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04-42 - 06-01 - Copperative Agreement for Construction 55/Boone/General Mill Resolution 04-42 June 1, 2004 Member Freiberg introduced the following resolution and moved its adoption: RESOLUTION AUTHORIZING A COOPERATIVE AGREEMENT FOR CONSTRUCTION OF THE TRUNK HIGHWAY 55/BOONE AVENUE NORTH/GENERAL MILLS BOULEVARD INTERSECTION PROJECT WHEREAS, the City of Golden Valley and General Mills Inc. have entered into a development agreement to improve the intersection of TH 55/Boone Avenue North/General Mills Boulevard to accommodate increase traffic due to General Mills Headquarters expansion; and, WHEREAS, the Minnesota Department of Transportation staff acknowledged the need for grading and safety improvements to the intersection in meetings with City staff; and, WHEREAS, financial participation for the improvements is available from the Minnesota Department of Transportation through a cooperative agreement; and, WHEREAS, the City is committed to providing funding above and beyond those provided as part of the cooperative agreement, NOW, THEREFORE, BE IT RESOLVED by City Council for the City of Golden Valley that: 1. The Mayor and City Manager are authorized to sign the cooperative agreement. 2. That staff is directed to take all necessary steps to satisfy the requirements of the agreement. Linda R. Loomis, Mayor ATTEST: Donald G. Taylor, City Clerk The motion for the adoption of the foregoing resolution was seconded by Member Grayson and upon a vote being taken thereon, the following voted in favor thereof: Freiberg, Grayson, Loomis, Shaffer and Tremere; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted, signed by the Mayor and her signature attested by the City Clerk.