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RES 1978-67 - 00007267RESOLUTION NO. 67 -1978 A RESOLUTION APPROVING A COST SHARING AGREEMENT BETWEEN THE CITY OF FRIDLEY AND ANOKA COUNTY FOR IMPROVEMENTS AT THE INTERSECTIONS OF T.H. 47 AT C.S.A.H. 6 (MISSISSIPPI ST.) and C.S.A.H. 8 (OSBORNE RD.): STREET IMPROVEMENT PROJECT ST. 1975 -4 WHEREAS, the City of Fridley has entered into a three -way agree- ment #59091 with the Minnesota Department of Transportation and Anoka County for the revision of existing traffic control signals with street lights and signing on T.H. 47 at Mississippi Street and Osborne Road; and WHEREAS, the County of Anoka has entered into an agreement #59074 with the Minnesota Department of Transportation for the construction of turn lanes, channelizations and storm sewer facilities and other improve- ments along the east and west approaches of Mississippi Street and Osborne Road to T.H. 47: WHEREAS, the improvements included in the above agreement #59074 are equally beneficial to the City, and for this reason the City will enter into a financial arrangement with the County to help defray improvement costs. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fridley that the Agreement setting forth such terms and conditions for the improvement of this roadway is found to be in the best interest of the City of Fridley and the Mayor and City Manager are hereby ordered and directed to execute said agreement in the name of the City of Fridley. ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 24th DAY OF JULY, 1978. ATTEST: 1' 4 CITY CLERK - MARVIN C. BRUNSELL MAYOR - WILLIAM J. NEE 109