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CC Regular Session <br />Meeting Date: 08/09/2011 <br />By: Jo Thieling, Administrative Services <br />5. 5. <br />Title: <br />Approve Assignment and Assumption of Agreement between Northstar Corridor Development Authority and the <br />City of Ramsey <br />Background: <br />In 2009, the City of Ramsey assumed the responsibility and obligations for the operation of the Ramsey Star <br />Express. Staff was recently notified by Tim Yantos, Executive Director, that an Assignment and Assumption of <br />Agreement, which should have been signed at that time, has never been processed. Mr. Yantos furnished the City <br />with copies of the Agreement and asked that the contract be presented to City Council for approval. The <br />Agreement is attached for Council review. <br />Notification: <br />Observations: <br />Recommendation: <br />City Staff recommends a motion to approve the Assignment and Assumption of Agreement between the Northstar <br />Development Authority and the City of Ramsey for the operation of the Ramsey Star Express. <br />Funding Source: <br />The operation of the Ramsey Star Express is funded throuth the Landfill Trust fund <br />Council Action: <br />Motion to approve the Assignment and Assumption of Agreement between Northstar Corridor Development <br />Authority and the City of Ramsey. <br />Assignment & Assumption of Agreement <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Brian Olson Brian Olson 08/02/2011 02:59 PM <br />Kurt Ulrich Amy Dietl 08/03/2011 03:28 PM <br />Form Started By: Jo Thieling Started On: 07/29/2011 04:01 PM <br />Final Approval Date: 08/03/2011 <br />