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22-010 (01-18) Grant Agreement TH 55/Douglas Drive Roundabout with MnDotRESOLUTION NO. 22-010 RESOLUTION TO APPROVE Exhibit E for Grant Agreement to State Transportation Fund Local Road Improvement Program Grant Terms and Conditions SAP 128-594-002 WHEREAS, the City of Golden Valley has applied to the Commissioner of Transportation for a grant from the Minnesota State Transportation Fund for Local Road Improvement; and WHEREAS, the Commissioner of Transportation has given notice that funding for this project is available; and WHEREAS, the amount of the grant has been determined to be $512,184 by reason of the lowest responsible bid; NOW THEREFORE, be it resolved that the City of Golden Valley does hereby agree to the terms and conditions of the grant consistent with Minnesota Statutes, section 174.52 and will pay any additional amount by which the cost exceeds the estimate and will return to the Minnesota State Transportation Fund any amount appropriated for the project but not required. The proper City of Golden Valley officers are authorized to execute a grant agreement and any amendments thereto with the Commissioner of Transportation concerning the above-referenced grant. Adopted by the City Council of Golden Valley, Minnesota this 18th day of January 2022. __________________________ Shepard M. Harris, Mayor ATTEST: ____________________________ Theresa J. Schyma, City Clerk DocuSign Envelope ID: 634CDBD4-D45B-4180-8C9E-EFA6F9065E87