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EOty1� ,.,�� Request for Action <br /> River <br /> To Item Number <br /> Mayor and City Council 8.1 <br /> Agenda Section Meeting Date Prepared by <br /> General Business January 16, 2018 ustin Femrite, P.E., City Engineer <br /> Item Description Reviewed by <br /> Corridors of Commerce Project Submittal Calvin Portner, City Administrator <br /> Reviewed by <br /> Action Requested <br /> Pledge, by resolution, support for funding of improvements to TH169 through the MnDOT Corridors of <br /> Commerce project solicitation. <br /> Background/Discussion <br /> The Southeast Sherburne County Transportation Committee is comprised of city, county and Elk River <br /> Chamber of Commerce officials. The committee has met on multiple occasions with Senator Kiffineyer <br /> and Representative Zerwas to discuss the transportation needs of our area. <br /> The Committee is recommending two projects be submitted for funding consideration through the State <br /> of Minnesota Corridors of Commerce program. <br /> The project will improve safety and traffic flow in Elk River by eliminating the existing stop lights on <br /> TH169/101 from the Mississippi River north through the city. Understanding the substantial cost of <br /> such a project, the committee supports completing the initial phase, to include a redesigned interchange <br /> at TH10 and creation of overpasses at Main Street and School Street, as an increment toward the full <br /> vision. <br /> Financial Impact <br /> Should this project be awarded funding through the Corridors of Commerce program,it is expected to <br /> come with a required local match. It is premature to understand the level of match required of the city <br /> and Sherburne County. Preliminary estimates put the local participation in the 15% range. <br /> Attachments <br /> ■ Resolution <br /> ■ Project Maps <br /> The Elk River Vision <br /> A PehoMing community Pitb revolutionary and spirited resourcefulness, exceptional P,`01 W E H E 8 6 T <br /> service, and community engagement that encourages and inspires prosperity INAWRE1 <br />