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2. In addition, the City owns and will convey by quitclaim deed property rights <br />necessary for construction and operation of the Ramsey commuter rail <br />platform. Such conveyance shall be at no cost to the transferee. [Note: 1. <br />property transfers are needed for the project.] <br />3. City has no responsibility for acquisition of any other property interests for the <br />Project. <br />B. Mn/DOT ??? (Note: Does Mn/DOT need to be a party to this agreement? Do we need <br />Mn/DOT to issue the threat of condemnation?) <br />1. MnI�L-�T=it�t�>:tc#s-ta ae��i e=fr�Fra=BNS1= -the=c-orrlF� �kte�FailUease���r�ts=n€>ces�y <br />for:+oplement€ttion=€)f the P-raje€# tbrotagii >axecution=of-tt=i�6--#�L-rchase�f.-ld=-Sale <br />Agreen�ea�#=with=BtskSl�as yet=faith=in=Exhibii:=A=#o-phis=Mee#er �€�operetinn <br />Agreom. ent: <br />2—MR4)Q-T-has--atready-a4-.quira and rt erty--inWe--ts <br />n1eGas-s.a�f8i: the Gp ri atie of 6A rthstar-Corride . _ <br />1 <br />Agreement with BNSF as set forth in Exhibit A to this Master Cooperation Agreement. <br />2�ACRRA, in consultation with the Met Council, will negotiate the acquisition of certain - <br />property interests (such as platform leases and overpass/underpass agreements) <br />necessary for construction and operation of the Project. As necessary, the Met <br />Council will execute such agreements subject to the following: <br />1. Met Council acceptance of the terms and conditions of such agreements; <br />and <br />2. obtaining sufficient funding for any costs incurred or to be incurred by the <br />Met Council: <br />• in acquiring such property interests, and <br />• for the construction of the Project. <br />ARTICLE IV <br />FINANCING OF THE PROJECT <br />This article sets forth the projected sources and associated contributions necessary for <br />financing the Project. <br />A. Federal Grant Funding <br />1. The Parties anticipate that approximately roillion_of the Project will <br />be funded through a grant from the FTA. <br />2. Met Council will act as the Grantee of_all federal -funds for the_Project._As ------------- <br />Grantee, Met Council will conduct negotiations with FTA and will submit all <br />components of any grant applications to the FTA. <br />4 <br />Formatted: List Paragraph, Indent: Left: <br />0.25", Numbered + Level: 1 + Numbering <br />Style: 1, 2, 3, ... + Start at: 1 + Alignment: Left <br />+ Aligned at: 0.5" + Tab after: 0.5" + Indent <br />at: 0.5, Tab stops: 0.25', List tab + Not at <br />0.5" <br />Formatted: Not Highlight <br />