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• THIS AGREEMENT made and entered into by and between the <br />State of Minnesota, Department of Transportation, hereinafter <br />referred to as the "State ", and the City of Elk River, <br />hereinafter referred to as the "City ", WITNESSETH: <br />WHEREAS, Minnesota Statutes Section 161.20 (1994) <br />authorizes the Commissioner of Transportation to make <br />arrangements with and cooperate with any governmental authority <br />for the purposes of constructing, maintaining and improving the <br />Trunk Highway system; and <br />WHEREAS, it was considered mutually desirable for the <br />State to provide two (2) controllers and cabinets for the new <br />traffic control signals on School Street Northwest at Freeport <br />• Avenue and at Jackson Avenue Northwest Such materials as <br />described immediately above shall hereinafter be referred to as <br />"State furnished materials "; and <br />WHEREAS, the City and State will participate in the <br />cost, maintenance and operation of the new traffic control <br />signals as hereinafter set forth; <br />NOW, THEREFORE, IT IS AGREED AS FOLLOWS: <br />1. The State has provided the controllers and cabinets <br />for the new traffic control signals on School Street Northwest at <br />Freeport Avenue and at Jackson Avenue Northwest. Estimated cost <br />for State furnished materials is $30,000.00. City's share is 100 <br />percent. <br />• <br />72759 <br />-1- <br />