City Council Resolution 2021-61CITY OF MONTICELLO
WRIGHT COUNTY, MINNESOTA
RESOLUTION NO. 2021-61
RESOLUTION SUPPORTING THE TRANSPORTATION AND
ECONOMIC DEVELOPMENT PROGRAM APPLICATION
WHEREAS, the City of Monticello acts as the legal sponsor for the Highway 25 and
Broadway Avenue intersection improvement project and requests funding from the
Transportation Economic Development (TED) Program of the Minnesota Department of
Transportation; and
WHEREAS, the City of Monticello has the legal authority to apply for financial assistance,
and the institutional, managerial, and financial capability to ensure matching funds and
adequate construction of the proposed projects; and
WHEREAS, the City of Monticello has not violated any Federal, State or local laws
pertaining to fraud, bribery, graft, kickbacks, collusion, conflict of interest or other unlawful or
corrupt practice; and
WHEREAS, that upon approval of its application by the State, the City of Monticello
Monticello may enter into an agreement with the State of Minnesota for the above -referenced
project, and that it will comply with all applicable laws and regulations as stated in all contract
agreement.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF MONTICELLO,
MINNESOTA:
1. The City of Monticello has committed $250,000 towards the local match requirement.
2. The City of Monticello confirms if the project cost increases above the amount listed
in the Application, the City of Monticello will provide or secure all additional funds
necessary to complete the project.
3. The City of Monticello certifies that it will comply with all applicable laws, regulations,
and rules of the Application.
4. That the sources and uses, private investors, equity, and other financing commitment
represented in the attached document are accurate.
NOW, THEREFORE BE IN FURTHER RESOLVED BY THE CITY COUNCIL OF MONTICELLO,
MINNESOTA, that the Mayor and City Administrator, or their successor in office, are hereby
authorized to execute such agreements, and amendments thereto, as are necessary to
implement the project(s) on behalf of the applicant.
ADOPTED BYthe City Council of Monticello, Minnesota this 9t" day of August, 2021.
CITY OF MONTICELLO
Lloyd Hilgart, Mayor
ATTEST:
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Ve nifer Sc eibe City Clerk