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City of Elk River City of Elk River City Council Resolution 20- 98 A Resolution of the City Council of the City of Elk River Agreeing to Provide Local Match Funding and Maintenance for Two Trail Gap Segments for the Transportation Alternatives 2025 Federal Funding Solicitation Process Application WHEREAS, the Central Minnesota Area Transportation Partnership (ATP-3) is soliciting project submittals for the federal funding under the Fixing America's Surface Transportation (FAST) Act in fiscal year 2025; and WHEREAS, these federal programs fund up to 80 percent of project construction costs up to a maximum of $800,000; and WHEREAS, federal funding of projects reduces the burden on local taxpayers for regional improvements; and WHEREAS, non-federal funds (local match) must be at least 20 percent of the project construction costs; and WHEREAS, all proposed trail segments are consistent with the adopted City of Elk River Parks Master Plan and adopted Master Trail Plan; and WHEREAS, the City of Elk River is responsible for the maintenance of the trail segments for the duration of their useful life; and WHEREAS, the estimated eligible project construction costs are $940,000; and WHEREAS, the City of Elk River would be responsible for 20 percent local match of project construction costs and all estimated design ($60,000), right of way ($50,000) costs; and WHEREAS, subject to federal funding award, the City Council of Elk River would be asked to consider authorization to execute a grant agreement at a future meeting. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota, as follows: 1. The City Council of Elk River, subject to federal funding award, agrees to provide non-federal local match of at least 20 percent of the project construction costs and all necessary design and right of way costs for the project. r O V E R E O e r NA 1 URE