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HomeMy WebLinkAboutResolution 048-2007 Resolution No. 48-07 Resolution For Industrial Park Grant Agreement WHEREAS, the City of Brookings has identified the need to construct certain streets in the Telkamp Industrial Addition to better serve the area businesses;and WHEREAS, it has been determined by the State of South Dakota that the project is eligible for an Industrial Park Grant; and WHEREAS, the City of Brookings will secure the required right-of-way for the construction of the project;and WHEREAS, the City of Brookings agrees to maintain the street for its useful life;and WHEREAS, the City of Brookings to provide a 20% local match for street construction costs,plus pay all engineering and administrative costs associated with said project;and THEREFORE,BE IT RESOLVED that the City of Brooking duly authorizes the City Manager of the City of Brooking to sign all documents for the Industrial Park Grant Agreement between the SD Department of Transportation and the City of Brookings. This resolution is effective immediately upon passage. Passed and approved this 26th day of June 2007. CITY OF BROOKINGS 4 L r x„„ Scot unsterman,Mayor No / • i (//�/y^/ c'Y , v l Shari Thornes,City Clerk