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HomeMy WebLinkAbout24-047 - ADMIN Resolution - City Council - 2024/04/15Resolution No. 24-047 Approving an agreement with Xcel Energy to move the overhead utilities underground for the Minnetonka Boulevard Improvement Project City Project No. 4023-7000 Whereas, the city council approved the cooperative agreement with Hennepin County on March 18, 2024; and Whereas, the cooperative agreement included a payment from Hennepin County to the city for $500,000 upon completion of moving the overhead utilities underground; and Whereas, the City of St. Louis Park is responsible for the cost to move the overhead power lines underground; and Whereas, Xcel Energy has prepared an agreement with estimated costs to complete this work. Now therefore be it resolved by the city council of the City of St. Louis Park, Minnesota, that: The City of St. Louis Park enters into this agreement with Xcel Energy to underground the overhead power lines on Minnetonka Boulevard from Highway 100 to France Avenue. It is further resolved that the mayor and the city manager are authorized to execute the Agreement and any amendments to the Agreement. Reviewed for administration: Adopted by the city council April 15, 2024 Kim Keller, city manager Nadia Mohamed, mayor Attest: Melissa Kennedy, city clerk DocuSign Envelope ID: B7BCE580-73D2-45BC-938E-15B830011EA0