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21-050 Resolution to Enter into Agreement with MNDot for State Trunk Highway 7 and Old Market Road Intersection Signal Improvement Project, City Project 21-06CITY OF SHOREWOOD COUNTY OF HENNEPIN STATE OF MINNESOTA RESOLUTION 21-050 A RESOLUTION TO ENTER INTO AGREEMENT WITH MNDOT FOR STATE TRUNK HIGHWAY 7 & OLD MARKET ROAD INTERSECTION SIGNAL IMPOVEMENT PROJECT, CITY PROJECT 21-06 WHEREAS, the Minnesota Department of Transportation is making construction improvements on the Trunk Highway 7 corridor through portions of Shorewood, Deephaven, and Minnetonka in 2021; and WHEREAS, the City is responsible for maintenance of Old Market Road which intersects with State Highway 7, and the City would like to see the replacement of the signal system at this intersection; and WHEREAS, the Minnesota Department of Transportation is the lead agency for the overall project and is completing the design and construction administration; and NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD, MINNESOTA AS FOLLOWS: The City of Shorewood enter into MnDOT Agreement No. 1046300 with the State of Minnesota, Department of Transportation for the following purposes: To provide for payment by the City to the State of the City's share of the costs of the traffic control, signal construction, and other associated construction to be performed upon, along, and adjacent to Trunk Highway No. 7 at Old Market Road within the corporate City limits under State Project No. 2706-239 (7=012). IT IS FURTHER RESOLVED that the Mayor and the City Clerk are authorized to execute the Agreement and any amendments to the Agreement. Passed by the City Council of Shorewood, Minnesota this loth day of May 2021. J nife Labadie, Mayor Sandie Thone, (fity Clerk