Loading...
RESO 25-006 - Approving Cooperative Funding Agreement for the Highway 55 Bus Rapid Transit (BRT) StudyRESOLUTION NO. 25-006 A RESOLUTION APPROVING COOPERATIVE FUNDING AGREEMENT FOR THE HIGHWAY 55 BUS RAPID TRANSIT (BRT) STUDY WHEREAS, the Metropolitan Council, Hennepin County, Minneapolis, Golden Valley, Plymouth, and Medina have been separately involved in various activities regarding the planning and development of transportation and transit service improvements along the Highway 55 corridor; and WHEREAS, Metropolitan Council has been awarded Regional Solicitation funds to operate a new limited stop route along Highway 55 as a demonstration of potential BRT service in the corridor and the proposed Highway 55 BRT Study will inform the routing, station spacing, station location and other essential elements of the new limited stop route along Highway 55; and WHEREAS, the County is involved in the planning of transportation and transit improvements along the Highway 55 corridor; and WHEREAS, Highway 55 is a principal transportation, development, and potential transit corridor in Golden Valley; and WHEREAS, Metropolitan Council, Hennepin County, Minneapolis, Golden Valley, Plymouth, and Medina have entered into an agreement to provide a mechanism for the transfer of funds from the County, Golden Valley, Plymouth, Medina, and Minneapolis to the Coun cil for the Study, which study will benefit all parties; and WHEREAS, The Cooperative Funding Agreement will fund the final study documents that shall include recommendations on the implementation of a transit line along the Highway 55 corridor, including but not limited to: station locations, roadway improvements, service plan, capital and operating costs and ridership; and WHEREAS, It is found and determined that it is in the best interests of the City that the Cooperative Funding Agreement be approved. NOW THEREFORE, BE IT RESOLVED, BY THE CITY COUNCIL OF THE CITY OF GOLDEN VALLEY, MINNESOTA that this Council approves the cooperative funding agreement for the Highway 55 BRT Study. Adopted by the City Council this 4th day of February, 2025. _____________________ Roslyn Harmon, Mayor ATTEST: _____________________________ Theresa Schyma, City Clerk Docusign Envelope ID: 4199D760-D404-4745-B3C2-75FEF97C5119