Agenda - Council Work Session - 06/07/2011

Home

9:- Minnesota-Statutes;-Seotion 473:-389-ctireets-Met GouRGil-and Mt-VDO-T to -Cooperate to-ens,urre tom; at-Ger4ain4ight rail transit and 69mf#EftFar,Fa�( f86liltl£Fr2re pic1F�N� designed, ar^i plemente'': r d -out of s r II within, the Tani n Cit" met�on _ ij a59v�TCP��v"IlTffr�ZTi��PlTfvmc�Tii�. transit lines vVill inteFfar_,e with eaGh other and with ��ts' n f -ran lities-so as system. 448. The Parties have passed resolutions or taken action authorizing their officials to execute this Master Cooperation Agreement between and among the Parties. -11-9_ The Met Council and the other parties to this agreement have authority pursuant to � Minnesota Statutes, Section 473.4057 and other applicable law to enter into this Master Cooperation Agreement. AGREEMENT NOW, THEREFORE, for mutual valuable consideration, the sufficiency of which has been agreed to by the Parties, Met Council MR/POT-, ACRRA, and the City agree as follows: ARTICLE I PURPOSE, GENERAL COOPERATION AND DELEGATION OF AUTHORITY A. Purpose of Agreement The purpose of this Master Cooperation Agreement is to: 1. Set forth the agreements made or to be made between and among the Parties on topics and issues with respect to the implementation, construction, ownership and operation of the Project pursuant to their authority under Minnesota Statutes, Chapters 174, 398A, 473; Minnesota Statutes, Section 471.59 and other applicable statutes; 2. Set forth the responsibilities agreed to be undertaken by each of the Parties with respect to the Project; 3. Provide for the requisite delegation of authority from the Met Council to each of the Parties, pursuant to Minnesota Statutes, Section 473.4057, as necessary for each Party to fulfill its responsibilities hereunder; 4. Set forth a timetable for the construction and implementation of the Project; and 5. Document the expenditures made or to be made by the Parties in support of the Project. B. General Cooperation 2