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80-034 RES • CITY OF ELK RIVER RESOLUTION NO. 80-34, A RESOLUTION AUTHORIZING THE EXECUTION OF A GRANT AGREEMENT WITH THE STATE OF MINNESOTA FOR 50% OF COST OF MODIFICATIONS TO ORONO DAM TO ALLOW FOR FUTURE PROVISION OF HYDRO ELECTRIC DEVELOPMENT WHEREAS, The Minnesota Department of Natural Resources and the United States Army Corps of Engineers have classified the Lake Orono Dam a high hazars structure, and have required that the City of Elk River take positive actions to remedy such hazard; and, WHEREAS, The City Council of the City of Elk River has deemed that the repair of the Lake Orono Dam is in the best interest of the citizens of the City of Elk River; and, WHEREAS, The City Council of the City of Elk River has deemed that modifications in the May 5th, 1980 contract with Acton Construction Company, Inc. to provide for future hydro electric development are in the best interests of the citizens of Elk River; and, WHEREAS, The State of Minnesota has encouraged the City of Elk River to make • modifications in the Orono Dam to provide for future hydro electric development. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River that the Mayor and City Administrator be empowered to enter into a grant agreement with the State of Minnesota, which will provide for 50% State funding and 50% local funding for modifications to the Orono Dam to provide for future hydro electric development. ADOPTED this 20th day of October, 1980. Mayor ATTEST: City Adm istrato