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Howard R <br /> <br />, Green Company <br /> <br />Item # <br /> <br />4.5. <br /> <br />May 10, 2002 <br />File: 815640J-0601 <br /> <br />Honorable Mayor and City Council <br />City of Elk River <br />13065 Orono Parkway <br />P.O. Box 490 <br />Elk River, MN 55330-0490 <br /> <br />RE: <br /> <br />ZANE AVENUEIMPROVEMENTS <br />Mn/DOT COOPERATIVE AGREEMENT <br /> <br />Dear Council Members: <br /> <br />Attached is a copy of the Cooperative Agreement prepared by Mn/DOT for the Zane <br />Avenue improvements. Mn/DOT has determined, based on initial estimates, that their <br />participation in this project will be $137,232.64. That is based on a cost split of the <br />various components involved in the improvement. Essentially, Mn/DOT will pay 100% of <br />the cost for closing the median access onto TH 10. They will pay no cost of the sanitary <br />sewer and watermain facilities included in the project, and the road construction will be a <br />60-40 split between the State and the City. <br /> <br />The amount of Mn/DOT's participation will be adjusted after the project is bid and then a <br />final adjustment will be made based on the cost split policy after the construction of the <br />project is final. As of today, based on estimates, Mn/DOT's participation would be <br />$137,232.64. <br /> <br />The rest of the agreement is essentially the same as all the other Cooperative <br />Agreements the City has approved over the years. We would recommend adoption of <br />the attached resolution which authorizes the Mayor and City Administrator to execute the <br />Cooperative Agreement. <br /> <br />If you have any questions regarding this issue, please call. <br /> <br />Sincerely, <br /> <br />Howard R. Green Company <br />Terry J. Maurer, P.E. <br /> <br />TJM:tw <br /> <br />Ltr 5-10-02 Council <br /> 1326 Energy Park Drive · St. Paul, MN 55108 · 651/644-4389 fax 651/644-9446 toll free 888/368-4389 <br /> <br /> <br />