multi-modal transportation systems in Hennepin, Anoka, Benton, and Sherburne Counties; and WHEREAS, the NCDA is constructing a multi-phased 80 mile commuter rail system extending from St. Cloud to downtown Minneapolis in conjunction with other transportation system improvements; and WHEREAS, the Northstar commuter rail system will utilize the existing tracks of the BNSF railroad; and WHEREAS, said railroad tracks run through the City of Fridley and a commuter rail station is proposed in the City of Fridley; and WHEREAS, Federal Funding was inadequate to cover construction costs of the Fridley Station; and WHEREAS, Anoka County's participation in the Counties Transit Improvement Board (CTIB)makes the Anoka County Regional Rail Authority eligible to receive grant funding through CTIB; and WHEREAS, the Anoka County Regional Rail Authority is requesting $10.6M in CTIB grant funding to be awarded in November 2008 for completion of the Fridley Station; and WHEREAS, the Fridley Station is estimated to cost a total of $14.4M thus leaving a gap of approximately $32M; and WHEREAS, the CTIB Grant Guidelines call for at least a 10% local match; and WHEREAS, the City of Fridley's Housing & Redevelopment Authority has acquired a portion of the land necessary for constructing the Fridley Station for approximately $32M; and WHEREAS, obtaining the CTIB grant funding and beginning construction of the Fridley Station is imperative to opening with the rest of the line in November 2009. NOW, THEREFORE, BE IT RESOLVED, that the Housing & Redevelopment Authority In and For the City of Fridley authorizes the Anoka County Regional Rail Authority to use the HRA owned property located at 61St and Main, as is necessary for the Fridley Northstar Commuter Rail Station, as the required local match for CTIB funding. PASSED AND ADOPTED BY THE HOUSING & EVELOPMENT THORITY IN AND FOR THE CITY OF FRIDLEY THIS 4TH DAY OF SEP E B 2008. WRENC . C MMER - IR ATTEST: . w . WILLIAM W. BURNS, EXECUTIVE DIRECTOR