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HomeMy WebLinkAbout1997-205 CCRadoption: Member Kathleen Carmody introduced the following resolution and moved its RESOLUTION NO. 97-205 RESOLUTION ESTABLISHING IMPROVEMENT PROJECT NO. 1998-09, CONSTRUCTION OF PUBLIC SAFETY FACILITY, 67TH AND HUMBOLDT AVENUES NORTH; IMPROVEMENT PROJECT NO. 1998-10, DEMOLITION OF OLD AND CONSTRUCTION OF NEW WEST FIRE STATION, 63RD AND BROOKLYN BOULEVARD; AND IMPROVEMENT PROJECT NO. 1998-11, EAST FIRE STATION REMODELING WHEREAS, on November 4, 1997 the electorate of Brooklyn Center authorized by referendum vote the issuance of $7.9 million GO bonds to finance the following public improvements: • The construction of a new public safety facility at 67th and Humboldt Avenues; • The demolition of the west fire station at 63rd and Brooklyn Boulevard and the construction of a replacement fire station; and • The remodeling of the east fire station at 65th and Dupont Avenues North; and 1 WHEREAS, the City reasonably expects to expend monies from the Capital Improvements 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 from the proceeds of taxable or tax-exempt bonds, the debt service of which is expected to be paid from property taxes. The maximum amount of obligations expected to be issued for such project is $7,900,000. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota that: 1. Improvement Project Nos. 1998-09, 10, and 11 are hereby ordered. 2. The City Manager is hereby authorized and directed to prepare plans and specifications for said improvement. 3. This resolution is intended to constitute official intent to issue taxable or tax exempt reimbursement bonds for purposes of Treasury Regulation 1.105-2 and any successor law, regulation, or ruling. This resolution shall be modified to the extent required or permitted by Treasury Regulation 1.105-2, or any successor law, regulation, or ruling. Resolution No. 97-205 1 November 24, 1997 Date ATTEST: J-Ow k tai City Clerk e owng voted ag&L Mt the same. none , whereupon said resolution was declared duly passed and adopted. Mayor The motion for the adoption of the foregoing resolution was duly seconded by member Kay Lasman and upon vote being taken thereon, the following voted in favor thereof. Myrna Kragness, Kathleen Carmody, Kay Lasman, and Robert Peppe; andth f-11