HRA RES 1996-14 - 00001098HRA RESOLUTION N0. 14 - 1996
RESOLUTION AUTHORIZING AN ADDITIONAL REIMBURSEMENT TO THE
CITY OF FRIDLEY FOR THE MISSISSIPPI STREET/3RD STREET
INTERSECTION CONSTRUCTION PROJECT
WHEREAS, Anoka County has required certain public improvements to be completed
to the Mississippi Street and 3rd Street intersection as a result of the
Southwest Quadrant redevelopment project; and
WHEREAS, the City of Fridley opened bids on the project on June 20, 1996; and
WHEREAS, the lowest bid was $212,616.20 resulting in an overage of $50,378.51;
and
WHEREAS, the HRA passed HRA Resolution No. 7- 1996 authorizing reimbursement
of up to one-half of the original project cost of $162,237.69.
NOW, THEREFORE, BE IT RESOLVED that the Authority agrees to reimburse the City
of Fridley the remainder of the costs for the completion of the public
improvements at the intersection of Mississippi Street and 3rd Street.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE
CITY OF FRIDLEY THIS 11TH DAY OF JULY, 1996.
LAWRENCE R. COMMERS - CHAIRMAN
ATTEST:
WILLIAM W. BURNS - EXECUTIVE DIRECTOR