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HomeMy WebLinkAbout1995-102 CCRMember Kathleen Carmody introduced the following resolution and moved its adoption: RESOLUTION NO. 95 -102 RESOLUTION ESTABLISHING PROJECT FOR CORRUGATED METAL PIPE SANITARY SEWER TRUNK RELINING, IMPROVEMENT PROJECT NO. 1995 -11, CONTRACT 1995 -E WHEREAS, the City Engineer has reported to the City Council that the remaining portion of the City's sanitary sewer system that was constructed of corrugated metal pipe requires relining; and WHEREAS, the proposed improvement is identified in the Capital Improvement Program for Brooklyn Center; and WHEREAS, the required replacement is beyond the scope of usual maintenance performed by City forces; and WHEREAS, the City reasonably expects to expend monies from the Capital Improvements Fund and the Sanitary Sewer Utility 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 utility fees. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center, Minnesota that: 1. Improvement Project No. 1995 -11, Corrugated Metal Pipe Trunk Sanitary Sewer Relining, is hereby established. 2. Staff is hereby authorized and directed to prepare plans and specifications for Improvement Project No. 1995 -11. 3. The estimated project costs are established as follows: Contract 980,000 Contingency (10 98.000 Subtotal Construction $1,078,000 Staff Engineering (2%) Admin. Legal (2%) Total Est. Project Cost 21,500 21.500 $1,121,000 1 1 1 RESOLUTION NO. 95 -102 April 10, 1995 Date 4. 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. ATTEST: i41ibtAY Deputy Clerk M19or The motion for the adoption of the foregoing resolution was duly seconded by member Debra Hilstrom and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Kristen Mann, Debra Hilstrom, and Kathleen Carmody; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted.