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HomeMy WebLinkAbout2022-141 CCRMember Graves introduced the following resolution and moved its adoption: RESOLUTION NO.2022-141 RESOLUTION ORDERING IMPROVEMENTS AND AUTHORIZING PREPARATION OF PLANS AND SPECIFICATIONS FOR IMPROVEMENT PROJECT NO, 2023-01; KNOX, JAMES, AND 54TH AREA IMPROVEMENTS WHEREAS, the Brooklyn Center City Council on July 25, 2022, authorized consideration of street, storm drainage and utility improvements in the area generally described as "Knox, James, and 54th Area Improvements", more specifically described as follows: Logan Avenue to James Avenue, and from 53rd Avenue to 55th Avenue; and WHEREAS, the City Council has received and accepted a feasibility report for said proposed improvements, as prepared under the City Engineer's supervision; and WHEREAS, said improvements are necessary, cost effective and feasible as detailed in the feasibility report, and WHEREAS, the City Council on September 26, 2022, adopted a resolution setting a date for a public hearing regarding the proposed improvements for the Knox, James, and 54th Area Improvements; and WHEREAS, ten days published notice of hearing was given and the hearing was held on October 24, 2022, at which time all persons desiring to be heard were given the opportunity to be heard thereon; and WHEREAS, the City Council has considered all comments, testimony, evidence and reports offered at or prior to the October 24, 2022, hearing; and WHEREAS, the City reasonably expects to spend monies fiom the Infrastructure Construction Fund on a temporary basis to pay the expenditures described in this resolution; and WHEREAS, the City reasonably expects to reimburse itself for such expenditures fiom the proceeds oftaxable ortax-exempt bonds, the debt service of which is expected to be paid from property taxes, special assessments or utility fees. The maximum amount of special assessment obligations expected to be issued for such project is $266,152,00; and WHEREAS, the Engineering Division is prepared to develop plans and specifications for said public improvement project. RESOLUTION NO. 2022-141 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota, that: 1. Improvement Project No. 2023-01, Knox, James, and 54Area Improvements, are hereby ordered and the Engineering Division is authorized to prepare plans and specifications for said improvements. 2. This resolution is intended to constitute official intent to issue taxable or tax exempt reimbursement bonds for purposes of Treasury Regulations and any successor law, regulation, or ruling. This resolution will be modified to the extent required or permitted by Treasury Regulations or any successor law, regulation, or ruling. December 12 2022 Date ATTEST: City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Ryan and upon vote being taken thereon, the following voted in favor thereof: Butler, Elliott, Graves. Lawrence -Anderson, Ryan and the following voted against the same: None whereupon said resolution was declared duly passed and adopted.